Kumu Finance — a decentralized yield aggregator, powered by Klaytn, an EVM compatible DApp, built on one of the fastest growing blockchain ecosystems. The protocol is designed to serve users with a variety of tolerable risks, as well as safer, more accessible and more efficient farming.
What is Kumu Finance?
Kumu Finance — an AMM protocol that includes yield optimization on Klaytn with low fees/slippage, and provides aggregation through storage compounding, lending and yield generation.
AMM for stablecoins from Kumu Finance offers users the most efficient way to exchange, with significantly less slippage than alternative exchange protocols. Kumu Finance also aims to provide users with maximum returns through a combination of trading fee rewards and a storage system for multi-strategy optimization.
Users don't have to actively move their assets between protocols to find the best yield, as KumuFinance vaults do it for them. This guarantees the highest possible reliable returns as it brings together many parts of the DeFi ecosystem. As Kumu Finance incorporates more strategies, assets and chains, this effect is expected to grow steadily.
Storage on the platform
Vaults — investment vehicles that use a specific set of farming strategies. They use automation to continually invest and reinvest deposited funds, which helps to achieve high levels of compound interest. By using Kumu storage to increase your profits, you save thousands of transactions with associated gas and personal time costs. Instead of manually collecting and selling rewards, buying more tokens and constantly reinvesting them, the vault does it all automatically at high frequency.
Storage features:
| 1. | Apply farming strategies effectively. |
| 2. | Add the reward to the originally deposited amount of the token. |
| 3. | Use a specific asset as liquidity. |
| 4. | Provide one asset as collateral for another. |
| 5. | Manage collateral at a safe level to mitigate liquidation. |
| 6. | Put a specific asset to work to generate income. |
When looking at vaults on the platform, you will see Annualized Percentage Yield (APY), which accounts for frequent compounding, compared to Annual Percentage Rate (APR), which does not. You will also see the daily interest and the total amount, invested in storage by all users (TVL). In addition, you can see which underlying platform the vault uses as a source of revenue.