# Overview ## What is Yeeldx? Yeeldx is a decentralized, multichain yield optimizer that enables crypto holders to earn compound interest on their assets. Similarly, to Yearn, Yeeldx maximizes user rewards from various liquidity pools and yield farming opportunities in the DeFi ecosystem, while prioritizing safety and efficiency. The main product offered by Yeeldx Finance are Vaults, where users can stake their crypto tokens and automatically compound their rewards. Despite the name "Vault" suggesting otherwise, users can withdraw their funds at any time and remain 100% in control of their crypto. ## What is YEELD? YEELD is the multiutility token of Yeeldx, providing users with two primary benefits: stakers earn a portion of the platform's revenue, and both holders and stakers can participate in important governance decisions. For all Vaults deployed on various blockchains, Yeeldx has its multiutility token YEELD at its core. A small percentage of all Vault profits generate platform revenue, which is then distributed back to YEELD stakers. By staking YEELD, users can earn more YEELD in a YeeldFlow Vault. The supply of YEELD is limited to 750,000,000 tokens and will be available on various exchanges such as Sushiswap, and PancakeSwap. # Get Started How to get started with DeFi and Yeeldx Here we will aggregate a lot of information to help you get started with DeFi and Yeeldx. You will find links to various sources on how to set up a wallet, how to fund it, and how to connect your wallet to Yeeldx. # How to set up a Wallet? ## How to set up a wallet In DeFi (Decentralized Finance), you are the true owner of your crypto. Your funds sit in a wallet that is controlled and managed by you. Before doing anything, it is important that you always follow these safety practices: * Safely back up your recovery phrases, preferably somewhere offline. * Follow the setup guides of your wallet of preference carefully. * Download and install only the latest wallet version from official sources. * Be wary of fake websites, giveaways, or other malicious acts. * Never input your recovery phrase to a website or app, other than your wallet app when you are importing your wallet on a new device. * Never share your recovery phrases with anyone, under any circumstances. ### MetaMask​ MetaMask is a very popular browser-based wallet plugin. It supports Ethereum by default, and every other Ethereum compatible blockchain, such as BNB Chain, Avalanche, and Polygon, can be added manually. MetaMask is also compatible with hardware wallets like Ledger and Trezor. * ​[Step-by-step guide by Creatorbread](https://www.creatorbread.com/blog/how-to-set-up-a-metamask-wallet-step-by-step-guide)​ * ​[MetaMask Setup Guide by Binance](https://academy.binance.com/en/articles/connecting-metamask-to-binance-smart-chain)​ * ​[MetaMask Frequently Asked Questions](https://metamask.io/faqs/)​ * ​[Download MetaMask](https://metamask.io/download.html)​ ### Trust Wallet​ Trust Wallet is a popular mobile wallet. It is user-friendly as many blockchain networks are preconfigured and it has a build in DApp Browser. It is however not as configurable as MetaMask. * ​[Trust Wallet Setup Guide by Binance](https://www.binance.com/en/blog/ecosystem/how-to-set-up-and-use-trust-wallet-for-bnb-smart-chain-421499824684901157)​ * ​[Trust Wallet Community Setup Guide](https://community.trustwallet.com/t/how-to-create-a-multi-coin-wallet/41)​ * ​[Download Trust Wallet](https://trustwallet.com/download) # Funding your Wallet Now you have created your wallet, it's time to fund it with crypto tokens. To make any transaction on a blockchain, such as a trade on a decentralized exchange or a deposit in Yeeldx's vaults, you need the native gas token to pay for it. For Ethereum, it's ETH, for BNB Chain, it's BNB, etc. ## Fiat On-Ramp There are several providers that let you buy crypto directly to your wallet by using a bank transfer or credit card. On Yeeldx, various services allow you to do just that, bundled in one module for an easy overview that lets you pick the best option. You just need to click on the Buy Crypto button on the top of the page to start the Fiat On-Ramp process. ## Centralized Exchange method Funding your wallet is relatively easy if you already have an account on a centralized exchange, such as Binance or Coinbase. In short, it comes down to withdrawing your crypto from the exchange to your wallet address. In the process, you choose the coin to withdraw and the blockchain network on which you wish to receive the crypto asset. * [Binance Deposit and Withdrawing guide](https://www.binance.com/en/support/faq/85a1c394ac1d489fb0bfac0ef2fceafd) * [Coinbase Send and Receive guide](https://help.coinbase.com/en/coinbase/trading-and-funding/cryptocurrency-trading-pairs/how-to-send-and-receive-cryptocurrency) # Connecting your wallet to Yeeldx Now that you have created a wallet and funded it with crypto, it’s time to connect your wallet to Yeeldx! ### 1. Click on the "Connect Wallet" buttton The button can be found at the top of the page: ![](/files/0z6YFhZMH4FJUXFRkwDa) ### 2. Select your wallet from the options ![](/files/P2c2JizP3VeXEe4dCcob) ### 3. Approve the connection ![](/files/Yo58GafydfQeNPHxa6Xy) All done! You are now ready to explore Yeeldx's vaults and other earnings opportunities. # Introduction to Yeeldx a Decentralized, Multichain Yield Optimizer ## What is Yeeldx? Yeeldx is a decentralized finance (DeFi) yield optimizer project that enables users to earn more cryptocurrency through their crypto holdings. Its permissionless and trustless nature means anyone with a supported wallet can interact with the platform without intermediaries. Yeeldx provides users with a simple and secure way to earn yields on their crypto assets through smart contracts and various investment strategies. It maximizes user rewards from liquidity pools (LPs), automated market making (AMM) projects, and other yield farming opportunities within the DeFi ecosystem. This eliminates the need for manual interventions and makes yield optimization more accessible to all. It offers yield optimizing vaults on yield farms across various DeFi protocols, catering to different risk tolerances, from stable coin vaults to high-risk "degen" vaults. With the development of a robo advisor, Yeeldx is also making onboarding for non-DeFi investors simple and hassle-free. The team behind Yeeldx is highly experienced and inspired by yield optimization projects developed on the Ethereum network. They are strong believers in the idea of "Don't Trust, Verify" and prioritize transparency. The governance token distribution contracts are open for anyone to verify, ensuring that everything functions