Yield Farming Aggregator
In our previous article we have covered why Zunami Protocol works only with stablecoins and what promising future we see for it. As of now, there are several similar yield farming aggregators, but not all of them are reliable. Zunami’s smart contract automatically checks insurance availability, so we could send funds only to those dApps, which have enough insurance coverage in secure and safe insurance companies (like armor.fi).
The way how the users’ funds will be invested and balanced is going to be controlled by DAO through the voting of ZUN token holders. The choice of dApp to invest in is based on two criterias — maximum profit and insurance coverage.
Also we’re developing a sophisticated allocation mechanism, which allows us to allocate the funds to dApps working on different blockchains or layers. But only if they provide enough yield and allocated funds can be 100% insured.
At this time we think the most interesting dApps related to yield farming are these:
Curve finance — one of the biggest stablecoin exchange platforms was founded in 2020 by a group of blockchain enthusiasts. We’re connected to Curve as a liquidity provider, including Polygon and Fantom versions.
Yearn finance — the creation of DeFi guru Andre Cronje. The biggest assets manager. Zunami allocates users’ funds to the most suitable pools at Yearn.
KeeperDAO — a project which manages liquidations, rebalances and arbitrage on dApps. With Zunami as a user you can easily interact with KeeperDAO, as we automatically sell rewards and reinvest the profit.
mStable is a protocol that unites stablecoins, lending and swapping into one robust and easy to use standard. This project created it’s own stablecoin mUSD, which gives extra yield by staking it. mStable has passed many security audits and has become one of the most reliable platforms in the crypto world.
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