Resonate Announces Support for RoboVault
Bringing Yield Futures & FNFTs to a delta neutral strategy near you — introducing RoboVault!
Why RoboVault
RoboVaults delta neutral strategies are ideal candidates for risk averse DAO’s and protocols looking for the utmost confidence in their returns, with risk of IL minimized. By combining forces, Resonate will be far better suited to providing our services to a more sophisticated audience in DeFi. For instance, with their delta-neutral strategies yielding easily 7% on USDC, the creation of Resonate pools that consistently offer 5% upfront returns on such is far from a long-shot — it is a near inevitability!
Learn more about RoboVault
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What is RoboVault?
RoboVault was founded with the goal of bringing advanced automated strategies to DeFi. Since DeFi summer, they observed that the best yields in DeFi come from providing liquidity to Automated Market Makers. However, without advanced automation and risk management tools, liquidity providers are often exposed to large losses through Impermanent Loss. RoboVault has been effectively providing users the ability to access the higher yields available to Liquidity Providers on Automated Market Makers while using their own custom off chain infrastructure to protect users from Impermanent Loss.
Their goal is to become a market leader in the development of advanced algorithmic strategies for DeFi users. Through advanced automation and risk management tools, they are able to execute advanced quantitative strategies on-chain, giving users access to strategies which are typically only accessible to institutions within Traditional Finance.
How does RoboVault work?
RoboVault has developed a Single-Asset Yield Farming Strategy in which users deposit tokens such as USDC, WBTC & WETH. The strategy tied to the specific vault automatically allocates a percent of vault holdings to a lending protocol while borrowing a secondary token to create a hedged LP Position. Vaults automatically compound yield farm reward tokens while also rebalancing vault holdings over time minimize exposure to impermanent loss from high price movements.
These delta neutral strategies are designed to give users the upside of higher yields from providing liquidity to AMM’s while limiting the potential downside from extreme market movements
About Resonate
Resonate is a Yield Futures Protocol developed by Revest Finance and built on top of Revest’s Financial NFT (FNFT) technology. Using Resonate, we’re able to separate the principal and interest components of a position by issuing two FNFTs; one containing the principal and the other containing the rights to future interest on that principal. Resonate facilitates the commerce of the rights to future interest by matching issuers (who want to sell their interest rights for a one-time upfront payment), and purchasers (who want to buy the rights to future interest for a one-time upfront payment).
About Revest Finance
The Revest Protocol offers a revolutionary new use of NFTs as financial tools through the Financial Non-Fungible Token (FNFT). Individual and enterprise-level users can deposit any ERC-20 or ERC-721 into Revest’s interactive FNFTs and set custom unlocking conditions (time, value, or contract-based). Revest allows the tokenization of all non-fungible financial positions with non-fungible tokens. This simple turn-key solution offers elegant applications ranging from token vesting to cutting-edge implications for derivative and borrowing/lending platforms. Revest’s flagship product, Resonate, is underpinned, fundamentally, by this innovative technology.