Lucidly Intern

syUSD @LucidlyFi currently ranks 23rd for global @infiniFi points we made a small dashboard here for easier way to track infini syUSD points (there's a calculator by @phtevenstrong to price these points added in the footer) syUSDinfini.replit.app

Manually juggling strategies, bribes and hedging to unlock higher yield is a full-time job: Introducing the Advanced Yield Platform Lucidly bundles the heavy lifting into three risk managed yield tokens - syUSD, syETH and syBTC One Place, Farm Everything!

gm Singapore! We are coming to @token2049 🇸🇬 If you are actively seeking solutions to improve liquidity onchain as a pegged asset issuer, or if you are an LP looking for better, deep, more secure and permissionless yield sources - feel free to drop us a dm! 👋 👉 Here's all the side events you can also find our team at: Restaking 2049: lu.ma/l22eqf0o TinyTrader Networking: lu.ma/fwmqsb97 EVG, Berachain and OKX Wallet: lu.ma/y3wry0ee FarCon Asia: lu.ma/l46ff22c DWF Labs Haus: lu.ma/737zb2oy MEV Beerfest: lu.ma/k6h8bmxr Restaking Conclave: lu.ma/up7zxs5n Abstract 2049: lu.ma/7pesuxv7 Zircuit Mansion Mixer: lu.ma/MansionMixer AltLayer Rollup Day: lu.ma/r6izcwou We look forward to meet you irl soon! DMs are open 💌

Learn it eruditely, examine it attentively, think it over carefully, discern it clearly, and practice it sincerely. Here's a recap on the past 3 lucidly months if you just joined the party: Liquidity for pegged assets onchain is hard to scale since market lacks adequate mechanisms to underwrite the same. LPs lack competitive resources to understand capital costs required to keep pegged assets liquid in defi and make informed allocation decisions. We strive to build resources helping market participants to price liquidity in a more efficient and quantifiable manner. We started this journey with an early signup program receiving signups worth $65M user controlled assets with 8000+ unique addresses interacting with our waitlist. With this, we proceeded with the launch of our novel mastervaults on which we are working diligently with some of the top LRTs and stablecoin issuers out here. To bring more users onboard, we are focussed on three major aspects to help get you onboarded to the lucidly experience: Security, Yield analytics and protocol benefits. 1) Security: We consider this as the top priority to make it a safe experience for issuers and LPs. Custodians are bad, counterparty risk is bad, stagnant liquidity during high volatility events is bad. The stableswap design implemented across defi integrations via lucidly mastervaults permissionlessly tackles this. Over the past 3 months, we've successfully completed 2 audits with the safest and most reputed @PashovAuditGrp. If you'rea dyor nerd like me, you could dig deeper here: docs.lucidly.finance/resourc… 2) Yield analytics: Understanding the underlying yield is the second most important step after security. A week ago, we initiated the first lucidly mastervault with @puffer_finance. Since inception, pufETH mastervaults are yielding highest base apr on pufETH having integrations on curve and morpho. However, a comparative analysis to make LPs understand the liquidity flow and how we are making it happen is essential. Lucidly dashboards will cover this extensively focussing on the parameters: tvl, target weights, yield allocation breakdown, rebalances and comparasions against aggregate APR. 3) Protocol Benefits: Unlike most of the other protocols building infra on top of pegged assets - we do not rely entirely on giving out points to improve the implied apr. Unlike other vault managers, we dont take custody of your funds at any point - MasterVaults are fully permissionless simple weighted stableswap pools that allow configurable distribution of liquidity. Our high level design focuses on increasing your pegged asset exposure by incentivising arbitrageurs to rebalance the mastervaults. This means underlying base yield for the MVTs increase over time to practically offer the best onchain yield for the asset LPs. Ofcourse, this goes higher with the dealflows we bring for early mastervault depositors, who get incentivised with additional multipliers on points issued by pegged assets, lucidly blue pills and TRT rewards. What's coming ahead? Every product that we ship is and would be tailored specifically to serve a paying customer to start with. Credit is really an umbrella term, to start with we are targeting incentive markets or what we call “tvl raises". In this quarter, you'll see us deploy masterVaults for the most trusted and secure LRTs and stablecoin issuers out there so you can tap on the best yield for these assets the lucidly way. Depositors will soon be able to directly negotiate incentives for liquidity allocation according to structured loan terms (fixed rates, fixed time) using our incentives settlement auctions. This means you can receive higher token allocations for the amount of liquidity you allocate and timelock on these mastervaults. Using this, you won't need to care for different point multipliers on different AMMs for the same asset. It's time to quantify these numbers to make the incentive markets competent and more efficient. Now that you're up to pace, you can head to app.lucidly.finance/ and allow your LP positions to finally work smartly. Finally, we love constructive feedbacks and criticism, feel free to dm me if you want to get involved or know anything about Lucidly. Orderbooks aren’t sufficient as “defi money legos". For defi to scale, we need onchain liquidity to scale, become more reactive and have fair and quantifiable markets to price the same. @Lucidlyfinance solves this!

Introducing the smarter, more secure and juicier way to access defi on @puffer_finance using Lucidly pufETH Mastervaults 💸 🐡 pufETH defi users can now directly deposit on Lucidly at 👇 app.lucidly.finance/ Depositors receive transparent, fully liquid yield and rake in additional boosts on Lucidly Blue Pills 💊 with 25% multiplier TRT rewards from @TurtleClubHouse 🐢 To sweeten this further, there's a whooping 50% multiplier on Puffer Points - 1.5x boost 🔥