as intended. Yeeldx offers complex strategies that are easy for any investor to take part in through its Vault offerings. The first Vault, Tricrypto Vault, went live on the Arbitrum Layer-2 Chain in December 2022. It plans to expand to several more DeFi pools and to over 15 blockchains, to establish itself as a multichain yield optimizer. ### What makes Yeeldx unique? What sets Yeeldx apart from other yield optimizers is its focus on safety, which is its top priority. Every Vault has to pass a stringent set of SAFU rules before its release. Yeeldx distributes platform revenue back to those who stake its multiutility token, YEELD, providing them with a revenue share in Yeeldx. The project has a robust governance system built around YEELD, putting decision-making power in the hands of those invested in the project. Yeeldx also has talented and industry-leading smart contract developers who carefully test and review the vaults, investment strategies, and new platforms before releasing them to the public. The project is constantly encouraging developers to contribute and engage to make Yeeldx an even better product. Yeeldx is a flexible platform that operates on various blockchains, offering unique strategies that other yield optimizers lack. It has many recognized partners, providing the project with credibility and enhancing overall trust. ## Optimizing Yields on Fast Chains Yield optimizers on fast and affordable blockchains present different challenges and opportunities. On Ethereum, with high gas fees, focus is on gas savings and pooling funds. On chains with lower fees, focus shifts to optimizing automation for maximum yields. This enables more complex strategies and frequent rebalances. Through automation, we offer a simple way for investors to interact with yield opportunities without constant decision-making. This levels the playing field for small investors, who can access the same opportunities as whales and full-time yield farmers on Ethereum. Our goal is to aid DeFi projects in growing together by providing auditing and organizing hackathons for new strategies on the platform, all coordinated by the community and holders of the governance token YEELD. # YEELD Token Here you can read about YEELD's Tokenomics & Governance and find the cross-chain YEELD token addresses. Here are the articles in this section: # Tokenomics ## What is $YEELD? $YEELD tokens are revenue shares in Yeeldx, through which holders earn profits generated by Yeeldx when staked, and are entitled to vote on important platform decisions. $YEELD, otherwise known as YEELD, is the native governance token of our project. By staking it in a YeeldFlow vault, the YEELD earnings pool or any YEELD liquidity vault, or by simply holding this token in your wallet, users will be able take part in the DAO decision-making governance processes of Yeeldx. It does not matter on which chain you hold or stake YEELD, since the governance snapshot will be multi-chain compatible. Governance proposals will have to be submitted on and users will be encouraged to vote. Users won't be needed to un-stake their tokens to participate in the voting process. This will incentivize much more voter participation as it will mean users don’t miss rewards. More details of the voting procedure are available on the Governance page. For all the vaults deployed on every blockchain, Yeeldx has its native governance token $YEELD at its core. Platform revenue is generated from a small percentage of all the vault profits and distributed back to those who stake $YEELD. The revenue sharing mechanics entail you can stake $YEELD to either earn more $YEELD in a YeeldFlow Vault, or earn blue chips like $ETH, $BNB, $MATIC, $ARB and more in the YEELD Earnings Pools. ## Token Distribution **Token symbol**: YEELD **Total Supply:** 750 Million **Chain Supported:** Mutichain BSC, ARB, Polygon **Type:** ERC-20, BEP-20 * YEELD BEP20 Token Address: [0xf314A36d796fbD01A135EB4CCf5289255b75D620](https://bscscan.com/token/0xf314a36d796fbd01a135eb4ccf5289255b75d620)
### Vesting Schedule | Investment Round | Allocation Percentage | Token Release Schedule | | -------------------------------------------- | --------------------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | Early Backers Round | 6% | 6 Months Cliff from TGE. 1% Vested in Month 7, then vested linearly over 42 months. | | Family & Friends Round | 6% | 6 Months Cliff from TGE. 1% Vested in Month 7, then vested linearly over 42 months. | | Seed/ Private Round | 6.12% | 10% on TGE, rest vested linearly over 18 months with a 6 months cliff from TGE. | | Liquidity Pool on DEX | 3% | 100% on TGE. | | Treasury | 17.94% | 15% vested after 2 Month Cliff from TGE, rest vested linearly from Month 3 over next 20 months. Reserved for Future Investors, Partnerships, Marketing & Reward programs. | | Team | 19% | 6 Months Cliff from TGE. 1% Vested in Month 7, then vested linearly over 42 months. | | Liquidity Incentivization | 41.5% | 10% released after 2 months cliff from TGE. Vested linearly to the Incentivization wallet over next 46 months. Decreasing emissions will be applied as per Incentivization programs for the Vaults and Farms across Chains. | | Initial Arbitrum Bridging & Incentivization | 0.44% | 15% vested after 1 Month Cliff from TGE. Rest vested over 6 Months. | $YEELD staked in the YeeldFlow vault allows users to accumulate more $YEELD. In order to distribute YEELD to anyone who has staked in the YeeldFlow vault, $YEELD buy-backs from the open market are performed as the token is non-inflationary and will not mint any more YEELD tokens, ever. To get your hands on YEELD, head to one of the liquidity pools or exchanges. ## Emission Schedule YEELD follows a decaying emission schedule that infinitely approaches the 750 million hard cap. The total emissions would start with the Liquidity Incentivization program 2 months from the TGE, where 50 YEELD per Block (on BSC) would be distributed to the initial Vaults and Farms for a period of 3 months, which will reduce to 10 YEELD after 5 months from TGE and then reduce from 8 to 7 YEELD per Block till 31st May 2024. After this the YEELD distributed will follow a decaying emission schedule based on the following formula: X \* (1-Y)^M where: *X* = First month emission *Y* = monthly reduction rate *M* = month of emission The initial parameters for YEELD emission are: * X = 195,087,760 * Y = 3.38**%**

Token Emissions

