SIL Finance Ushers In The New Era of DeFi

Jean-Pierre Buntinx
3 min readJan 16, 2021

Sister In Law, ticker name “SIL” is a decentralized passive investment platform based on smart contracts, focusing on providing users with DeFi financial services. SIL provides dual currency liquidity for token Swaps, automatic LP matching, and automatic compound interest. According to factors such as ARR (Annualized Rate of Return), coefficient, financial management cycle, etc., it automatically selects and configures products that are most in line with the interests of users, allowing complex liquidity mining become a joint construction of currency participants, and the management of the platform is entrusted to all SIL holders.

What are the flaws of YFI (YEARN)?

Based on observations, Yearn may have the following problems:

  1. Single currency mining is not sustainable for Swap
  2. No real liquidity provided
  3. CRV does not have so many stablecoin swap needs if it was not for DeFi

SIL Product features:

  • Dual currency SIL Vault
  • Each user only needs to stake currency to join LP pool. Currently dual currency APY is generally higher than single currency mining.
  • SIL will bring real liquidity to partnered Swaps. Not a simple matryoshka doll mechanism.

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Jean-Pierre Buntinx

Freelance Bitcoin | Blockchain | FinTech | Finance | Technology | Gaming Writer