Real Yield USD - "Strategies landingpage"

[henrio123]

Contents:

Real Yield USD

Page link: https://app.sommelier.finance/strategies/Real-Yield-USD Strategy name: Real Yield USD Strategy provider: Seven Seas Uniswap token link: We're not gonna market make this one on uniswap Strategy page headline: Stablecoin yield maximization strategy that optimally allocates USDC, USDT and DAI across Aave, Compound and Uniswap v3 Token price 1D Change 1W Change vs USDC Ticker: YieldUSD Token logo: https://github.com/strangelove-ventures/sommelier/issues/824 Traded Assets: USDC, USDT, DAI Alternative to: Holding or manually lending/LPing USDC, USDT, and DAI Total assets Rewards program Rewards end date:** 23.02.2023 (30 days after Strategy launch) Rewards end multiplier up to: 1.5x

Strategy Highlights: Targets battle-tested protocols that are reliable sources of "real yield." Earns from lending and LPing to capture yield that others can't. Includes the three most used stablecoins in DeFi.

Strategy description: Real Yield USD is the final evolution of real stablecoin yields in DeFi. By “real yield” we mean yield that results from trading or lending activity (fees) rather than resulting from incentives. The primary sources of real yield exist on lending platforms like Aave and Compound, and decentralized exchanges like Uniswap. Because of this, Real Yield USD focuses on these three protocols and simultaneously allocates capital to Aave and Compound lending pools and Uniswap V3 LP pools in order to maximize yield. One important reason that the Real Yield USD Strategy is able to achieve superior yields is that it can manage the complexity of optimizing Uniswap V3 tick ranges. Many other yield strategies can't handle this complexity and therefore just stick to lending optimization. By combining lending and LPing, Real Yield USD aims to provide higher sustained yields than simple lending or LPing strategies.

How it Works: "Determining the optimal allocation of stablecoins across these three protocols for the highest yield is non-trivial and requires some component of off-chain computation. Sommelier’s novel infrastructure enables active management of an ERC-4626 vault (guided by off-chain computation) while remaining non-custodial, transparent, and decentralized.

The optimal allocation is determined by a numerical optimization procedure that accounts for swap fees and market impact due to position size, and makes use of various simple time-series forecasting methods to estimate (future) base yields.

One important reason that the Real Yield USD Strategy is able to achieve superior yields is that it optimizes Uniswap V3 tick ranges. Picking a lending position on Aave or Compound is relatively easy (ignoring factors like market impact which are actually important) because there are no degrees of freedom - it simply boils down to the decision of whether to lend a certain token or not. Providing liquidity on Uniswap V3, on the other hand, is complex because the choice of tick range determines both fee revenue and impermanent loss. Our optimization procedure accounts for all of these factors."

View Backtesting Data: Link to: https://7seascapital.notion.site/The-Real-Yield-USD-Cellar-af0e2adbd2a14f18a9102871645a472e

Presented results are based on historical back tests. Past performance is not indicative of future results. Actual performance will depend on market conditions.

Add new Strategy provider Logo and Link: Seven Seas logo and link to https://7seas.capital/

FAQ:

Are the smart contracts audited? Yes, all smart contracts on Sommelier have been audited by an independent third-party auditor.

What are the risks? Risks include the typical risks associated with using stablecoins in DeFi. This includes smart contract risk and stablecoin depeg risk. Additionally, in the Cellars V2 architecture, Uniswap V3 liquidity positions are non-withdrawable. Because of this, withdrawing those assets from the strategy may not be possible at all times. However, the strategy provider, SevenSeas, will ensure that some percentage of funds are always kept in liquid positions to be withdrawn.This type of technical limitation is also present in other stablecoin yield opportunities like Origin USD (a Convex position may inhibit withdrawals) and Yearn positions.

All other texts will stay the same.

