Whenever you use AutoLayer’s various Liquid Staking or Liquid Restaking strategies, you get an assortment of rewards — this is what is referred to as yield. Put in simpler terms, it’s how much you earn through investing in DeFi. But how exactly does AutoLayer generate yield?
Infinite Layers of Yield
If EigenLayer is about infinite games, AutoLayer is all about infinite layers of yield. These infinite layers can be split into 4 vital components:
- Staking Rewards: The deepest layer. These are rewards you receive as a fee for securing the Ethereum network. AutoLayer calculates these by understanding the mix of LSTs on every LRT token and providing an APY figure based on this information.
- EigenLayer Points: The process of restaking is done through EigenLayer, so as a result, you also earn EigenLayer Points by holding LRTs. The longer you hold these tokens, the more EigenLayer Points you get. All of this is calculated using all LRT providers’ data.
- LRT Points: These Points are gathered by holding LRT tokens over time. In AutoLayer, you can see all the Points you’ve earned from various protocols in just one interface. Also, some of these Points can be directly converted into liquid assets.
- AutoLayer Points: Our Points are based on volume. The more you invest in LRTs/LSTs using our app, the more points you can gather. Every 1 USD you deposit gives you 1 AutoLayer Point. Currently, points are non-liquid and non-tradeable, but this may change in the future.
All these processes on AutoLayer are automatic. Every time you swap an LRT token on Arbitrum, we choose the best provider in terms of slippage/gas fees, and in just one transaction, we send the asset directly to your wallet. These transactions are transparent and non-custodial. So far, AutoLayer is integrated with ParaSwap, Camelot, SushiSwap, Balancer, and Uniswap.
AutoLayer Strategies
This is currently a work in progress, but we will add new layers of yield on top of the ones we already have by introducing more strategies in AutoLayer. First, we’re planning to add Balancer LRT Pools, whose yield will be based on trading fees and even more incentives. As with every other strategy, we will gather all important KPIs and automate all the necessary processes.
There will be more ways for you to earn yield in the future. Stay tuned for updates and visit AutoLayer to start earning and adding yield layers to your DeFi portfolio.
About AutoLayer (Formerly Tortle Ninja)
AutoLayer is the premier Liquid Restaking Tokens (LRT) Finance app on Arbitrum. Harness the potential of EigenLayer by restaking into various LRT/LST options with just one click while conserving and compounding your yields effortlessly. All LRTfi. One interface.
