Anyone keeping an eye on the decentralized finance sector will know DeFi's popularity is still growing. However, the premise of Pickle Finance was that Pickle Finance’s founders noticed that farming yield hasn't gotten any easier. They saw lots of protocols offering generous returns but found it difficult to assess which ones were sustainable and trustworthy. With all the fly-by-night “exit scams”, “rug pulls”, and straight-up hacks, they knew it was hard for newcomers to figure out which platforms they could trust.
Yearn Finance is a decentralized finance (DeFi) network that offers a suite of different products for insurance, lending aggregation, and yield generation. If you’ve kept an eye on Yearn Finance in the past few weeks, you’ll know that they are in the midst of a merger mania with other DeFi protocols. Yearn Finance’s most notable offering is Yearn Vaults, a yield generation product. Yearn Vaults are robots that automatically move users' funds around to find the best yield farming opportunities in the DeFi marketplace. Each vault has a strategy and a controller responsible for executing it as planned.