FAQs

Commonly Asked Questions

Welcome to YieldShield’s FAQ section, below you will find the answers to some of your questions. This section will be updated over time so check back periodically if you currently do not find the answer to your questions here.

FAQS

What is YieldShield ?


YieldShield is an automatic and secure yield farming optimization service, built on the Yield Protocol toolset. We deploy smart contracts and AI in a very simple and intuitive user interface, allowing anyone to easily yield farm safely.
Our robo-farmer maximizes users' returns, based on their risk-level settings.




What is the benefit of a RoboFarmer?


To stake funds into a pool, you typically have to go through numerous manual steps and transactions. Our robo-farmer not only automates these tasks, but finds the optimal yield farm for every investment. Once staked, YieldShield monitors the investment to ensure large losses can be avoided. This means that YieldShield users can and enjoy yield farming without the huge time commitment or stress.




How do you assess risks?


Risk level is our internal system metric which is calculated hourly. This is based on multiple parameters including project age, smart contract auditing, price volatility, team anonymity and many more.
We improve and update our assessment criteria on an ongoing basis. We also plan for our community to help influence risk score value in future.




Why are you using $YIELD?


$YIELD is the native token of Yield Protocol which is the basis of YieldShield's technology.




What is the reason for launching YieldShield?


The process of discovering the latest high yielding DeFi projects is laborious, tedious and incredibly inconvenient. YieldShield is an automatic solution that makes investing in DeFi simple. DeFi technologies should be available to everyone. YieldShield lowers the barriers to entry, making yield farming accessible to all.




What is Yield Protocol?


Yield Protocol is a set of smart contracts that we use in YieldShield. You can learn more at https://www.yieldprotocol.org/




Are you responsible for my funds?


No. YieldShield is not responsible for any loss of funds. At the same time we are doing our best to make the platform secure. The smart contracts are designed in such a way that only you can withdraw your funds. We have also integrated a Stop-Loss system that will protect you from significant drawdowns.




What networks does YieldShield support?


Currently YieldShild supports Binance Smart Chain. We are planning to add Ethereum and Polygon support in future releases.




What is Gas Allocation?


The gas allocation is the amount of your investment which our RoboFarmer can use to move your funds between staking pools. If the gas balance on your account is too low, our robo-farmer won't be able to move your investment to a more profitable pool.




How does the Stop-Loss function work?


If your losses exceed the specified parameter, our RoboFarmer will collect your investments and rewards, swap them to the base coin, and return those funds to your wallet. You will not be charged with a platform fee.





Join forces

Partnerships

Shout from the rooftops

Ambassadors

Pools & Farms

Integrate

Open Opportunities

Ways to get involved

Connect & stay up to date

Join the YS community

Frequently asked Questions

High Risk Warning: Trading cryptocurrencies such as bitcoin and blockchain tokens such as ether carries a high level of risk, and may not be suitable for all investors. The high degree of price volatility can result in incredible losses as well as gains. Before deciding to trade cryptocurrencies or blockchain tokens you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest using funds that you cannot afford to lose. You should be aware of all the risks associated with the trading of digital assets, and seek advice from an independent financial advisor if you have any specific concerns. Bitcoin and other blockchain assets are not money and do not fall within the regulatory regime administered by the Customs & Excise Department. This information is not directed/intended for distribution to or use by residents of certain countries/jurisdictions on the OFAC sanctioned list and USA. Our Terms of use apply.