diff --git a/pages/vaults/about.tsx b/pages/vaults/about.tsx index e5e89d5f6..01f51f501 100755 --- a/pages/vaults/about.tsx +++ b/pages/vaults/about.tsx @@ -8,66 +8,76 @@ import type {ReactElement} from 'react'; function About(): ReactElement { return (
+ {/* Yearn? DeFi? I think I'm lost… */}
-

{'Wtf is a Vault?'}

+

{"Yearn? DeFi? I think I'm lost…"}

-
+

{ - 'In ‘traditional finance’ (boo, hiss) you can earn yield on your savings by depositing them in a bank - who use the capital for loans and other productive money growing means.' + "Searching for 'words that rhyme with turn' and accidentally ended up here? Welcome! You're at the frontier of Decentralised Finance - a new type of financial system built on blockchains and designed to give users better access, transparency and control of their assets." }

{ - 'Yearn Vaults are like crypto savings accounts floating in cyberspace. You deposit your assets, and Yearn puts them to work within the DeFi ecosystem, returning the earned yield back to you.' + 'DeFi offers many opportunities to put your digital assets to work, and earn yield in return - and Yearn was designed to automate this process for you. Less sharp suits and slicked back hair, more cyberspace yield ninjas wielding razor sharp battle tested code katanas.' }

{ - 'However, unlike a bank account - none of this takes place behind closed doors (no offence to doors). Decentralised Finance uses public blockchains, meaning you are in control of your assets and can see where they are at all times. Nothing is hidden and everything is auditable by anyone, at any time.' + "We can't offer you a phone number with ambient jazz hold music to listen to - but please feel free to hop into our " } + + {'discord'} + + {" if you have any questions, we'd love to chat."}

+ {/* Wtf is a Vault? */}
-

{'Risk Score'}

+

{'Wtf is a Vault?'}

-
+

{ - 'In order to give users the best risk-adjusted yields in DeFi, Yearn uses a comprehensive risk assessment framework for each strategy within a Vault. This framework combines to give each Vault a holistic Risk Score.' + "In 'traditional finance' (boo, hiss) you can earn yield on your savings by depositing them in a bank - who use the capital for loans and other productive money growing means." }

{ - 'Strategies are assessed against eight different factors; Audit, Code Review, Complexity, Longevity, Protocol Safety, Team Knowledge, Testing Score, TVL Impact. Since Vaults use multiple strategies, riskier strategies can be paired with more conservative ones to ensure the Vault has a robust and balanced Risk Score.' + "Yearn Vaults are like crypto allocators in cyberspace. You deposit your assets, and Yearn's smart contracts put them to work within the DeFi ecosystem, returning the earned yield back to you." }

-

- {'For a full breakdown read more about our '} - - {'Risk Scores'} - - {'.'} +

+ { + 'However, unlike a bank account - none of this takes place behind closed doors (no offence to doors). Decentralised Finance uses public blockchains, meaning you are in control of your assets and can see where they are at all times. Nothing is hidden and everything is auditable by anyone, at any time.' + } +

+

+ { + 'With the advent of v3, Vaults can now be made out of a single strategy for your assets, or a collection of multiple strategies which balance your funds between them. Users now have more control over where they want their funds to go and a wider range of risk appetites. Go you!' + }

+ {/* Fees */}
{ - 'Yearn vaults never have a deposit or withdrawal fee (yay), and most have no management fee and a mere 10% performance fee. Because we use smart contracts (rather than human money managers with expensive designer drug habits) we’re able to be highly capital efficient and pass almost all earned yield on to you.' - } - -

-
-
- -
-
-

{'APY'}

-
-
-

- - { - 'Vaults display a Net APY (or Annual Percentage Yield), which is the average APY of the past month’s harvest. For more detailed information on how APYs are calculated, visit our docs.' + "Yearn vaults never have a deposit or withdrawal fee (yay). With Yearn v3, it's up to the strategist(s) who code the strategy to set the performance and management fee, so make sure you check the fees on the Vault you want to deposit into. Butterfly guy, is this due dilligence?" }

+ {/* Risk Score */}
-

{'Yearn? DeFi? I think I’m lost…'}

+

{'Risk Score'}

-
+

{ - 'Searching for ‘words that rhyme with turn’ and accidentally ended up here? Welcome! You’re at the frontier of Decentralised Finance - a new type of financial system built on blockchains and designed to give users better access, transparency and control of their assets.' + 'In order to give users the best risk-adjusted yields in DeFi, Yearn uses a comprehensive risk assessment framework for each strategy within a Vault. This framework combines to give each Vault a holistic Risk Score.' }

{ - 'DeFi offers many opportunities to put your digital assets to work, and earn yield in return - and Yearn was designed to automate this process for you. Less sharp suits and slicked back hair, more cyberspace yield ninjas wielding razor sharp battle tested code katanas.' + 'Strategies are assessed against eight different factors; Audit, Code Review, Complexity, Longevity, Protocol Safety, Team Knowledge, Testing Score, TVL Impact. Since Vaults use multiple strategies, riskier strategies can be paired with more conservative ones to ensure the Vault has a robust and balanced Risk Score.' }

-

+

{ - 'We can’t offer you a phone number with ambient jazz hold music to listen to - but please feel free to hop into our ' + 'One significant advancement in v3 is that the protocol allows for riskier strategies and Vaults to be created for users with a higher risk appetite. Make sure to bear this in mind when depositing into those riskier Vaults' } +

+

+ {'For a full breakdown read more about our '} - {'discord'} + {'Risk Scores'} - {' if you have any questions, we’d love to chat.'} + {'.'}

+ {/* APY */} +
+
+

{'APY'}

+
+
+

+ + { + "Vaults display a Net APY (or Annual Percentage Yield), which is the average APY of the past month's harvest. For more detailed information on how APYs are calculated, visit our docs." + } + +

+
+
+
);