Yield Aggregators playing a key role in the yield farming economy by leveraging different DeFi protocols and strategies to maximize user profits. The yield farming process usually requires you to lock up or stake funds, providing variable or fixed ROI in return.
What is the difference between a yield aggregator and a Defi platform?
As investors are out there chasing higher rates and lower fees, DeFi platforms want to deliver with more rewards and better staking incentives. While most yield aggregators function almost identically, the biggest differences between them are the blockchains they support and the DeFi protocols they utilize.
What are the best APY aggregators on Ethereum?
Each DeFi aggregator employs a different combination of yield optimization tactics which results in varying APY rates for staking the same asset on different platforms. Yearn Finance is one of the top yield aggregator platforms on Ethereum that's also deployed on Fantom and Arbitrum.
