What is YieldFi yToken?

yUSD is YieldFi's flagship yield-bearing stablecoin, designed to provide DeFi users with stable, dollar-pegged returns without exposure to volatile crypto assets, offering a predictable income stream through a diversified portfolio of market-neutral yield strategies. Built on the Ethereum Mainnet and deployed on Layer 2 networks like Base and Arbitrum, yUSD adheres to the ERC4626 standard with a yield-vesting mechanism that ensures smooth, predictable value accrual by distributing profits over a 24-hour vesting period, preventing price volatility and yield sniping. yUSD allocates funds across blue-chip DeFi protocols such as Pendle, Aave, Morpho, Silo, Midas, and Ethena to generate 10-20% APY, with strategies like zero-coupon bond purchases and private credit vaults.

YieldFi is a multi-chain yield aggregator that provides high yields on stablecoins with minimal risk. The platform allows users to earn yields with a drawdown of less than 1% and no lockup periods, making it attractive to investors seeking liquidity and stability. YieldFi emphasizes that yUSD holders can earn the highest yields on decentralized finance (DeFi) and centralized finance (CeFi) platforms.