This document will walk you through the essence of Earn Guardian and the pivotal role that Guardians play in it. But, to do that, we first need to define the product on which Guardian stands upon: Earn. Earn it’s a product in which users will be able to tap into many sources of yield (Aave, Compound, Morpho, Lido, etc.) on different networks and deposit directly through Balmy. The main focus of this product is to bring the user experience to the next level: allowing users to track and interact with all of their positions and earned yield in one place, and a lot more cool features!
After talking with a lot of security companies we’ve come to the conclusion that current threat-detection infrastructure has improved a lot in the last year, but this has not yet translated into real value and safety for retail users. Even if threat detection softwares alert teams and protocols about an incoming attack, DAO processes and current smart contract architectures don’t allow them to execute a good and swift incident response. This leads to users’ having to take the responsibility of proactively securing their funds: sometimes by subscribing to Twitter accounts that tweet about incidents, using bots they’ve found on the internet (putting them at obvious risk), or other methods (people get creative when the safety of their funds is at play).
Earn Guardian aims to bridge the current gap between security actors (threat detection softwares, auditing companies, etc. like: PeckshieldAlert, CertiKAlert, MistTrack, FortaNetwork, Phalcon, Ancilia) and end users by:
We’ll do this by integrating a product that allows for both seamlessly upgrading users’ security when earning yield while also rewarding security actors for their active management. All without sacrificing user experience or assets ownership. We feel this product is easier to understand by understanding the user workflow: