chi finance

Chi Finance is a protocol within the Decentralized Finance (DeFi) ecosystem, originally developed by the team behind yearn.finance. Its primary function is to serve as a cornerstone for decentralized financial instruments by allowing users, known as liquidity providers, to deposit their crypto assets (like Wrapped Ether) into smart contracts. In return, the protocol generates yield for these providers. It operates non-custodially and permissionlessly, meaning users maintain control of their funds and can interact with the protocol directly without intermediaries.