Yearn Finance has gone live on the largest Ethereum layer 2 platform – Arbitrium.
Arbitrium is the largest Ethereum layer 2 blockchain, with about $3 billion in total value locked. It also has much lower fees, up to 10 times lower than Ethereum’s, the companyMoreover, popular crypto exchanges Binance and FTX support ETH deposits and withdrawals for Arbitrium. Yearn will launch on Arbitrium with a single vault, Curve’s triCrypto, which will hold wrapped Bitcoin, Ethereum, and Tether.allows users to provide the much-needed liquidity for a percentage return on their money. To farmers, the process gives them access to a relatively safe income stream. To traders, yield farming provides the liquidity they need to make the trades.
This is just shows Arbitrum L2 is getting really adopted and I hope this continues because the network is favorable to everyone, don't forget ArbswapOfficial AMM and DeFi protocol will also be launching on the network 🔥🔥 Crypto
Great news for L2 users
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