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About YieldShield
YieldShield is an automatic and secure optimisation service for Yield Farming.
Built on Yield Protocol, YieldShield delivers brand new competitive benefits using a combination of Artificial Intelligence and smart contract functionality brought to you in a simple and intuitive user interface.
With YieldShield anyone — no matter their previous level of yield farming knowledge or experience — can maximize their farming gains with an absolute minimum of effort and a vastly reduced learning curve.
The YieldShield RoboFarmer takes the guesswork, and the hard work, out of yield farming.
For more information visit: https://www.yieldshield.com
What is Yield Farming?
Yield farming is the practice of staking or lending crypto assets in order to generate high returns or rewards in the form of additional cryptocurrency.
This innovative yet risky and volatile application of decentralized finance (DeFi) has skyrocketed in popularity recently thanks to further innovations like liquidity mining. Yield farming is currently the biggest growth driver of the still-nascent DeFi sector, helping it to balloon a market cap.
In short, yield farming protocols incentivise liquidity providers (LP) to stake or lock up their crypto assets in a smart contract-based liquidity pool. These incentives can be a percentage of transaction fees, interest from lenders, or a governance token (see liquidity mining below). These returns are expressed as an annual percentage yield (APY). As more investors add funds to the related liquidity pool, the value of the issued returns decrease accordingly.
The Benefits
YieldShield makes investing in different pools safe, transparent, easy, and conveniently cheap.
1. Easy
The investment process is automated. There is no need to learn how to manually swap tokens, provide liquidity in Uniswap, Sushiswap, Balancer, etc, or stake into farms. Our YieldShield Platform functionality will do all of that for you.
2. Safe
In YieldShield, each contract is individual and therefore protected from SPOF (Single point of failure). It also introduces a stop-loss functionality for Yield Farming - so you don’t have to worry about your funds while you are away from your terminal or asleep.
3. Transparent
All the commands are running entirely through open-source contracts. Anyone at any point in time can review the contract’s source code and check any transaction - when and how much was invested, the fee charged, etc.
4. Inexpensive & Fast
The main investment functions are combined into one. Instead of making 5-7 transactions for investing, for example, in Curve pool (exchange ETH for tokens, approve tokens, provide liquidity, approve LP tokens, invest into the vault, stake) you are doing just once and the platform takes care of everything automatically.