Omen use case: evaluating investment strategies

DeFi protocols (i.e. Yearn) and other virtual asset service providers (i.e. TokenSets) aggregate yield-earning investment strategies for consumers.

In cases where the protocol or VASP has aggregated multiple strategies for the same asset from different providers, the provider could use an Omen operated prediction market to predict which provider will earn the highest yield over a set time interval.

The protocol or VASP (and potentially entities that design investment strategies) would have an incentive to provide liquidity for the market. Consumers would benefit as many DeFi consumers don’t have the technical knowledge necessary to evaluate DeFi investment strategies.

Proposed action items:

  • Outreach to TokenSets and Yearn
  • If interest is validated, scope options for integration