TLDR:
YieldSeeker is moving from a single AI yield agent to an ecosystem of specialised onchain agents.
The original yield agent is now the “Vault Agent”, and it can earn yield on USDC, ETH, BTC and EURC, through allocating into DeFi lending vaults.
The new “Borrow Agent” lets you borrow against major cryptos or tokenised stocks and keep your position safe from liquidation.
A “Rebalancing Agent” is coming next, and soon the agents will be able to work together, giving you a little army of collaborative financial onchain agents.
My project YieldSeeker’s website has had a refresh as we’ve released a new Borrow Agent for our Pro users and are working on a Rebalancing Agent after for portfolio management. So for this week’s post I decided to cover this update and show you what we’ve been working on.
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YieldSeeker is your onchain AI financial manager. Use specialised onchain agents to manage DeFi activity such as earning yield, without constantly monitoring positions yourself. Your funds remain non-custodial as agents operate through secure smart-wallet infrastructure within the permissions you set. YieldSeeker agents monitor opportunities and risk around the clock, while you retain control over your funds.
YieldSeeker
YieldSeeker is the AI meets crypto platform which my cofounder and I have been building since last year that gives every user their own AI agents to grow their crypto wealth on autopilot.
It started as a single agent with a single job, finding the best stablecoin yield across DeFi lending vaults on Base and moving your USDC between them as rates change.
Since then we’ve added more currencies like BTC (cbBTC), ETH (wETH), and EURC, added multi-agent support, and introduced a Pro subscription with improved models and features. And over time our users have created 5500+ agents that have moved more than $450m of onchain volume!
But managing your money in DeFi involves a lot more than earning yield on a few select tokens. So rather than just add more features to one agent, we moved towards building a whole team of specialist onchain agents, a bit like hiring different experts for different parts of your finances.
Each “agent type” has its own goal, the assets it works with, the actions it’s allowed to take and the rules you can set for it. We’re giving our users AI with guardrails so they know it can’t be hacked or lose their money.
Under the hood the agents all share the same security. Every agent gets its own isolated “Agent Wallet”, owned by the user’s wallet, so only you and your agent can move your funds that you can withdraw at any time.
We developed “AgentWalletKit” as the smart contract solution behind this, which has been audited and is extensible through adapters as we explain in our docs - https://docs.yieldseeker.xyz/security/.
Here’s how our agent type line-up looks today:
Vault Agent - earns yield on your crypto across trusted DeFi vaults. Available now.
Borrow Agent - lets you borrow against your crypto or tokenised stocks and keeps the loan safe. Available now, but currently only for Pro users.
Rebalancing Agent - keeps your portfolio at the mix you choose. Coming next.
The wider vision here is to allow agents to manage all your onchain finance for you.
With the growth of tokenisation and the global nature of crypto we believe that anyone in the world will be able to build as complex or simple an onchain portfolio as they like.
One person may just want to hold 50% in BTC and 50% in USDC earning yield. While another may want a complex allocation between BTC, ETH, NVDA, APPL, SMSNG and more, all while borrowing against those tokenised stocks, and perhaps even providing liquidity on Uniswap!
YieldSeeker agents will take that intent and autonomously execute on it building and managing their entire portfolio for them!
Vault Agent
The Vault Agent is the original YieldSeeker agent under a more descriptive name.
This agent spreads your funds across approved lending vaults, from protocols like Aave, Compound and Morpho, and keeps moving them as rates change, and automatically claims and reinvests any rewards.
If you’re uncertain how the yield get’s earned in lending vaults, then I recommend looking back at a post I wrote a couple of years ago on lending protocols.
The Vault Agent is connected with 40+ vaults on 8+ protocols and have monitoring systems in place to make sure you can sleep easy with agents pulling out money if there’s liquidity drops below a given threshold for your risk preference, therefore giving you better protection and better outcomes than managing it yourself.
Your agent doesn’t just chase the highest advertised rate. It weighs yield against things like how easily funds can be withdrawn from a vault and what collateral the vault lends against, then applies your own rules on top.
You can set those rules in plain English, for example telling it to only include vaults that have over $10m in AUM as shown below. Your agent then watches those limits around the clock and wakes up early if a rule is broken.
