Yield as a Service

Definition ∞ Yield as a Service describes a business model where a platform or protocol offers managed services to generate financial returns from digital assets on behalf of users. This service abstracts away the complexities of decentralized finance strategies, allowing participants to earn yield passively. It simplifies access to various earning opportunities. This model provides managed asset growth.
Context ∞ Yield as a Service platforms are gaining prominence as a way to onboard less experienced users into decentralized finance, providing simplified access to staking, lending, and liquidity provision. However, users must assess the security and transparency of these services. Delegation of asset management introduces new layers of trust and potential counterparty risk.