Skip to main content

Glossary

Adapter

A protocol-specific smart contract responsible for validating and executing interactions with supported DeFi protocols.

Adapter Registry

The on-chain registry that maintains the list of approved protocol adapters and supported protocol targets. Agents cannot interact with protocols that are not registered here.

Agent

An autonomous software system that continuously evaluates supported opportunities, determines portfolio allocations, and manages an Agent Wallet within the protocol’s execution constraints.

Agent Wallet

An isolated Smart Account owned by a single user that holds assets and executes validated protocol interactions on behalf of an Agent.

Allocation Engine

The off-chain system responsible for evaluating candidate vaults, applying protocol parameters and user preferences, and determining how capital should be allocated.

APY (Annual Percentage Yield)

The effective yearly return after accounting for compounding.

APR (Annual Percentage Rate)

The annualised interest rate before compounding.

Autoseek

Yieldseeker’s default portfolio strategy. Autoseek continuously evaluates supported protocols, reallocates capital, compounds rewards, and seeks to optimise long-term, risk-adjusted returns.

Base

The Ethereum Layer 2 network developed by Coinbase where Yieldseeker currently operates.

Candidate Vault

Any supported vault that may be considered during the allocation process before eligibility requirements and portfolio evaluation are applied.

Collateral Quality

An assessment of the underlying assets backing a lending market or vault, including liquidity and market characteristics.

Compounding

The process of reinvesting earned yield back into a portfolio to generate additional returns over time.

Constrained Execution

Yieldseeker’s execution model in which Agents can only interact with approved protocol targets through registered protocol adapters.

Decision Pipeline

The sequence of stages through which every candidate vault passes before capital can be allocated, including eligibility, portfolio evaluation, allocation constraints, and execution.

Discuss

Yieldseeker’s natural-language interface for interacting with an Agent. Users can ask questions about portfolio decisions, understand allocation changes, configure persistent preferences, and personalise how their Agent behaves over time.

EIP-7702

An Ethereum standard that enables secure delegation of wallet capabilities while preserving user ownership and permission controls.

Eligibility

The initial stage of the Decision Pipeline that determines whether a protocol or vault satisfies the minimum requirements for consideration.

Execution Framework

The subsystem responsible for safely executing validated blockchain transactions. Every transaction passes through dedicated protocol adapters and protocol-defined security checks before execution.

Investment Profile

A predefined portfolio configuration that influences how an Agent evaluates and allocates capital. Yieldseeker currently provides Conservative and Explorative Investment Profiles, each with different allocation parameters and default behaviour.

Liquidity

The amount of capital available within a protocol that can be deposited or withdrawn without significantly affecting market conditions.

Opportunity Assessment

The stage of the Decision Pipeline where eligible vaults are evaluated using protocol-defined parameters to determine their suitability for allocation.

Protocol Adapter

See Adapter.

Protocol Safety Parameters

Protocol-managed safety rules that can temporarily restrict allocations or trigger protective actions when elevated risk is detected.

Rebalancing

The process of moving capital between supported opportunities to improve expected long-term portfolio performance.

Registered Target

A protocol contract that has been explicitly approved for interaction through the Adapter Registry.

Reward Tokens

Tokens distributed by supported DeFi protocols as incentives in addition to the underlying yield. Yieldseeker may automatically claim, convert, and compound supported reward tokens on behalf of an Agent.

Smart Account

A programmable blockchain account capable of supporting advanced features such as delegated execution and sponsored transactions. Agent Wallets are implemented as Smart Accounts.

Smart Contract

Self-executing code deployed on a blockchain that automatically enforces predefined rules.

TEE (Trusted Execution Environment)

A hardware-isolated environment used by Coinbase to securely generate, store, and use private keys while protecting them from unauthorised access.

Timelock

A mandatory delay applied to administrative protocol changes before they become active. Yieldseeker uses a four-day timelock for protocol extensions and new capabilities.

TVL (Total Value Locked)

The total value of assets deposited within a protocol or vault. TVL is one of several parameters considered during portfolio evaluation.

User Preferences

Persistent natural-language instructions that personalise how an individual Agent allocates capital. User Preferences complement an Agent’s Investment Profile and are continuously considered by the Allocation Engine when evaluating opportunities.

User Sovereignty

A core design principle ensuring users retain ownership of their assets and maintain the ability to withdraw or leave the protocol at any time.

Vault

A DeFi strategy or lending market where assets are deposited to generate yield.

Verify, Don’t Trust

Yieldseeker’s philosophy of verifying protocol state directly from on-chain data wherever possible rather than relying on third-party reported information.