Transparent, hyper-diversified, stablecoin yields
This mission of this protocol is to provide a means to earn 10-30% APR on stablecoins, while mitigating risk by diversifying across 10+ protocols in a single transaction.
Why is transparency important?

After the debacle of FTX, Celsius, Gemini Earn, Hodlnaut, and 10+ similar platforms where > $1 billion of customers' personal savings were lost, being aware of who offers true transparency and who offers only a veil of transprancy is of paramount importance. The aforementioned platforms simply used the charisma of its leadership, marketing tactics, and obfuscating documentation to project a facade of stability and transparency to attract deposits.

Users need to be aware of these red flags. If you read a protocol's Docs and remain confused how yield is earned, then the protocol is likely trying to hide information from you. If the team is anonymous, this gives them the freedom to conduct an overt "rug pull", "soft rug", or insider hack at any time in the future.

At DiversiFi, we want to provide you true transparency. To achieve transparency, we have worked very hard to provide effective educational material so our users can understand how yield is earned, which protocols are used, and how our platform operates. While other platforms focus on marketing, we focus on education. Furthermore, our smart contracts are open-sourced and our founders are not anonymous, which are the basics for any truly transparent platform.

Using a transparent platform should be your primary strategy to mitigate risk when earning stablecoin yields. If you are earning 10-20% APR on a non-transparent platform, your risk exposure may not justify these potential earnings.

Why is diversification important?

Compared to AAA bonds and money markets (2-6% APR), stablecoin yields in DeFi can be significantly higher (10-30% APR). While DeFi stablecoin yields have near-zero default risk from lenders (like AAA bonds), there are many external risks, which have been well documented by Rekt.

Because of these risks, a diversified portfolio is essential. In DeFi, there are many highly rated protocols that allow you to earn 10%+ (some at 30%+). If you are earning yield on 10 protocols at an average of 15% APR and, within the year, 1 protocol is unexpectedly attacked, then your final APR is 10%, which still beats the performance of the S&P index. Diversification protects your portfolio from these low-probability, catastrophic events.

Finally, diversification is meaningless without transparency, as Celsius and others have also claimed to have a diversified portfolio. By offering both transparency and diversification, Diversifi aims to provide a better alternative for DeFi users wishing to earn yield on their stablecoins.