What is yEarn and YFI?

yEarn.Finance is all the rage in the DeFi space. It's a yield-farming platform that automatically navigates other DeFi platforms to maximize returns for the user, and YFI is the $33,000 governance token of the platform.

Paul Puey (Edge CEO) and I dive into the history, tech, & what's next for YFI and the yEarn.Finance platform

2:35 yEarn.finance discussion begins

We also put our money where our mouths are: we each decide whether to invest $100. This is not investment advice, we're just giving you a peek into our own portfolios and how we make decisions for ourselves. Keep in mind, I'm more interested in the team, the tech, and whether it's a cool project than in short term gains.

If you'd like a more in depth look at YFI, this week I did a members-only interview with Andre Cronje, the mastermind behind yEarn.
Watch the interview here: Naomibrockwell.com/memberships

To have your question answered on the show, send a message to https://cointr.ee/naomibrockwell

Huge thank you to all the supporters who keep this channel running!

Also available on LBRY:
https://open.lbry.com/@NaomiBrockwell:4/YFI-and-yEarn.Finance-explained!:4?r=B7pbEPVHBbU72SpiDGGhdBF1jF6cgHcq

Here are a bunch of books that have inspired me, and products I used to protect my privacy. Some of these links are affiliate links and if you decide to buy products through them I earn a tiny commission. It costs you nothing but helps support the channel and future videos!

Recommended Books:

Permanent Record - Edward Snowden
https://amzn.to/305negc

What has the government done to our money - Rothbard
https://amzn.to/2KMzmcu

Naomi's Privacy Bag: some of my favorite products to help protect your privacy!

Use the Brave browser! https://brave.com/nao076

USB-C to ethernet adapter:
https://amzn.to/2lOVBoy

Lightening to ethernet adapter:
https://amzn.to/2nWyNns

Faraday bag wallet (signal stopping, to protect your fob, credit card, and phone)
https://amzn.to/2SUkPhu

Data Blocker (if you're charging your phone in an unknown port, use this so that no data is transferred)
https://amzn.to/2SVh0J2

Computer privacy screen (use your computer in public? Keep your information safe!)
https://amzn.to/2SXYHmf

Phone privacy screen (don't let people in public see your private data)
https://amzn.to/2YyJMnH

Camera cover (for computers and phones, so no one can access your camera without you knowing)
https://amzn.to/2Mt7Hic

Privacy Tip: Don't use wifi, and if you must, append the tag ‘_nomap’ or ‘_optout’ to your SSID to stop other websites tracking your location.