Racinefi

RacineFi is a decentralized, automated vault platform that helps users maximize returns by managing liquidity across decentralized exchanges (DEXs) and yield farms. With dynamic asset reallocation and auto-reinvestment of rewards, RacineFi allows users to grow their investments without any platform fees.

Deposit & Withdrawal Process

• Deposits: Users deposit assets like WRBTC, RUSDT, or RIF into the vault and receive shares that represent their portion of the vault’s liquidity and earnings.

• Withdrawals: Users redeem their shares to withdraw funds. The vault calculates the equivalent amount in the deposited asset and transfers it to the user while burning the redeemed shares.

Dynamic Liquidity Rebalancing

• Rebalancing Cycle: Every 6 hours, the rebalancer triggers the moveticks function to adjust liquidity within the same pool and optimize returns.

• Automated Positioning: Once triggered, the smart contract automatically identifies and opens the best price range for the main liquidity position. It also creates a single-sided position as a limit order on either the left or right side, based on market conditions, to help manage impermanent loss.

Automated Rewards Management

• Earning Rewards: RacineFi earns rewards from providing liquidity in DEXs and yield farms.

• Harvest and Reinvestment: During harvest, the vault claims all accrued fees from the current liquidity range and redeposits them into both the main and alternate positions, ensuring continued compounding growth.

Ideal For

• Passive Investors: RacineFi is perfect for users who want to maximize their returns without the need for active management of their liquidity positions.

• Cost-Conscious Users: With zero platform fees, users keep 100% of their earnings, making RacineFi an attractive option for those looking to avoid additional management costs.

Current Yield Overview

As of September 2024, the vault supports liquidity pools such as:

• WBTC/USDT Pool: 20.34% APR

Contract addresses

• Vault Contract Address: 0x9eC3104E33A234040C865F90860d95e9d98711b9
• Strategy Contract Address: 0x1CDd9fe9E02eb4CeE23121c32cC9303dB4D30D46

Technology Stack

• Deployed on RootStock Mainnet, ensuring fast and low-cost transactions.
• Built using OpenZeppelin standards for secure LP token handling.

Future Expansion

• we aim to develop a wide range of strategies, including lending, yield aggregation, and more complex strategies like leveraged yield farming, cross-chain arbitrage, and automated risk management.