The ETH Believer Starter Pack
The ETH Believer Starter Pack is an automated strategy for accumulating wstETH and generating up to 25% yield on top of it in capital-efficient way with zero manual action We wish you a Happy HODL!
About
The automated ETH HODL strategy offers a unique combination of high yield, safety and ease of use, and it is a perfect solution for ETH believers to enjoy the Arbitrum ecosystem empowered by the crypto-native automation. We call it "Starter Pack" or "Happy HODL" for reasons! ### What’s inside this pack? - Automatic DCA strategy for ETH accumulation & wstETH purchase - wstETH “Happy HODL” (Boosted mood) yield strategy with ~ 25% APY in wstETH ### You get the following features: - Individual, transparent, on-chain, and automated in a decentralized way - Built on Arbitrum - low cost of operation/can be afforded by ordinary users - Protected from liquidation by on-chain automation ### Why Arbitrum? Automatic smart-contracts execution is a powerful tool if works reliably and in decentralized way. However, to derive added value from it, we need: 1. developed and liquid Defi ecosystem 2. low fees (or multiple operations will be too costly) Arbitrum is a perfect match! That is why the starter pack is build on Arbitrum: - It’s much cheaper to run complex on-chain strategies on Arbitrum than on Ethereum - More yield for more users - the pack suits a much wider range of stake sizes - Individually-created automation Jobs - only you define what happens to your funds **Links** - [https://github.com/princesslunaequestrian/ethglobal-arbitrum-poweragent](https://github.com/princesslunaequestrian/ethglobal-arbitrum-poweragent)
How it's made
The main challenge was to implement all the necessary interfaces required for interaction with multiple entities on-chain. This takes a lot of code and limits the flexibility and reusability of code, and is definitely a target for further improvements and adding abstraction layers.