Yearn launches its first Ethereum layer-2 service on Arbitrum

Yearn, the seventh-largest DeFi application on Ethereum by Total Value Locked (TVL), has launched its service on the Arbitrum Ethereum Layer-2 network. Four months ago, Yearn took its first steps outside of the Ethereum base chain when Yearn added support for the Fantom Layer-1 blockchain. By a tweet from Yearn’s Twitter account, the veteran DeFi…