Motivation

The total crypto market, currently valued at 1.615 trillion USD (8/01/2024), is poised for an upward trajectory, anticipated to align with TradFi. Many Decentralized finance protocols have now achieved Product market fit, Crypto market which earlier only interested high risk retail investors is now witnessing a rise in investors looking for consistent APY returns. There has been a lot of buzz in recent times around traditional finance giants coming up with on-chain tokenized funds and other yield generation opportunities for holders of Digital Assets. Prime examples like Blackrocks BUIDL fund and Franklin Templeton's BENJI money market fund. It's clear that the allure of cryptocurrencies and decentralized finance is undeniable, and blockchain is becoming ubiquitous in the world of finance. These major players are stepping into the blockchain arena to harness new liquidity avenues. Simultaneously, on-chain yield-generating strategies are achieving remarkable success, with projects like LIDO managing over $30 billion in staked liquidity. New protocols and chains continue to emerge, each offering unique yield farming opportunities. Many of these opportunities are primarily aimed at retail users who often lack insight into the underlying mechanics and are focused on generating rewards securely. This situation creates a pressing need for algorithmic mechanisms to evaluate, benchmark, and rank these strategies based on performance. It's here that the vision for a decentralized yield market comes into play. Imagine a network where validators serve as impartial intermediaries, autonomously benchmarking and distributing rewards fairly and sustainably, while ensuring user safety and security. This decentralized network would be a crucial innovation to protect the interests of all involved parties. By building such a network, we not only foster transparency and trust in the burgeoning decentralized finance landscape but also democratize access to yield markets, empowering users with safe, secure, and well-informed choices. Now more than ever, a decentralized network designed to uphold fairness and security is the solution the market urgently needs.