⛓️ Seeking Yield by Staked - Issue #32

📢 Introducing the Robo-Advisor for Yield (RAY), 🗣️ What is the Internet saying about RAY?, 🌐 ETH2 Interop Success, & 📊 Current Staking and Lending Yields

This is the thirty-second issue of Seeking Yield by Staked, a weekly update about the most interesting things happening in crypto asset staking and lending.


📢 Introducing the Robo-Advisor for Yield (RAY)

Yesterday, we announced the launch of the Robo-Advisor for Yield (RAY), a set of smart contracts that automatically allocate crypto assets to the highest yielding opportunities. RAY is the easiest way for a holder of ETH, DAI or USDC to earn the highest yield available across yield-generating DeFi opportunities.

Users deposit assets into a smart contract and choose which opportunities should be considered. RAY monitors yields and automatically moves holdings to the highest yielding opportunity at any time.

RAY initially supports lending on Compound, dYdX and bZx. Over time, RAY will support staking, the DAI savings rate, arbitrage opportunities, market-making, and other opportunities created by the community. RAY’s development has prioritized security. The code is openly available for review and it has passed multiple rounds of security auditing, most recently by Trail of Bits, a leading security research firm.

The RAY smart contracts are generally available on Ethereum for anyone to access. We also offers an easy to use interface, which can be accessed here.

Learn more:

👉 Use RAY today!

👉 Introducing the Robo-Advisor for Yield (RAY)

👉 Robo-Advisor for Yield FAQs

👉 Join us on Telegram!


🗣️ What is the Internet saying about RAY?

We are thrilled by the reactions and feedback we have received from the crypto community following the launch of RAY. Check out below what people are saying!

👉 MakerDAO: Congrats to @staked_us, this is big news! Happy to see #Dai supported as well💪

👉 CoinDesk: Staked Automates the Best DeFi Returns With Launch of Robo Advisor

👉 Spencer Noon, DTC Capital: 🚨🚨 Introducing DeFi's First Robo-Advisor 🚨🚨

👉 The Block: A Pantera-backed startup now automatically identifies highest yields in DeFi

👉 Messari: Staked launches RAY, a robo-advisor for yield

👉 Cami Russo, The Defiant: Finance is being re-built before our eyes

👉 Hunter Horsey, Bitwise: Deposited some DAI on@staked_us's cool new RAY smart contract system. 9% APY!

👉 Nathaniel Whittemore talking RAY on Crypto Daily 3@3 - 9.13 (starts at 11:17)

We look forward to continuing to build the future of finance. Stay tuned!


🌐 ETH2 Interop Success

As of Thursday, September 12th, 2019, seven ETH2 clients, Prysmatic Labs, ChainSafe Systems, PegaSys, Harmony, Trinity Ethereum Client, Sigma Prime, and Nimbus achieved interoperability. Thus, the ETH2 interop retreat was a massive success.

This is a significant step forward for Ethereum. Serenity is coming.

We are proud supporters of Ethereum and look forward to mainnet launch!

Learn more:

👉 ETH2 7-way interop

👉 Sign up to get notified when ETH staking launches!


📊 Current Staking & Lending Yields

Staked currently supports 16 different crypto assets including Cosmos, Algorand, Tezos, Dash, Decred, Orbs, Horizen, Livepeer, EOS, Factom, Loom, Iris, Terra, Dai, and USDC.

Have questions? Find time to speak here.

Learn more and get started here!


About Staked

Staked helps institutional investors reliably and securely compound their crypto by 5% — 100% annually through staking and lending. Staked runs validation nodes for proof-of-stake currencies and offers access to on- and off-chain lending options that provide an annualized yield of in-kind currency. Staked investors include Pantera Capital, Winklevoss Capital, Digital Currency Group, Parafi Capital, Coinbase Ventures, Fabric Ventures, and other leading blockchain investors. 

If you enjoy Seeking Yield or are a fan of what we are building at Staked, give us a shout on TwitterLinkedIn, or tell your friends and colleagues.

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