About SupremeDAO
What is SupremeDAO?
SupremeDAO is a DAO governed DeFi protocol focused on simplifying yield generation through automated strategies. It aims to make DeFi more accessible by offering a streamlined approach where users can hold a single asset, YAI, to benefit from various yield-generating strategies without the need for active management.
The price of YAI increases through a mild gradient bonding curve, meaning each newly minted YAI is valued slightly higher than the last. This pricing approach is closely linked to the total assets locked within SupremeDAO and the yield generated by its automated strategies, seamlessly integrating the returns into the growing value of YAI.
SupremeDAO creates and manages automated yield strategies and rebalances its total assets locked constantly to accrue to best of yields and pours the profits into YAI. DAO coordination happens through governance token SUP. The first iteration of SupremeDAO is a fully automated Genesis Strategy.
Read our manifesto here.
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