Seems like there is another late horse in the game with a new proposal.
2 Likes
On the First bullet:
Yelay has different types of clients who use the infrastructure in different ways. The first type are “Builders” - for instance Perq which is using Yelay’s yield infrastructure to build supercharged launchpools for individual projects & L1s. Another is a project called “PiggyBank” which will be building yield-funded products
The second type are “Integrators” - those looking for “1-click earn” solutions for their existing user base. Some public clients with whom we are integrated include Fireblocks, Metamask Institutional and Ledger Enterprise.
Third type are “Treasury Management” clients - DAOs, asset management firms and portfolio companies looking for a secure, “set and forget” treasury management solution. Several of these haven’t gone live yet and are currently under NDA due to compliance.
Regarding the second bullet:
Yelay differentiates itself by eliminating entry, exit and management fees and providing unparalleled flexibility through automated strategy rebalancing. Unlike competitors, Yelay ensures that no vault incurs negative interest, safeguarding your capital. Furthermore, our focus is on automation - from portfolio rebalancing through to reward compounding - significantly reducing operational complexity, offering a seamless “set and forget” treasury management solution.
Another differentiating factor is that whilst Yelay provides yield access to BTC and ETH, it has the biggest specialism in stablecoin yield strategies. Detailed risk assessment framework, 30+ strategies and over 3 years of operating in providing “fixed income” style services to depositors.
There’s no need to diversify your holdings into multiple stablecoins to generate yield. With Yelay, Shutter DAO can deposit USDC directly into our vault and achieve double-digit yields. The vault optimizes yields across multiple strategies, so Shutter can benefit from diversified returns without having to manage or monitor different yield-bearing tokens. Withdrawals are instant, ensuring liquidity when needed.
@5pence Regarding your bullet 3:
This is exactly the complexity Yelay eliminates. By depositing into a single Yelay vault, Shutter DAO avoids the need to manage multiple tokens or strategies. Yelay’s automation dynamically reallocates funds across yield strategies based on changing APYs or risks, ensuring optimal performance without manual intervention. This reduces operational risk and saves time, allowing Shutter to focus on its core mission.