what happens when you give $1 to the Almanak vault?
what happens then is that the AI algo behind almanak will put that $1 into work in various stablecoin pools on Curve, pendle etc and moving it around depending on where it can generate the best yield for you.
with this idea then @almanak managed to raise almost $150 into their vaults so far.
now they are scaling out the vaults and deploying more advanced stablecoins strategies.
I have personally deposited both USDC into their vaults and also bought YT tokens on Pendle for Almanak.
4.29K
72
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.