October 19, 2020 Yield Protocol goes live on Ethereum.

DeFi lending project Yield Protocol has launched on the Ethereum mainnet, according to an announcement by the project’s founder made via blog post today. Yield Protocol intends to facilitate fixed-rate lending through using its native ERV-20 asset, fyDai, or fixed-yield Dai. The project is backed by Paradigm, among other prominent cryptoasset investment firms.