๐Ÿง Vault Strategies

Introducing our Vault Strategies

Weโ€™re excited to bring you our new strategy vault functionality, which should improve the experience of using Y2K markets.

What are strategies?

Strategies are vaults that have configured settings to interact with Y2K markets. This might be deposit funds to all collateral markets or only deposit funds to premium markets with >10x ROI. They let our community deposit their funds into these uniquely configured vaults and every week the strategy will be carried out for the vault without any extra management.

This should mean you can auto-compound returns by default, access multiple markets without any management, and use deposit tokens of your choice to interact with Y2K markets.

Why are we excited about strategies?

There are tons of ways to use Y2K right now. Some community members want the highest multiple premium markets, others do the same for collateral, thereโ€™s the safe players who deposit to the same market(s) every week, and hedgers using Y2K with their LP positions.

By using strategies, we think our community can access the markets they want every week without the extra management overhead. If you want the highest yield every week, deposit into the high yield strategy, if youโ€™re looking for blue chip stables such as USDT, FRAX, and DAI then weโ€™ll have a vault for that, or if you want an auto-compounding USDC collateral position then youโ€™ll have the ability to do that.

All of the vaults just require a single deposit and they will keep working every week. Plus our team will be shipping unique managed strategies using data about our markets to selectively choose the best risk adjusted yields.

Theyโ€™re a simpler way to interact with markets and let your funds work without the added work.

Benefits Overview

Weโ€™ve built the strategy vaults to make interacting with Y2K markets simpler for our community and to add additional functionality that should improve your overall experience.

Benefit 1 - Access Multiple Markets with no management

One of the main benefits of the strategy vaults is the ability to deposit funds into a single vault and gain access to multiple markets via the strategy. A strategy may be focused on providing collateral to USDC, FRAX, and DAI markets which you can select and every week your funds will be deposited to those markets.

This means you will be able to deposit funds and leave the strategy to work every week without any management on your behalf.

Benefit 2 - Auto-compound returns

The strategy vaults use all of the proceeds from each week and reinvests them into the next week's markets. This means without any management you can deposit funds to the vault and your winnings will be compounded every week.

Benefit 3 - Deposit with token of your choice

Our strategy vaults have special functionality that will let you deposit any token of your choice that will be used to earn yield. To do this, we will take your chosen token such as ARB, borrow WETH from a lending protocol like Aave, and use the borrowed WETH to invest in Y2K markets.

This will mean with time, our community could use any asset that is supported by a lending market as a deposit asset such as GMX, PENDLE, AAVE, and more.

Benefit 4 - Custom hook functionality

We have built hooks into our strategy vaults which will allow us to add more custom functionality to Y2K vaults in the future. This might be logic that lets you harvest yield on an LP position to buy premium on Y2K markets or things that are a bit more spicyโ€ฆ

Hooks let our team and external developers deploy contracts with custom logic that can then interact with Y2K markets.

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