Description

Use credit delegation from Aave to maximized returns to users who has idle borrowable power and does not know what to do with it. We handle it smoothly! We use SuperFluid to distribute yield rewards back to users in a pro rata manner. We deployed on polygon to leverage low gas fees and creative DeFi strategies.

Delegate.fi showcase

How it's made

By using AaveV2 credit delegation feature we access idle capital and let users do leveraged yield farming with different strategies and autocompounding. We issue a Dividend Rights Token every time a user delegates their credit to us and register them to a SuperFluid instant distribution agreement. In the end users receive a cash flow of DAIx. We plan on creating a Karma system for uncollateralized loans and SuperFluid wrappers for DeFi yield farming strategies to stream in and out of them.

Technologies used

AavePolygonSuperfluid