Karvest
Programmatic harvesting of lending and staking rewards and their herding to stablecoins or reinvestment as a fierce bull
Karvest
Created At
Winner of
Gnosis Chain - Innovate on Gnosis Chain
Prize Pool
CoW Protocol - Creative CoW Hooks 1st Place
Project Description
In the pasture of DeFi, Karvest ensures that not a single payday goes amiss. Programmatically it cowllects your rewards from lending and staking protocols. The rewards are then herded as stablecoins in your vault, or restaked as a fierce bull. For example, Gnosis token obtained from staking can be monthly collected and restaked.
How it's Made
The project primarily uses Cowswap hooks, programmatic orders and safe fullback functionalities Their combination for regular payout in a functional demo is a particularly technical hack. Among the steps, a smart contract is deployed to prepare for the orders, authorization for claiming the tokens given, swap orders are emitted.. The interface takes the form of a react safe app that can be used from a safe vault.
