Yeti Finance
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Protocol Partnerships

In this page, we will briefly outline each of Yeti’s current protocol partnerships, so new and current users can review how we work and integrate with other protocols.
Aave V3 Integration
Aave is a decentralized lending protocol where users can provide liquidity to lending markets to earn a passive income.
With our Aave integration, we allow users to collateralize and borrow against the over $1B of assets deposited on Aave for 0% interest which includes: aWAVAX, aWETH, aUSDC, aUSDT, aDAI.
The aToken is a representation of an asset that is deposited into the Aave protocol. An aToken is given to the depositor in exchange for supplying the corresponding asset to Aave and functions to accrue value relative to the original asset through the token’s interest rate.
Depositing any Aave assets into the Yeti Finance protocol unlocks a wide range of yield-farming strategies such as high leverage stablecoin farming. Depositors gain deep, immediate liquidity through being able to borrow against their yield-bearing aTokens at up to 11x leverage on non-stablecoin assets and 21x on stablecoin assets for 0% interest fees.
Users who deposit Aave V3 assets into Yeti Finance continue have their farming and supplier rewards that the aTokens accrue automatically auto-compounded and re-deposited in their trove.
BENQI Finance
BENQI is a decentralized lending protocol where users can provide liquidity to lending markets to earn a passive income. BENQI also offers liquid staking wheich allows users to stake AVAX through BENQI to receive an equivalent value, liquid token called sAVAX.
With our BENQI integration, we allow users to collateralize and borrow against the $450M of assets deposited on BENQI for 0% interest which includes qiUSDC, qiAVAX, qiUSDT, qiDAI, qiWBTC, qiWETH, and sAVAX.
The QiToken is a representation of an asset that is supplied to the BENQI protocol. It is given to the depositor for supplying assets to the protocol and functions to accrue value relative to the original asset through the token’s interest rate.
Depositing any Qi assets into the Yeti Finance protocol unlocks a wide range of yield-farming strategies such as high leverage stablecoin farming. Depositors gain deep, immediate liquidity through being able to lever up their position on these yield-bearing qiTokens at up to 11x leverage on non-stablecoins assets and 21x on stablecoins assets for 0% interest fees.
Users who deposit BENQI assets into Yeti Finance continue have their farming and supplier rewards that the aTokens accrue automatically auto-compounded and re-deposited in their trove.
Trader Joe
Trader Joe is a one-stop-shop decentralized trading platform native to the Avalanche blockchain. Users can maximize yield generating activities under one fully integrated roof, providing them with a unique, innovative, and highly accessible DeFi experience.
Yeti Finance has integrated with a broad range of Trader Joe assets such as JLPs and JOEThe integration of these assets onto the Yeti Finance platform, unlocked the deep & innovative utility offered by Yeti Finance, to leverage up to 11x with 0% interest fees.
Users can deposit and borrow against the following Trader Joe assets: USDC/AVAX JLP WETH/WAVAX JLP JOE, which is converted to sJOE via Yeti Finance
Read more about this partnership here
Platypus Finance
Platypus Finance offers a first-in-market asset liability management (ALM) model and single-token provision to DeFi. It eliminates impermanent loss for liquidity providers and minimizes slippage to achieve maximum capital efficiency. Yeti is impressed by the whole new kind of automated market maker (AMM) that Platypus has brought to the Avalanche ecosystem. We are convinced that Platypus’ design and willingness to support innovative protocols aligned perfectly with our vision. This is why we made the decision to begin transition liquidity incentives from our 400M Curve Pool to Platypus beginning May 10, 2022.
As of May 10, 2022, users have been able to deposit YUSD and USDC into the YUSD-USDC pool that is jointly incentivized by both Yeti and Platypus. Platypus committed 12% of their total emissions to our pool. Users are able to enjoy the benefits of Platypus which include lower slippage, single sided staking, and a user friendly interface.
Read more on this partnership here and swap YUSD for USDC here.
Chainlink
Yeti has integrated Chainlink Price Feeds on Avalanche mainnet. By integrating the industry-leading decentralized oracle network, Yeti Finance has access to high-quality, tamper-proof price feeds needed to help ensure protocol solvency by enabling the accurate calculation of borrowers’ collateral value.
We chose Chainlink as our go-to oracle solution because its infrastructure is seamless to integrate and time-tested in production. Chainlink already helps secure leading DeFi protocols responsible for tens of billions of dollars in smart contract value, maintaining robust security and high availability even amidst unexpected events, such as exchange downtime, flash crashes, and data manipulation attacks via flash loans.
Read more on this partnership here