Yeti Finance is a decentralized lending protocol built on the Avalanche blockchain, enabling users to borrow against a diverse portfolio of assets, including liquidity provider tokens, staked assets like sJOE and sAVAX, and yield-bearing stablecoins, all consolidated into a single debt position. Users can borrow YUSD, an over-collateralized stablecoin, which maintains its $1 peg through mechanisms like redemption for underlying collateral and a minimum collateral ratio of 110%.