If you've been even REMOTELY following the narratives rolling around crypto, you'd know that AI and LayerZero are up in the top 3.
So what if I told you, you could get exposure to AI and use LayerZero tech (might count towards L0 airdrop)?
Meet @Mozaic_Fi
So what if I told you, you could get exposure to AI and use LayerZero tech (might count towards L0 airdrop)?
Meet @Mozaic_Fi
If you're new around here and don't know what Mozaic is, lemme enlighten you young padawan.
Mozaic provides automated yield farming using AI and Layer0 tech.
This is done by using their proprietary AI, Archimedes.
Mozaic provides automated yield farming using AI and Layer0 tech.
This is done by using their proprietary AI, Archimedes.
Archimedes has one primary objective in mind.
He wants to save users' time and make sure they maximize their profitability.
Archimedes removes the human element from yield farming and compounds/rebalances assets to the highest APY pools every hour.
He wants to save users' time and make sure they maximize their profitability.
Archimedes removes the human element from yield farming and compounds/rebalances assets to the highest APY pools every hour.
Archimedes is basically a trader.
He was programmed with Mozaic's institutional grade tech and proprietary trading strategies.
This way, he can make the most efficient decisions on your behalf without the unnecessary headache of doing it yourself, freeing up tons of time.
He was programmed with Mozaic's institutional grade tech and proprietary trading strategies.
This way, he can make the most efficient decisions on your behalf without the unnecessary headache of doing it yourself, freeing up tons of time.
So how does this whole thing work?
Well a user (like yourself) will deposit into a Mozaic vault, where Archimedes will do 3 things:
Rebalance the deposit across vault assets, allocate those assets to the highest APY farms, right before compounding if it is most efficient.
Well a user (like yourself) will deposit into a Mozaic vault, where Archimedes will do 3 things:
Rebalance the deposit across vault assets, allocate those assets to the highest APY farms, right before compounding if it is most efficient.
Archimedes considers all aspects of APY, predictive APY metrics, token prices, fees, slippage, time, TVL, and error rates in all decisions he makes.
All this processing is done off chain in order to be cost effective and efficient and will be proven to be true by using ZKPs.
All this processing is done off chain in order to be cost effective and efficient and will be proven to be true by using ZKPs.
Now don't think they haven't tested this bad boy out either.
On a 14 day theoretical simulation using Archimedes and Mozaic's omnichain stablecoin vault, Archimedes rebalanced funds on AVAX for 5 days, Mainnet for 4 days, and alternated between OP, MATIC, FTM, and mainnet chains
On a 14 day theoretical simulation using Archimedes and Mozaic's omnichain stablecoin vault, Archimedes rebalanced funds on AVAX for 5 days, Mainnet for 4 days, and alternated between OP, MATIC, FTM, and mainnet chains
By rebalancing amongst different chains and capturing different yield, Archimedes was able to get a geometric daily expected return of 19%.
Leaving 100% of your assets in the best performing vault over the same time period only elicited a 14% return.
Leaving 100% of your assets in the best performing vault over the same time period only elicited a 14% return.
A live test was also done on Stargate's single-sided pools with an APY data extraction tool used to capture necessary modeling data to train Archimedes.
This extraction tool extracts any APY data block by block.
This extraction tool extracts any APY data block by block.
Now most protocols use their own token emissions to boost pool APYs.
Another test was done on Archimedes to see how it would perform when it sells the token rewards.
The below pic shows Mozaic's competitive edge against the average user.
Another test was done on Archimedes to see how it would perform when it sells the token rewards.
The below pic shows Mozaic's competitive edge against the average user.
Hercules, their Genesis Vault, will launch as an intelligent Omnichain strategy.
It will launch on the following chains:
Arbitrum, Optimism, Binance Smart Chain, Avalanche, Polygon, Metis.
The initial farms on launch will be the single-sided Stargate staking pools.
It will launch on the following chains:
Arbitrum, Optimism, Binance Smart Chain, Avalanche, Polygon, Metis.
The initial farms on launch will be the single-sided Stargate staking pools.
For 3 months following the launch, 35% of the fees the protocol generates will be used to help boost the Genesis Vault APY.
There is a plan for an Arbitrum ecosystem vault with assets such as ARB, GRAIL, GMX, MAGIC, ETH, USDT.
Then AI powered dual sided LPs...
There is a plan for an Arbitrum ecosystem vault with assets such as ARB, GRAIL, GMX, MAGIC, ETH, USDT.
Then AI powered dual sided LPs...
Mozaic makes great use of the omnichain capabilities that @LayerZero_Labs offers.
This lets Archimedes farm across 21 different chains and have the ability to Multichain Zaps.
This will let you zap into a Mozaic vault using any asset from any chain.
This lets Archimedes farm across 21 different chains and have the ability to Multichain Zaps.
This will let you zap into a Mozaic vault using any asset from any chain.
Mozaic seems to have a lot more on the horizon with their docs hinting at a "stable" called mozStable (that is the Hercules LP token) being used as borrowing collateral.
They'll also have a Leaderboard where you can earn points by getting/holding xMOZ and putting funds in vaults
They'll also have a Leaderboard where you can earn points by getting/holding xMOZ and putting funds in vaults
As mentioned above, Mozaic will have a token, $MOZ.
MOZ will be an Omnichain Fungible Token (OFTv2) and will have a 1 billion finite supply minted at genesis.
You can convert MOZ to xMOZ at any time, but to go back you must vest your xMOZ at a max of 45 days.
MOZ will be an Omnichain Fungible Token (OFTv2) and will have a 1 billion finite supply minted at genesis.
You can convert MOZ to xMOZ at any time, but to go back you must vest your xMOZ at a max of 45 days.
If you were looking for an airdrop, well you're in luck.
According to their docs, Mozaic will airdrop 2.00% of the supply (or 20,000,000 MOZ) to help snag some Mozaic DAO participants.
The DAO will provide governance and eventually, will decide on where/how to direct rewards.
According to their docs, Mozaic will airdrop 2.00% of the supply (or 20,000,000 MOZ) to help snag some Mozaic DAO participants.
The DAO will provide governance and eventually, will decide on where/how to direct rewards.
The DAO will have 3 levels of membership.
1. DAO Member - can discuss ideas
- Must hold MOZ
2. Participant - can submit and vote on props
- Must hold xMOZ
3. Senator - have the ability to put forth official proposals
1. DAO Member - can discuss ideas
- Must hold MOZ
2. Participant - can submit and vote on props
- Must hold xMOZ
3. Senator - have the ability to put forth official proposals
I'm honestly pretty hyped about Mozaic which is rare for me cause I wasn't really aboard the AI train before.
But this actually is a decent usecase for it and I love the Omnichain integration.
If you know me, you know I'm all about that Omnichain life.
But this actually is a decent usecase for it and I love the Omnichain integration.
If you know me, you know I'm all about that Omnichain life.
I appreciate y'all reading! Feels good to pop a thread out!
Definitely gonna see more Mozaic content from me. Omnichain related projects are one of my biggest bets for the future!
Follow me @schizoxbt for more.
Like/Retweet the first tweet below if you can:
Definitely gonna see more Mozaic content from me. Omnichain related projects are one of my biggest bets for the future!
Follow me @schizoxbt for more.
Like/Retweet the first tweet below if you can:
Loading suggestions...