lobster-dao / overview

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DeFiHelper (partnership) #56

Open mastyf opened 2 years ago

mastyf commented 2 years ago

What is DeFiHelper?

DeFiHelper is a cross-chain non-custodial investment tool that helps investors of any scale to easily manage and automate their investments across other DeFi protocols.

Its key features include:

1. Advanced auto-compounding. DFH helps you earn more on staking by automatically adding your profits to the deposit, effectively auto-compounding your interest. Our mathematical model makes decisions by taking into account current and historical fees, the prices of tokens, and other factors. The model was devised by Ilya Munerman, a mathematician and lecturer at the New Economic School and HSE University.

2. No-code automation. Create automated investment strategies without having to know coding.

3. Portfolio management. Monitor and manage your portfolios across various blockchains: Ethereum, Avalanche, BSC, Polygon, Moonbeam. More blockchain integrations are planned for the near future.

4. Notifications. Get notifications on important market movements and updates on the protocols users follow.

DFH is a non-custodial service and does not store users’ funds on general contracts. Instead, DFH deploys an individual contract for each user. The contract is then used for automating routine activities. The source code of the contract is open and anyone can see which functions are available to the owner of the contract and which are designed for the service. Here is an example of a contract. Pay attention to the onlyOwner modifier, since it is assigned to methods that can only be called by the owner of the contract — the user of DFH.

The audit of DFH smart contracts was made by HashEx.

In the last two weeks, DFH has raised several hundreds of thousands of dollars from a number of US-based venture funds.

What LobsterDAO can offer

  1. Beta testing;
  2. Suggestions of new product features;
  3. Cross-promotion opportunities;
  4. Introduction to crypto venture capital firms;
  5. Introduction to DeFi protocols DeFiHelper can partner with.

What DeFiHelper can offer

The DeFiHelper team can retain up to 3% of DFH tokens from the Advisors’ budget and distribute them among LobsterDAO members contributing to the project. The tokens will be distributed via 1-year lock and 12-month per-block release.

The public token sale is set for February/March of 2022. The expected market valuation at the token sale is around $800,000.

DeFiHelper can also make its paid features free for LobsterDAO members.

Links

Website: https://defihelper.io/ Litepaper: https://defihelper.io/static/media/DeFiHelper_litepaper.pdf Tokenomics: https://defihelper.io/tokenomics