Looking for the best yield in DeFi? To maximize returns, your assets shouldn’t be restricted to a single network. YO’s multichain vaults solve this by enabling deposits across several chains and automatically allocating capital to top-performing yield opportunities across multiple blockchain ecosystems. Read on to learn about which chains you can use for deposits and the ones our vaults source yield from. 

Multichain Direct Deposit

Direct deposits on YO are simply assets that can flow straight into a yoVault and don’t require any cross-chain actions such as bridging or swapping. We built our yoVaults with multichain direct deposit functionality so you can earn yield seamlessly, no matter your preferred network. The chart below shows which chains you can use to make deposits.

With five chains, yoUSD is currently our most expansive vault for deposits.

Deposits via Enso

In addition to multichain direct deposits, you can deposit assets from additional networks, including Avalanche, Gnosis, and OP Mainnet, through our integration with Enso. The chart below shows both direct deposit chains and chains available via Enso.

With Enso, your assets will be bridged automatically. It’s important to note that you won’t receive your original asset back after routing through Enso. There will be a note that indicates which asset you will receive and the chain it will be on.

Below is an example of what that note looks like.

Withdrawing Your Assets

For withdrawals, you can use the same chains as direct deposits. Importantly, you can only withdraw assets from the same chain that you used to deposit. For example, if you deposited into yoUSD using Katana, then you must withdraw using Katana as well.

Multichain Yield Opportunities

As part of our strategy to deliver the best yield, yoVaults allocate to yield opportunities across multiple networks. This diversifies the vaults, reducing risk and volatility while allowing higher yield optimization. Manually executing the strategies in yoVaults is nearly impossible for most and would require countless hours of research, calculations, moving assets, and rebalancing. With yoVaults, you simply deposit and earn, while YO does all the hard work for you.

The Yield Engine for All of DeFi

The yield engine is fired up with no signs of slowing down. Whether it’s integrating new deposit chains or building new vaults, YO continues to bring you new opportunities to earn. Keep an eye on our socials as new chains and vaults are on the way.

Ready to earn? Deposit at app.yo.xyz