Yearn’s ecosystem has expanded remarkably in the last ten days. In a move first of its kind, Yearn has “merged” with six different DeFi protocols since November 24: Pickle, Cream, PowerPool, Cover, Akropolis and SushiSwap, in that order.  While the conditions of these mergers vary by protocol, most of them are certainly not mergers in…

After a series of flash loan attacks where DeFi protocols lost $100M in damages, Yearn acquired Cover Protocol to provide decentralized insurance. The project pays out claims from exploits or certain attacks on smart contracts, using a the  Snapshot voting tool to decide coverage. The claim will move to its Claim Validity Committee (CVC) to…

SushiSwap is the latest DeFi project to combine forces with Yearn Finance as Andre Cronje’s protocol continues with its merger spree to expand services to the addressable market.  As the announcement became public, there were no remarkable price jumps $SUSHI on the day of the announcement, however, it kept its price around $1-$2, a 98%…

Yearn Finance has partnered or merged with at least six different DeFi projects, three of which have been announced in just in the past four days. SushiSwap, Akropolis and Cover, were the latest protocols to combine forces with Yearn, while mergers with Cream, Pickle, and a partnership with Hegic were announced in the past two weeks. Rather than…

Yearn Finance and Pickle Finance today announced a merger where the teams are consolidating resources and technical stack. Just a few days earlier, Pickle was attacked and ~$20M Dai was drained (more on the attack below). The timing of the merger at the heel of a protocol attack highlights the seized opportunity these DeFi teams…

Hegic is back with a bang. Demand for the protocol, which temporarily suspended activity after a bug earlier this year, is soaring as its partnership with Yearn Finance’s rockstar founder compounds with increasing demand for trading protection. The HEGIC governance token has more than doubled over the past 30 days, after founder Molly Wintermut and…

This is The Defiant x Harmony, a weekly series brought to you by Harmony Protocol’s Creative Director, Robin Schmidt, and Camila Russo, the founder of The Defiant, to explore DeFi’s most important stories and demystify this exciting emerging financial space.