YieldBay is a yield farm aggregator for the dotsama ecosystem. Our goal with YieldBay is two-fold:
This is a follow-up to our previous treasury proposal (Motion #262 on Polkassembly) to build further on our goal of reducing information asymmetry in finding and participating in liquidity pools and yield farms in the dotsama ecosystem.
As outlined in our previous proposal's problem statement and illustrated below in the screenshot of feedback from community members — participating in yield farms in the dotsama ecosystem is a tedious and time consuming process.
With our previous proposal, we built an aggregated list of yield farms, which allows users to discover all major yield farms across the ecosystem and allows protocols to increase visibility of their liquidity pools and yield farms. The current version of this product is live on https://list.yieldbay.io/
In this proposal, we are seeking to fund the development of an aggregated yield farming dashboard to allow users to participate in dotsama yield farms as well as monitor and manage their positions from one central location.
Progress so far:
NOTE: This submission is only for the first milestone. We shall make separate submissions for payment of the remaining milestones upon completion of delivery.
Please see the full proposal here.
YieldBay is a website that helps people find and participate in yield farms in the dotsama ecosystem.
They want to make it easier for people to find and use liquidity pools and yield farms.
They are asking for funding to develop a dashboard that will allow users to manage their positions from one central location.
Their previous project, YieldBay list, has over $92M TVL across 15 protocols and has had 4.3k unique visitors.
This proposal is only for the first milestone and they will make separate submissions for payment of the remaining milestones upon completion of delivery.