Archimedes
Distribution layer of investment strategies tokenized using ERC-4626 standard
Archimedes
Created At
Winner of
🥇 Gearbox — Best Use
🥇 Yearn — Best Use
🥇 TribeDAO — Best use of ERC-4626
Project Description
We tokenized Gearbox strategies with ERC4626 to simplify the access to highly levered strategies. Casual users and financial institution can access levered and hedged strategies with a single transaction. Strategies provide liquidation protection mechanism as well.
For the demo, we built a strategy that leverages yearn LP tokens.
How it's Made
This project is a distribution layer to tokenize strategies made with gearbox. The core part is a smart contract (solidity) that manages the strategy and liquidation protection. The product also includes a fully working frontend UI for the user to manage the vault on Kovan testnet. The standard ERC-4626 was employed to build the vault to ensure full composability.
