Yield-Catalyst

Yield-Catalyst

We're adding a functionality to existing Collateral based protocols to take advantage of the staked collateral, when the collateral increases in price, with an aim of keeping the collateral intact.

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Built at ETHIndia 2023
Yield-Catalyst

Yield-Catalyst

We're adding a functionality to existing Collateral based protocols to take advantage of the staked collateral, when the collateral increases in price, with an aim of keeping the collateral intact.

The problem Yield-Catalyst solves

Generally, the collateral appreciation is not tapped into by collateral asset based protocols, so here we have created a mechanism to tap into the increase in collateral prices.

Challenges we ran into

Integration with Dexes to convert the collateral into stable asset at real time and true value.

Technologies used

Cheer Project

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Discussion