The time has come to announce the launch of YieldWard– the second OApp in the Warden ecosystem!
YieldWard is a revolutionary smart yield generator that automates and optimizes your earnings across multiple protocols. As of today, you can use YieldWard to simplify your yield farming and staking strategies, while benefiting from effortless management, decentralized security, and optimized returns.
YieldWard’s initial deployment lets you stake ETH, USDC, USDT and WARP.
By staking one or more of these assets on YieldWard, will receive a base level yield, and a boost in WARP yield that compounds your overall returns. Upon withdrawing from YieldWard, your yields are paid in both the involved pool’s yield currency and WARP tokens.
By staking your assets on YieldWard, you will also receive YieldWard Liquidity Provider Tokens. These LP tokens serve as a built-in reward mechanism that facilitates transactions between different types of currencies on YieldWard, ensuring the active, uninterrupted exchange of crypto assets through YieldWard.
Note: You can only unstake, receive LP tokens and claim your rewards after YieldWard goes live on Warden’s upcoming mainnet. (more details soon!)
In addition to the assets above, YieldWard also lets you stake WARP tokens. We encourage you to get involved—YieldWard users receive a 20% bonus in WARD once Warden Protocol’s mainnet launches, on top of the 1:1 WARD airdrop all WARP holders will receive!
WARP is the native token underpinning YieldWard's growing ecosystem.
With WARP, users can:
Participate in YieldWard governance decisions
Maximize their yield potential
Repay future loans instantly and cost-effectively
Increase their exposure to WARD (1 WARP held gives 1 WARD at TGE, and 1 WARP staked give 1.20 WARD at TGE)
Currently, Warden users can earn WARP by completing various on-and-offchain Quests on Warden. Be sure to take advantage of these opportunities—once Warden’s mainnet launches, WARP holders will receive a 1:1 WARD token airdrop, on top of your YieldWard yield and WARP staking rewards! Staking WARP on YieldWard gives a 20% bonus
To get started, simply visit YieldWard and connect your web3 wallet.
You can find more details on how to stake and manage your stake & rewards in the YieldWard Help Center.
By offering you an automated, cost-effective, and secure way to generate yield across multiple blockchain protocols, YieldWard is making DeFi more intuitive and interoperable than ever.
The above only represents the tip of the iceberg, in terms of what YieldWard is ultimately designed to offer you, and we will continue to integrate new assets across different chains on a rolling basis. And each new development will give you more powerful ways to leverage WARP and the Warden Protocol, as you optimize your DeFi earnings across an increasingly omnichain space.
Interested in learning more? Check out YieldWard’s technical documentation here and follow YieldWard on X, here.