This will continue till total YEELD for Liquidity incentivization reach 311.25 Million. Rest of the YEELD will be distributed as per the individual vesting schedules till the hard cap of 750 Million is reached. ## How is the protocol revenue distributed? All revenue generated on the platform from vault fees is sent to and handled by the RewardPool smart contract in the form of the native token of the chain. Anyone who stakes their $YEELD in either a YEELD Earnings Pool or a YeeldFlow vault receives their proportional share. ## What’s the YeeldFlow vault? The YeeldFlow vault allows users to stake their $YEELD much like in the native token earnings pool but receive instead their rewards in $YEELD. By staking their $YEELD, each participant converts and compounds their share of the protocol’s revenue into more YEELD tokens. As no more YEELD tokens are to be minted, these are provided to stakers by buying YEELD from the open market with the native token of the blockchain. This Vault is for users that want to convert and compound their share of the protocol's revenue in more YEELD tokens. As YEELD has no inflation, the strategy market buys YEELD with native token rewards. ## Where can I buy $YEELD? $YEELD will be found in several decentralized exchanges including Sushiswap and PancakeSwap. Buying $YEELD usually involves exchanging it for another crypto-coin or token through a liquidity pool. ## How do I use my $YEELD? To stake your $YEELD, head over to the YeeldX site and search for our YeeldFlow or Earnings Pool vaults. You can also deposit your $YEELD into LP positions either by finding an LP vault on the YeeldX site (and zapping your $YEELD into it), or by heading to one of our partner Dexes and investing in the LP directly on their site. Finally, to use your $YEELD for voting, head over to our Snapshot site and read through the Governance page for more details. # Contract Addresses ## Contract Addresses The YEELD token will be deployed on multiple chains where vaults will be live. To switch to another chain, use this guide and to bridge YEELD between chains use this guide. Contract addresses below: * BSC: [0xf314A36d796fbD01A135EB4CCf5289255b75D620](https://bscscan.com/token/0xf314a36d796fbd01a135eb4ccf5289255b75d620) * Deployer Address: [0x016085D06EEa88C0CA35DD8bBfBf7f894976E589](https://bscscan.com/address/0x016085d06eea88c0ca35dd8bbfbf7f894976e589) On all blockchains, you will be able to stake $YEELD in the native staking pools to earn the blockchains respective token or earn more $YEELD in a YeeldFlow vault! ## Contract Audits * [YEELD Token Audit](https://github.com/Yeeldx/yeeldToken/blob/main/YeeldToken_Audit_Report.pdf) ## Project & Investor Wallets
WalletsAddressAllocated Tokens
Yeeldx Community Vesting0xc8C5f2762ce5c1C5C40cA064d2A989694d3d6c97311,250,000 (41.50%)
Yeeldx Team Vesting0x0743A982663e0434D0d1F3D3833Ff219e9f64294

142,500,000

(19%)

Yeeldx Treasury Vesting0xb5A30Cc7Ed1938587D4C287356e3baFda9d55966

134,550,000

(17.94%)

Yeeldx Arbitrum Bridge Vesting0xb5ff3c76Aa212805dFaE951FF533B817228C27A7

3,309,000

(0.44%)

Public Sale (IEO)IDO on BSC

45,000,000

(6%)

### Investor Vesting Addresses | Type of Investor | Address | | ------------------ | -------------------------------------------------------------------------------------------------------------------- | | Friends and Family | [0x271965E7251379E7Cb1d4171C63A7d6eaeD34c18](https://bscscan.com/address/0x271965E7251379E7Cb1d4171C63A7d6eaeD34c18) | | Early Backers | [0x25D2922E404faE585CBaF1e677a428B29183F5Ed](https://bscscan.com/address/0x25D2922E404faE585CBaF1e677a428B29183F5Ed) | ## Token Holders The majority of YEELD tokens are staked in smart contracts, [BscScan](https://bscscan.com/) has a detailed list of the top staking addresses: (Coming Soon!) # Vaults ## What is a Vault? YeeldX offers investment instruments that employ a specific set of strategies for yield farming. They make use of automation to continually invest and reinvest deposited funds, which help to achieve high levels of compound interest. By using a YeeldX vault to compound your gains, you save thousands of transactions with their associated gas costs, and precious personal time. Instead of manually harvesting and selling rewards, buying more tokens, and reinvesting that continuously, a vault does all that automatically at a high frequency. Vaults are the core of the YeeldX ecosystem. In a YeeldX vault, you earn more of the asset you stake in it, regardless if this is a liquidity pool (LP) token or a single asset. For example, vaults where one can stake BTC-BNB LP will result in more BTC-BNB LP over time, effectively growing your share in the liquidity pool and thus allowing for more and more fees and rewards over time. Despite the name 'Vault' suggests, user funds are never locked in any vault on YeeldX. One could always withdraw from a vault at any moment in time. YeeldX also does not own user funds staked in vaults. However, it is generally best to view vaults as investment tools to store funds for the medium to long term in order to have the effects of compounding really kick in. When browsing the vaults on the platform, you will see the annual percentage yield (APY), which takes the frequent compounding into consideration compared to annual percentage rate (APR) which does not. You will also see daily interest percentages and the total amount invested in a vault by all users (TVL). Furthermore, one can see what underlying platform the vault is using as a source of revenue. Each vault can either refer to a pair of tokens invested in liquidity pools, such as CAKE-BNB LP tokens within the Binance Smart Chain ecosystem, or a single token invested in lending platforms or single stake reward pools. After depositing tokens to a vault, the user is supplied with vault specific yBox Tokens which represent their share in the vault. We will elaborate on yBox Tokens in the next section. Anyone in the YeeldX community can work together to build new strategies and submit them to the YeeldX team for review. However, a new vault will not be accepted if the underlying platform does not adhere to Yeldx's Best Practices. Summarizing, vaults on YeeldX can: * Vaults are investment tools that use automation to continually invest and reinvest deposited funds. * YeeldX vaults help achieve high levels of compound interest, saving time and gas costs. * Regardless of whether you stake liquidity pool (LP) tokens or a single asset, YeeldX vaults earn you more of the asset you stake. * User funds are never locked in YeeldX vaults and can be withdrawn at any time. * When browsing YeeldX vaults, you can see the annual percentage yield (APY), daily interest percentages, total amount invested, and underlying platform. * YeeldX vaults can use any asset as liquidity and provide one asset as collateral for another. * They also manage collateral at a safe level to mitigate liquidation risk and can put any asset to work to generate yield. * Users can sit back, relax, and watch their investments grow with YeeldX vaults ## **What are yBox Tokens?