With the launch of
$SUMR yesterday, the countdown to the launch of the Lazy Summer Protocol and it’s Lazy Vaults is on, and it launches February 11th - put it in your Diaries!
But what is the Lazy Summer Protocol? In a nutshell, it’s Automated Exposure to DeFi’s Highest Quality Yield. It’s Yield Aggregation 2.0, with AI Powered Keepers that continually reallocate assets to the best performing protocols and markets, up to ceilings managed by, in my opinion, the best in class risk manager,
@BlockAnalitica.
Launching on Ethereum,
@base and
@arbitrum, it will support a wide array of protocols from day 1, including
@aave,
@compoundfinance,
@eulerfinance,
@0xfluid,
@GearboxProtocol,
@MorphoLabs (with markets from
@SteakhouseFi,
@gauntlet_xyz,
@Re7Labs,
@BlockAnalitica and more),
@SkyEcosystem and
@sparkdotfi.
At the start, there will be Vaults for
$ETH,
$USDC and
$USDT.
What’s more, at
@summerfinance_ we’ve been incredibly busy building a brand new app for the launch of the protocol which we hope will set a new standard for DeFi UX. As well as ordinary wallets, you’ll be able to get started with Email, Social or Passkey with accountkit from
@Alchemy. No more seed-phrases and no account recovery, and if you use any of email, social or passkey on Base or Arbitrum, there are no gas fee’s for at least your first 10 transactions, so no need to buy ETH if you don’t have any - this is bringing DeFi into the fintech sphere. And just like with fintech apps, you will be able to deposit from bank accounts, cards and apple or google pay, and be earning the best rates available on top tier protocols in minutes.
We’re finally bringing DeFi to a point where we can realistically say we’re ready to onboard the next million users… let’s go 🚀