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 introduces "Tokenized Strategies"; Strategies that are 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 Vaults.
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:
dApp:
Guides