Overview

YieldWolf is the first yield-farming strategy builder. You can use the protocol to create auto-compounding vaults for almost any project using our audited smart contracts, or you can deposit in existent vaults.

Unlike most platforms, YieldWolf is truly decentralized and trustless. Our team has no control or custody over the deposited funds or the vaults. Our contracts don't allow for any kind of migrations, meaning there is no risk of losing your deposited funds because the team wallets were compromised. Virtually all of our competitors have this risk, which is one of the most common ways projects of all sizes get hacked. Security is our number one priority, and we strongly believe in the benefits of decentralization.

Our vaults efficiently automate yield-farming strategies on any kind of protocol. YieldWolf increases potential revenues by auto-compounding rewards at optimal rates and by distributing the gas costs between all farmers in a vault.

Creating a vault on YieldWolf only takes a few clicks, and no coding skills are required. You simply need to enter the staking contract address and choose the pool you want, and that is it. You will have your vault ready to be used in a few minutes.

YieldWolf currently supports the following networks: Fantom, Avalanche, Cronos, BSC, Polygon, Harmony, and Celo. We will support new networks soon. Feel free to request any network in our communities.

Protocol

YieldWolf vaults consist in a strategy applied to one specific pool of a third-party farm. The tokens deposited on a YieldWolf vault are redeposited directly into the farm, and the rewards are continuously auto-compounded.

Third-party farms pay rewards in exchange for staking a pair of tokens or single tokens. These rewards are generally received in the native token of the farm. Our smart contracts swap these rewards for the staking tokens and deposit them again into the same farm. Since these newly staked tokens will also start generating rewards, the interest rate continuously compounds.

Farm verification process

The YieldWolf team can review and verify projects which adhere to our security requirements. Verified farms are marked with this icon: .

Before verifying a project, we run an extensive set of integration and security tests, and we review all the smart contracts. We also check for excessive permissions and other security features. If a project does not pass our security checks, but the issues can be solved, we contact the project and share the required changes. Many projects have agreed and improved their security for all users thanks to our process.

Projects that were not reviewed by our team yet or projects that were reviewed but didn't pass our security checks do not have the verified icon. The YieldWolf Protocol is a decentralized platform on which anyone can create vaults for any project. Please take extra caution when interacting with non verified projects and do your own research before investing.

Auto-compound

When a compound is executed on a vault, the assets of every user on the vault are compounded.

When a compound is executed on a vault, the assets of every user on the vault are compounded. Compounding is performed when ANY of these conditions are met:

• When a deposit is made

• When a withdrawal is made

• When an incentive compound is made

• When a community compound is made

• When 0.3% of pending rewards are higher than the compound transaction costs.

YieldWolf decentralized the compound execution; Anyone can execute a compound and receive a reward in exchange. The reward paid to vault bounty hunters is 0.3% of all the assets pending for harvesting. When the 0.3% of the assets pending for harvesting is worth more than the cost of the compound transaction, then it becomes profitable for anyone to execute it.

Recipient Tokens

Vaults created after the YieldWolf 2.0 release use recipient tokens. When you deposit in one of these vaults, you will receive a token representing the deposit. When you withdraw, this token will be burned from your wallet. This will enable other protocols to integrate with YieldWolf and it will allow users to move deposits to cold wallets if desired.

Boardroom Vaults

Boardroom Vaults compound Tomb Masonry pool and its forks. These vaults have an epoch in which withdraws are locked, followed by an unlock window. The duration of each depends on the vault and it's specified in each one. For Tomb Masonry, the lock window is 32 hours and the unlock window is 4 hours.

When the lock window ends, all rewards are swapped for the stake token (i.e. TSHARE). Users can choose to withdraw or not do anything, in which cases tokens are re-deposit and a new lock window will start.

Boardrooms emit rewards when the TWAP (Time-weighted average price) of the peg token is above 1.01. At the end of the epoch, the TWAP is checked, and if above 1.01, then rewards are emitted. Otherwise, no rewards would be pay for the epoch.

Bounty Rewards

In order to compound a vault, a transaction needs to be sent to the blockchain. YieldWolf uses a bounty hunting system that allows users to execute the compound for everyone and earn a reward in exchange. Unlike many platforms, the system is 100% decentralized; anyone can execute the functionality and earn the rewards.

When you execute the compound transaction successfully on a vault, you will receive 0.3% of the number of tokens harvested on the vault.

Whenever you successfully claim the bounty, you're also helping by compounding the pending rewards for everyone in the vault. Make sure the amount of reward you receive will be greater than the fees you'll spend to submit the transaction to the blockchain.

Please note that the bounty displayed in the UI is just for reference, and it's not guaranteed, this is because another transaction might compound the tokens while yours is being processed. The transaction can also fail if the compound fails or if the gas limit set is not high enough.

What Is Yield Farming?

Yield farming is a Decentralized Finance (DeFi) inversion strategy. It is designed to generate rewards through the assets in your digital wallet. These assets (cryptocurrencies or tokens) are staked in exchange for rewards, which may be generated through interest or transaction fees. Rewards are given through a Decentralized Application (dApp) in cryptocurrencies.

Why Should You Use Auto-compounding?

Using yield farming protocols can generate revenues through passive income. However, maximizing benefits using this strategy can be a pesky endeavor. Rewards need to be claimed, swapped for the staked tokens and then re-staked to generate even more rewards. Harvesting, swapping, staking again… it needs to be done several times a day, many times per hour. This process is very time-consuming, and it involves too many fees. Auto-compounding provides a solution for it: Automatization. YieldWolf offers the possibility to complete this cycle automatically, which not only saves time and money, but also guarantees higher yields.

Why YieldWolf?

YieldWolf is a yield farming automation tool that auto-compounds the rewards paid by third-party DeFi protocols. These DeFi protocols distribute rewards in one or more tokens in exchange for depositing assets in the protocol.

Many users periodically go to the protocol to harvest their rewards, swap the earned tokens for the staking tokens and deposit again to compound profits. All of these transactions are time-consuming and require to pay a gas fee to use the network. YieldWolf's smart contracts pool together the deposits of multiple users and compounds rewards at optimal rates.

By pooling many users together, YieldWolf can compound at high frequencies, which generally are only profitable for whales. Thus, YieldWolf helps reduce the gap between the rate of return obtained by larger players and the rate of return of everyday users.