YieldWolf

YieldWolf

YieldWolf is a multi-chain yield optimizer tool: it efficiently automates yield-farming strategies on the most well-known protocols. YieldWolf increases potential revenues by auto-compounding rewards at optimal rates and by distributing the gas costs between all farmers in a pool.

The YieldWolf protocol was built to support a large and ever-growing number of farms. The main purpose is for all users to earn the rewards from the projects that they are most excited about in a more efficient and fair manner.

YieldWolf currently supports the following networks: Fantom, Avalanche, Cronos, BSC, Polygon, Harmony and Celo.

The YieldWolf's team has the fundamental objective of continuously updating services, working on new projects, adding new vaults every week, and increasing supported networks.

Vaults

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 Listing Process:

Before listing any 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 breaches can be fixed, we contact the project and share the required changes. Many projects have agreed and improved their security for all users thanks to our process. Others have not agreed to make any changes, so we did not list them even though they were highly requested by our community.

You can also use projects that have not been reviewed by YieldWolf team yet in the Community Vaults section. The YieldWolf Protocol is a decentralized platform on which anyone can create vaults for any project. Please take extra caution when interacting with Community Vaults 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 desire

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 or bond pool, 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.