Building with

YEARN

Explained

I work in a company in the financial sector

Let's start simple before getting into Web 3.0, Blockchain and DAOs!

I work in a company in the financial sector, that uses the Blockchain

A Blockchain is a public record of transactions allowing the transfer of value in the digital space without middlemen.

I work in a company in the financial sector, that uses the Blockchain and Smart Contracts

A SmartContract is a program, or a set of rules, executed by the Blockchain. It is a piece of code that defines all the conditions for a transaction to be successfull, checks theses conditions and executes the transaction. This results recorded as state changes in the Blockchain, where it can be accessed by anyone.

I work in a company in the financial sector, that uses the Blockchain and Smart Contracts, using cryptocurrencies

A Cryptocurrency is simply a digital form of currency. Bitcoin and Ethereum are cryptocurrencies. It can be the representation of a fiat currency, some kind of equities or assets on their own.

I work in a company in the decentralized financial sector, that uses the Blockchain and Smart Contracts, using cryptocurrencies

The Decentralized Finance (DeFi) can be defined as a financial system without central entity controlling it all. It's permissionless, anyone can use it; trustless, you don't need to trust in anyone, and fully transparent.

I work in a DeFi company

Let's clean the sentence before the next part!

I work in a DeFi Decentralized Autonomous Organization (DAO)

A DAO is a new type of organisation not controlled by a single institution (government, central bank, board of directors), but by a group of people that have the same vision, and they contribute to the project.

It is not a company and thus, there are no regulations in place yet.

I work with a DeFi DAO

As I told you, it's NOT a company, and there are NO BOSSES. It's a group of people that distribute rewards based on their contribution to the project.

Therefore, you are not working in this DAO but with the DAO.

I build with a DeFi DAO

Rather than work, we use the term build. In an open-source ecosystem like Ethereum, you're looking to build connections between projects, new projects or new products. And that's often a passion. Do you even work when you love what you do?

I build with Yearn

Yearn Finance is a suite of products in Decentralized Finance (DeFi) that is designed to generate yield on smart contract platforms like Ethereum. The protocol is maintained by various independent contributors and is governed by YFI holders.