 | Mellow ProtocolMellow protocol creates products that increase DeFi ecosystem efficiency. This is the future of optimal cross-protocol multi-token liquidity allocation. Their goal is to eliminate market inefficiency and increase composability of DeFi. Seed Round $2.75 Million IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
|
OpenWhat is Mellow Protocol
Mellow permissionless vaults is a set of smart contracts that allows anyone to create a multi-ERC20 token Vault and a Strategy on top of different DeFi protocols (like Uniswap, Yearn, etc.) and blockchains (like Ethereum, Optimism, etc.)
There are three types of actors using permissionless vaults:
- Liquidity provider provides liquidity into Vaults to earn profits
- Strategist manages liquidity in the Vaults by distributing it among different DeFi protocols. Typically Strategist would create a Strategy smart contract that transparently manages Vault liquidity. However, Strategy can also be an offline algorithm or manual liquidity management.
- Governance manages common protocol parameters
Vaults are smart contracts that put liquidity into different underlying protocols. The underlying protocol could be some well-known DeFi protocol like Uniswap, Sushiswap, Yearn, Compound, etc., or another Vault.
DetailsRaised: 2,750,000 USDLegalRegistration year: 2021Office address: Intershore Chambers, P.O. Box 4342, Road Town, Tortola, British Virgin Islands VG1110 |
Social media
MVP
