PyPouch

PyPouch is a smart contract designed to facilitate the management of PYUSD savings by interfacing directly with Aave. Users can seamlessly deposit and withdraw PYUSD while earning yield, with automated yield accounting through on-chain transaction checkpoints.

Overview

PyPouch simplifies DeFi savings management by providing:

Automated Yield Tracking: Every transaction (deposit, withdraw, send, receive) creates a checkpoint that calculates and logs interest earned
Direct Aave Integration: Seamlessly deposit and withdraw PYUSD to earn yield from Aave
User-Friendly Interface: Simple UI for managing deposits, withdrawals, and transfers
Real-Time APY Display: Shows current yield rates from Aave
Transaction History: Track all your deposit, withdrawal, and transfer activities

Features

Deposit and Withdraw

Deposit PYUSD to start earning yield immediately
Withdraw anytime with automatically calculated interest
Real-time balance and APY updates

Send and Receive

Transfer PYUSD to other users directly
Generate QR codes for easy receiving
Automatic yield calculations on transfers

Yield Tracking

On-chain events log interest earned between transactions
Transparent and immutable record of all earnings
No manual calculations needed

Technical Architecture

PyPouch consists of:

Smart contract interfacing with Aave
React-based frontend with Web3 integration
Event-driven yield accounting system

Smart Contract Components

Deposit function for Aave integration
Withdraw function with yield calculations
Transfer functions with balance recalculation
Event emission for yield tracking

Future Development

Planned features include:

Support for additional Aave-listed assets
Borrowing functionality against deposited savings
Credit delegation integration with institutional lenders
Enhanced yield optimization strategies

Getting Started

Connect your wallet using the connect button
Ensure you have PYUSD in your wallet
Use the Deposit button to start earning yield
Monitor your earnings in real-time
Withdraw or transfer funds as needed

Development Setup

# Install dependencies
npm install

# Start development server
npm run dev

# Build for production
npm run build

Contributing

Contributions are welcome! Please feel free to submit a Pull Request.

License

This project is licensed under the MIT License - see the LICENSE file for details.

mikeghen/pypouch