👾APY.Finance Weekly Update (8/1 - 8/7) 👾

📈 Progress Remaining for Alpha
Oracles & Pricing
[90% Complete] Chainlink Monitoring
[100% Complete] Oracle Emergency Systems
Portfolio Management
[80% Complete] Gnosis Safe
[70% Complete] Administration & Governance Tools
Security
[90% Complete] Security Audit
[70% Complete] Security Updates
User Interface
[75% Complete] UX Testing
[95% Complete] UX Updates

🔐 Security
Our engineers have spent this week developing security updates based on feedback from the standard smart contract audit draft delivered by Halborn. These changes include remediations to the TVL manager which will support our new method of handling asset allocations with increased automation. We will continue to collaborate with Halborn on addressing any further security updates over the next few weeks before releasing the standard smart contract publicly.

📂 Platform Management
We’ve simplified our method of funding liquidity provisions by developing and integrating a more autonomous and nimble solution for everyday use. This results in a function that is intentionally less powerful, and has less access to the platform, so we can run it more freely, and with a less restrictive multisig than functions that have more power.

🏷 Oracles & Pricing
We are nearing the completion of all major ‘Oracles & Pricing’ developments necessary for Alpha launch. This milestone frees the bandwidth of our engineers to shift their focus toward other avenues of development.

🌐 User Interface
This week, our front-end team has fully integrated our UI feedback system’s pop-up triggers which will display error messages to users. I.E. unsupported network, oracle maintenance, and account notifications. We’ve also remediated any outstanding platform loading bugs by updating the implementation surrounding the management of asynchronous data pulled from smart contracts and updating loading and error states.

Below is a preview of our UI feedback notification system:

👾APY.Finance Weekly Update (8/8 - 8/14) 👾

📈 Progress Remaining for Alpha
Oracles & Pricing
[95% Complete] Chainlink Monitoring
[100% Complete] Oracle Emergency Systems
Platform Management
[80% Complete] Gnosis Safe
[70% Complete] Administration & Governance Tools
Security
[90% Complete] Security Audit
[75% Complete] Security Updates
User Interface
[75% Complete] UX Testing
[95% Complete] UX Updates

🔐 Security
This week, our smart contract engineers continue to collaborate with Halborn on remediations for our ongoing smart contract and financial audits.

Further, our team is implementing individual asset allocations that use our newly developed TVL management system which will be able to directly and autonomously pull TVL values directly from different governance tokens and pools. This new system is developed as part of our roadmap toward more platform automation, which frees the bandwidth of our engineers of constant platform oversight. Finally, over the course of our next development sprint, we will begin developing a proxy contract whitelist of protocols.


🌐 User Interface
Following the completion of the UI feedback system, our front-end team has begun planning the platform’s “Tour Guide” update, which will guide users through the process of yield farming and staking on each page of the new layout. We’ve designed a simpler and more future-proof Tour Guide that will be more resilient to future UI updates.

The Tour Guide is pivotal in introducing new users to yield farming, as our mission with APY.Finance is to provide the simplest and most accessible yield farming experience possible for both new and experienced users.

Our team also continued to update the messaging and implementation of the platform’s transaction flow, resulting in more consistent messaging when interacting with the network. Lastly, we’ve updated our method of displaying growth metrics for a user’s earnings over time to now display values in both USD and percentages.

👾APY.Finance Weekly Update (8/15 - 8/21) 👾

📈 Progress Remaining for Alpha
Oracles & Pricing
[100% Complete] Chainlink Monitoring
[100% Complete] Oracle Emergency Systems
Platform Management
[80% Complete] Gnosis Safe
[75% Complete] Administration & Governance Tools
Security
[90% Complete] Security Audit
[80% Complete] Security Updates
User Interface
[75% Complete] UX Testing
[95% Complete] UX Updates

🔐 Security
This week, our smart contract engineers have scoped out all remaining remediations for our standard smart contract audit currently being conducted by Halborn. All other findings have already been remediated, or have a specific plan of action in place to tie off any loose ends, and complete the smart contract audit in preparation for its public release.

