Aegis

The thesis

Yield aggregation on Solana solves a real problem — reallocating a single deposit across multiple strategies as their yields drift — but the current generation of aggregators tends to hide too much. A depositor sees an APY number and a vault address; the actual per-strategy risk lives in an off-chain dashboard nobody reads.

Aegis is an experiment in bringing that risk surface on-chain. Each strategy the aggregator routes to reports its own risk parameters as an account, and the router respects a depositor-configured risk ceiling when reallocating.

Where it is

Work in progress. The routing and reallocation primitives compile and pass basic tests on localnet; the risk-surface accounts are still design-stage.

What I’m thinking through

• Whether the risk surface should be a strategy-emitted attestation or a keeper-computed observation.
• How reallocation gas is billed — whether depositors amortize it via a fee, or a keeper bidding market covers it.
• The failure mode when a strategy fails to update its risk account — how long the router waits before treating the position as opaque.