As I mentioned earlier, the Vault Agent also allows for more than just stablecoins. It works with USDC, ETH (wETH), BTC (cbBTC) and EURC, and in time we’ll expand it to tokenised stocks so you can earn yield on whatever you hold!
Borrow Agent
The Borrow Agent is our latest agent and it takes care of any onchain borrow position you may like to hold.
With this agent instead of selling your crypto or tokenised stocks, you can deposit them as collateral and borrow stablecoins against them, getting the cash you need while still owning every coin or share.
The risk is “liquidation”. Every loan has a safety score called a “health factor”, and if your collateral’s price falls far enough for that score to drop below 1, the lending protocol lets others repay your loan and take your collateral, plus a penalty - I covered how liquidations work in my Cascading Liquidations post last year.
The Borrow Agent keeps an eye on that score for you, monitoring your loan position, so that if the health factor drops to a warning line it sends you an alert, and if it keeps falling it repays part of the loan, first from any idle funds and then by selling a little collateral, bringing the loan back to a safer level.
We modelled how it would have handled the crash earlier this year, which you can see below or find on this page: www.yieldseeker.xyz/borrow-agent-avoid-liquidation.
Two people each deposit 1 BTC on 14 January at $95,429 and borrow $55,000. In the model by the 6th February Bitcoin had fallen 34%, and the unwatched loan was liquidated, losing 0.91 BTC including a $2,207 penalty.
With the Borrow Agent it would step in a day earlier, selling 0.46 BTC to repay part of the loan, and its loan stayed clear of liquidation!
The agent can’t remove every risk though. Protecting the loan can mean selling some collateral at a low price, and a very fast crash could still lead to liquidation as the agent can’t get there in time - although it’ll always be faster than any human trying to manage their own borrow position!
The Borrow Agent is currently only available to YieldSeeker Pro users, our $29 a month plan, which also gives you more active agents, a more powerful chat model and early access to new agent types. However we’ll eventually make it available to all non-paying users of YieldSeeker too.
The New Homepage
To reflect these updates we’ve rebuilt our homepage around the new agents.
The hero section now cycles through what the agents can automate for you, “Agents that automate your yield”, then your borrowing, portfolio, and more, with the line underneath summing up where we’re heading: “Build wealth on autopilot with specialized onchain financial agents.”
The “Onboarding” section displays the three simple steps. You open your account, choose which specialist agent you want, then deposit crypto into its Agent Wallet.
Further down you’ll find our current line-up of agents, along with the specialists we’re planning next.
We also made a short video introducing the new agents, from the new homepage to how they’ll work together and what’s coming next. Make sure to check it out below and on our X profile - x.com/yieldseekerxyz.
What's Next
The Rebalancing Agent is coming next. You give it a target mix for your portfolio in plain English, say 25% in BTC, 25% ETH, 25% APPL, and 25% USDC, and it steps in when market moves push you away from that composition handling the rebalancing for you on autopilot.
Plus soon the agents will also be able to work together. Say you borrow $15,000 of USDC against your NVDA tokenised stock. Rather than leaving it idle, the Borrow Agent will be able to send it to your Vault Agent to start earning yield.
Then if NVDA falls a lot (as it has this week) and your loan gets riskier, the Vault Agent will be able to send some of that USDC back to repay part of the loan, protecting it before any of your assets need to be sold.
After that, we’re planning more specialists:
Basis Trade Agent - captures “funding” and “basis” opportunities, the extra yield traders pay to hold leveraged positions.
Liquidity Agent - manages liquidity positions on DEXs like Uniswap.
Curated Loan Agent - creates curated lending opportunities, skipping vaults entirely and allowing you to be your own curator.
More to come beyond these.
When we started YieldSeeker, the idea was always to give everyone their own AI agents to manage their money in DeFi, with a vision to have your own onchain AI financial manager.
That idea is still the same, we’re now one step further along that vision as we turn it into a whole team of specialist agents, each looking after a different part of your portfolio around the clock!
Most people will never have the time to manage yield, loans and rebalancing by hand, and we think specialised agents are how onchain finance becomes usable for everyone. We’re steady building towards that future so try it out
now, and keep an eye out for more to come!
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