APY Finance is a project that aims to attract more people to the decentralized finance (DeFi) wave, promising automated profit-generating opportunities through its own protocol.

Governed by smart contracts, APY Finance achieves decentralization on aspects such as portfolio management, strategy execution, and protocol governance. It also offers one of the most profitable yield farming options in the space without the exorbitant gas fees that traders suffer from on other platforms.

The motivation for the APY Finance project is to provide today’s traders with a wide array of yield farming strategies. One problem that they’re trying to solve is the complexity of the technical knowledge required to fully maximize the potential gains that investors can make in DeFi.

With just a click, APY Finance helps its users take advantage of the compounding value of their assets by way of liquidity mining. APY supplies liquidity to some of the best exchanges in the space, such as Uniswap, 1inch Exchange and SushiSwap. Users just have to deposit their assets in the smart contracts and it will do the rest.

APY Finance is a decentralized yield farming protocol that offers different profit strategies out of a single, unified liquidity pool. It gives traders exposure to different DeFi projects with just one deposit which effectively diversifies their portfolio while mitigating all the potential risks involved (e.g. smart contract risks or price volatility).

APY Finance implements an automated portfolio rebalancing mechanism that adjusts itself based on risks and potential yield. In addition, the protocol promotes cheaper transaction costs on the platform, with over 99% of gas savings on rebalance fees for traders and 80% gas savings on deposit and withdrawal fees.

APY Finance features one liquidity pool powered by smart contracts that are in charge of depositing and withdrawing via one currency. The pool aggregates the holdings of investors into a single pool of liquidity. When users make deposits, they receive APT tokens as a representation of their share in the liquidity pool.

The liquidity contracts governing the pool are backed by Ethereum-denominated Chainlink aggregators. The main purpose of these contracts is to determine the value of the pool’s outstanding reserves.

APY’s portfolio strategy is also governed by smart contracts called “strategy contracts.” They follow certain parameters based on the types of assets supported by the pool and execute adjustments based on different trading sequences, among others.