Inspiration
There are countless ways to allocate liquidity in DeFi. However, extracting the profit from capital requires 24/7 monitoring and it’s over the top for the ordinary user to handle.
What it does
Our Protocol can reallocate liquidity between multiple lending pools to achieve the best possible APY while also ensuring the funds remain secured.
How we built it
Smart contracts are written in Solidity from scratch and tested with Foundry Framework. The frontend has been forked from existent money market protocol Hundred Finance, they gave us permission to use it after we kindly asked in their Discord. Web app is hosted via github pages.
Challenges we ran into
It's really hard to understand all the details of how the lending protocols work, but we figured it out to cover the APY optimization part.
Accomplishments that we're proud of
We proud that we achieved the best lending APY for users.
What we learned
Lending protocols deployed on Fantom in a nutshell Fantom consensus model, how transactions are ordered in blocks
What's next for Yieldebaran
We plan to deploy Efficiently Rebalancing Pools for other assets and integrate more protocols.
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