A leverage engine that uses an undercollateralized stablecoin (lvUSD) collateralised with a Meta-vault’s (actively managed yield farm) stablecoin (OUSD) to leverage the APY of this Meta-vault.
Visit website
Founded
2022
Location
United States
Sub-sector
Leverage stable-coin
Active Regions
- Global
Why we invested
Believe in the proliferation of inherently yield bearing stables/assets due to them being more of a user-owned yield product sticking to the DeFi narrative.
As a market taking advantage of this type of asset, Archimedes is primed to grow with this asset. For example Sperax on Arbitrum becoming a primitive of a new ecosystem.
A composable part of the CRV stack, will provide high yields for LPs in a safe manner.
Meet the founder(s)
Oz Rabinovitch
CEO
Tomer Mayara
CTO
