The ETH Believer Starter Pack

Screenshots

Problem Statement

The automated ETH HODL strategy offers a unique combination of high yield, safety and ease of use, and it is a perfect solution for ETH believers to enjoy the Arbitrum ecosystem empowered by the crypto-native automation. We call it "Starter Pack" or "Happy HODL" for reasons!What’s inside this pack?Automatic DCA strategy for ETH accumulation & wstETH purchasewstETH “Happy HODL” (Boosted mood) yield strategy with ~ 25% APY in wstETHYou get the following features:Individual, transparent, on-chain, and automated in a decentralized wayBuilt on Arbitrum - low cost of operation/can be afforded by ordinary usersProtected from liquidation by on-chain automationWhy Arbitrum?Automatic smart-contracts execution is a powerful tool if works reliably and in decentralized way. However, to derive added value from it, we need:developed and liquid Defi ecosystemlow fees (or multiple operations will be too costly) Arbitrum is a perfect match! That is why the starter pack is build on Arbitrum:It’s much cheaper to run complex on-chain strategies on Arbitrum than on EthereumMore yield for more users - the pack suits a much wider range of stake sizesIndividually-created automation Jobs - only you define what happens to your fundsLinkshttps://github.com/princesslunaequestrian/ethglobal-arbitrum-poweragent

Solution

The main challenge was to implement all the necessary interfaces required for interaction with multiple entities on-chain. This takes a lot of code and limits the flexibility and reusability of code, and is definitely a target for further improvements and adding abstraction layers.