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Omni-FI

Omni-FI

Cross-Chain RWA Vault Powered by Chainlink

Created on 26th June 2025

Omni-FI

Omni-FI

Cross-Chain RWA Vault Powered by Chainlink

The problem Omni-FI solves

OmniFi — Automated Cross-Chain RWA Vault

Built for the Chainlink Chromion 2025 Hackathon


I. Overview

OmniFi is a cross-chain, automated vault protocol that brings real-world assets (RWAs) such as carbon credits into the decentralized finance (DeFi) ecosystem. It uses Chainlink services to enable:

  • Real-time valuation through price feeds
  • Risk-aware rebalancing using automation
  • Secure cross-chain transfers through a mint-and-burn coordination process powered by Chainlink Functions

II. Key Features

  • RWA Tokenization:
    Users can mint dynamic ERC-20 tokens representing RWAs like carbon credits directly on Avalanche Fuji.

  • Live Price Valuation:
    Chainlink Data Feeds fetch up-to-date ETH/USD prices to value deposits accurately.

  • Volatility-Aware Automation:
    A custom volatility index monitors market shifts. If it exceeds a 5% threshold, Chainlink Automation triggers vault rebalancing.

  • Cross-Chain Transfers:
    Manual transfers are handled via a secure mint-and-burn mechanism. Execution is coordinated using Chainlink Functions.


III. Chainlink Services Used

  • Chainlink Data Feeds
    Used for real-time ETH/USD pricing to ensure accurate RWA token valuation.

  • Chainlink Automation
    Automatically rebalances vaults across chains if volatility exceeds 5%.

  • Chainlink Functions
    Coordinates mint-and-burn logic for safe manual transfers across chains.

  • Simulated CCIP Functionality
    Due to technical limitations (CCIP requiring verified tokens), we used Chainlink Functions to simulate cross-chain execution logic securely.


IV. Architecture Flow

  • Users connect MetaMask and mint RWA-backed ERC-20 tokens on Avalanche Fuji.
  • Vaults use Chainlink Data Feeds to track asset value.
  • A custom volatility index is continuously monitored.
  • If volatility exceeds 5%, Chainlink Automation rebalances assets across chains.
  • Manual transfers burn tokens on one chain and mint on another, triggered through Chainlink Functions.
  • Yield-aware routing and logic handled onchain.

View Architecture Diagram


V. Tech Stack

  • Frontend: Next.js, Tailwind CSS
  • Smart Contracts: Solidity (ERC-20)
  • Vault Engine: Chainlink Automation
  • Cross-Chain Logic: Chainlink Functions
  • Price Feeds: Chainlink Data Feeds (ETH/USD)
  • Supported Chains: Avalanche Fuji, Base Sepolia
  • Wallet Integration: MetaMask
  • Blockchain Explorer: Snowtrace

VI. Smart Contracts

Smart Contracts Overview

Vault.sol

  • View Vault.sol
  • Chainlink Integration: Automation, Data Feeds
  • Description: Handles deposits, tracks ETH/USD prices using Chainlink Data Feeds, and automates rebalancing if volatility exceeds 5%.

TransferCoordinator.sol

  • View TransferCoordinator.sol
  • Chainlink Integration: Functions
  • Description: Uses Chainlink Functions to fetch external yield data (via off-chain JavaScript) and coordinates secure cross-chain transfers.

Chainlink Data Feeds —

Vault.sol

  • import "@chainlink/contracts/src/v0.8/shared/interfaces/AggregatorV3Interface.sol";

  • Uses

    AggregatorV3Interface

    for

    priceFeed

    .
  • getLatestPrice()

    fetches

    latestRoundData()

    .
  • Dynamically adjusts deposit limits and calculates volatility.

Chainlink Automation —

Vault.sol

  • import "@chainlink/contracts/src/v0.8/automation/AutomationCompatible.sol";

  • Implements

    AutomationCompatibleInterface

    .
  • checkUpkeep()

    monitors conditions.
  • performUpkeep()

    executes automated rebalancing.

Chainlink Functions —

TransferCoordinator.sol

  • import "@chainlink/contracts/src/v0.8/functions/v1_0_0/FunctionsClient.sol";

  • import "@chainlink/contracts/src/v0.8/functions/v1_0_0/libraries/FunctionsRequest.sol";

  • Extends `FunctionsCli

VII. Resources


VIII. Built By

  • Chris Nikhil@chrsnikhil
  • Aditya@alienworld1
  • UX & Testing — Team OmniFi
  • Project submitted for Chainlink Chromion 2025 Hackathon

Tagline

Tokenize. Rebalance. Transfer.
OmniFi brings real-world assets onchain with intelligent, automated cross-chain execution.

Challenges we ran into

Challenges I Ran Into

One of the core challenges we encountered was implementing seamless cross-chain token transfers while dealing with the constraints of verified tokens. Chainlink CCIP, while powerful, requires token contracts to be pre-verified, which posed a limitation for our architecture — OmniFi mints custom ERC-20 tokens dynamically based on user-submitted asset metadata (e.g., carbon credits).

Since token verification isn’t feasible for on-the-fly minting, we architected an alternative solution: using Chainlink Functions to coordinate mint-and-burn operations across chains. This allowed us to maintain secure, verifiable token state transitions without needing native CCIP integration — all while preserving flexibility for dynamic asset generation.

Designing and testing this orchestration layer to mimic CCIP-like behavior using Chainlink Functions took careful planning and debugging. In the end, this workaround allowed us to retain the cross-chain guarantees we envisioned without compromising technical feasibility or security.

Tracks Applied (3)

Onchain Finance

Why OmniFi Belongs in the Onchain Finance Track OmniFi is a cross-chain RWA vault that brings real-world assets like ca...Read More

Cross-Chain Solutions

How OmniFi Fits the Cross-Chain Track OmniFi was designed from the ground up to operate as a cross-chain financial appl...Read More

Avalanche Track

Why OmniFi is Eligible for the Avalanche Track OmniFi qualifies for the Avalanche Track because it is deployed on the A...Read More
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