Yearn.Finance founder Andre Cronje has released a new decentralized finance (DeFi) protocol called yCredit.

It allows users to deposit ERC-20 tokens and receive 99.5% worth of deposits as a credit line in the form of yCREDIT tokens. For instance, if a user deposits $100 worth of ETH, they will receive $99.5 worth of yCREDIT. If they burn $100 worth of yCREDIT, then they will receive their ETH back.

More info: https://bit.ly/3o3x9uy