Yield Yak
Yield Aggregator
Yield Yak is a DeFi platform on Avalanche that helps users auto-compound their farming rewards
Risk Rating
Watch Out
Protocol Code Quality
Protocol Maturity
Protocol Design
Summary
Information
Exploit/Hacks
None
- Documentation
- Auditors
- Please see our FAQ on experienced auditors
Info
- Website
- Token: YAK
- Tags: Yield Aggregator
Key Metrics
- TVL: $29.6M (Rank #110)
- TVL Ranking by Yield Aggregator: #6
- Blockchain: Avalanche, Arbitrum
- Chain TVL
- Avalanche: $28.28M
- Arbitrum: $1.28M
Risk Assessment
Watch Out
Protocol Code Quality
- Code reviewed by at least one experienced auditor
- Anonymous team reduces transparency
- No documented protocol hacks since launch
Protocol Maturity
- Latest protocol version launched in 2022; maturity over one year minimizes technical risk as smart contracts are well battle-tested
- Top 20% by total value locked slightly reduces risk
- Multisig wallet controls protocol upgrades
- Multisig consists of less than 4 signers, which makes the protocol more susceptible to centralization risks
- Timelock is less than 48hrs, which provides users with less time to exit if any malicious upgrades are approved
- Low voting power concentration reduces risk
Protocol Design
- No death spiral concerns
- This protocol is susceptible to risks related to yield optimizers which deploy custom strategies to automatically manage user funds
Things to know about Yield Yak
Yield Yak Pools
