Archimedes

Screenshots

Problem Statement

We tokenized Gearbox strategies with ERC4626 to simplify the access to highly levered strategies. Casual users and financial institution can access levered and hedged strategies with a single transaction. Strategies provide liquidation protection mechanism as well.For the demo, we built a strategy that leverages yearn LP tokens.

Solution

This project is a distribution layer to tokenize strategies made with gearbox. The core part is a smart contract (solidity) that manages the strategy and liquidation protection. The product also includes a fully working frontend UI for the user to manage the vault on Kovan testnet. The standard ERC-4626 was employed to build the vault to ensure full composability.