Core Features
Unique Features of ChainYield
Cross-chain Bridging
ChainYield enables users to borrow across different chains seamlessly - from Ethereum to Solana. ChainYield effectively eliminates the need for asset bridging, which is traditionally associated with high gas fees.
ChainYield utilizes Wormhole Bridge to perform seamless, cross-chain bridging
Self-Repaying Loans
ChainYield offers a unique financial model where loans are automatically repaid without requiring monthly installments or interest. This system enables users to leverage advances on different yield farming tactics via a synthetic token.
Users deposit collateral into their selected yield farming vault strategy. Subsequently, they have the opportunity to borrow an amount up to 50% of the value of their collateral in synthetic assets. These assets are tradable on decentralised exchanges at prevailing market prices. The yield generated from the initial deposit is utilised to repay the loan.
Borrowers have the option to allow the yield to fully repay the loan over time or to repay the loan ahead of schedule to regain access to their collateral.
High-Yield Vault Strategies
ChainYield aims to partner with industry-leading RWA & perp-dex platforms to maximise yield, through various strategies. Certain vaults will allow users to take out non-liquidatable self-repaying loans that borrow against future earnings, all without risking your collateral.
The current vault that ChainYield has integrated is Kamino Finance.
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