DefiSpell
People
Description / What is your motivation?
Defi is providing a growing number of ways to invest, lend/borrow, generate yield, hedge etc. There are a lot of permutations possible due to composability of Defi but there is no easy way to curate and share them. A "spell" is a user contributed strategy to optimize the returns generated by different DeFi protocols and assets. Example spell for "Exposure to ETH while bearish on BTC" would suggest minting Synthetix sUSD using ETH as collateral and swapping it for iBTC while staking it for rewards. The web interface will allow users to browse strategies or submit one. Twitter is a popular place where users already share their strategies and mentioning @defispell will allow users to automatically link it to existing spells or generate new ones.
Team Story
Subtheme
Manager
Track
PoC (Website / Inpso / Deck)
📣 How can KB2 help? Anything goes.
Last updated on
Feb 7, 2021
Primary Track
Project (Yes)
Investable?
Mentor Connection?
My Tag
Stage | Important facts
Idea
Stewards Actions?
- Connect them with Croco Finance & DeFiFlow.
Related to KB2 Fellows (Related to Copy of KERNEL Adventures (People) 1)
Stewards Thoughts!
Status