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Yield aggregators play a key role in the DeFi ecosystem by hooking into many different DeFi protocols for users in order to optimize yield. Yield aggregators work by having users stake tokens into their platform and allowing the platform to manage their assets for them. You can think of them as almost a robo advisor for DeFi.
These yield platforms have grown tremendously alongside the growth in DeFi, with over $20b in total value locked. On this episode of DeFi Decoded, Andrew and Alex dig into the yield aggregator boom and discuss how they’ve helped accelerate DeFi ecosystem growth.
