OneStake - A New Way to Maximize the APR in the DeFi Yield Market

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Disclaimer: The text below is a press release that was not written by Cryptonews.com.

Tallinn, Estonia, 29th April, 2022, Chainwire

OneStake Finance, a DeFi yield aggregator, claims to be the first TVL-as-a-Service protocol that offers the highest APR possible on single staking. The project aims to provide solutions for casual and professional DeFi users along with exposure to the entire yield market. According to its website, “OneStake is the 1inch in the field of yield protocols.”

OneStake uses governance mechanics and TVL-as-a-Service to provide users with optimal yield opportunities. The protocol’s DAO analyzes all the assets and protocols interacting with OneStake before whitelisting and grouping them into one pool. For example, it creates one pool for Bitcoin, another for Ether, and a final one comprising stablecoins.

Each of these pools supports several whitelisted tokens according to the group’s criteria. Users can add funds through the protocol into any asset in a pool, then, the protocol automatically creates the coin swaps according to the current strategy in use.

OneStake analyzes the current APR and TVL for all assets of every whitelisted protocol every 4 hours. Next, it calculates the funds' allocation to obtain the maximum APR. This process simulates the results according to extra investments in provider pools. Once it encounters optimal distribution, it calculates the rebalancing costs. This way, if these costs exceed the critical value, the protocol performs new calculations until it finds the best possible distribution. The protocol will only begin rebalancing once that happens. Also, it collects staking rewards every 2 hours unless it sells or reinvests them back into the pools.

OneStake uses iUSD, an