yielDrift

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.

Quick Link https://yielddrift.vercel.app/