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[PRESS RELEASE – Dubai, UAE, 11th May 2022]
In keeping with one of the company’s core values of simplicity, Yieldster 2.0’s launch will provide an Intuitive UI (User Interface) helping bring down the high technology barrier for less experienced users and investors.
Yieldster, a decentralized autonomous organization specializing in DeFi tools and protocols, developed an Automated DeFi Platform offering investors the ability to run strategies, allowing for lending, borrowing, and hedging.
The Open-Source Ecosystem aims to touch, directly or indirectly, every digital asset transaction in the DeFi Space via a series of innovative developments, including an on-chain order balancer/executioner intended to help maximize transactions by minimizing costs. This tool sources liquidity across all significant DEXs and CEXs and even across chains to minimize or even eliminate the risk of slippage; the order executioner monitors all transaction plans and can automatically retry failed transactions. As with all aspects of the ecosystem, trust and compliance are guaranteed through a rigorous validation process.
The SDK (software development toolkit) lets developers build DeFi applications that connect to various DeFi protocols. The simplicity of the SDK saves developers valuable time and effort, while the ability to link with other protocols encourages community expansion.
A Yieldster vault allows investors to execute strategies securely, automatically, and cost-effectively. Yieldster vaults can manage both strategies and loans and allow for the movement of assets between DeFi protocols at a low cost. Investors can use one of the expertly crafted strategies on offer, or they can create their own using the SDK and its intuitive API. Whichever option they choose, they can apply the strategies to their personal vault and start earning, and offer their strategies in the Yieldster marketplace so that others can run them.
“Investors can be assured that they won’t miss out on lucrative market opportunities as the automated execution of even the most complicated strategies is possible through Yieldster’s Automated DeFi Platform. To ensure cost efficiency, we utilize optimized order execution and offer low transaction costs to maximize the value of transactions, ” said Yieldster’s co-founder, Michael Mildenberger, outlining DAO ‘s plans to reach the forefront of DeFi.
Whether investors decide to build their strategies using Yieldster’s easy-to-use API or choose from one of the expertly created strategies on offer, they can be confident that they will be executed in the most efficient and secure manner.
Yieldster DAO offers an open DeFi framework designed to guide investors through the sometimes complex space of decentralized finance. Stakeholders determine the protocol’s future while fueling community growth. The team behind Yieldster is composed of experienced fintech technologists, investment bankers, and entrepreneurs with a shared goal of simplifying the process of investing in DeFi while bringing further credibility to the space through reliability and transparency.
Visit yieldster.io/ for more information about Yieldster and its current and planned developments.