yAxis price

YAXIS

The goal of yAxis is to create a yield portfolio which can obtain the best return by taking advantage of other existing yield aggregating platforms such as Yearn Finance or Convex Finance. yAxis operates above these platforms and can switch between deployed strategies in order to maximize yields. yAxis also serves as an auto-compounding platform to save users on gas fees.

Currently, the flagship product is the V3 Canonical Vault, supporting native and delegated strategies across BTC, ETH, LINK and more. Governance also plays a key role in determining how yAxis Project will launch new strategies and products.

The V3 Canonical Vault is the current iteration of yAxis' flagship product. The BTC-, ETH-, LINK-, and USD-based vaults offer a base yield, whilst YAXIS holders vote to boost personal and global vault earnings.

Whenever there is a better strategy available, the vaults will deploy underlying deposits into the appropriate yield strategy to chase return optimal earnings. Users can choose to withdraw their funds anytime by withdrawing their deposits.