Yearn Finance Q1 Report Reveals Rising Profits Thanks to Vaults and Yield Farming
Yearn Finance said in its second-ever quarterly report, and first using the EBITDA accounting metric, that earnings in Q1 2021 were up 32% of all 2020 earnings, a period which spanned the five months since the protocol’s inception last year. The report offers a glimpse into the business model of a DeFi project that’s not…
By: Owen Fernau •
DeFiYearn Finance said in its second-ever quarterly report, and first using the EBITDA accounting metric, that earnings in Q1 2021 were up 32% of all 2020 earnings, a period which spanned the five months since the protocol’s inception last year. The report offers a glimpse into the business model of a DeFi project that’s not…
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