We are excited to announce the close of a $10mm Series A funding round led by Paradigm. This round is a continuation of a deep partnership with the Paradigm team that began with their seed investment and incubation of Yield. …
MakerDao is an incredible platform for borrowing, and the supply of Dai has exploded as users have adopted it. However, all borrowing in Maker is done at floating rates, and managing the risk of rising interest rates has been challenging. …
To make upgrading our user experience easier, today the Yield App will begin using a new proxy. A proxy is a contract that receives all user actions and redirects them to the latest deployed contract logic. …
We are proud to announce the beta launch of the Yield Protocol on the Ethereum mainnet.
As detailed in our whitepaper and announcement post, Yield Protocol brings fixed-term, fixed-rate lending and interest rate markets to decentralized finance. …
(This article was originally published as “Introducing yDai.” See the Prefix Change section for further detail.)
The goal of the Yield Protocol is to bring fixed-term, fixed-rate lending and interest rate markets to decentralized finance using a new kind of token we call “fyTokens.” (You can read our whitepaper on…
