Toros

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Toros Finance is a platform which provides automated Dynamic Vaults with various investment strategies.

Dynamic Vaults

Ethereum Managed Liquidity

  • The Ethereum Managed Liquidity vault automates Uniswap v3 liquidity range management. It expands and contracts the liquidity range to both maximize yields and remain in-range.
  • The vault is currently LPing the WETH-USDC 0.05% Uniswap v3 pool. It compounds earned LP trading fees and re-invests them back into the position.
  • This vault uses back-tested liquidity provision (LP) strategies to increase yields and minimize rebalancing losses. Rather than rebalancing entire positions, the vault extends and contracts the liquidity position to remain in-range. The strategy will evolve over time to capture more of the trading fees, including Just-In-Time (JIT) liquidity.
  • The expected returns on the strategy can vary depending on ETH price movements and trading volume. It will earn trading fees which are compounded over time. As the vault LPs with a stablecoin pair, the volatility is generally lower than by simply holding ETH.

Stablecoin Yield

  • The Toros Stablecoin Yield vault hunts for the best safe USD yields to hedge inflation. This vault automatically farms incentives from Polygon based stablecoin yield farms.
  • It’s a true aggregator; once a better stable strategy is found, the vault switches to it to maximize yield. Later, it will also expand to spread risk across multiple strategies at once.
  • Every time the pool stakes more tokens, it automatically harvests the rewards and rebalances the newly acquired stablecoins to restore equal weighting. After ensuring equal weighting, the pool then provides those assets as liquidity and restakes.
  • Upon depositing into dUSD, the algorithm ensures the deposited assets are properly rebalanced so they can be supplied as liquidity and staked.
  • dUSD is designed in a way so that investors have an auto-compounding stablecoin instrument that optimizes for the best yield without having to continuously manage the position themselves.

Toros Leveraged Tokens

  • Toros leveraged tokens allow users to obtain on-chain leveraged exposure for ETH and BTC. The strategy automatically manages and monitors leveraged loans, and abstracts away the active management. The algorithm used to maintain a safe and consistent Target Leverage Ratio (TLR) works to mitigate the risks of maintaining a healthy collateralized debt position.
  • Leveraged tokens utilize dHEDGE, AAVE, and 1inch contracts under the hood. This allows for an auto-balancing system to manage and maintain the capital to stay within range of the initial parameters.

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