https://devnet.autoscale.finance/
DeFi has evolved beyond illicit exchanges of digital assets. Besides unique new primitives, it now replicates most of the traditional financial market functionalities. With tens of billions of dollars being poured into products and protocols, each with its own unique characteristics and capabilities.
Although the growth rate is a very positive signal, it has become increasingly difficult and complex to track and timely capitalize on the best opportunities. Or at least it creates a distancing effect for average users and slowly transforms the ecosystem into a playground exclusively for power users.
Because of this, solutions where automation does all the work, like the one developed by Autoscale on MultiversX, play an important role in simplifying DeFi and improving the experience of average users.
Autoscale aims to replace repetitive operations like reinvesting/fresh borrowing and the constant search for the best yield opportunities with a one-step process through a powerful set of automated DeFi tools.
Essentially, Autoscale will deploy a collection of smart contracts called aVaults on MultiversX that execute yield strategies on behalf of depositors and do compounding work at the most optimal frequency.
After going through a private beta phase with multiple waves of users already testing and sharing feedback, the platform has now entered its public beta.
Available on MultiversX devnet: https://devnet.autoscale.finance/
Users can currently test out yield optimization and staking, with a third key feature, the Zap, allowing users to trade EGLD directly into liquidity pool tokens to be added at a later date.
For those ready to delve deeper into Autoscale’s mission and better understand their available products, here are more details:
https://autoscale.gitbook.io/autoscale-docs/
For users who want to participate in the public beta and help fine-tune the existing features of the platform, here’s how:
1/ It's finally here! We're excited to announce that Autoscale is now available in public beta π₯
Experience the unparalleled power of the first yield optimizer on MultiversX:
β‘οΈ https://t.co/mud8u0PoPJ
We've made a guide for you so that your experience is the best possible β¬οΈ pic.twitter.com/hiuudplC8H
— Autoscale (@autoscale_) April 26, 2023
Learn Crypto Trading, Yield Farms, Income strategies and more at CrytoAnswers
https://nov.link/cryptoanswers
Comments are closed.