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What is Yield Yak?
# What is Yield Yak? ## Autocompounder Yield Yak is an easy-to-use tool to earn more yield from defi farming on the Avalanche network. ## Community-driven Yield Yak is a community-driven project. Our community has built and maintained the best, cheapest and most diverse autocompounder on the market. ## Self-sustaining Yield Yak is largely self-sustaining. Our community compounds rewards, suggests new strategies, proposes key configuration updates and contributes to development. Yield Yak farms can run forever, without the team's involvement. # How does Yield Yak work? Yield Yak auto-compounds yield farm rewards. * Each farm is a pool of deposits from Yield Yak users * Farms earn reward tokens (like $PNG) * Farms reinvest all rewards, compounding everyone's deposits All depositors benefit from the very high frequency of Yield Yak compounding.
Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.
