XYield
CDP Yield Optimiser for Lending protocols
The problem XYield solves
Users lending on different lending protocols struggle to take most out of the market movements due to idle collateral along with the huge learning curve and efforts involved in optimising their troves/pools. XYield aims to solve the same problems by automating the CDP Yield Optimisation even with basic financial knowledge. Our strategy involves a simplified tap-in sequence followed by a buy-back sequence for the collateral.
Read more about the strategy here: https://github.com/XYield-Protocol/XYield/blob/main/README.md
Challenges we ran into
Axios requests were getting aborted due to conflicts with trove handler. Then we noticed that it was due to the way we were handling the Axios request in the onSubmit function.
Tracks Applied (5)
DeFi
Anon Aadhar
Ethereum Support Program
Core Dao - General
Core DAO
Avail-powered Rollup
Avail Project
Polygon Cardona
Polygon
Technologies used
Cheer Project
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