📂 Platform Management
Following the completion of platform development pertaining to TVL management, our team has also completed preliminary asset allocation integrations for the following pools:

Aave
- DAI
- USDC
- USDT

Curve pools
- 3pool
- AAVE
- alUSD
- BUSDv2
- Compound
- FRAX
- Ironbank
- LUSD
- MUSD
- sAAVE
- sUSDv2
- USDN
- USDP
- UST

The platform will now be able to track these pools, and mainnet testing regarding the integration of Curve and AAVE is underway. Lastly, will begin deploy funds to begin testing strategy deployment, and the tracking of deployed funds and earnings over the course of this week.

👾APY.Finance Weekly Update (8/22 - 8/28) 👾

📈 Progress Remaining for Alpha
Oracles & Pricing
[100% Complete] Chainlink Monitoring
[100% Complete] Oracle Emergency Systems
Platform Management
[80% Complete] Gnosis Safe
[80% Complete] Administration & Governance Tools
Security
[90% Complete] Security Audit
[85% Complete] Security Updates
User Interface
[75% Complete] UX Testing
[95% Complete] UX Updates

🔐 Security
This week, our smart contract engineers have continued to progress on smart contract audit remediations, specifically surrounding the various granted permissions of the system. By more strictly defining the available actions of the day to day management of the yield farming platform, we are now able to allow our governance to define how, and in what ways, the protocols are controlled. This also helps mitigate potential risk in the case of a compromised account.

Further, our engineers have begun developing our proxy contract whitelist and a proxy LP account, which simplifies interactions between protocols. This allows us to maintain flexibility and security while the platform interacts with protocols by reducing the points of external interaction.

🌐 User Interface
Our front-end team has spent this week continuing to iterate on the platform’s tour guide, including updating its compatibility with the new platform layout. Further, we’ve added additional notifications to the system regarding Liquidity Mining claiming which will display more specific information when users attempt to claim earned $APY rewards.

Finally, our team continues to work on platform responsiveness across different devices and screen sizes, ensuring a streamlined user experience regardless of hardware used, as we intend to deploy a yield farming platform that caters to all users.

APY Token Farming
Uniswap Pool*
TVL: $3,669,363.36
APY: 29.23%

Balancer Pool*
TVL: $2,830,165.28
APY: 37.93%

APY DAI/USDC/USDT Liquidity Mining*
TVL: $32,460,979.09
APY: 15.81%

*As of 9/2/21, 7:04pm EST

👾APY.Finance Weekly Update (8/29 - 9/4) 👾

📈 Progress Remaining for Alpha
Oracles & Pricing
[100% Complete] Chainlink Monitoring
[100% Complete] Oracle Emergency Systems
Platform Management
[85% Complete] Gnosis Safe
[85% Complete] Administration & Governance Tools
Security
[90% Complete] Security Audit
[85% Complete] Security Updates
User Interface
[75% Complete] UX Testing
[95% Complete] UX Updates


🔐 Security
This week, our team has completed core implementation and testing for an LP account proxy contract. This proxy contract acts as a filter, preventing any compromised admin accounts from accessing certain platform controls and reducing the attack surface of this type of black swan event.


Our engineers have also begun development and integration for our protocol whitelist with an established design and core contracts completed. Over the course of the next week, our engineers will also complete Zap integrations for various integrated Curve pools.

📂 Platform Management

Governance proposals for the initial pool of farms from evaluated Aave and Curve pools will be hosted on our Snapshot page over the coming weeks. Stay tuned for more information on how $APY token holders can participate in governance votes. Additionally, users can suggest additional farms for evaluation and future proposals here.

