hackquest logo

yielDrift

Multi Strategy Yield Bearing Stablecoin - makes your yield never sleep

비디오

기술 스택

Web3
Solidity
React
Next

설명

Description

Forget yield platforms with interruptions or complex cycles. YieldDrift changes the game. This automated stablecoin yield platform operates continuously (via a "rolling epoch"), powered by multiple strategy managers working in parallel. Performance is evaluated periodically without disrupting vault operations, and robust "slashing" secures users against underperformers. YieldDrift isn't just another platform—it's your solution for optimized, secure, and truly always-on stablecoin yield.

Goal

To build a yield-automated stablecoin platform that operates continuously (rolling epoch), managed by multiple strategy managers working in parallel based on the amount of restake supporting them. Evaluation and rebalancing are conducted periodically without interrupting vault operations.

Rolling Epoch (Always On)

  • No monthly re-registration.

  • Each strategy manager continues as long as they are supported by restake.

  • The system takes a snapshot of yields per period (e.g., every 30 days) for distribution and history tracking.

Periodic Evaluation & Slashing

At the end of each period:

  • Strategy performance is evaluated (yield, risk, deviation from the proposal).

  • Underperforming or malicious managers are slashed— part or all of their restake is reduced.

  • Slashed restake is redistributed to vault users as compensation (protection mechanism).

Strategy Updates

  • Managers may propose strategy upgrades during evaluations.

  • Transparency required: new strategy details, risk profile, target yield.

  • Restakers can withdraw support if they disagree → restake shifts to other managers → market-driven validation.

Updated Platform Structure

1. Stablecoin Vault

  • Deposits: USDC, IDRX, EUROC

  • Withdrawals: USD++, IDRX++, EUROC++

  • Yield generated by multiple active strategies

2. Strategy Managers

  • Manage a portion of TVL proportional to their total restake.

  • Can receive restake from themselves or the community.

  • Remain active as long as they meet the minimum restake threshold.

3. Restakers

  • Choose managers to support based on reputation and performance.

  • Can switch support at any time (takes effect in the next epoch).

  • Earn a share of fees based on the performance of supported managers.

New Features Supporting This System

- Continuous Vault Execution → funds stay active, strategies run non-stop.

- Epoch-Based Evaluation Engine → regular performance-based evaluations.

- Slashing & Redistribution Module → penalizes bad managers, protects users.

* Strategy Registry → public log of all strategy versions run by managers.

* Restake Migration Tool→ seamless UI for switching restake support.

Fund & Yield Distribution (Still Applies)

  • Funds managed by each manager = proportional to total restake.

  • Yield distribution per epoch

Additional Advantages of This New System

  • Non-stop Operation: No freeze periods → maximum efficiency.

  • Performance-Based Evaluation: Natural selection and healthy incentives.

  • Slashing Protects Users: Restake acts as an insurance pool.

  • Evolving Strategies: Supports continuous innovation.

📍 You can access our live application here

https://yielddrift.vercel.app/

해커톤 진행 상황

🚀 Progress update from our team at #PharosHackathon! We’re moving forward with building MoveFlow Subscriptions — a fully on-chain recurring payment solution using USDT/USDC on the Pharos network. Here’s what we’ve completed so far: ✅ Developed the frontend for an easy-to-use dashboard ✅ Built a smart contract integrated with AVS for secure subscription management ✅ Integrated the website seamlessly into the Pharos chain for smooth transaction processing. Next, we’re focusing on relayer payments and preparing a demo on devnet!

자금 모금 상태

Not raised any funds, but actively looking to raise.
팀 리더
EEnpece ugm
프로젝트 링크
부문
RWA