** A yBox Token is a type of tokenized proof of deposit that is interest-bearing and can be obtained when you deposit into a Yeeldx vault. Each yBox Token is unique to its corresponding vault, for example, yBoxYEELD tokens are received when depositing YEELD into the Yeeld vault. Think of yBox Tokens as a receipt of your vault deposit. As a Yeeldx user, it's important to hold onto your yBox Tokens and avoid selling or exchanging them. If you do, you will lose ownership of your staked vault assets. **How do yBox Tokens earn interest?** Yeeldx's vaults automatically generate more of your deposited asset in the form of compound interest. By holding yBox Tokens in your wallet, their value increases against the corresponding vault asset. While the number of yBox Tokens in your wallet remains constant, the amount of the vault tokens they can be redeemed for increases. This explains why yBox Tokens do not match the token amount initially deposited in a 1:1 ratio. **How can I redeem yBox Tokens for the initially deposited tokens?** When you want to withdraw the tokens staked for you in Yeeldx's vault, simply initiate a withdrawal transaction to exchange them. The yBox Tokens will be removed from your wallet and destroyed, and you'll get back your deposited assets plus yield. **What are the benefits of the yBox Token system?** Yeeldx's yBox Token system offers a number of benefits: * yBox Tokens enable any user to withdraw their fair share of deposited funds; * the system allows you to deposit the yBox Token receipt to a cold or hardware wallet for added security; * your privacy is protected since you remain anonymous to Yeeldx. Your funds in the vault are not linked to the wallet address from which you made the deposit because yBox Tokens are the only evidence of your stake in the vault. This means you can withdraw your share of funds from a different address by moving your yBox Tokens to it; * yBox Tokens can have tax advantages. Not only do they simplify bookkeeping, but because you're not selling your rewards or receiving staking rewards directly to your wallet, in many jurisdictions you may not incur the same tax liabilities as when farming your own yield; and * finally, yBox Tokens can be used as interest-bearing collateral. #### How frequently are profits harvested and reinvested in Yeeldx vaults? Yeeldx vaults typically harvest profits multiple times per day and automatically reinvest them through compounding. The compounding and harvesting rate of a specific vault can be checked using a step-by-step guide provided by Yeeldx. #### Why can't individuals manage their investments themselves? While individuals can manage their investments, vaults help to save personal time and transaction fees. In addition, they help to maintain healthy collateral to debt ratios, optimize for the best possible yields and automatically reinvest earnings. Attempting to manage investments manually could lead to significant inefficiencies. Yeeldx believes in the philosophy of "Sit back and relax, the vault does all the work for you". ## **What is the vault fee structure?** Most Yeeldx vaults have a performance fee structure that takes a percentage of all harvest rewards. The performance fee is divided and distributed to YEELD stakers, the Yeeldx treasury, the strategist that developed the vault, and the one who called the vault's harvest function. These fees are already incorporated into the APY of each vault and daily rate, so there is no need to calculate them manually. The Deposit and Withdraw module for each vault provides a breakdown of the performance fee and fee structure. The performance fee is partially allocated to YEELD stakers as additional yield and serves as the primary source of revenue for the Yeeldx platform. A portion of it also funds the Yeeldx treasury, which is used to support platform development, security and other initiatives. The performance fee also encourages community engagement and governance participation, which are critical for future growth and reward users of the platform. Some Yeeldx vaults may also have a withdrawal fee, which is designed to prevent possible exploitation by bad actors. Without the fee, someone could deposit funds before the harvest() function execution and withdraw immediately after, taking a percentage of the gains generated by legitimate stakers. Withdrawal fees remain in the vault and are shared among vault funds. Finally, the use of Yeeldx's ZAP tool, when it comes online, will incur a 0.05% zap fee on deposited amounts for entering or exiting vaults. These fees are returned to the Yeeldx treasury through an intermediate batching treasury, which aggregates fees and swaps them into stables before depositing. ## What is harvesting on deposit? Many of Yeeldx's vaults "Harvest on Deposit". This means that when you deposit into the vault, you are also triggering the harvest function of the vault's strategy. By triggering the harvest function, you initiate the collection of pending farm rewards and compounding of those rewards back into the vault tokens for everyone. Yeeldx does this to prevent malicious actors from stealing yield, so a withdrawal fee is not required. This greatly benefits long-term investors. Almost all of the vaults on more inexpensive chains like Arbitrum and Polygon harvest on deposit. You can identify if a vault harvests on deposit by the absence of a withdrawal fee. By depositing and triggering the harvest function, you will receive a reward in the form of the native chain token (e.g. WETH or WMATIC) due to the harvest call fee. ## Harvesting on Ethereum Due to high transaction fees on Ethereum, Yeeldx has introduced several rules to determine the vault's harvesting frequency. If a vault's TVL is above $100k, it will be harvested every 3 days. If a vault's TVL is below $100k but above $10k, it will be harvested every 15 days. If a vault's TVL is below $10k, a community harvest is required. This means that the harvest function on the strategy contract must be manually called, and the transaction fees for doing so will not be subsidized by Yeeldx. Another rule considers the gas prices on Ethereum. If the maxGasPrice is 20 GWei or more, harvests will not be executed as they will become too expensive. This applies regardless of a vault's TVL. The Gelato Off-Chain Resolver that handles the harvests on Ethereum based on the above rules can be found by following this link: Gelato Automate. The smart contract and its parameters, as well as past Executions and Task Logs, are also easily accessible there. ## Harvesting on BNB Chain BNB Chain also has a harvesting constraint in place: If a vault's TVL is below $10k and older than 2 weeks, a community harvest is required. ## **Does the performance fee get taken out when I withdraw my funds?