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Concentrator
Yield
Concentrator by Aladdin DAO is a yield optimization protocol that boosts Convex vault returns by auto-compounding rewards into top-tier tokens like aCRV and aFXS. Users deposit Curve LP tokens and earn simplified, high-efficiency yields in wrapped tokens that grow over time.
Risk Rating
Average
Protocol Code Quality
Protocol Maturity
Protocol Design
What is Concentrator?
Information
Exploit/Hacks
None
- Documentation
- Auditors
- Please see our FAQ on experienced auditors
Info
- Website
- Tags: Yield
Key Metrics
- TVL: $119M (Rank #112)
- TVL Ranking by Yield: #8
- Blockchain: Ethereum, Ethereum
- Chain TVL
- Ethereum: $129.57M
- Ethereum: $119.04M
Risk Assessment
Average
Protocol Code Quality
- Code reviewed by several experienced auditors; SECBIT
- 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 at least 4 signers, which means the protocol is less susceptible to centralization risks
- No timelock exists or no information documented, which mean a malicious actor could approve upgrades without any delay
- No governance token and/or contracts are fully immutable
Protocol Design
- Robust controls to mitigate oracle price manipulation
- This protocol is susceptible to risks related to yield optimizers which deploy custom strategies to automatically manage user funds
Things to know about Concentrator
Concentrator Pools
