Idle (Best Yield) is a yield automation protocol that specializes in optimizing returns and offering risk-adjusted strategies. It simplifies the yield management process in decentralized finance (DeFi) for users, enabling them to achieve the best possible returns through the use of Idle's products, whether by integrating or building upon them. Idle makes it easier for users to navigate the complexities of DeFi and diversify their investments to meet long-term goals regardless of market conditions.
The Idle vaults are designed to maximize returns, functioning similarly to robo-advisors. Deposits are directed through various strategies seeking the highest yields available in DeFi. Users can diversify their DeFi exposure with Yield Tranches, which split the source of returns into Senior for stable returns with built-in protection, and Junior for higher returns with minimized loss risks for the Senior tranche.
Idle eliminates the need to integrate multiple yield sources and allows users to achieve the best risk-adjusted return through a single integration. This process is streamlined by supporting the ERC-4626 standard. As for the specific cryptocurrency IdleTUSD (Best Yield), although direct information is not provided, it could be a product or service associated with the TrueUSD (TUSD) token, optimized for best yields using the Idle protocol.