Strategies
A strategy contains the logic for yield-farming using allocated funds from a Backd pool. Each pool has it's own strategy that is designed by a strategist. The goal of a strategy is to maximize the return of a selected pool's asset. Strategists who successfully deploy their strategy for a Backd pool receive a share of the pool's generated yield. If you are interested in proposing a strategy, get in touch on Discord.

Deployed Strategies

Pool
Info
Contract
ETH
​Strategy Spec​
​BkdEthCvx.sol​
DAI
​Strategy Spec​
​BkdTriHopCvx.sol​
USDC
​Strategy Spec​
​BkdTriHopCvx.sol​

Performance Fees

All strategy profits are subject to a performance fee that is split between a pool's strategist and the Backd token holders. A more detailed overview of how fees will be paid out to Backd token holders will be released once the Backd governance token is launched.
There will be no performance fees during the capped phase!