** No, the performance fees are based on profits and are taken every time someone triggers the harvest() function. ## Does the vault page show the APY? Yes, the displayed APY values reflect the predicted rate earned on a vault in a year. This rate is determined by the underlying platform it uses, the strategy that it is interacting with at the time, the total amount of funds in the vault, and also takes into account the effect of compounding. As a unique feature, all vault fees are included in the APY calculation. What you see is what you get! ## What risks do the vaults have? Yeeldx vaults are audited, but this does not mean that a vault is entirely risk-free. Below are some general vault risks: Assets deposited into the vault have no risk of decreasing in quantity but can decrease in monetary value. As with any smart contract, the ultimate risk is that an investor's funds can end up stolen or unable to be withdrawn. The team takes steps to quantify the security risks of smart contracts and will only interact with ones that meet specific requirements after extensive testing to ensure the underlying platform does not contain "rug-pull" functions. For a detailed breakdown of the steps Yeeldx takes before adding new vaults, please refer to the relevant documentation. More detailed vault risks, or better yet, information on Yeeldx's vault safety expressed by the Yeeldx Safety Score. ## **What are the different vaults?** Money Market: This vault utilizes lending platforms such as Venus on BNB Chain or Scream on Fantom to generate high yield for coins such as BUSD, BNB, LINK, DOT, DAI, USDT, ETH, or BTCB. Native Token Farming: This vault takes advantage of the high yield on popular farms by depositing another asset to earn, sell, and compound profits of the native reward token. Rebalancing Vaults: These vaults would be differentiated based on the strategies which will be applied to the Vaults Want tokens. The three types of Rebalancing Vaults are Native-Stable Vault, Degen Vault and Balanced Vaults, which are powered by AI to automate the rebalancing the strategies applied in addition to automation of the compounding which the standard vaults already offer. More details about the vault mechanism will be released as it gets closer to the launch. ## What will I get out when I make a vault withdrawal? By default, upon withdrawal from a Yeeldx vault, you will receive the same type of token that you deposited, as at Yeeldx you earn what you stake. This means that you will receive the amount you deposited plus the yield generated (minus a potential vault withdrawal fee). For vaults that support Yeeldx ZAP, users can withdraw directly into other assets, including any assets that are part of the relevant liquidity pool and any of the bluechip, native, or stable assets supported for ZAP. ## **How do LP vaults work?** The liquidity pool (LP) vaults of Yeeldx work by reinvesting the fees awarded to LP participants. In exchange for providing liquidity to the pool, many platforms reward investors with tokens. Yeeldx's vaults regularly harvest these rewards, sell them, buy more of the LP's underlying assets, and then reinvest to complete the cycle. This process compounds the rewards gained from a liquidity pool. Yeeldx creates strategies that automate this process, saving time and gas fees compared to manual farming. This is all done for a small fee that is distributed back to those who stake in Yeeldx's governance pool or in the YeeldFlow vault. A small percentage also goes to the Yeeldx treasury. ## **How often are balances updated in the vaults?** Pending rewards are not reflected in the balance until they are swapped for the initial deposited token. This can vary depending on the running strategy. ## **How do vaults get added to Yeeldx?** New potential vaults can be discussed in the Yeeldx Discord. Strategists then add the potential investment strategy to the strategy list, assigning a priority to each new, potential strategy based on its APY, TVL, and sustainability. Developers/strategists then attack the list from top priority to bottom. The official forum is used for submitting actual vault requests. Then the platform where the vault is potentially going to deposit is thoroughly screened to ensure safe smart contracts and no other dangerous traits. For more information on that, please read. ## **What’s your vault naming process?** Each vault on the Yeeldx platform is named after the token that users can deposit into it. For example, the SUSHI-MATIC LP vault uses SUSHI-MATIC LP tokens for its investment strategy. A ETH vault uses the ETH token, etc. Underneath the vault name, users can find the platform used for investing the token and farming its yields. For example, "Uses: Sushi" means that particular vault invests the token in Sushiswap, a DeFi Dex and liquidity mining protocol. ## **How do lending vaults work?** The following applies to: Aave, Banker Joe, Blizz, Geist, Scream, Venus, and similar lending platforms. Most Yeeldx single asset vaults utilize decentralized marketplaces for lenders and borrowers. By depositing the initial asset in the vault, Yeeldx deposits it into the lending marketplace and borrows against the token at safe levels of collateral. The borrowed tokens are then redeposited into the platform and used as collateral to borrow more tokens. This cycle is repeated multiple times to generate as much interest as possible from the lending interest and the reward token, which is used to buy more of the originally deposited assets. This strategy is also known as a folding strategy. It is noteworthy that this "leveraged" multi-lending and multi-borrowing is only with the deposited vault token, so there is no liquidation risk due to token price swings. {% hint style="info" %} Transaction fees for depositing into or withdrawing from these vaults are generally higher compared to other vaults due to the multi-supply and borrow cycle. {% endhint %} {% hint style="warning" %} Marketability risk occurs when the underlying token on the lending platform becomes overborrowed, preventing the vault's strategy from deleveraging (unfolding) to accommodate a withdrawal. This usually happens during market volatility or when there is an ongoing event for which people want to borrow funds from the lending platform. The overborrowed condition will naturally resolve once liquidity returns to the lending platform, a process that can take hours or, sometimes, a few days. Meanwhile, funds always remain safe. {% endhint %} Due to accruing debt/supply interest, users may notice that the deposited token amount may decline ever so slightly between harvests. After the harvest event, the deposited token amount will increase as the yields are compounded back into it. # Rebalancing Vaults Using the power of AI (Coming Soon!) Rebalancing Vaults or YeeldBoxAI, the automated rebalancing yield optimizers, which offers investors an opportunity to maximize their yield while minimizing their risks. Yeeldx offers three types of rebalancing vaults for investors to choose from based on their risk tolerance: 1. Native-Stable Vault: This vault invests in stablecoin and native crypto pools, providing stable returns to investors. 