Pensify

Pensify - a secure, non-custodial, no-loss and no-risk Pension Fund built on Ethereum. Passive savings via RAY and bonding curve and Flash Loans for automatic arbitrage swaps between DeFi liquidity pools to catch additional income. Pensions made easy.

Pensify

Created At

HackMoney

Project Description

Pensify is a secure, non-custodial, no-loss and no-risk Pension Fund built on Ethereum blockchain.

  • By using Robo-Advisor for Yield (RAY) from Staked.US, Fund constantly generates interest from different DeFi protocols - Compound, Aave, dYdX, Fulcrum (latest is turned off atm), MCD, DSR.

  • Members can also use Flash Loans to earn additional income via a browser bot for automatic arbitrage between Uniswap and Balancer pools.

  • The fund is built using AkropolisOS framework, which allows automated liquidity provision enabled by the bonding curve, treasury management & automated yield rebalancing.

How it's Made

We used AkropolisOS framework (https://akropolis.io) to build a basic architecture for Pensify. It is based on OpenZeppelin (http://openzeppelin.io) and allows automated liquidity provision enabled by the bonding curve, treasury management & automated yield rebalancing.

To enable mobile support, we used Portis Wallet (https://www.portis.io). It provides secure storage and access to Pensify from any device.

We use Uniswap (https://uniswap.exchange) and Balancer (https://balancer.finance) protocols as a part of arbitrage strategies for fund members. They can earn additional income by utilizing Flash Loans and performing arbitrage between Uniswap and Balancer.

We use Compound and Aave (https://compound.finance) and Aave (https://aave.com) as an interest source through rebalancer - Robo Yield Advisor (https://staked.us/v/robo-advisor-yield/) from Staked.Us. It allows us to accumulate interest on all Pensify funds.

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