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What is a Yearn Finance Vault?

Last updated on May 5, 2022

Yearn Finance Vaults are pools of funds that run automated strategies to maximize returns on the assets in the vaults by shifting capital, auto-compounding, rebalancing, collecting trading fees, and socializing gas costs.

This makes advanced strategies and farming accessible to the masses. In Steakwallet, it is just as easy to stake your tokens. Steakwallet supports Yearn Vaults on Ethereum and Yearn Beta Vaults on Fantom, allowing users to put their assets to work without having to pay the higher gas fees on Ethereum.

Learn more about Yearn Finance Vaults and how to take advantage of yield opportunities via Steakwallet.

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