# What is ChainPL?

ChainPL is a groundbreaking Decentralized Finance (DeFi) Yield Optimizer platform that empowers users to earn more from their crypto assets through efficient autocompounding. In the realm of open-source DeFi applications, ChainPL stands out for its commitment to permissionless and trustless interactions, allowing anyone to participate without the need for intermediaries. The platform maintains complete transparency and verifiability through blockchain technology, ensuring safe and decentralized access to numerous yield opportunities through a user-friendly interface.

ChainPL’s sophisticated vault and strategy contracts expertly maximize rewards from various liquidity pools (LPs), automated market makers (AMMs), and yield farming opportunities by automating the reward claim and redeposit process. This automation results in exponential returns through autocompounding, saving users time and enhancing efficiency while minimizing the risks associated with manual yield farming. By sharing gas fees and aggregating volumes, ChainPL can compound rewards more frequently than individual users, offering significantly better yields.
