Yield Protocol
Decentralized Lending ProtocolYO
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Lending/borrowing protocolAbout Yield Protocol
Founded
2020
Address
United States
Community
Yield is building a decentralized lending protocol to bring fixed-term, fixed-rate lending to decentralized finance. To achieve its goals, Yield uses a class of tokens called fyTokens (fixed yield tokens). These fyTokens are Ethereum-based ERC-20 tokens that can be redeemed for an underlying asset one-to-one after a predetermined maturity date.
Team Members
Allan NiemergFounder
Investors
Fundrasing details
| Funding Round | Amount | Valuation | Date | Investors |
|---|---|---|---|---|
Series A | $10.00M | -- | 2021-06-22 | + 5 |