Introduction The main problem with centralized infrastructure is that there will always be a single point of failure within the system; when the centralized service provider goes down, the platforms and products that rely on the service provider become unusable and inaccessible. Of course, smart contracts are always available while the…

Today we are thrilled to announce ppTORN — a vault that allows users to maximize $TORN staking returns thanks to PowerPool’s auto-compounding algorithm. How does it work? ppTORN is a smart contract that aggregates user deposits into the tornado.cash governance staking contract. The ppTorn vault harvests and auto-compounds $TORN rewards (protocol fees); ppTORN uses…

During the recent month, there was a lot of stuff going on in PowerPool, mainly on the development and R&D side. This article shares what is going on in the project with the community. A strategic focus on smart automated products We published two papers on LUSD Balancer v2 pool[1],[2]. This product is a combination of StableSwap…

Abstract This article is an update to the previously published LUSD-staBAL Balancer v2 pool model. In a recent publication, we demonstrated the possibility of creating a StableSwap AMM pool offering substantial yield by staking tokens in third-party contracts, resulting in ~10.7% APY after protocol fees. However, after exploring yield opportunities in…

This pool fully utilizes Balancer v2 architecture and PowerPool automated asset managers offering ~12% APY without any additional rewards Note: recently we published a significant update to this model. It utilizes the Balancer Boosted Pools and offers much higher APY. Summary Hypothetical LUSD-staBAL StableSwap built on top of Balancer v2/Liquity/PowerPool generated…

Upcoming products, plans, and the DAO Key takeaways: PowerPool in 2022 is a DAO managing an on-chain automation network (PowerAgent, which already operates >1 year) and building products on top of it. Mindmap: Automation network -> Vaults or simple automated strategies -> baskets/indices or complex automated strategies We will expand…

The next level of abstraction for asset management in structured products Introduction DeFi’s holy grail is the opportunity to use assets for generating staking yield by leveraging “DeFi lego” composability. And it is not surprising — imagine that it is possible to get all at once: (1) the asset itself and…

In this article we share the latest developments and future plans The most recent PowerPool team activity Our most recent activity was related to upgrading existing products, prototyping new ones, and collaboration with new Defi ecosystems. Our vision for PowerPool is multichain. As we think, PowerPool protocol should offer two essential products on each chain where…

Binance Smart Chain, Near Protocol, Avalanche, Polygon, Fantom, Solana PowerPool products started with four Ethereum-based structured investment products — PIPT, YETI, ASSY, and YLA. However, the last eight months proved that the future of Defi is multichain. PowerPool’s future is multichain. During summer, we developed a new vision for the…