Yield Owl
Last updated
Last updated
Our autocompounder is now live at
Yield Owl has been forked from the code of . It increases potential revenues by auto-compounding rewards and distributing gas costs between all the farmers in a pool.
Compounding happens on deposits, withdrawals, and manual force compounds. When a compound is executed on a vault, the assets of every user on the vault are compounded.
Anyone can execute a compound and receive a reward in exchange by pushing the 'Force Compound' button. The reward paid to vault bounty hunters is 0.3% of all the assets pending for harvesting. When the 0.3% of the assets pending for harvesting is worth more than the cost of the compound transaction, then it becomes profitable for anyone to execute it.
YieldOwl takes a 0.5% withdrawal fee. This is to prevent a Deposit, Force Compound, and Withdraw exploit.
There is a 3% performance fee on profits (just the profits, not the underlying deposit). A portion of this fee is used to reward the bounty hunters who execute the compound transaction.