πŸ› οΈYield Aggregation

Intro

Yield Aggregation is the process of leveraging different DEFI protocols and strategies in order to maximize stakers profits. We are adding a series of established farms in our pool strategy and will leverage the full potential of existing farms, with the highest auto-compounding frequency ever seen in crypto. This will create the most profitable iterations of some of the most popular pools in the space.

Cheap fees on the Polygon network enables Polywhale to auto compound rewards more frequent than on any other network. These farms are essentially optimizers, and our smart contracts maximize existing farm rewards with compound mechanisms. Under the hood of our pools, you will be staking in multiple pools at once within a single pool interface, maximizing the potential yield possible of your assets. The icing on the cake? Every single pool will burn KRILL somehow or another. We are not just creatnig the best versions of these pools in terms of rewards to ever exist - but we are burning KRILL with the external rewards in the process. This is a massive step towards creating more sustainable and scalable farms on Polywhale β€” with higher rewards, burns and automation.

Why does Polywhale have an edge with higher rewards?

The reason is simple β€” Polygon has the cheapest transaction fees in the space. It is unmatched. And in the case of farming, the transcations cost makes a big difference.

These are the current network fees on exchanges (10th of May):

πŸ’° Fees to trade on @Uniswap (Ethereum): $56 πŸ’΅ Fees to trade on @PancakeSwap (BSC): $0.54 πŸ‘‘ Fees to trade on @QuickswapDEX (Polygon): $0.0002

It is currently 2700x cheaper to trade on Polygon than BSC. It is currently 180000x cheaper to trade on Polygon than Ethereum. The difference is remarkable. And it’s live, right now.

We can compound more frequent than any other project on any other networks because of these low fees, and in turn provide the best yield optimizers for any pool β€” an advantage only available on layer 2 .

Choosing between high rewards and even higher rewards is easy. We are creating the best pools in the space for Sushi, Quick, Aave, Curve & Cometh.

πŸ›  Yield Aggregation - Example

Here is an example of the what our aggregator will do in practice. We will take an example with a future Aave pool that is added to our strategy. Let us take a single asset WETH in this example:

🌈 1️⃣ Aave creates an Aave pool where stakers get Aave as rewards. We add a Aave pool as part of our strategy in our wETH pool. Our wETH pool now earn Aave as rewards in addition to the current KRILL rewards.

🌈 2️⃣ These Aave rewards will not be given out to stakers, but instead used to market buy the the token you are staking. If you stake wETH, 95% of the Aave rewards will be traded for wETH and distributed to you.

🌈 3️⃣ 5% of the Aave will not be given out to stakers as Aave rewards, but will instead be used to buy and burn KRILL. This will add a new permanent burn mechanism to the Polywhale protocol.

🌈 4️⃣ Going forward it will be easier to adjust KRILL emissions if necessary between our pools. The pools are no longer solely dependant on KRILL rewards, and automatic compounding of external pools can give our new rewards.

More KRILL burns with fees. More KRILL burns directly from emissions. More rewards for our users. More pools to integrate. Optimzation doesn't stop.

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