🎯 Description
Mellow permissionless vaults is a set of smart contracts that allows anyone to create a multi-ERC20
token Vault and a Strategy on top of different DeFi protocols (like Uniswap, Yearn, etc.) and blockchains
(like Ethereum, Optimism, etc.)
Users
There are three types of actors using permissionless vaults:
- Liquidity provider provides liquidity into Vaults to earn profits
- Strategist manages liquidity in the Vaults by distributing it among different DeFi protocols. Typically
- Strategist would create a Strategy smart contract that transparently manages Vault liquidity.
- However, Strategy can also be an offline algorithm or manual liquidity management.
- Governance manages common protocol parameters
Vaults
Vaults are smart contracts that put liquidity into different underlying protocols. The underlying protocol
could be some well-known DeFi protocol like Uniswap, Sushiswap, Yearn, Compound, etc., or another
Vault.
The tokens managed by Vault are fixed and immutable, i.e. Vault cannot start managing additional
tokens or stop managing existing tokens. Each Vault can only put liquidity into one fixed underlying
protocol.
Examples of the Vaults are:
- Vault that puts ETH and USDC into Uniswap V3
- Vault that puts WBTC, DAI and USDT into Aave
- Vault that puts ETH into Yearn
📅 Launch Time (UTC)
18th September
🛠 Network
Multi-Chain
🧩 Sector
DeFi, Protocol
‼️ Sale Details
- Exchange: TBA
- Token price: TBA
- Token type: TBA
🔗 Social Links
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