Lucidly Yields

Simplifying allocation - the lucidly way

DeFi needs non-custodial yield farming brokerage. Existing users rely on managed vaults and self managed portfolios. With increasing market size users naturally rely heavily on trusted asset management protocols to farm yields. Bringing autonomy and choice while being as decentralised as possible is the goal of the Lucidly Yield Execution Engine. Lucidly Yields introduces fixed-rate convertible notes tied to a permissionless, chain-agnostic, variable-rate yield framework, offering a low-risk savings product aimed at delivering consistent, diversified returns across all market conditions for USD stablecoins, ETH, and BTC. This documentation delves into the mechanics and design of Lucidly's flagship product, Stable USD.

• The Stables USD token is supported entirely by a carefully selected mix of bluechip USD denominated assets, generating yield by tapping into strategies and rewards across the most trusted DeFi platforms. This approach ensures high-quality, liquid, and fully on-chain yield, structured for optimal risk-adjusted performance.

• Lucidly Convertible Notes embody a fixed-rate yield strategy, drawing returns from a broad range of sources, including automated market makers (AMMs), lending protocols, tokenized yield opportunities, and delta-neutral approaches.

• Innovating from traditional asset management models— Lucidly champions a fully permissionless approach. It achieves this by allocating capital directly to underlying yield sources while rewarding arbitrageurs for rebalancing the pool according to predefined target weights. This modular, secure, and decentralised design empowers users with flexibility: they can opt for the assured returns on a stablecoin assets backed portfolio or dive into the fully liquid, variable-rate yield strategy, sharing value in the process.