## What is Yieldwatch?

Yieldwatch is a smart yield farming dashboard designed to help users monitor their liquidity pools, yield farming, and token staking performance across multiple blockchain platforms. It offers a user-friendly interface that is optimised for mobile use, providing users with an overview of essential information like deposits, pending yields, fees generated, and potential impermanent loss (IL) on platforms such as Binance Smart Chain, Polygon, and Fantom.

## How does Yieldwatch work?

Yieldwatch operates by utilising smart contracts on the Binance Smart Chain (BSC) platform, which uses a Proof of Staked Authority (PoSA) consensus mechanism. This mechanism combines aspects of Proof of Stake (PoS) and Proof of Authority (PoA) to achieve faster transaction times and lower fees. The platform uses BEP-20 smart contracts, similar to ERC-20 on Ethereum, for managing the WATCH token. Key functionalities like arithmetic operations are implemented securely using the SafeMath library to prevent errors and vulnerabilities.

## What are the potential use cases for Yieldwatch?

Yieldwatch primarily serves the DeFi (Decentralised Finance) sector, but its use cases extend to various applications and industries:

1. **DeFi Investment Management:**
   - **Yield Farming and Liquidity Pool Tracking:** Users can track their performance across multiple platforms.
   - **Impermanent Loss (IL) Calculation:** Helps users manage their investments by displaying potential IL.

2. **Real-World Applications:**
   - **DeFi Platforms Integration:** Yieldwatch can integrate with other DeFi platforms for enhanced investment monitoring.
   - **Cryptocurrency Trading:** Provides real-time data to aid traders in making informed decisions.

3. **Specific Industries or Sectors:**
   - **DeFi and Cryptocurrency:** Aids users in managing DeFi activities.
   - **Financial Services:** Potential use in traditional finance sectors exploring DeFi solutions.

4. **Notable Partnerships:**
   - **Binance Smart Chain (BSC):** Built on BSC, benefiting from its speed and cost-effectiveness.
   - **DeFi Ecosystem Integrations:** While specific partnerships are not mentioned, its multi-chain support suggests broad applicability.


Yieldwatch

Lido Staked Ether

Wrapped stETH

Uniswap

Aave

MANTRA

Injective

THORChain

Rocket Pool ETH

Lido DAO

Maker

NEXO

Raydium

Curve DAO

Pendle

Venus BTC

Compound

PancakeSwap

Synthetix Network

dYdX

Yieldwatch (WATCH)

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STETH

WSTETH

UNI

AAVE

OM

DAI

INJ

RUNE

RETH

LDO

MKR

NEXO

RAY

CRV

PENDLE

VBTC

COMP

CAKE

SNX

ETHDYDX

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Yieldwatch (WATCH) Price Index

Yieldwatch Price

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