Why Voyage?

The Genesis of Voyage

In the rapidly evolving world of DeFi, there is a plethora of opportunities for users to earn yield on their assets. However, the complexity of managing these opportunities across various platforms is time consuming and may overwhelm new crypto users due to the need to keep up with shifting incentives and manually reinvest rewards. This is where Voyage comes into play.

Voyage was conceived to address the growing need for an intelligent, automated solution that could assist users in navigating the complexities of DeFi yield farming. The founders of Voyage recognized several pain points within the current DeFi ecosystem:

1. Fragmentation of Yield Opportunities:

• DeFi is built on a multitude of platforms, each offering unique incentives and yield opportunities. However, the decentralized nature of these platforms often means that users need to interact with multiple protocols, each with its own user interface, token standards, and governance rules. This fragmentation creates barriers for users, particularly those who are new to DeFi or do not have the time and expertise to monitor multiple platforms simultaneously.

2. Manual Yield Optimization:

• While yield farming presents lucrative opportunities, it also requires constant attention and manual effort to maximize returns. Users must continually monitor liquidity pools, harvest rewards, and reinvest them to compound their earnings. This manual process is time-consuming, prone to error, and can lead to missed opportunities in the fast-paced DeFi market.

3. Market Volatility and Risk:

• The DeFi space is known for its volatility, with rapidly changing market conditions that can significantly impact yields. Users often struggle to navigate this volatility, balancing risk and reward without the tools to make informed, real-time decisions.

4. Complexity and Accessibility:

• DeFi is inherently complex, with a steep learning curve for new users. Understanding concepts like liquidity provisioning, yield farming, staking, and auto-compounding requires both time and technical knowledge. This complexity can be a barrier to entry that limits the broader adoption of DeFi.

Voyage was designed to overcome these challenges by providing a streamlined, automated solution that empowers users to maximize their yields without the need for constant management and deep technical expertise.