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  • Introduction to Yearn
  • FAQ
  • DeFi Glossary
  • How-To Guides
    • How to Mint yUSD
    • How to Add a Custom Token to MetaMask
    • How To Participate in a yVault
    • How To Understand yVault ROI
    • How to Understand CRV Vote Locking
    • How To Make a YIP
  • Governance
  • YFI and yTokens
  • yUSD
  • Products
    • yVaults
    • Earn
    • Zap
    • yInsure
  • R&D
    • yBorrow
    • yLiquidate
    • ySwap
    • yTrade
    • Delegated Funding DAO Vaults
    • StableCredit
  • Developers
    • Naming Conventions
    • Deployed Contracts Registry
    • Code Repositories
    • Integration Guide
    • yVaults Documentation
      • Vaults Overview
      • Vault Interfaces
    • Misc Resources
      • YIP Boilerplate
      • Admin Access Policy
      • Smart Contract API
        • APR
        • iToken
        • Zap
      • Smart Contract Integration
        • 1split
        • aave
        • apr
        • aprmap
        • aprmapwithpool
        • aprwithpool
        • compound
        • curvefi
        • dydx
        • fulcrum
        • imanage
        • interface
        • itoken
        • uniswap
        • uniswapapr
        • uniswaproi
        • ybtc
        • ybusd
        • ycrv
        • ydai
        • ysusd
        • ytusd
        • yusdc
        • yusdt
        • zap
  • Additional Resources
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On this page
  • YFI
  • yTokens
  • yUSD
  • yCRV

YFI and yTokens

PreviousGovernanceNextyUSD

Last updated 4 years ago

YFI

  • Yearn Governance token

  • Only 30,000 minted and already fully distributed

    • Governance can mint more, if proposal to do so passes.

yTokens

.

YTokens are like a deposit receipt. They represent the liquidity provided in a Yearn product.

For example, if you deposit DAI in y.curve.fi you will receive yDAI in return.

If the product you are providing liquidity to generates profit, your yTokens will increase in value, since they represent a share of that pool. That's why you might observe a price growth. When you withdraw liquidity from the pool, your yToken will be burned.

yTokens are , meaning they can be transfered and traded as any other common Ethereum token.

yUSD

  • See our for detailed info

  • LP token for yearn's yCRV yVault

  • aka yyCRV or yyDAI+yUSDC+yUSDT+yTUSD

  • When you deposit yCRV into the yVault you receive yUSD**** LP tokens

  • earns interest via yCRV, fees and yield farming rewards via the vault strategy

yCRV

  • LP token for yearn's Y pool at Curve.fi/y

  • Aka yDAI+yUSDC+yUSDT+yTUSD

  • Interest earning token representing your share of the Y pool composed of DAI, USDT, USDC, and TUSD

Glossary definition
ERC20
doc on yUSD