Architecture

At its core, Renalta's Embedded Yield offering is powered by a modular and highly extensible vault aggregator. This architecture allows us to consistently provide a stable, high-yield return by programmatically seeking the best rates across multiple, battle-tested lending protocols.

How It Works

Our protocol continuously monitors the interest rates across a curated set of vaults from leading protocols like Morpho, Aave, and Euler. When a more favorable rate is found, the aggregator can atomically move assets to the higher-yielding vault, ensuring that our users' funds are always working efficiently.

Core Components

Here is a simplified diagram of the system's architecture:

graph TD
    A[Users] --> B(Stable Yield Vault - Entrypoint);
    B --> C{Aggregator};
    C --> D[Morpho Vault];
    C --> E[Aave Vault];
    C --> F[Euler Vault];

Stable Yield Vault (Entrypoint)

This is the primary user-facing smart contract. It's a standard ERC4626 vault that your application interacts with for all deposits and withdrawals. It abstracts away all the underlying complexity of the aggregation strategy.

Aggregator

The aggregator is the brain of the system. It is responsible for monitoring the yields of the integrated vaults and executing the atomic rebalancing of funds to optimize for the highest return.

Strategy Vaults

These are the individual, third-party vaults from trusted protocols that the aggregator manages. By diversifying across multiple vaults, we not only optimize for yield but also mitigate protocol-specific risk.