2. Degen Vault: This vault invests in high-risk, high-reward DeFi pools, where yields can exceed 50% APY. 3. Balanced Vault: This vault invests in a balanced combination of Native-Stable and Degen vaults, providing investors with a moderate risk profile and an opportunity to earn high yields. Investors can choose to manually stake their tokens into one of the YeeldBox vaults, which will then be optimized to get a higher APY than staking in the farm itself. Alternatively, they can choose to invest in YeeldBoxAI, where their tokens are automatically staked across multiple DeFi pools based on the user's stated risk tolerance, which is selected before their tokens are staked. The vaults then periodically auto-rebalance the strategy if the yields on the strategy pools fall below a certain threshold, and the tokens are then auto-staked into another pool from the pools associated with the strategy whose APY is above the set threshold. Let's say a user decides to invest $100,000 in the YeeldBoxAI degen vault. Based on their risk tolerance of 70%, the portfolio allocation is as follows: * 70% in the RPDX-WETH pool (a high-risk degen pool on Arbitrum with a current APY of 150%) * 20% in the WETH-ARB pool (a medium-risk degen pool on Arbitrum with a current APY of 80%) * 10% in the Curve Tricrypto pool (a low-risk native-stable pool on Arbitrum with a current APY of 20%) After a few days, the APY for the RPDX-WETH pool drops sharply to 80%, triggering a rebalance. The YeeldBoxAI automatically adjusts the portfolio allocation based on the risk tolerance and the availability of other high-yield degen pools on Arbitrum. The new portfolio allocation is as follows: * 40% in the RPDX-WETH pool (which still offers the highest APY at 80%) * 40% in the RPDX-USDC pool (another high-risk degen pool on Arbitrum with a current APY of 75%) * 20% in the Curve Tricrypto pool (to maintain some exposure to the low-risk native-stable pool) This rebalancing ensures that the portfolio maintains a high yield while managing the risk according to the user's chosen risk tolerance. # YeeldFlow ## What’s the YeeldFlow vault? The YeeldFlow vault allows users to stake their $YEELD much like in the native token earnings pool but receive instead their rewards in $YEELD. By staking their $YEELD, each participant converts and compounds their share of the protocol’s revenue into more YEELD tokens. As no more YEELD tokens are to be minted, these are provided to stakers by buying YEELD from the open market with the native token of the blockchain. This Vault is for users that want to convert and compound their share of the protocol's revenue in more YEELD tokens. As YEELD has no inflation, the strategy market buys YEELD with native token rewards. # Strategies ## What is a Vault Strategy? Yeeldx's vault strategies consist of modular smart contracts that specify which assets to farm and where to sell them. Rewards are collected at regular intervals, swapped for the original vault asset, and then reinvested to compound farming gains. ## How do LP Vaults work?
## ​​How do Lending Vaults work?
## How Rebalancing Vaults Work? in the rebalancing Vaults also dubbed YeeldBoxAI, staked tokens are allocated across multiple DeFi pools based on the user's stated risk tolerance, which is selected before the strategies are applied to the tokens. The vaults then periodically auto-rebalance the strategy if the yields on the strategy pools fall below a certain threshold, and the tokens are then auto-staked into another pool from the pools associated with the strategy whose APY is above the set threshold. ## **Who is in control of the strategies?** Each vault and strategy link is hardcoded, and the code is immutable once it's released. This means that no one can modify the vaults and strategies.To release a new strategy for any asset, a new vault and strategy smart contract must be developed. ## **How can I make a strategy?** Currently, you can share and discuss your strategy in Yeeldx's Discord in the #strategies channel. Describe what it should buy/sell/farm and the current APY. A template will be provided to assist you in getting started. ## **What is APR and APY?** APR represents the simple interest rate over the course of a year, while APY takes into account the effect of compounding. ## **Is APY/365 the right way to determine daily gains?** No, the impact of compounded interest is exponential, not linear. A daily compounded interest rate of 1% would result in a yearly yield of 3678.34%. ## **How does Yeeldx optimize APY?** Yeeldx automates the entire compounding process, making it as close to optimal as feasible. The compounding frequency is determined by various variables in the system, such as TVL, APR, and strategy fees. # YeeldBoost Boost your yield by earning extra returns on top of your vault earnings! As the multichain yield optimizer, Yeeldx always strives to provide the best user experience with the highest APY possible and minimum manual effort. To achieve this, Yeeldx has introduced a service called Yeeld Boost, which promotes exciting projects on various chains and boosts certain vaults with partner tokens for the best APY. ## What is Yeeld Boost? Yeeld Boost is a service that allows users to stake their "yBox Token" deposit receipts in a Boost to receive extra earnings benefits. This means that users earn extra yield on top of their vault earnings. ## How do I use Yeeld Boost? To use Yeeld Boost, first deposit the required tokens in a boosted vault on the main app. Then, stake the "yBox Tokens" in the Boost section to receive the extra earnings benefits. Users can easily check their earned partner tokens and withdraw them at any time. ## What are yBoxTokens? yBox Tokens are interest-bearing tokenized proof of deposit receipts that users receive when they deposit in a Yeeldx vault. They serve as receipts for vault deposits and can earn interest. ## How do yBox Tokens earn interest? yBox Tokens earn interest by being staked in a Yeeld Boost. Users