1. Background IntroductionYeti Finance is a decentralized lending protocol built on the Avalanche blockchain, specializing in zero-interest borrowing and yield optimization. The website features a dark-themed design that aligns with its icy branding, prominently displaying key metrics like Total Value Locked (TVL) and YETI token price on the homepage. The protocol emphasizes its innovative multi-asset collateral vault system, allowing users to manage multiple collateral assets through a single position.2. Website Core ContentThe main functional modules include: Borrow (supports multiple collateral assets), Vaults (offers YUSD stablecoin borrowing), and Stake (earn YETI rewards). The interface is intuitive with built-in risk calculators and liquidation price alerts. The documentation center provides detailed explanations of protocol mechanics and FAQs.3. Technical FeaturesDynamic Liquidation System: Adjusts liquidation thresholds based on market volatilityMulti-Asset Vaults: Supports collateralization of AVAX, BTC.b, ETH, and other assetsZero-Interest Loans: Replaces traditional interest with liquidation and protocol feesCross-Chain Compatibility: Natively supports Avalanche and Ethereum asset bridging4. TokenomicsYETI has a total supply of 10 million tokens, distributed as: 50% liquidity mining, 20% team, 15% ecosystem fund, and 15% investors. Token utilities include governance voting, fee discounts, and protocol revenue sharing. The website shows current staking APY at 15-25%, with a deflationary model where part of fees are used for buybacks and burns.5. Competitor ComparisonFeatureYeti FinanceBenqiTrader JoeInterest RateZero-interestVariableVariableCollateralMulti-assetSingle-assetLP TokensStablecoinYUSDUSDC/USDTMultiple Options6. Risks & ChallengesSystemic Risk: Growth tied to Avalanche ecosystem developmentCollateral Risk: Multi-asset vaults face complex price volatilityLiquidity Risk: Limited YUSD stablecoin depth may affect redemptionsCompetition Risk: Pressure from mainstream protocols expanding cross-chain7. Future OutlookThe roadmap highlights key developments: Vault strategy optimization (auto-rebalancing), expansion to EVM-compatible chains, and institutional-grade products. Notable plans include oracle price feed integration and governance mechanism improvements.8. ConclusionYeti Finance positions itself as an innovative lending protocol on Avalanche, with zero-interest loans and multi-asset vaults as key differentiators. The website prioritizes functionality but could enhance onboarding for new users. The primary challenge is establishing YUSD stablecoin liquidity and user trust. Future success depends on maintaining security while expanding cross-chain and attracting institutional users. The team should focus on improving risk education materials and cross-chain interoperability. 更多>