I hereby request to diversify the portfolio of AGFI by adding a fraction of the treasury into the parallax finance concentrated active liquidity management vaults (CALM)
Parallax Finance is building a new primitive for AI-driven liquidity management, focusing on maximizing APYs through a AI Driven Strategy Manager (AILM) algorithm, HAL 9000. They specialize in optimizing concentrated liquidity provisioning on Uniswap v3. Prioritizing APY over TVL for superior returns and our AI algorithm sets optimal vault limits for peak efficiency. So basically HAL9000 sets a predefined range to accrue optimal results for fees. And once it crosses either extreme of the range, it takes the underlying assets and re-balances it to a new defined range
The amount requested to transfer: 2000$ for testing reasons.
We leave it for 3 months in the vault an reevaluate the results after this period.
Vault: ETH-USDC.e on arbitrum. Good APR, low volatility in general. Update: Based on feedback, we will increase the initial amount from 500 to 2000 and deposit it into the eth/link pool. NO link is need to finalize the transaction.
Links:
Website: parallaxfinance.org Twitter: @parallaxfin Discord: discord.com/invite/jeGk2XswUM TG Chat: t.me/parallaxfinance_chat
Based on feedback, we will increase the initial amount from 500 to 2000 and deposit it into the eth/link pool. NO link is need to finalize the transaction.
Disclaimer: I want to stress again, that those vaults are not made for short-term gains. The vaults are accrue yield in realtime and this yield is generating yield as well -> auto compounding effect. If we start claiming fees, it will result in diminishing returns. There is no need to redeposit the yield, it compounds automatically.
Also providing liquidity to any pool can result on impermanent loss. Analytics show that the eth/link vault correlates well, mitigating IL.