The recent launch of the Co-Pilot DeFi solution for Margin Syndicate marks a significant advancement in decentralized finance management. This solution operates by sharing private keys, with plans to integrate Gnosis multisig shortly.
Here’s a detailed breakdown of how this innovative solution works and its benefits:
How the Co-Pilot DeFi Solution Works:
- Customer Input:
- Customers provide their profit target and risk tolerance.
- Strategy Selection:
A suitable DeFi strategy is identified on-chain based on the provided inputs. - Management and Monitoring:
- The solution manages the investments, continuously monitoring the performance of the smart contracts.
- Adjustments are made if the performance deviates from the customer’s expectations.
Key Features:
- Profit Target and Risk Tolerance:
Customers can set specific financial goals and acceptable risk levels, ensuring personalized investment strategies. - Smart Contract Management:
Continuous management and adjustment of smart contracts to stay aligned with customer expectations. - Multisig Security:
Shared private keys and the forthcoming integration of Gnosis multisig enhance security and trust.
Benefits:
- For Customers:
- Access to Safe High Yields:
Customers can access high-yield opportunities in DeFi with added safety measures. - Simplified Experience:
The solution simplifies the complex and often daunting user interfaces of various DeFi projects.
- For DeFi Projects:
- Increased Liquidity:
Projects with complex UIs benefit from increased liquidity as more users can navigate and invest through the Co-Pilot solution. - User Engagement:
More users are likely to engage with DeFi projects due to the simplified access and management provided by Co-Pilot.
Example Scenario:
- Customer APY:
A customer earns a 68.44% APY by staking USDT in a specific protocol. - The protocol is identified based on the customer’s profit target and risk tolerance.
- Co-Pilot manages the staking process, ensuring the customer’s funds are securely invested and yield the expected returns.