Created on 16th May 2025
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YOLO Protocol can be understand as a projects that packs the functionalities of
MakerDAO, Synthetix and Gearbox in a single hook, deeply integrates with UniswapV4's vibrant ecosystem.
Before the project, users faced limitations in DeFi when attempting to:
Better utilize and unlock liquidity of Yield-Bearing Tokens (YBTs) – Traditional DeFi protocols underutilized the capital efficiency of YBTs, leaving potential yield on the table.
Track synthetic assets price like Gold, Gasoline, NVIDIA, JPY on-chain – There was no seamless way to mint and trade these synthetic assets in a decentralized manner
Synthetic assets lacked liquidity – Fragmented pools across various DEXes made it difficult to access deep liquidity for synthetic trading.
Execute high-leverage yield farming with low liquidation risk – Existing platforms struggled to provide secure high-leverage strategies without introducing significant liquidation risk.
Before achieving the current stage, the project faced several significant challenges:
Time constraint – As we join the hackathon late, development of the entire protocol architecture, including Uniswap V4 integrations and synthetic asset logic, was done within just 2 days
Understanding Uniswap V4 Pool Managers – Learning the intricacies of Uniswap V4's Pool Manager architecture and its interaction with hooks presented a challenging but rewarding learning experience
Replacing Uniswap V4 Math with Custom Hook Logic – Adapting the default Uniswap V4 math logic to implement custom swap behaviors and synthetic asset tracking required precise hook integration.
Tracks Applied (2)
Technologies used
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