Introduction

Introduction

Lucidly Vault is the native liquidity infrastructure for protocols and applications. Users deposit assets into Vault contracts, which then securely deploys that to DeFi liquidity venues to maximise utilisation.

Key User Benefits

• Super Simplified Onboarding - Instantly access all DeFi liquidity provisioning opportunities available for an asset.

• Highest Possible Yield - Lucidly Vaults provide access to whitelisted DeFi liquidity provisioning opportunities and profitable portfolio rebalances, making it possible to access the highest possible yield in real-time.

• Accessible Risk Information - The simple yet novel architecture of Lucidly Vaults allows monitoring of real-time in-detail risk information.

• Cheapest possible transactions - Funds are rebalanced only and only if it is profitable for an arbitrageur to execute transactions.

• Permissionless Management - No need for a permissioned strategy manager to actively rebalance portfolio funds.

Key Protocol Benefits

• Simplified Ecosystem Onboarding - By eliminating the need for users to navigate various integrations and continuously monitor optimal strategies, Lucidly Vault allows users to just deposit funds and forget, essentially being the interfacing protocol for all liquidity provisioning.

• Cost Savings In Liquidity Strategies - Highest Possible Base Yields: Lucidly Vault's flexible modularity allows curators to set and forget Vault risk measures. This reduces risk management costs to a very large extent, increasing profit margins for both curators and users.

• Real-Time Optimizing Available Liquidity - Lucidly Vaults allocate liquidity to inefficiencies within a given ecosystem, accurately pricing the cost of liquidity at multiple liquidity venues. This allows incentivisation of possible actors to compete to rebalance vault funds, resulting in highest possible liquidity utilisation. This further allows protocols to monitor and eventually identify incentive over-spends.

• Flexible Capital Deployments - Funds in the vault can be used to bootstrap liquidity in new venues with minimal overhead.