The Birth of a SugarYield

A DeFi platform offering a wide range of financial services

4 min readJan 11, 2023

SugarYield.com is a (DeFi) platform offering a wide range of financial services, including lending, borrowing, Hedge or speculate on the risk of pegged assets. These products provide robust hedging and speculation opportunities for market participants.

Sugar Yield is offering the following products

Pre Diabetes
Post Diabetes

Pre-Diabetes

The pre-diabetes vault functions by utilising a sugary-catastrophy connection (SCP). Here the SCP bond is a vital financial component that pays users for thoroughly researching and analysing the health of a pegged crypto asset. This bond compensates users who appropriately assess the health of the underling asset. By depositing BNB and obtaining $SUGAR tokens, users may also hedge against the pegged assets. The Pre-diabetes vault is also the place where you will be deciding your stance of being, Pro-sugar or Anti-sugar, meaning that you will be getting a chance to decide to buy or to sell medical-insurance for your desired pegged crypto assets.

By placing their BNB collateral into the Sugar vault, users gain a hedge against assets de-pegging and are awarded with Sugartokens (Valut Tokens) in return.

Assume a user is concerned about a certain stablecoin “USDT” deviating from its market pegged value. They have the option of putting a portion of their BNB into the SugarYield Sugar vault as collateral. Sugar, in exchange, would gain in value if the stablecoin “USDT” de-pegged from its pegged value. And the user will be able to earn money through the deviations.

SugarYield initially offers users the ability to hedge against, USDT, USDC,USDT, MIM, and DAI de-pegging by utilizing weekly or monthly time periods. More assets will be added as the platform develops.

Post-Diabetes

Post-diabetes is a secondary marketplace built atop the tokenized vaults of Pre-diabetes. Because collateral is locked up throughout the vault cycle, this secondary market enables real-time position entry and exit using an order accounting system. Transactions are carried out via signed transactions from the taker and are carried out on-chain using contracts from 0x Protocols once the taker has finalised them. These contracts have been tried and tested, ensuring that users enjoy a positive trading experience.

How Post-diabetes Work?

Assume Becky, a 26 years old, crypto enthusiast. Becky has the perfect sweet tooth for crypto coins. She’s smart, vigilant, and, of course, sweet! Now, Becky has deposited $1100 in BNB into a Caramel vault and gets 1 Vault Token (an ERC-1155 token) in return. She then decides to take profits at $1500, so she sets a maker limit order for 1 Vault Token on the Pre-diabetes platform for $1700. Bush, who is interested in entering the market, believes the vault token is worth $1700. He can place a market order to buy at the current market price or a limit order at his desired entry price. The taker (Bush) is responsible for paying the necessary gas charges to execute the deal. At the conclusion of the epoch, Bush can redeem his Vault tokens for the underlying asset plus any costs.

Vault Tokens

The Sugar Yield Vault tokens are ERC1155, indicating the depositor’s portion of vault ownership. The following identifiers distinguish Sugar vault tokens.:

Asset: Token under consideration
Type: Caramel or Saltish
Epoch: Time period of the vault
Strike: How far from peg the asset price needs to deviate in order to trigger a payout to the Sugar vault depositors.

Currently Sugar Yield Offers the following vault tokens:

Caramel Vault Tokens

Asset types: USDC, USDT, BUSD
Strike Prices:
USDC: $0.997
USDT: $0.99
Epoch Period: Week

Saltish Vault Tokens

Asset types: USDC, USDT, USDT
Strike Price:
USDC: $0.997
USDT: $0.99
Epoch Period: Week

SugarYield Tokenomics

30% Liquidity Pool
15% SugarYield Treasury
15% Core team funds(12 month linear vest)
10% Development funds
10% Project reserve funds
10% Farms pool funds
5% Advisory funds
5% Marketing funds

Roadmap

The protocol will launch with support for five stable coin markets, USDC, USDT, BUSD, and DAI. Shortly after launch, the Sugar Yield team will extend use-cases and functionality out to the following niches:

Pre-diabetes
Post-diabetes
Like assets: stBNB, wBTC
Exotic stable coins: NEAR (USN), etc.
Auto compounding Sugar tokens
Peg arbitrage vaults
Options hedging
LP Sugar TOKENS (i.e. sugar4POOL destabilization tokens)

Interacting with UI Mobile APP:

Visit our page: SugarYield.com

Go on the Mint tab
Select your position “Salt” or “Sugar”
Select your asset

4. Select your strike price

5. Select Epoch

6. Choose your deposit Token (ETH or WETH) and Deposit your amount

7. Approve Wrapped Ethereum

8. Click “Mint Check your Tokens on “Claim”

9. When the Epoch is over or a Depeg event is triggered you will be able to Claim your Rewards

Download: https://play.google.com/store/apps/details?id=com.sugar_yield

Personal funds security

Personal funds security is another crucial concerning factor for most investors. The fear to fall in the hands of black sheep refrain most investors from trying new investing opportunities to generate passive income. SugarYield.com is concerned about its users. Hence we offer a completely secure platform that does not have any loop holes of information leaking holes. We provide safety of your funds from malicious actors.

Conclusion

SugarYield is a hedge-speculate protocol. Unlike its counter parts, SugarYield aims to bring the most updated service of DeFi to its users. A smooth a reliable trading between heterogeneous and homogeneous blockchains is the top priority of SugarYield.

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