Leading DeFi protocol Yearn Finance has been launched on Ethereum second-layer platform Arbitrum.
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Yearn Finance, which provides services such as yield farming and lending, has been launched on the Ethereum second layer platform Arbitrum. Arbitrum, the largest Ethereum second-tier solution with around $3 billion in total locked value, offers fees up to 10x lower than Ethereum.
The news was also announced on Arbitrum’s official Twitter account:
https://twitter.com/arbitrum/status/1496613339325030401
Ethereum second-layer solutions have gained momentum in recent months with the announcement of the integration of leading crypto-asset trading platforms Binance and FTX.
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