Danogo
  • INTRODUCTION
    • Danogo
    • Litepaper
      • Danogo Fixed Pool Lending
      • Danogo Flexible Pool Lending
  • Follow Us
  • Blogs
    • Cardano Smart Contract Composability Challenges
    • Danogo Multi-Source Oracle Aggregation
    • Handle concurrency in a market crash
    • Fixed Pool Lending Early Adopter Rewards Program
    • Prevent LP Price Manipulation
    • Danogo Flexible Pool Incentivized Testnet
  • HOW TO USE
    • Getting Started
      • Ready with your Cardano Wallet
      • Connecting Wallet
    • Guides
      • Yield Aggregator
        • How to find the most suitable yield products?
        • How to Supply Liquidity?
        • How to Withdraw Liquidity?
        • How to Borrow Tokens?
        • How to Repay a Loan?
      • Danogo Staking Bond
        • How to Borrow ADA Staking Rights?
        • How to Provide Liquidity?
      • Danogo Bond Dex
        • How to buy a Bond at Market price?
        • How to buy a Bond at your desired price (create Buy order)
        • How to sell a Bond at Market price?
        • How to sell a Bond at your desired price? (create Sell order)
        • How to update Sell order (Listing)?
      • Fixed Pool Lending
        • How to Create a Pool
        • How to Create a Loan
        • How To Repay a Loan
        • Top-up Collateral
        • How To Redeem
        • How To Perform Mass Liquidation
      • Flexible Pool Lending
        • How To Supply Assets
        • How To Withdraw Assets
        • How To Borrow
        • How To Modify Loans
        • How To Repay Loan
    • Video Guides
    • FAQ
      • Danogo Dex
      • Danogo Staking Bond
      • Yield Aggregator
      • Fixed Pool Lending
  • Developers
    • Integration
      • How to build transaction to create a fixed rate loan
      • APIs
        • Loan
        • Utility
        • Models
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On this page
  • What is Yield Aggregator?
  • Is it safe to perform transactions on Yield Aggregator?
  • What can I do with Yield Aggregator?
  • Do the Supply APY and Borrow APR change when I supply or borrow?
  • What is the health factor?
  1. HOW TO USE
  2. FAQ

Yield Aggregator

What is Yield Aggregator?

We aggregate data on borrowing and lending deals from the Smart Contracts of various Lending Protocols.

Our platform organizes and sorts this information to display the best available interest rates, helping you make informed decisions easily and efficiently.

Is it safe to perform transactions on Yield Aggregator?

Transactions on Yield Aggregator are safe. All transactions are built and interact directly with the Smart Contract of the protocol you choose.

The transactions you perform on the Yield Aggregator platform can be viewed on the Smart Contract of the corresponding protocol, and vice versa.

What can I do with Yield Aggregator?

With Yield Aggregator, you can supply assets to earn interest or borrow funds against your collateral.

You can withdraw your supplied assets anytime or modify/repay your loan. Any actions you take on the protocol’s DApp are also synced back to Yield Aggregator, ensuring seamless integration.

Do the Supply APY and Borrow APR change when I supply or borrow?

It depends on the protocol you choose.

In some lending protocols (such as Liqwid, Lenfi), the Supply APY and Borrow APR change based on the balance between the amount of assets supplied and the amount borrowed, known as the utilization rate:

  • This rate is dynamic and can adjust over time based on the overall supply and borrow within the lending protocol. As more people supply or borrow assets, the rates are updated to reflect the current market conditions.

For other protocols (such as Danogo, Optim, etc.), the supply APY and borrow APR will be fixed after you supply/borrow.

What is the health factor?

The health factor is a measure of how safe your loan is compared to the collateral you have provided.

  • High health factor: Your loan is safe, with a low risk of being liquidated.

  • Low health factor: Your loan is at higher risk; if the value of your collateral decreases or your loan amount increases, you could be liquidated.

    • Most lending protocols start liquidation when the health factor reaches 1.

Simply put, keeping a high health factor helps you avoid losing your collateral when the market fluctuates.

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Last updated 2 months ago