Yield Protocol

Yield Protocol

Decentralized Lending Protocol
YO
YO
@YO
Followers30.26 K
Following--
Influence Index791

Related News

Fixed rate-focused Yield Protocol is the latest DeFi project to wind down
Blockworks 2023-10-04
Yield Protocol declares full recovery from Euler hack, awaits user token exchange
Cointelegraph 2023-06-28
Yield closes $10mm funding round led by Paradigm
Medium 2021-06-23

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About Yield Protocol

Founded

2020

Address

United States

Community

Tags

DeFi
Lending
Fixed Interest Rate Lending
Yield is building a decentralized lending protocol to bring fixed-term, fixed-rate lending to decentralized finance. To achieve its goals, Yield uses a class of tokens called fyTokens (fixed yield tokens). These fyTokens are Ethereum-based ERC-20 tokens that can be redeemed for an underlying asset one-to-one after a predetermined maturity date.

Team Members

Allan Niemerg
Allan NiemergFounder

Investors

ParadigmParadigm
Framework VenturesFramework Ventures
CMS HoldingsCMS Holdings
Alliance DAOAlliance DAO
Variant FundVariant Fund
Symbolic CapitalSymbolic Capital
Nexo VenturesNexo Ventures

Fundrasing details

Funding RoundAmountValuation
Date
Investors
Series A
$10.00M
--
2021-06-22
ParadigmParadigm*
Framework VenturesFramework Ventures
+ 5