APY Token Farming
Uniswap Pool*
TVL: $3,476,307.10
APY: 28.65%

Balancer Pool*
TVL: $2,443,341.00
APY: 40.76%

APY DAI/USDC/USDT Liquidity Mining*
TVL: $27,538,568.08
APY: 21.63%

*As of 9/9/21, 12:52pm EST

👾APY.Finance Weekly Update 9/5 - 9/11) 👾

📈 Progress Remaining for Alpha
Oracles & Pricing
[100% Complete] Chainlink Monitoring
[100% Complete] Oracle Emergency Systems
Platform Management
[90% Complete] Gnosis Safe
[85% Complete] Administration & Governance Tools
Security
[90% Complete] Security Audit
[90% Complete] Security Updates
User Interface
[80% Complete] UX Testing
[95% Complete] UX Updates

🔐 Security
Our smart contract engineers have completed Zap integrations and core testing for the following Curve pools:
- 3pool
- AAVE
- alUSD
- BUSDv2
- Compound
- FRAX
- Ironbank
- LUSD
- MUSD
- sAAVE
- sUSDv2
- USDN
- USDP
- UST

These integrations will allow us to dynamically jump in and out of the aforementioned pools, and allow only permitted actions which we’ve thoroughly vetted, tested, and registered with the platform’s LP account.

Further, as a result of security updates in response to our ongoing security audit with Halborn, our team has further secured and simplified the deployment process. As a result, we can now run deployments through Gnosis Safe, reducing vulnerabilities we may have been exposed to previously.

Finally, our engineers have implemented the core framework for swap functions using Uniswap V3 which autonomously swaps farmed reward tokens with stablecoins, which are then autocomponded and reinvested.

📂 Platform Management
Next week will mark a significant milestone for the platform as we will hand over various proposals to the platform’s governance where $APY token holders will be able to vote on nominated and vetted farms to integrate within the Alpha build upon release. Keep an eye on our Snapshot page and next week’s update to learn how token holders can participate in upcoming governance votes.

🌐 User Interface
This week, our front-end team has completed the homepage’s Tour Guide, a step-by-step walkthrough for users new to the platform. Next week, our team will complete the Tour Guide for staking and yield farming pages, ensuring consistency and relevancy for each user and their specific on-page actions. Stay tuned for a preview of the Tour Guide in next week’s Weekly Update.

APY Token Farming
Uniswap Pool*
TVL: $3,650,294.73
APY: 23.93%

Balancer Pool*
TVL: $2,699,388.23
APY: 40.47%

APY DAI/USDC/USDT Liquidity Mining*
TVL: $40,060,752.46
APY: 16.43%

*As of 9/16/21, 12:56pm EST

👾APY.Finance Weekly Update 9/12 - 9/18) 👾

📈 Progress Remaining for Alpha
Oracles & Pricing
[100% Complete] Chainlink Monitoring
[100% Complete] Oracle Emergency Systems
Platform Management
[90% Complete] Gnosis Safe
[90% Complete] Administration & Governance Tools
Security
[90% Complete] Security Audit
[95% Complete] Security Updates
User Interface
[85% Complete] UX Testing
[95% Complete] UX Updates

📂 Platform Management
We are excited to announce a major milestone for APY.Finance and its first major leap in decentralization. The first wave of initial governance proposals are now listed on our Snapshot page where $APY governance token holders can vote to decide if these pools should be included in our initial yield farming robo-advisor’s farm pool. We’ll have more proposals listed each week leading up to Alpha launch and beyond.

Head on over to our Snapshot page to vote on the initial wave of proposals now.

🔐 Security
This week, our smart contract engineers have implemented autocompounding functions for earned reward tokens from liquidity distributed to CRV pools. When we distribute pooled liquidity from the APY.Finance yield aggregator, the aggregator will earn reward tokens for these pools and autonomously swap them into stablecoins which can be seamlessly redistributed.

Autocompounding

This autocompounding implementation solves many challenges individual users would face when claiming reward tokens from various pools. Each pool has multiple sources of yield, I.E. Curve’s transaction fees and reward tokens (CRV + any additional tokens their protocol works with). Having different types of earned reward tokens can be difficult to aggregate, and often come with costly gas fees. Our autocompounding feature mitigates these issues and the rewards are automatically redistributed without any manual user input.

Further, while reviewing our security updates in an effort to protect us against malicious sandwich attacks, our engineers have begun implementing smart order liquidity routing which optimizes potential slippage when making large movements of capital from one pool to another

🌐 User Interface
The front-end Tour Guide which will serve as a tutorial for users new to APY.Finance, and an accessible introduction to yield farming, is now complete for the platform’s staking page.