can stake their yBox Tokens in a Boost to receive extra earnings benefits. ## How do I redeem yBox Tokens for the initially deposited tokens? Users can redeem their yBox Tokens for initially deposited tokens by unstaking them from the Boost section and entering the vault where they deposited their yBox Tokens. The earned tokens can then be withdrawn. ## What are the advantages of the yBox Tokens system? The yBox Token system allows users to earn interest on their deposits and receive extra earnings benefits through Yeeld Boost. It also serves as proof of deposit and allows for easy tracking of earned tokens. ## How long will the boosted vault last? The Boost section displays a timer for each boosted vault. Users can unstake their yBox Tokens and earned tokens from a vault anytime after the timer ends. ## Do I have to manually unstake from the Boost when it is finished? Yes, users must manually unstake their yBox Tokens and earned tokens when the Boost ends. Yeeldx cannot move tokens back to the user's wallet for safety reasons. ## Can I enter multiple boosted vaults at once? Yes, users can enter multiple boosted vaults by depositing the required tokens and staking their yBox Tokens in the Boost section for each vault. ## Are boosted vaults safe to use? Yes, Yeeldx has developed boosted vaults with safety in mind and they are completely safe to use. The yBox Tokens staked in Yeeld Boost do not leave Yeeldx. ## If I enter a partner vault with my yBox Tokens, will I still earn the ordinary vault reward? Yes, users will earn both the ordinary tokens and partner tokens as a boost when entering a partner vault with their yBox Tokens. ## What does "Pre-Stake" mean? Pre-Stake means that a boost is upcoming for a particular vault. Users can stake their yBox Tokens ahead of time to receive boost rewards as soon as the boost begins. ## How come the APY shown at launch is not the same as it is now? The APY shown at launch is based on the daily yield, which is affected by factors such as reward rate and total deposited tokens. As more tokens enter the pool, the daily yield becomes lower, resulting in a lower APY. Conversely, if tokens exit the vault, the daily yield increases, resulting in a higher APY. ## Are the promoted project and its tokens safe? Yeeldx conducts due diligence checks on partnering projects to ensure their safety. However, Yeeldx cannot guarantee the safety or value of partner tokens, and it is up to users to make their own financial decisions. Yeeldx cannot be held responsible for user actions. # Liquidity What is providing liquidity? The AMM model, unlike the traditional order book model, utilizes liquidity pools to streamline the trading process. Liquidity providers (LPs) are responsible for providing liquidity, which involves depositing two tokens of their choice into a designated liquidity pool or creating a new one. The AMM algorithm generates quotes based on the pool's asset liquidity to offer trading prices to buyers and sellers. LPs receive LP tokens as evidence of their liquidity provision and rewards for their service. ## Why provide liquidity? Yeeldx allows LPs to earn a portion of all trades executed on the token pair to which they have provided liquidity. Transaction fees, charged to users for token trades, are automatically sent to the YLP tokens (Yeeldx's equivalent of LP tokens), increasing in value over time. ## What are the risks? Providing liquidity to a token pair poses the risk of impermanent loss (IL). This occurs when the price of an LP's deposited assets changes relative to the initial deposit. The magnitude of the change determines the degree of IL. Essentially, this means less dollar value at the time of withdrawal than at the time of deposit. ## How much fees does Yeeldx charge? Dynamic fees are a new feature introduced by Yeeldx that vary depending on the token pair being traded. The fees charged to trade different token pairs differ due to the risks that different LP providers face. The default fee for most pairs is 0.3%, and further details can be found on the dynamic fees page. ## What if I don't want to provide liquidity anymore? Users can redeem their Yeeldx LP tokens at any time to receive the two original tokens deposited into the liquidity pool, as well as any rewards accrued during the process. TVL Status: To learn about Yeeldx's total value locked (TVL) check [www.yeeldx.com](http://www.yeeldx.com) ## How to provide liquidity: 1. Click "pool"
2. Click "add liquidity"
3. Enter the desired amount that you'd like to provide liquidity to and allow Yeeldx to use your tokens to provide liquidity. 4. Then hit "supply" and "confirm supply".
5. After hitting "confirm" again in your wallet's pop up window, your transactions will be approved.
6. And that's it you are done! You have now successfully provided liquidity and have YLP in your wallet as proof. # Farm Users can deposit their YLP tokens in Yeeldx's "Farm" section and receive YEELD tokens as rewards for providing liquidity. Please note that not all LP token pairs are eligible for farming rewards, so it's important to check Yeeldx's farming page for the most up-to-date LP farming token pair list. ## Here's how to farm YEELD tokens on Yeeldx: 1. Go to the "farm" page and select a pool that you'd like to farm and provide liquidity to. 2. Deposit the desired amount of YLP tokens in the farm and click "approve." Then, confirm the transaction in the Metamask pop-up window. 3. Once your approval is confirmed, click "deposit" and confirm the transaction again in the Metamask pop-up window. 4. Congratulations! You're all set. Your position in the LP farm and your rewards will start accruing in real-time. ## How to Claim your Farming Rewards? To claim your farming rewards, simply click "Claim Rewards" and then "claim" next to your unclaimed YEELD rewards. Confirm the transaction in the Metamask pop-up window. Once the transaction is confirmed, you should see your claimed YEELD reward token in your wallet. If you can't see it, click "import token" and paste the YEELD token address: 0xf314A36d796fbD01A135EB4CCf5289255b75D620 and save. ## How to Withdraw your YLP token from the Farm? Finally, if you want to withdraw your YLP tokens from the farm, click "Withdraw" and enter the desired withdrawal amount. Click "withdraw and claim" to automatically claim any unclaimed rewards tokens. Confirm the transaction in the Metamask pop-up window, and you should see the YLP tokens back in your wallet along with the claimed YEELD reward tokens. # General ## What is a yield optimizer? A yield optimizer is an automated tool that aims to generate the maximum possible returns on cryptocurrency investments. This is achieved