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What our analysts are rambling about 🔍
Conic Finance
Using Convex Finance, but unsure which pools to LP in? Conic Finance is able to help with that.
The protocol takes your deposits and will automatically balance it into various pools to maximize returns, and without having to manually rebalance after each gauge update. Currently, users are able to deposit USDC into Conic, after which it'll be allocated across Curve pools. This is then deposited into Convex, and users will receive rewards in Conic (CNC), Curve (CRV), and Convex (CVX).
Sandclock
Sandclock, a trustless wealth management app, recently launched. Users are able to deposit USDC, LUSD or DAI into Sandbox, and customize the allocation of the yield earned (i.e. Keep, Give, Invest, Custom). Yield is generated by depositing the capital into Liquity's Stability Pool and ETH liquidations. At the time of writing, APY for the ETH liquidation vault is sitting at 47%, with more strategies to come soon.
Sandclock's utility/governance token is called QUARTZ, and a portion of the fees generated by the vaults will be distributed to QUARTZ stakers in the future.
More Options
Options enthusiasts can keep an eye out for Aevo, a protocol due for launch sometime in Q4.
Aevo claims to be a next-generation, high-performance, order-book options exchange suited for pro options traders. It plans to integrate with Ribbon Finance, the current leading options protocol, as the venue where Ribbon’s options contracts settle.
To learn more about Aevo and their planned synergies with Ribbon Finance, check out their introductory Mirror post here.
Wendy is a research intern at CoinGecko. Follow the author on Twitter @alfalfawm
Or check it out in the app stores
