Yearn Finance Launches Ethereum Vaults; Here’s Why Its Bullish for ETH

Yearn Finance Launches Ethereum Vaults; Here’s Why Its Bullish for ETH

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Yearn Finance is now allowing people to stake their Ethereum holdings to earn higher yields via its new product yETH.

The vault, which went live on Monday following a community vote, expects to attract a large amount of ETH tokens, with many observers noting that the migration would leave the Ethereum market with a supply-side liquidity shock. They are already counting on a bullish response from…

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