The DeFi Yield Aggregator is a decentralized finance application that automatically finds and allocates funds to the best yield-generating protocols while providing comprehensive risk assessment for informed decision-making. In the fragmented DeFi landscape, users face challenges in finding optimal yields while understanding the associated risks. Our platform solves this by creating a unified interface that simplifies yield farming with transparent risk information.
In today's DeFi ecosystem, users face significant challenges:
- Yield Fragmentation: Yields are scattered across numerous protocols and constantly changing
- Risk Opacity: Risk factors are difficult to assess and compare across protocols
- High Gas Costs: Moving between protocols to chase yields results in excessive gas fees
- Complexity Barrier: DeFi requires technical knowledge that excludes many potential users
Our DeFi Yield Aggregator addresses these challenges through:
- Smart Contract Architecture: Protocol-agnostic design that can integrate with any DeFi protocol
- Risk Assessment Engine: Evaluates protocols based on audit history, TVL, age, governance model, and past security incidents
- Yield Optimization Strategy: Allocates funds based on both yield and risk profile according to user preferences
- User-Friendly Interface: Intuitive dashboard for managing deposits and monitoring performance
- Yield Scanning: Automatically scans multiple DeFi protocols to find the best yield opportunities
- Risk Assessment Engine: Evaluates protocols based on multiple risk factors with a comprehensive scoring system
- Automated Allocation: Optimizes fund allocation based on yield and user's risk tolerance
- User-friendly Dashboard: Interactive visualizations of portfolio performance and risk metrics
- Smart Contract Wallet: Secure management of funds through verified smart contracts
- YieldAggregator: Core contract that manages deposits, withdrawals, and yield optimization
- RiskAssessment: Evaluates and scores protocol risks based on multiple factors
- Protocol Adapters: Interface with specific DeFi protocols (Aave, Compound, Uniswap, etc.)
- React.js with TypeScript for type safety
- Web3.js/ethers.js for blockchain interaction
- Material-UI for responsive design
- Recharts for data visualization
- Node.js with Express for API services
- MongoDB for historical yield and risk data
- Real-time analytics and notifications
The DeFi Yield Aggregator introduces several innovations:
- Risk-Adjusted Yield: Most aggregators focus only on APY, but we optimize for risk-adjusted returns
- Protocol-Agnostic Design: Adapter pattern allows integration with any DeFi protocol
- User-Defined Risk Tolerance: Customizable risk parameters that respect user preferences
- Transparent Risk Assessment: Clear visualization of risk factors for informed decision-making
By making yield farming more accessible and transparent, we aim to accelerate DeFi adoption beyond the technical elite and help users maximize returns while managing risk effectively.
- Cross-chain yield farming (Ethereum, Polygon, Arbitrum, etc.)
- Advanced yield optimization strategies
- Governance token and DAO for community management
- Mobile application for on-the-go yield monitoring
- Integration with additional DeFi protocols
Our team combines expertise in blockchain development, financial risk management, and user interface design to create a powerful yet accessible DeFi application.
Built for BITS Blockchain Web 3.0 Hackathon, March 2025