Thursday, January 20, 2022

Radial Finance - Automated Coordination Strategies to Maximize Yield on Solidly

Radial: Automated coordination strategies to maximize yield on Solidly. Get the best LP yield for SOLID by Andre Cronje.

Description: Coordination DAO for Boosted ve Yields on Fantom. Solving the DreCron (3,3) Dilemma for Solidly LPs & ve-lockers. Earn boosted ve and rewards for depositing liquidity. Radial Finance is here to help ve(3,3) community to find the most profitable return rate with highest efficiency. Radial Finance is here to help you figure out the best collaborative approach to ve(3,3) while maximizing your yield!

Radial is a Convex-like protocol which enables LPs to receive boosted rewards while eliminating the need to lock ve themselves. The actual Radial goal is to launch a collaborative Convex-like yield optimizer for Solidly. In addition to optimizing for gas (albeit being a small amount on Fantom), managing proportion of ve locked to that given out as rewards to optimally boost yields and promote favourable gauges — the protocol acts as a focal point of coordination between LPs, DAOs/protocols and various ve lockers.

What will Radial help Solidly users with?

We believe most LPs and ve lockers will find it time consuming if not outright hard and complicated to optimally play the ve wars on Solidly due to inherent distrust in today’s societies. However, trust issues are what smart contracts were meant to obliviate. And that’s exactly what Radial does.

Radial features:
1. Optimal inventory management of locked to unlock ve to optimize share in emissions and also the absolute amount of tokens;
2. Acquisition of locked ve to boost LP rewards;
3. Auto-locking ve for compounding rewards;
4. Bonus rewards for ve depositors from LPs’ boosted rewards;
5. Fungible representation of ve NFTs for greater liquidity.


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