{"id":29761,"date":"2020-10-07T16:33:19","date_gmt":"2020-10-07T13:33:19","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=29761"},"modified":"2025-08-27T18:48:14","modified_gmt":"2025-08-27T15:48:14","slug":"yearn-finance-readies-storage-upgrade-as-liquidity-declines","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/yearn-finance-readies-storage-upgrade-as-liquidity-declines\/","title":{"rendered":"yEarn.Finance readies storage upgrade as liquidity declines"},"content":{"rendered":"

The developers of yEarn.Finance announced<\/a> a storage upgrade for yVaults aimed at increasing its flexibility and security.<\/p>\n

The project team notes that the current version of yVaults has allowed yEarn.Finance to scale to its present level.<\/p>\n

The push to optimise the storage was prompted by maintenance difficulties and the absence of features affecting security and the risk\/return balance.<\/p>\n

The forthcoming update will enable yVaults to optimise the development cycle for new strategies via a standard API, broaden their available options, and make storage usage simpler and safer.<\/p>\n

The announcement came amid ongoing withdrawals of frozen YFI tokens from DeFi protocols: over the past 30 days liquidity has fallen by about 25% to $629 million. In the last 24 hours, this figure declined by more than 10%.<\/p>\n

\"yEarn.Finance<\/p>\n

Data: DeFi Pulse<\/a>.<\/p>\n<\/div>\n

As of writing, yEarn.Finance ranked seventh by frozen-funds volume. Uniswap remains first with $2.22bn, and Maker with $1.82bn. In third place is Aave with $1.16bn. Curve Finance is fourth at $1.11bn, fifth is WBTC at $998.4m, and sixth is Compound at $769.5m.<\/p>\n

\"yEarn.Finance<\/p>\n

Data: DeFi Pulse<\/a>.<\/p>\n<\/div>\n

Since 12 September, when the YFI token reached its all-time high of $43,678, its price, according to CoinGecko<\/a>, has fallen by 64.9% to $15,260.<\/p>\n

In September, the developers of yEarn.Finance announced<\/a> the launch of the StableCredit protocol. It is planned to include tokenised debt-stablecoins, lending, and automated market making.<\/p>\n

Subscribe to ForkLog’s channel on YouTube<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

The developers of yEarn.Finance announced a storage upgrade to yVaults aimed at increasing its flexibility and security.<\/p>\n","protected":false},"author":1,"featured_media":29762,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1093,1869],"class_list":["post-29761","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-defi","tag-yearn-finance"],"aioseo_notices":[],"amp_enabled":true,"views":"13","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/29761","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=29761"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/29761\/revisions"}],"predecessor-version":[{"id":29763,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/29761\/revisions\/29763"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/29762"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=29761"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=29761"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=29761"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}