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Genius Yield, one of the first automated yield optimizers to be built and deployed for the Cardano ecosystem, will make its debut through an IDO on the OccamRazer launchpad.
In the expanding DeFi industry, a highly diverse yield environment and ever-changing parameters for yield farming protocols has led to many users missing out on the most efficient yields on their digital asset holdings. This problem, compounded by the vast amount of choice in the yield farming space today, requires a solution that can automatically identify the best yields for users. Now, Genius Yield has introduced the possibility of optimizing users’ APY and enhancing the efficiency of asset allocation in the decentralized digital ecosystem, through their novel Cardano-based solution.
In essence, Genius Yield is a tool that can be used with multiple exchanges to gain the best possible profit from yield farming. With complex, well-defined algorithms at its core, Genius Yield allows its users to automate their yields without the need for detailed analysis and manual executions. Instead, the manual process is replaced by algorithmic execution based on certain characteristics such as transaction cost, supply & demand, liquidity, and more.
Laurent Bellandi, Association President at Genius Yield says:
“In the coming months, with the release of smart contracts for Cardano through the Alonzo hard fork, we expect a rapid increase of yield farming protocols and DeFi products to enter the Cardano ecosystem. Genius Yield will be perfectly poised to aggregate these protocols and provide the best APY to users through our automated yield optimizer. We look forward to launching on OccamRazer, and leveraging the experience and links that the Occam.fi team has within the Cardano ecosystem.”
Genius Yield is capable of efficiently handling the drastic changes in the supply of yield farming liquidity pools and protecting the assets of users. It safeguards the users against the highly volatile market by adjusting the asset allocation according to the current yield.
Elliot Hill, Head of Communications at Occam.fi, says:
“As a user of yield farming protocols myself, it’s difficult to stay up to date with which platform provides the best yield at any given time. Through a solution like Genius Yield’s automated yield optimizer, the hard work is done for you, and Cardano DeFi users can rest assured they are getting access to the highest yields available on their digital assets. We’re pleased to welcome Genius Yield to the OccamRazer ecosystem, and we look forward to their IDO.”
Follow Genius Yield’s social media channels to stay up to date with the latest news:
- Telegram Official Community — https://t.me/geniusyield
- Website — https://www.geniusyield.co/
- Medium — https://geniusyield.medium.com
- Twitter — https://twitter.com/GeniusyieldO
Follow Occam.fi’s social media channels to stay up to date with the latest news:
- Telegram Official Community — https://t.me/occamfi_com
- Telegram Announcements — https://t.me/occamfi
- Medium — https://medium.com/occam-finance
- Twitter — https://twitter.com/OccamFi
- Reddit — https://www.reddit.com/user/OccamFi
About Genius Yield: Genius Yield is managed and maintained by the Genius Yield Association, a Switzerland-based entity operating from the crypto-friendly Canton of Zug. When the Genius Yield ecosystem grows sufficiently, Genius Yield will be governed and steered by a carefully designed decentralized autonomous organization. Genius Yield is a DEX/AMM and yield optimizer designed for the Cardano ecosystem, built with expertise and care from a veteran team of blockchain entrepreneurs and professionals. Learn more at www.geniusyield.co.
About Occam.fi: The Occam.fi ecosystem is managed and maintained by the Occam Association, a Switzerland-based entity operating from the crypto-friendly Canton of Zug. When the Occam.fi ecosystem grows sufficiently, Occam.fi will be governed and steered by a carefully designed decentralized autonomous organization. Occam.fi is the first decentralized launchpad designed for the Cardano ecosystem, built with expertise and care from a veteran team of blockchain entrepreneurs and professionals. Learn more at www.occam.fi.