YearnCRV is my 401k rn ser @curvefi

Asked 1048 days ago
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YearnCRV is my 401k rn ser

asked 1048 days ago

1 Answers

Answer: Unfortunately, YearnCRV is not a 401k retirement plan. YearnCRV is an automated yield farming platform that allows users to earn rewards by providing liquidity to the Curve platform. The rewards earned depend on the amount of liquidity provided and the amount of CRV tokens held. The real APY (annual percentage yield) of YearnCRV is difficult to determine, as it is constantly changing due to the volatility of the crypto markets. It is important to understand the risks associated with yield farming before investing in YearnCRV, as there is the potential for significant losses as well as gains.
answered 1048 days ago
0
The problem in yearn is to understand the real apy... For me, remains a mistery. 😔
answered 1048 days ago

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