End User Experience & Adoption
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ACryptoS

Project

0xCc...aDEC

Liquidity Manager & Optimizer - for V3 CL DEXs and Lending Protocols

Appears in
12 ballots

Contribution

- liquidity manager & yield optimizer launched 2020. Supported OP Mainnet since 2022 - brought in TVL via unique strategies that automate + inc. yields for users - Single-Token Vaults: Optimized the leveraged same-token borrow/supply on lending protocols. Attracted users + TVL via our automation and consistent APY, no IL and no liquidation risks. Started with Sonne, then expanded to partner with dForce - Automated Conc. Liquidity Manager (ACLM) Vaults: Simplified the process in bringing users to V3 CL DEXs - Users easily provide liquidity (no hassle of setting ranges or out-of-range worries) We automate the ranges and positions, offer single-token deposits, fully automated rebalancing - We expanded to Base Chain this year. Integrated and brought TVL to Moonwell, Sonne, UniV3 and SushiV3

Impact

Aside from BSC (our native chain), OP and Base Chain are our top TVL chains right now - On OP: 26 vaults. Launched Nov’22. TVL at $4.5M+ (ATH of $11M+ in Mar) - key ecosystem vaults like OP and OP-ETH - On Base: 22 vaults. Launched Sep’23. TVL at $1.2M+ - Supported Base LPs and vaults, eg USDbC, cbETH Our ACLM maintained a tight range on V3 positions, hosting a big % of active liquidity on the pools managed. This facilitated better + bigger swap volumes on key tokens. Metrics - Currently hosting: 90%+ of active liquidity on UniV3 for USDT/DAI, USDC/USDT 20%+ on wstETH/ETH 50%+ on USDC/USDbC - We actively posted developments about OP in our socials, bringing user awareness to OP/Base - Other initiatives: sharing our content to OP Discord, + sharing insights in OP community Spaces

Funding sources

Other
No VC Funding or token sale at all
0.00 USD
RetroPGF 2
No prior application
0.00 OP