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 YO Protocol.
YO is a decentralized liquidity protocol that allows users to lend and borrow cryptocurrencies without intermediaries. Lenders deposit assets into liquidity pools, earning interest through yoTokens 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. YO also offers innovative features like flash loans, enabling instant, collateral-free borrowing within a single transaction.
More information about the YO Protocol can be found at:
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.
| Vault Name | Chain | Address | Explorer |
|---|---|---|---|
| yoUSD | Base | 0xf0A79040ac2af78fFc50647e839518cE9f0B828F | https://basescan.org/address/0xf0A79040ac2af78fFc50647e839518cE9f0B828F |
| yoETH | Base | 0x28b9eaA13f707001Af89F8e78c3A8D247f312d46 | https://basescan.org/address/0x28b9eaA13f707001Af89F8e78c3A8D247f312d46 |
| yoBTC | Base | 0x77A9b04f602788918395Db89A008097A209Edc85 | https://basescan.org/address/0x77A9b04f602788918395Db89A008097A209Edc85 |
| yoEUR | Base | 0x9ea0423B0027AE3fc0b9dA0E1D3AAe935604905A | https://basescan.org/address/0x9ea0423B0027AE3fc0b9dA0E1D3AAe935604905A |
The deployed vaults can be found at:
Supplying assets to YO offers the potential for yield but comes with risks. These include smart contract risk, where vulnerabilities could lead to loss of funds. There’s also interest rate volatility, where dynamic rates can affect returns, and protocol risk from potential governance attacks or oracle manipulation. Depeg risk is a concern for stablecoin suppliers if assets like USDC lose their peg to the U.S. dollar, while liquidity risk could limit withdrawals in extreme market conditions. Additionally, growing regulatory scrutiny could impact YO’s or Tuyo’s operations.