Yeti Has Arrived

What we do

Yeti Finance is a borrowing protocol built on Avalanche that allows users to borrow against their entire crypto portfolio: LPs tokens, staked assets, and base tokens.

Yeti Finance unlocks these previously un-collateralizable assets, which otherwise sit idle. Users can borrow while still earning staking rewards on their assets.

By borrowing against an entire portfolio at once, the risk of liquidation is minimized and users can comfortably borrow at lower collateral ratios.

Yeti Finance is a quantum leap forward in the stablecoin/lending landscape.

Stablecoin

When users borrow with Yeti Finance, they mint YUSD, a USD pegged stablecoin that is backed by deposited assets on Yeti at a minimum ratio of 1 YUSD to 1.1 USD in collateral. YUSD can be redeemed at 1:1 face value for the underlying collateral and has hard mechanisms to keep the price from going above $1.

Borrowers can use their borrowed YUSD to buy additional assets, hedge their position, or stake the YUSD in our stability pool for additional rewards.

Vision

Yeti Finance has a much bigger long-term vision. With borrowing, Yeti Finance will become a “liquidity black hole” as users drop in their entire portfolio of LP tokens, staked assets, and base level ERC-20 tokens.

A single protocol with access to a user’s entire portfolio will be able to offer the most optimal lending rates, netting services to minimize collateral requirements across financial instruments.

Learn more about Yeti:

Website: https://yetifinance.co/

Docs: https://docs.yetifinance.co/

Discord: https://discord.com/invite/yetifinance

Telegram: https://t.me/yetifinance