đPerfect Vaults
Overview
In the dynamic landscape of decentralized finance, the pursuit of yield has become a central focus for users seeking to maximize returns on their crypto assets. Yield-generating vaults play a crucial role in fulfilling this need by offering users innovative ways to put their assets to work and earn passive income. Perfect Vaults leverage various DeFi protocols and strategies to optimize yields, providing investors with opportunities for enhanced returns while contributing to the liquidity and efficiency of the DeFi ecosystem on Arbitrum.
PerfectSwap works with a number of select partner protocols in order to establish vaults offering safe and lucrative yield for users. Our goals align with providing our partners liquidity while serving our customer base with highly competitive APRs that will outperform any other product on the market.
Variety
PerfectSwap offers both single-sided staking vaults as well as LP vaults.
There are a few elements that are important to distinguish the two types of vaults:
Single-sided staking involves depositing only one type of asset into a staking pool or protocol. Rather than requiring pairs of assets for liquidity provision, single-sided staking allows users to stake a single asset and earn rewards in the same asset or a different one, simplifying participation and reducing barriers to entry in DeFi protocols.
LP vaults function through the reinvestment of fees distributed to participants in the liquidity pool (LP). In exchange for contributing liquidity, various platforms compensate investors with tokens. Our vaults systematically collect these rewards, convert them into the LP's base assets, and reinvest them to perpetuate the cycle.
There is neutral preference between both as both are advantageous in different ways. For new users, single-sided staking might make more sense and for those with experience in yield farming, LP vaults are well-suited.
'Locking'
Though we refer to our yield pools as vaults, there are no binding 'lock' durations on funds deposited into vaults. Users may withdraw at any time. Though we advise that a medium to long-term outlook is better suited for return on yield.
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