Remaining development for the tour guide necessary for Alpha launch are minor responsiveness optimizations, ensuring consistency and stability for users throughout different hardware devices and browsers. You can expect a more thorough demo of the Tour Guide in the coming weeks.

Below is a preview of the tour guide where you can view the Tour Guide toggle and its first steps in walking users through the process of providing liquidity and staking to earn $APY tokens.

APY Token Farming
Uniswap Pool*
TVL: $3,963,227.21
APY: 35.64%
Balancer Pool*
TVL: $3,177,053.60
APY: 44.44%
APY DAI/USDC/USDT Liquidity Mining*
TVL: $44,641,526.07
APY: 18.99%

*As of 9/23/21, 1:05pm EST

👾APY.Finance Weekly Update 9/19 - 9/25) 👾

📈 Progress Remaining for Alpha
Oracles & Pricing
[100% Complete] Chainlink Monitoring
[100% Complete] Oracle Emergency Systems
Platform Management
[90% Complete] Gnosis Safe
[95% Complete] Administration & Governance Tools
Security
[90% Complete] Security Audit
[100% Complete] Security Updates
User Interface
[90% Complete] UX Testing
[95% Complete] UX Updates


🌐 User Interface
It is our mission at APY.Finance to make yield farming simple and accessible. Part of this is ensuring clarity and guidance for users, so they can effectively yield farm with a complete understanding of the process, despite their level of experience. As a result, we’ve developed a “Tour Guide” system that will walk users through the entire process of yield farming on APY.Finance. Watch below as our engineer Jonathan Viray walks us through a preview of the Alpha-ready front-end build and Tour Guide.

Front-end & Tour Guide Preview

This week, our front-end team refined the tour guide’s interface. We’ve now enabled the ability for users to enter mocked values while the tour guide is active, and the platform will respond with projected calculations for how these mocked values would result. This is a pivotal step in ensuring the Tour Guide assists users new to yield farming, or the APY.Finance platform, as it walks them through the fundamentals of making their first deposit.
Further, our engineers have added various UI indicators to the Tour Guide which will help users distinguish between the standard app and Tour Guide modes, including a distinct banner, and toggle for each mode.


📂 Platform Management
The first set of governance proposals made live last week have just 1 week remaining for $APY token holders to vote.
These proposals are for initial farms that, if passed, will be added to the APY.Finance farm portfolio and will serve as options for the platform’s yield farming robo-advisor to deploy pooled capital toward. These proposals will not determine where pooled capital is initially deployed, rather serve as options for the platform. We will have more proposals for additional farms to add to the Alpha build in the coming weeks.

$APY token holders can head on over to our Snapshot page to place their votes on currently listed proposals now.
Finally, we’ve created a community governance discussion channel on Discord where community members can come together to discuss governance proposals to improve the APY platform. We encourage you to join the channel and participate in these discussions. Currently, some avenues of focus for governance discussion that would be helpful to improve the utility of the platform are ways to:

1. Reduce risk.
2. Increase yield returns.
3. Simplify the platform.
4. Increase decentralization.

Join the governance discussion channel over on Discord and stay tuned for more information about governance and proposals in the coming weeks.

🔐 Security
This week, our smart engineers have implemented autocompounding functions for AAVE and stkAAVE, in addition to the already implemented CRV autocompounding functions mentioned in last week’s update. Autocompounding allows reward tokens to be claimed and swapped into stablecoins automatically, without any manual user input. This function is critical in ensuring APY.Finance is quick and simple to use, and will drastically reduce the time individual users would need to otherwise spend claiming rewards and swapping them for appropriate stablecoins before redepositing.

Our engineers have also completed smart order liquidity routing which will optimize slippage when making large movements of capital from one pool to another.

APY Token Farming
APY DAI/USDC/USDT Liquidity Mining*
TVL: $35,296,229.78
APY: 22.34%

*As of 9/30/21, 4:32pm EST