Auto-Pools are here.
Automated liquidity built on Liquidity Book, the most capital-efficient AMM in DeFi🌊📘
What are Auto-Pools? 🤖📘
Auto-Pools are set to democratize access to Liquidity Book by automating the process of liquidity balancing within Liquidity Book Pools. The era of effortless, one-click yield farming has arrived.
Trader Joe makes #DeFi easy.
How do Auto-Pools work? 🌊
💧 Deposit Liquidity into an Auto-Pool
⚙️ The Auto-Pool automates the process of rebalancing the liquidity
📤 Upon withdrawal users receive their share of assets and any accrued fees
Auto-Pools are straightforward and accessible for all of DeFi.
Are there rewards or fees? 🪙
Auto-Pools earn a share of trading fees, just like an LP does. Tokens can also be deposited into yield farms (future release).
Automation Fee: Pro-rated fee applied on rebalancing equivalent to an 4.5% APR.
There are no deposit/withdrawal fees.
The General 🫡
The General is the first Auto-Pool available that rebalances liquidity positions to maximize fees. The General responds to market trends, asset imbalances and adapts to most markets and environments.
Available For:
• AVAX-USDC #Avalanche
• ETH-USDC #Arbitrum
Auto-Pool Innovations 💡
Unlike existing solutions, Auto-Pool strategies are executed by an off-chain hosted command center called ‘The Black Box’. This allows for Auto-Pools to be dynamically updated and iterated on to further optimise the rebalancing process over time.
Built for #DeFi 📘
When a user deposits into an Auto-Pool, they receive back an 'APT' receipt that is an ERC-20, APTs are therefore fungible enabling seamless integration possibilities with partner protocols to open up new yield farming options.
Pool Party 🍹
Deposit at least $100 into either the #Avalanche or #Arbitrum Auto-Pool within 24 hours of launch to be captured in the 1st snapshot.
A further snapshot will happen in the following one to three week period.
Be captured in both to qualify for the Pool Party mint.
Welcome home 🏡
Auto Pools are set to revolutionize the DeFi liquidity provisioning landscape.
Access the power of Liquidity Book with a simple one-click yield farming experience.
Trader Joe builds to serve all #DeFi users.
Read more here:
#LFJ
joecontent.substack.com/p/auto-pools-a…
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