yVaults V3
Overview
V3 Vaults are the newest, shiniest yVaults. More flexibility, better security, more Yearn goodness!
Yearn's v3 yVaults are a decentralized suite of yield-generating products built to fit any need. They are designed to be un-opinionated and customizable infrastructure for the world to build on, making yield generation as safe, efficient, and easy as possible for all parties.
Version 3 of yVaults iterates on Version 2 by increasing its robustness and developing Yearn’s path towards further decentralization, while keeping the same proven product (yield-bearing tokens). Version 3 has all the same functionality as Version 2, but with many more added benefits and improvements to continue to grow the Yearn ecosystem.
V3 also sees the introduction of "Tokenized Strategies". Strategies are now capable of being standalone 4626 vaults themselves. These single-strategy vaults can be used as stand-alone vaults or easily added as a strategy to a Multi-Strategy Vault.
v3 yVault Improvements
Version 3 of yVaults improves on Version 2 by:
- Increasing vault modularity, allowing for smaller and safer pieces of code.
- Simplifying strategy creation, empowering strategists and reducing the chance for errors.
- Providing additional strategy functionality by implementing the Tokenized Strategy.
- Adopting ERC-4626 compatibility for easy integrations.
- Decreasing gas costs to report profits and update debts.
- Adding new product and vault types.
Read More
V3 developer docs: https://docs.yearn.fi/developers/v3/overview
dApp: https://yearn.fi/v3
Guides V3 Interface Guide