Description

Tuyo provides an interface to securely and under a delightful experience access DeFi yields. The Vaults accessible within the app offer a yield provided by the Aave Protocol.

About Aave

Aave is a decentralized liquidity protocol that allows users to lend and borrow cryptocurrencies without intermediaries. Lenders deposit assets into liquidity pools, earning interest through aTokens that automatically accrue yield. Borrowers can access these funds by providing collateral, with borrowing capacity determined by the asset’s Loan-to-Value (LTV) ratio. Interest rates are dynamically set based on supply and demand, offering both stable and variable rate options. To ensure the protocol’s solvency, positions can be partially liquidated if collateral falls below a set threshold. Aave also offers innovative features like flash loans, enabling instant, collateral-free borrowing within a single transaction.

More information about the Aave Protocol can be found at:

https://aave.com/docs

About the Vault Smart Contracts

The vault is a vanilla deployment of the Aave vault codebase and available here:

https://github.com/aave/Aave-Vault/tree/c7b416b322f183586f55895f5156f332bf39ea79

The vault contracts are inmutable and no party, neither can’t remove the locked value.

Tuyo will limit the ability to deposit more principal to a vault from the app in order to deprecate it. However, everyone is allowed to deposit assets by directly interacting with the vault contracts outside our app.

The deployed vaults can be found at:

Risks