what's BorrowBot?

BorrowBot is a fully autonomous DeFi agent on the Base blockchain designed to maximize yield on users' crypto collateral. Users deposit assets like WETH or cbBTC from any chain via LI.FI, after which the agent borrows USDC against the collateral using Morpho Blue, deposits the borrowed USDC into high-yield vaults such as those from 40acres or YO, and continuously monitors loan-to-value (LTV) ratios 24/7. It auto-rebalances positions by repaying debt to mitigate liquidation risks or borrowing additional funds when parameters allow, ensuring optimal yield capture while maintaining safety. The agent operates through its own smart wallet powered by Coinbase CDP and EIP-7702, complete with an ENS identity (name.borrowbott.eth) that records its constitution, status updates, and decision parameters for full transparency and auditability. Cross-chain withdrawals bridge funds to Ethereum, Arbitrum, or Optimism with gas sponsored by Coinbase Paymaster. Interaction occurs via a React dashboard displaying real-time metrics, Telegram alerts for actions, and a Gemini AI chat for queries, position analysis, and previews, all secured with whitelisted contract calls.