Lazy Peggy

Screenshots

Problem Statement

Lazy Peggy: Passive Position Management Plugin for Pegged Assets on Zircuit L2Lazy Peggy is designed forlazy capitals—whales or users staking for points—to maintain an active UniV3 position with theirpegged assets(e.g., Wrapped Ether.Fi ETH, Renzo ETH) effortlessly.Why Zircuit L2?Zircuit, a Layer 2 solution with over $2 billion in Total Value Locked (TVL), boasts more than 90% of its TVL in ETH-pegged assets. To maximize the potential of this substantial TVL while ensuring ease and safety, Lazy Peggy was developed.Key Features of Lazy PeggyAutomatic RebalancingLazy Peggy adjusts your position automatically. No need to withdraw, calculate, swap, and deposit manually. Your position remains optimal and functional at all times.Simple UX: One Click and ForgetWith just one click on the recommendation button, create the best passive position. No further adjustments are needed.Best Liquidity Efficiency for Zircuit EcosystemPassive liquidity ensures the ecosystem benefits from optimal liquidity across all price ranges.Lazy Peggy makes managing pegged assets on Zircuit L2 effortless, secure, and highly efficient.

Solution

Technologies UsedBlockchain: Zircuit L2Zircuit L2 is a Layer 2 solution with AI-enabled security at the sequencer level and a large Total Value Locked (TVL). It provides an ideal environment for Lazy Peggy to operate efficiently and securely.Wallet & Notification: Wallet Connect AppkitWallet Connect Appkit offers an excellent solution for notifying users when their positions are adjusted. This feature is crucial for maintaining high security and providing an optimal user experience, ensuring users are informed whenever their assets are moved.