Applications

Build on Lucidly

Lucidly Labs vaults implementation design enables a superior defi vaults execution engine - modular, permissionless and curated. Here's some interesting products that could be built on top:

• Portfolio convertible notes: X-asset denominated yield strategies with convertible notes offering - fixed returns on sized capital. No longer need to constantly move capital to achieve higher yield/farm different incentives, one place farm everything.

• SocialVaults: Aggregating and customising the defi legos as per your choice, a product to allocate, analyse and allow people to deposit directly in your yield strategies, with premium incentives to the creator managing the best strategies permissionlessly onchain

• onchain SPVs: liquid fund management vaults: Family offices/ LPs/ fund managers with spot exposure to any digital assets could simply setup an execution engine to diversify across defi legos as underlying sources of yield, highly secure with institution grade risk analytics for better management and higher savings on cost of capital.

• IOUs, dn strategies, undercollaterlised lending: Issuers designing onchain financial instruments could leverage the lucidly defi execution engine to simply create new positions across any defi protocol - any chain or hedge against their existing positions on a perp market with the ability to seamlessly tokenise these strategies.

• Tranche funds: running defi apps/funds that offer yield options depending on fixed terms could be execution simply using the vaults stack, there's an emerging demand for principal - only notes becoming a first choice for a lot of high net worth LPs.

The possibilities to drive innovation across defi primitives using an execution engine are endless. It's a one step process to unlock aggregation, better analytics and simplification for autonomous onchain portfolio deployment strategies.