Solution

We can build an AMM and LP pool arragrator giving users a clear and simple unified overview of the best way to provide liquidity and earn yields. We can then build automated cross-chain DeFi strategies; maximizing yields and minimizing risks for everyone. optimizing yields across various DeFi assets, removing complexity, and enhancing both security and returns. Think of Yield Dog as an on-chain wealth manager that is supercharged and open to everyone.

To limit the scope and build a POC we will focus on getting the highest yield on your ETH asset. We can do this by buying LSDs and then using these LSDs to provide liquidity in the most efficient way.

Yield Dog is fetching the highest yield on Ethereum!

Do you want to earn an extra Yield on ETH? Yield Dog fetches the highest ETH yields by simply letting you deposit your ETH and giving you diverse exposure to the best LSDs in the market. To reduce complexity and risks we will do this by offering a currated list of LP pools zapping the user's ETH into these pools and rebalancing between the pools with our own special AMM curve. You could see this as a pool of pools this design enables us to create an oracle-free and novel design in a non-custodial and fully decentralized manner.

By designing YieldDog in a way where we use a pool of pools architecture instead of a vault architecture we decrease complexity and increase the expression of what we can do. For this POC Yield Dog creates a pool of pools called MaxETH that is wrapping around Balancer and Curve.

MaxETH: Composable Stable Pool: https://app.balancer.fi/#/ethereum/pool/0x42ed016f826165c2e5976fe5bc3df540c5ad0af700000000000000000000058b

TryLSD on Curve: https://curve.fi/#/ethereum/pools/factory-tricrypto-14/deposit

Underlying assets of the pools: Strategy 1.1: rETH https://etherscan.io/token/0xae78736cd615f374d3085123a210448e74fc6393

Strategy 1.2: wsETH

Strategy 1.3: sfraxETH

Ideas:

We want to empower stakers with greater control over their assets and the ability to tap into emerging opportunities within the Ethereum ecosystem.

The user can decide if he wants ... Give options to users:

  • Full Decentralization (Promote security and decentralization)

  • MaxYield (Maximize yields on your ETH and enable restaking)

  • MaxSecurity (Maximize overall security)

  • ...

Projects to look into:

https://www.squidrouter.com/

https://twitter.com/toastswap

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