The move may also boost Yearnโs dwindling user activity. The protocolโs total value locked, a popular indicator to show the worth of assets deployed on a DeFi protocol, has dropped to $442 million from an all-time high of $6.9 billion in December 2021, according to data from DefiLlama.
MakerDAO Approves Deployment of $100M USDC on DeFi Protocol Yearn Finance
