Computer Software - , ,
Yield Wizard is an experimental "yield farming" protocol.The idea is based on APY fundamentals and Automated Market Making. Users deposit cryptocurrency into a liquidity pool with a promise of an Annual Percentage Yield. Instead of being paid out in USD or the currency that is being pooled, the user earns interest paid out in governance tokens. These tokens can later be used to vote how the protocol will function in the future.APY rewards can be customized depending on the currency being pooled, bonuses can even be applied for certain pools to drive more liquidity.By hosting Yield Wizard on the Interplanetary File System or IPFS and executed on the Ethereum Blockchain, YieldWizard is completely decentralized and immutable.