Yield for Good
A Philanthropic Yield Farming Platform that allows users to turn their crypto farming rewards into donations for good causes.
Project Description
Self-Funding Donations
Yield for Good is a revolutionary blockchain project aimed at harnessing the power of DeFi (Decentralized Finance) to make a real-world impact on charitable causes. In the world of DeFi, users are constantly seeking ways to generate passive income by staking their assets, like ETH, USDC, or other yield-bearing tokens. Our innovative platform allows users to turn their crypto earnings into a force for good and receive contribution certificates in the form of soulbound NFTs.
How it's Made
Technical Characteristics
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Fully-decentralized dApp built in Solidity
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Compliant and easy to connect with any ERC-4626 Tokenized Vault
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Deployed on 8 Blockchain Networks
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On-chain soulbound ERC-5129 NFTs issued as contribution certificates
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NextJS and ConnectKit used for the web client
Key Features
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Yield Staking: Users can stake their yield-bearing tokens, such as ETH or USDC, into our smart contracts. These funds are then used for yield farming, generating additional income.
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Couse Selection: The beauty of Yield for Good is that users have the power to direct the generated yield towards their chosen caouse or charity program.
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Risk-Free Giving: Users are not risking their initial capital; they're contributing only the generated yield to charitable causes. This approach enables users to be philanthropic without any financial downside.
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NFT Contribution Certificates: When a user decides to stake their contribution, they receive a unique NFT certificate. This certificate acts as a digital badge of honor, representing their act of philanthropy.
