Demon | Demystifying obscure APY yields

Problem: With APY figures being funded with token inflation, it is difficult for investors to determine the real rate of return they are receiving.

Since Compound's release of its governance token in June 2020, liquidity mining and high APY projects have emerged. This was further extrapolated on with DeFi 2.0. Protocols pay their APY in terms of their native token (inflated through token inflation), making it difficult to understand the "real returns" at an apples-to-apples level with other projects.

Demon challenges the problem of demystifying high APY projects. Demon consists of 4 main verticals: 1) demystifying returns ("judgement"), 2) demon vault ("chamber"), 3) ML-based sourcing ("prosecution"), and 4) tokenomics ("ascend").

1. JUDGEMENT: Demon will provide an analytics dashboard showcasing the "real returns" of high APY projects denominated in USD (rather than the native token). Demon will use this free analytics dashboard as a marketing funnel for the vault section of our application.

2. CHAMBER: Users interested in an easily packaged solution can deposit crypto (e.g. USDC, ETH, WBTC) into a pool of capital. The vault will utilize the provided pool of liquidity to deposit into the highest "real" APY project, refreshing it on a monthly basis. Demon will deduct a 2% fee (on returns) through the back-end of the vault. The vault user will receive the vault return, minus a 2% fee, and boosted returns from Demon's own native token.

3. PROSECUTION: Demon will create a high APY protocol pipeline to demystify by pulling in frequently shilled Twitter projects, keeping Demon up-to-date.

4. ASCEND: With token $DEMON, users will receive [vault returns] + [incremental $DEMON rewards]. Stakers will receive boosted $DEMON rewards, an allocation of protocol profits, and governance rights in selecting upcoming protocols to "demystify".

Demon's analytics will be freely available, enabling a more transparent DeFi landscape. Better freely available tools will help to flatten the playing field for participating investors.

Demon monetized its user base by leveraging an easy pool deposit of crypto, which Demon will auto-invest into the top APY project every month, taking a 2% fee on returns. Demon will provide additional APY through boosted APY from its own token.

Link to current version of the deck: https://drive.google.com/file/d/1caTE__UDY9piO7VJjInNaA5xHGKKbbYo/view?usp=sharing

Demo video: https://youtu.be/09w6bwAaguA