YFI and yTokens

YFI

  • Yearn Governance token

  • Only 30,000 minted and already fully distributed

    • Governance can mint more, if proposal to do so passes.

yTokens

  • When you deposit into any yearn service your deposit is wrapped and returned as a yToken representing the liquidity provided

  • For example, if you deposit DAI in y.curve.fi you will receive yDAI in return

  • Amounts of yToken and deposited token will differ since the yToken represents a share of a pool that is increasing in value

  • If you deposit a yToken into another yearn service you will get a yyToken back

yUSD

  • See our doc on yUSD for detailed info

  • LP token for yearn's yCRV yVault

  • aka yyCRV or yyDAI+yUSDC+yUSDT+yTUSD

  • When you deposit yCRV into the yVault you receive yUSD**** LP tokens

  • earns interest via yCRV, fees and yield farming rewards via the vault strategy

yCRV

  • LP token for yearn's Y pool at Curve.fi/y

  • Aka yDAI+yUSDC+yUSDT+yTUSD

  • Interest earning token representing your share of the Y pool composed of DAI, USDT, USDC, and TUSD