Description
Robo-Advisor for Yield (RAY), developed by Staked, is designed to optimize cryptocurrency investments by automatically allocating assets across various DeFi pools to secure the highest yield. It supports Ethereum, stablecoins, and other ERC-20 tokens, leveraging smart contract technology to dynamically invest in lending, staking, and liquidity provisioning opportunities based on real-time yield data. Users can deposit funds into the RAY smart contract, select preferred protocols, and let an off-chain oracle monitor and adjust investments according to the top-performing options, receiving value representative ERC-20 tokens in return. Initially, RAY integrates with platforms like Aave, Compound, dYdX, MakerDAO, and bZx, with governance decisions guiding the inclusion of protocols and adjustments to system variables. This enables both experienced and new investors to effortlessly earn interest through a diversified DeFi portfolio, enhancing their earning potential in the decentralized finance ecosystem.
Robo-Advisor for Yield (RAY), developed by Staked, is designed to optimize cryptocurrency investments by automatically allocating assets across various DeFi pools to secure the highest yield. It supports Ethereum, stablecoins, and other ERC-20 tokens, leveraging smart contract technology to dynamically invest in lending, staking, and liquidity provisioning opportunities based on real-time yield data. Users can deposit funds into the RAY smart contract, select preferred protocols, and let an off-chain oracle monitor and adjust investments according to the top-performing options, receiving value representative ERC-20 tokens in return. Initially, RAY integrates with platforms like Aave, Compound, dYdX, MakerDAO, and bZx, with governance decisions guiding the inclusion of protocols and adjustments to system variables. This enables both experienced and new investors to effortlessly earn interest through a diversified DeFi portfolio, enhancing their earning potential in the decentralized finance ecosystem.