Comparison:
Yield Protocol
(Inactive)
Decentralized Lending Protocol
Details
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.
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