much more efficiently than by manual means, and each vault has its own distinct strategy for farming, usually by reinvesting staked crypto assets in liquidity pools. This simple technique involves farming rewards from staked assets and compounding them back into the liquidity pool, resulting in an increase in the amount of interest earned and the amount staked that the yield is based on. A yield optimizer can perform this process thousands of times per day. This approach is the main reason for the high APYs available on Beefy, and compounding fees are distributed among all vault participants, making it more affordable for the user. ## What distinguishes APR from APY? APR stands for Annual Percentage Rate, which is the yearly interest rate minus fees. This does not include the effects of compounding, which arise from reinvesting profits. If you invested $100 with 100% APR, you would earn $100 in profit over a year. On the other hand, if you frequently reinvest your earnings, you will compound your interest, resulting in an Annual Percentage Yield (APY). The more often you compound your interest, the greater the difference between APR and APY. ## How does APY function? APY is the annual percentage yield offered by a specific investment. It takes into account compound interest, providing you with a precise estimate of your earnings relative to simple interest. Large APYs, sometimes in the thousands of percentages, are possible with investments that provide daily yields of 1% or more. As a result of constantly farming and reinvesting liquidity pool rewards, interest compounds on increasingly larger sums. ## How can I contribute to YEELD? YEELDx is a community-powered project that welcomes new contributors to join its rapidly expanding group. There are various opportunities for Solidity developers who are interested in building vaults as strategists and earning passive income from strategist fees. YEELDx operates on various chains, which provide opportunities for simple and complex vaults. You can start with the simpler ones and progress to the more challenging ones as your understanding of Solidity grows. Even if you're not a Solidity developer, there are numerous opportunities to work on non-strategy projects, and you can discuss ideas with the community to obtain a grant or lead a project. If you have an interest in business development, you can also help with partnerships and advise the core team on business decisions. ## What is the difference between a Vault and an Earnings Pool? A Vault provides a way for investors to earn more of the deposited asset through compound interest (APY). In contrast, an Earnings Pool allows investors to earn a different token than the one they deposited through linear interest (APR). For example, the YEELD Maxi Vault provides exponential earnings in YEELD, while the YEELD Earnings Pools offer linear earnings in tokens such as $ETH, $BNB, and $AVAX. ## Why does it cost so much gas to deposit into a YEELD vault? Many of YEELDx's vaults have a "Harvest on Deposit" feature, which means that when you deposit funds into a vault, you are also triggering a harvest function. Calling the harvest function is more complicated than a simple deposit, and thus has a higher gas limit/fee. YEELDx employs this technique to ensure the security of investors' funds by making it impossible for malicious actors to steal yield, which eliminates the need for a withdrawal fee. Investors can identify whether a vault harvests on deposit by checking for the absence of a withdrawal fee. Most vaults on less expensive chains such as Fantom and Polygon use this technique. Additionally, as the Harvest Caller, you will be rewarded with some of the wrapped native chain token. Please refer to the Harvest Caller for more information. ## How can I check my accumulated earnings? Your earnings are added to your deposited token amount on each harvest and compound cycle. You can use DeFi dashboards to calculate your profits accurately. External tools such as TopDeFi will read your wallet address and provide you with a comprehensive overview of your initial investment and current earnings. # Yeeldx Explainers ## Vault Yield Farming At YeeldX, you can effortlessly earn rewards on your investment by staking either a single asset or a liquidity pool (LP) token. By staking WETH-USDC LP, for example, you will accrue more of the same LP over time, which in turn will increase your share in the liquidity pool and unlock greater rewards. YeeldX takes care of the technicalities, freeing you up to relax and enjoy the benefits of your investment.
## Vault Fee Structure
More about Vault fees [here.](/products/vaults#what-is-the-vault-fee-structure) # Team Everything you need to know about the Yeeldx Core Team # Roadmap ## In essence, our plan is a guide, not a checklist. The cryptocurrency industry evolves rapidly, and we adapt swiftly as well. Being adaptable is a fundamental aspect of our approach. Consequently, we refrain from publicly announcing fixed schedules, allowing us to prioritize our development objectives according to market fluctuations and available developer resources. ### Ongoing & Q2 2023 * [x] Dex & Vault Launch on Arbitrum & Polygon Testnet * [ ] Launch on Polygon Mainnet * [x] YEELD Token Launch * [x] Build the Core Team * [x] Release Initial YeeldBox Vaults on Arbitrum: Tricrypto Pool on Curve.fi * [ ] High Yielding Yeeldbox Vaults for Magic-ETH Pool and WETH-ARB on Sushiswap * [ ] Smart Contract Audit for Initial Vaults and YeeldFlow Staking * [x] Build Community across Telegram, Discord and Twitter * [x] White Paper Release * [x] Tokenomy Design * [ ] Pre-sale Round, Liquidity Bootstrapping & DEX Listing * [ ] Coingecko Application * [ ] Coin Market Cap Application ### Q3 2023 * Listing on Coin MarketCap and CoinGecko * Seek and close Institutional Funding Round * Launch first Uniswap V3 Vaults for concentrated liquidity management * Launch initial Vaults on BSC * Launch YeeldBoxAI Beta Vaults * Build partnerships with projects on Arbitrum, BSC and Polygon and build Optimizing Vaults for their yield farms * Grow Dev. Team * Community Influencers * Launch Referral Program to boost TVL * Audit of YeeldBoxAI and Uniswap V3 Vaults ### Q4 2023 * Certik Audit for YeeldBox, YeeldBoxAI and Strategies * Leveraged Optimizing Vaults (w/ upto 10x leverage on collateral) * Build the BD team * High Profile Influencers Marketing * Partnership Announcements with major DeFi Protocols * Launch on more Layer-2 Chains incl. Polygon ZKEVM and ZKSync ### Q1 2024 * Grow team of Smart Contract and Blockchain Developers * Launch Lending Protocol * List On Top Tier CEX * Forbes and other Major Publication Mentions