MakerDAO Approves Deployment of $100M USDC on DeFi Protocol Yearn Finance

MakerDAO Approves Deployment of $100M USDC on DeFi Protocol Yearn Finance


The move may also boost Yearn’s dwindling user activity. The protocol’s total value locked (TVL), a popular indicator to show the worth of assets deployed on a DeFi protocol, recently dropped to $442 million from an all-time high of $6.9 billion in December 2021, according to data by DefiLlama.

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