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Representatives of the decentralized finance (DeFi) protocol Yearn Finance announced the conclusion of a partnership agreement with Tenderly. This platform for developers will provide tools for monitoring and debugging, as well as help in creating growing startups.
Yearn Finance said the collaboration will help expand the scope of the project. Within its framework, companies will develop the DeFi sector. It was stated that firms will try to empower users to generate revenue.
These organizations have already cooperated before and have now decided to sign a full-fledged agreement on joint work. The product offered by Tenderly will perform the functions of monitoring, infrastructure debugging, notification of possible problems and data analysis. Thanks to this, the level of reliability and security of Yearn Finance will increase significantly.
Yearn Finance management emphasized that this agreement is an important stage in the development of their own platform. At the moment, the popularity of DeFi protocols has reached a high level and customers need new solutions. The developers of the two firms will try to combine their experience to create and implement new tools.
Tenderly said that for them, this partnership with a major protocol is an important milestone in the evolution of the company. The creators of decentralized solutions have set themselves the goal of generating new tools.
They are designed to address current issues that Yearn Finance could potentially face as it grows and scales its own business.
Crypto.ru previously reported that Yearn Finance developer Andre Cronje said allegations of security issues related to his new DeFi project Solidly are unfounded.
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