Yearn Products
yVaults
Yearn Vaults (aka yVaults) are capital pools that automatically generate yield based on opportunities present in the market. Vaults benefit users by socializing gas costs, automating the yield generation and rebalancing process, and automatically shifting capital as opportunities arise. End users do not need to have extensive knowledge of the underlying DeFi protocols and can use the vaults as passive-investing strategies.
yLockers
yLockers are yVault products built to get the most out of DeFi protocol governance tokens based on Curve's Vote Escrow mechanics. Lock your tokens and get extra yield, but beware; They are in there to stay and can only be traded on decentralized exchanges.
yPools
yPools are user-governed liquidity pools of different crypto-assets. They are risk adjusted baskets of community chosen derivatives of the base asset that earn yield from those underlying derivatives. The first yPool is yETH, which is a collection of different liquid staked version of ETH.