Auto-Harvesting, also known as Auto-Farming/Farming is the process of users putting funds together to participate in staking rewards, in this case - typically in the form of Liquidity Pools. VyFi plans to bring Auto-Harvesting to Cardano, which will be made as efficient as possible thanks to our Neural Net. The Neural Net will be used to measure risk across yield-farms, using impermanent loss, and a self-improving algorithm, to find the best Yield Farm’s to Auto-Harvest! The Vy-Ecosystem This consists of 4 components, all linked through smart contracts. The Auto-Harvester, The DEX (decentralized exchange), The Bar and LMS (Learning Management System). The Auto-Harvester (AH) is a smart contract that will manage yield farming/liquidity pool investing across multiple platforms. Users will deposit their Cardano into our AH, and will be given access to our dashboard. This will contain all the information regarding their deposit, current portfolio value, and pending harvest. The auto-harvester distributes rewards once weekly, and 15% of all earnings are shared to the VyFi Bar.
The Auto-Harvester exists to provide two functions: Assist new-comers in accessing more complex tools; and to give an option for traders to automatically generate the average return offered across the ADA ecosystem. The focus will be on simplicity and applicability for newcomers, as our principal focus is assisting on-ramp new users to the DeFi ecosystem, and guide them safely through the process of engaging with DeFi as a whole. Auto-Harvesters are automated to a point where fine-tuning isn't necessary, thus, there isn't a need for an "advanced mode." - the Neural Net will be constantly performing fine-tuning and then verifying the tuning.
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