Don-key V2 is Coming
Like a caterpillar sprouting wings, on Don-key’s birthday, May 16th, the platform will undergo a major transformation and finally begin delivering on its promise to democratize expertise in yield farming. It will do so by permisionlessly connecting strategy builders and copy farmers, all while delivering a comprehensive, and streamlined retail experience.
V2 is coming, and it is completely unlike anything DeFi has ever seen before.
An Honest Look Backwards
Since launching the dapp, from the user experience, Don-key has essentially been interchangeable with other staking platforms. Yes, on a technical level, Don-key has successfully proven the value of adaptable one-click copy farms — which utilize multiple platforms, bridges, and swaps behind the scenes to generate significantly higher yields- but it hasn’t exactly been disruptive in the way that the core concept of an open-market promises. Even still, for such a young dapp, Don-key has enjoyed incredible success, attracting a peak 25 million dollars TVL and 6,000 daily active users at the height of the bull market
The goal has always been to create an open-source community, driven by competition, in which the best farmers are rewarded for their ability to generate yield and enrich the community. To do this, the team needed to set infrastructure for farmers to create complex yield strategies as well as give investors the tools and metrics needed to separate the wheat from the chaff.
Now finally, an incredibly robust automated system has been completed and is about to be rolled out. Gone are the days of manual farmer approval. Now, all 3,000 of the farmers who applied to design copy-farms will be able to do so, and you, the community, will decide which farms get activated.
V2: The Future
Each week until V2 goes live, a new article will come out detailing a specific feature of the new platform. At a glance, they will tackle the:
- New Strategy Page
- New Profile Page
- New Investment Dashboard
- First Institutional Infrastructure
- Strategy Builder
- New Token Utility
In short, the platform will undergo a complete 180 degree makeover. Each feature will add a heightened level of decentralization, customization, specification, and education to the platform; all while leveraging competition to deliver the most profitable yield farming strategies across DeFi.
We’re excited to launch V2 and a new platform product directly after… but more on that later.
About Don-key Finance
Don-key.finance is the only social yield farming platform to democratize expertise in yield farming. Investors need profitable strategies and farmers need extra liquidity — Don-key brings them together in an open-source competition driven marketplace.
With just one-click everyday investors can route their liquidity — in whichever token they chose — through professionally designed strategies that are updated to chase the highest available APY while minimizing risk.
Competitive Yield Farming is a full-time job; Don-key does it, so you don’t have to.