Platform Overview
Anonymous DEFI is a decentralized finance (DeFi) platform where users can:
- Pool funds for yield farming and staking.
- Leverage their assets for higher returns.
- Lend and borrow within the platform.
- Interact with existing DeFi protocols (e.g., Aerodrome) to maximize earnings.
This platform will accept only decentralized cryptocurrencies, avoiding KYC and regulatory hurdles, and offering a fixed APR that is lower than what third-party platforms offer. The platform profits from the difference.
Core Features
Fund Pooling and Yield Farming
- Users deposit funds (e.g., USDT, ETH, SOL) into a smart contract.
- The smart contract automatically routes funds to third-party platforms like Aerodrome to earn yield.
- Users are offered a fixed APR lower than the actual APR, and the platform earns the difference.
Leverage
- Integrates leveraged yield farming through platforms like Alpha Homora or Aave.
- Users can farm with borrowed assets to amplify their returns, increasing yield but also risk of liquidation.
Staking and Lending
- The platform offers staking opportunities where users can lock up tokens to earn rewards.
- Users can also lend their assets or borrow from the liquidity pool, earning interest based on a decentralized lending protocol (like Aave or Compound).
Decentralized-Only (DeFi) Deposits
- The platform accepts only decentralized cryptocurrencies (USDT, ETH, SOL, etc.) to avoid KYC or regulatory oversight.
- No fiat integration to ensure compliance with DeFi standards and avoid traditional financial regulations.
Architecture and Components1. Smart Contracts
- Yield Farming Contract:
- Accepts user deposits.
- Routes liquidity to third-party platforms like Aerodrome for yield farming.
- Automatically collects yield and returns a portion to users based on the fixed APR.
- Skims a portion of the APR (the difference between offered APR and actual APR) as platform profit.
- Leverage Contract:
- Uses lending platforms like Aave to borrow assets on behalf of users, leveraging their yield farming.
- Manages liquidation risks by monitoring collateral ratios and interacting with the borrowed funds on DeFi platforms.
- Staking Contract:
- Allows users to lock their funds into a staking pool to earn rewards over a set period.
- Lending/Borrowing Contract:
- Enables users to lend their tokens and borrow assets from the liquidity pool.
- Interest rates are determined dynamically based on supply and demand.
2. Frontend (User Interface)
- Wallet Integration:
- Use libraries like Web3.js, Ethers.js, or WalletConnect to integrate popular wallets like MetaMask, Phantom, etc.
- Users should be able to connect their wallets and view their deposits, earnings, and APR directly on the interface.
- Yield Dashboard:
- Display current investment pools (e.g., USDT Pool, SOL Pool, ETH Pool), showing the APR users will earn, along with the projected returns based on their deposit.
- Users can track their staked assets and earned interest.
- Leverage Options:
- Allow users to select how much leverage they want to apply to their farming activities. The UI should display both potential earnings and risks (liquidation threshold).
- Staking and Lending Section:
- Users can stake their tokens in return for rewards, or lend their assets for a passive interest rate.
- Borrowers can select assets to borrow and view interest rates, along with liquidation thresholds.
3. Backend (Business Logic)
- Yield Routing:
- Set up automated systems that route pooled funds to yield-generating platforms like Aerodrome, Aave, Compound, or others based on the user's choice or platform optimization.
- Leverage Management:
- Borrow assets from lending platforms on behalf of the users and automatically apply leverage to their yield farming.
- Constantly monitor collateralization ratios and liquidate positions if necessary to avoid losses.
- Profit Calculation:
- Calculate the yield earned from external platforms and distribute it to users based on the fixed APR.
- Retain the difference between the platform APR and the external APR as profit.
- Fee and APR Management:
- Charge a performance fee or transaction fee on deposits or withdrawals to generate additional revenue.
- Set APRs dynamically but always lower than the actual APR on the external platforms to maintain profitability.
4. Backend Infrastructure (APIs and Automation)
- API Integration:
- Use third-party APIs (e.g., Aerodrome, Aave, Compound) to interact with DeFi platforms, allowing fund routing and yield generation in real-time.
- Automation:
- Automate yield collection, staking, lending, and profit-taking on behalf of users using smart contracts.
- Blockchain Interaction:
- Use Infura, Alchemy, or similar providers to handle blockchain interactions with minimal latency.
- Use WebSocket APIs to receive live data feeds from the blockchain and ensure timely execution of leveraged position
Technology Stack
- Frontend:
- React.js/Next.js: For building a responsive user interface.
- Web3.js or Ethers.js: For wallet integration and blockchain interactions.
- GraphQL: For fetching blockchain data.
- Backend:
- Node.js: For building the API and business logic.
- MongoDB/PostgreSQL: For storing user data (transactions, deposits).
- Infura/Alchemy: For interacting with the blockchain.
- Smart Contracts:
- Solidity (for Ethereum-based smart contracts).
- Rust (for Solana-based smart contracts).
- Security Tools:
- CertiK or OpenZeppelin Contracts: For security best practices and audit-ready code.
- Multi-Signature Wallets: Use tools like Gnosis Safe for multisig security.
Final Notes for Your Programmer
- Focus on security and ensure the system is decentralized to avoid regulatory issues.
- Smart contracts should automate most processes, from fund routing to profit-taking and APR distribution.
- Keep the user interface simple and transparent, allowing users to easily see their deposits, APRs, and leveraged positions.
- All deposit, staking, and yield collection processes must be fully decentralized, ensuring no reliance on central entities or fiat.