Dubai, United Arab Emirates, May 11, 2022 — Yieldster, a decentralized autonomous organization specializing in decentralized finance (DeFi) tools and protocols, has developed its Automated DeFi Platform for investors to run strategies for lending, borrowing and hedging.
The open-source ecosystem aims to touch, directly or indirectly, every digital asset transaction in the DeFi space via innovative developments, including an on-chain order balancer-executioner to maximize transactions by minimizing costs. This tool sources liquidity in all significant decentralized and centralized exchanges and on 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 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 offered, 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 vaults and start earning, offering their strategies in the Yieldster marketplace so 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 Michael Mildenberger, co-founder of Yieldster.
Whether investors decide to build their strategies using Yieldster’s easy-to-use API or choose from one of the expertly created strategies offered, they can be confident those strategies will be executed efficiently and securely.
Yieldster offers an open DeFi framework to guide investors through the sometimes complex DeFi space. 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 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.
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This material is distributed by Storm Partners on behalf of Yieldster. Contact Adrian Bono for interviews and quotes at email@example.com or on Telegram: @STORMPartners.
- Adrian Bono
- Storm Partners