Hey @meta_cartel,
What is it?
The purpose of iearn.finance is very simple. Yield aggregator for lending platforms that rebalances for highest yield whenever the contract is interacted with.
Full documentation available docs.iearn.finance
The system currently supports;
- $DAI
- $USDC
- $USDT
- sUSD
- DAI-USDC (CurveFinance)
- wBTC
- $ETH
Upcoming support for $BAT, $KNC, $LINK, $MKR, $REP, $SNX, $ZRX.
The system current aggregates;
- Compound
- Fulcrum
- dYdX
- Aave
Busy integrating DDEX and LENDF, trying to do Nuo as well, but the APR is currently difficult to calculate.
Competitors?
Similar services in this space include staked RAY, idleDAI, topo (not yet launched), and metamarkets (not yet launched).
Why build it?
The system simplifies the user journey so that the #DeFi investor doesn’t have to worry about the underlying protocols, yield hunting or understanding complex #DeFi strategies.
It simplifies complex strategies like being an LP provider to UniswapExchange (via iETH) or depositing DAI into cDAI with swap from cDAI to cUSDC and into CurveFinance, a strategy example docs.iearn.finance
When comparing interest, it also considers LP opportunities with the underlying token protocol, so it won’t just compare fulcrum.trade’s iDAI with compound.finance’s cDAI, but also weigh up how much APR is possible by being an LP for ETH/cDAI and adjusts the cDAI performance based on this calculation.
What funding do I need?
This is a complete #OS, free, 0 fee system. I even encourage people to run their own versions or become a competitor. I just need help with getting audits done as currently it is proving quite expensive given the quotes I have received.
Anything else?
The system is built out of different mini components (heavily inspired by DeFi_Zap) that are usable and composable on-chain, such as APR aggregators, recommendation decision trees, or just interfaces. Full documentation registry and interfaces available docs.iearn.finance
Thank you for your consideration.
@AndreCronjeTech