Pre launch "Launch date counter: "Wed Jan 25, 04:30 pm UTC"

Add "Signup button" - https://github.com/strangelove-ventures/sommelier/issues/636

And not showing before launch date: Buy/Sell button View Details button Token price 1D change 1W Change vs USDC

[henrio123]

@joshuanatanielnm sorry but some late text changes -

Strategy page headline | The only strategy in Defi to maximize USDC, USDT, and DAI yields across Aave, Compound and Uniswap V3. -- | -- Strategy highlight 1 | The only active strategy which optimally allocates capital across key protocols for max yield. Strategy highlight 2 | Combines lending and LPing activities in a single strategy to deliver real yield others can't. Strategy highlight 3 | Optimizes Uniswap V3 LP tick ranges. Strategy description | Real Yield USD has a real technological edge to deliver yields others can't.By “real yield” we mean yield that results from trading or lending activity (fees) rather than resulting from incentives. The primary sources of real yield exist on lending platforms like Aave and Compound, and decentralized exchanges like Uniswap. Because of this, Real Yield USD focuses on these three protocols and simultaneously allocates capital to Aave and Compound lending pools and Uniswap V3 LP pools in order to maximize yield. One important reason that the Real Yield USD Strategy is able to achieve superior yields is that it can manage the complexity of optimizing Uniswap V3 tick ranges. Many other yield strategies can't handle this complexity and therefore just stick to lending optimization. By combining lending and LPing, Real Yield USD aims to provide higher sustained yields than simple lending or LPing strategies. How it works | Determining the optimal allocation of stablecoins across these three protocols for the highest yield is non-trivial and requires off-chain computation. Sommelier’s novel infrastructure enables active capital management of an ERC-4626 vault (guided by off-chain computation) while remaining non-custodial, transparent, and decentralized. The optimal allocation is determined by a numerical optimization procedure that accounts for swap fees and market impact due to position size, and makes use of various simple time-series forecasting methods to estimate (future) base yields.One important reason that the Real Yield USD Strategy is able to achieve superior yields is that it optimizes Uniswap V3 tick ranges. Picking a lending position on Aave or Compound is relatively easy (ignoring factors like market impact which are actually important) because there are no degrees of freedom - it simply boils down to the decision of whether to lend a certain token or not. Providing liquidity on Uniswap V3, on the other hand, is complex because the choice of tick range determines both fee revenue and impermanent loss. Our optimization procedure accounts for all of these factors.

[henrio123]

@joshuanatanielnm, lets change "Backtesting" to:

We have run backtests of the strategy for various TVLs using the past 40 days of data:

Read more (Link to https://7seascapital.notion.site/The-Real-Yield-USD-Cellar-af0e2adbd2a14f18a9102871645a472e)

[henrio123]

@joshuanatanielnm lets change Backtesting only to this new plot without any text -

[henrio123]

@joshuanatanielnm letys change -

to:

The only strategy in Defi to maximize USDC, USDT, and DAI yields across Aave, Compound and Uniswap V3.

[henrio123]

@joshuanatanielnm letys change -

to:

The only active strategy which optimally allocates capital across key protocols for max yield.

Combines lending and LPing activities in a single strategy to deliver real yield others can't.

Optimizes Uniswap V3 LP tick ranges.

[henrio123]

@joshuanatanielnm letys change -

to:

"Real Yield USD has a real technological edge to deliver yields others can't.

By “real yield” we mean yield that results from trading or lending activity (fees) rather than resulting from incentives. The primary sources of real yield exist on lending platforms like Aave and Compound, and decentralized exchanges like Uniswap. Because of this, Real Yield USD focuses on these three protocols and simultaneously allocates capital to Aave and Compound lending pools and Uniswap V3 LP pools in order to maximize yield.

One important reason that the Real Yield USD Strategy is able to achieve superior yields is that it can manage the complexity of optimizing Uniswap V3 tick ranges. Many other yield strategies can't handle this complexity and therefore just stick to lending optimization. By combining lending and LPing, Real Yield USD aims to provide higher sustained yields than simple lending or LPing strategies."

[henrio123]

@joshuanatanielnm lets change -

to:

Determining the optimal allocation of stablecoins across these three protocols for the highest yield is non-trivial and requires off-chain computation.

Sommelier’s novel infrastructure enables active capital management of an ERC-4626 vault (guided by off-chain computation) while remaining non-custodial, transparent, and decentralized. The optimal allocation is determined by a numerical optimization procedure that accounts for swap fees and market impact due to position size, and makes use of various simple time-series forecasting methods to estimate (future) base yields.

One important reason that the Real Yield USD Strategy is able to achieve superior yields is that it optimizes Uniswap V3 tick ranges. Picking a lending position on Aave or Compound is relatively easy (ignoring factors like market impact which are actually important) because there are no degrees of freedom - it simply boils down to the decision of whether to lend a certain token or not. Providing liquidity on Uniswap V3, on the other hand, is complex because the choice of tick range determines both fee revenue and impermanent loss. Our optimization procedure accounts for all of these factors.