Exploring Yel Finance
"Riding" the DeFi volatility while harvesting yield
What is Yel Finance?
Yel Finance is a comprehensive yield ecosystem designed to transform market volatility into tangible yield and arbitrage opportunities for DeFi users. By wrapping original assets, Yel Finance creates secondary markets, opening the door to price discrepancies that users can benefit from.
Guided by its DAO, the Yel Finance team operates as a collective of "mad scientists" in a DeFi R&D lab, constantly experimenting and innovating new yield mechanics for the community.
Prime Products
Yel Finance's ecosystem is centered on products designed to harness volatility, streamline arbitrage opportunities, and optimize yield generation.
Potions
Allows users to utilise their assets, leverage market fluctuations and generate yield on any easily tradable asset. Wrap your assets or provide LP to farm competitive yield as the market moves.
Read more about it here.
Arbitrage Feed
The Arbitrage Feed highlights arbitrage opportunities between original and wrapped assets within Potions directly on the platform. Users can take advantage of these opportunities with minimal effort, benefiting directly from price discrepancies. Available only to $YEL Holders.
Yield-Bearing Assets
Potions derivative product, yield-bearing assets take the form of $lTokens or $slTokens - overcollateralized, wrapped versions of original deposited assets that continuously generate yield.
Swap Routing
Custom-built swap router enables a closed ecosystem that simplifies user interactions with the platform. It serves as a direct gateway for depositing into Potions and streamlines asset management across different asset types.
Supplementary Products
Yel Finance also offers a range of supplementary tools and features that enhance the user experience and support the broader ecosystem.
Interface (Simple / Pro Modes)
To cater to diverse user needs, Yel Finance provides two interface options:
Basic Mode: Designed for users seeking a straightforward method to deposit assets and earn yield effortlessly.
Pro Mode: Geared towards advanced users who prefer exploring complex strategies and maximizing their yield potential.
$YEL Bridge
Seamlessly bridge $YEL across ten supported chains, powered by LayerZero and Axelar, ensuring interoperability and accessibility.
Dashboard
A user-friendly dashboard that consolidates: performance metrics, deposit tracking, and yield management in one place, providing full transparency and ease of use.
Point System
Earn rewards for your loyalty and ongoing engagement with the platform, incentivizing active participation within the Yel Finance ecosystem.
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