Yearn.finance is releasing “yETH”: here’s why Ethereum could continue gaining
Yearn.finance’s yETH vault took in $140 million in ETH over 48 hours, signalling that automated investing may be the next DeFi frontier.
Decentralised Finance has certainly raised Ether’s value which has been slightly reflected in its price. The need to own ETH to operate in DeFi and the need to own ETH to pay for network fees have all been contributing factors for sure. But what if we told you, this is not the most bullish thing?