Announcing Accumulator — Your Yield-Aggregator to maximize DeFi earnings in Shimmer
Welcome to the world of DeFi! We are excited to announce Accumulator, a yield-aggregator and optimizer that will launch on Shimmer and Assembly
Hello, we’re excited to announce that Accumulator will launch on both Shimmer and Assembly in the near future.
Accumulator is an aggregator service for decentralized finance (DeFi) investors, using automation to allow everyone to maximize profits from yield farming opportunities.
But what is an aggregator service I hear a lot of you ask?
Accumulator allows its users to easily maximise yield (returns) on their crypto in a safe and decentralized manner. We achieve this through a set of smart contracts and several investment strategies, Accumulator automatically maximises the user rewards from various liquidity pools (LPs) on decentralised exchanges and other yield farming opportunities in the DeFi ecosystem, by taking the rewards and compounding them back into the principal yield earning opportunity. This service is automated and offers a big advantage over manually compounding returns as our service saves time, fees and is more efficient at increasing returns.
So let’s talk about Tokenomics and how we’re focusing on the community
Accumulator will adopt a fair token distribution mechanism and healthy tokenomics:
- No private sale or VC
- No public sale
- Governance token which generates revenue from the protocol
- Raising initial liquidity which will be owned by our community
- Small allocation of airdrops to specific partners investors
Accumulator’s tokenomics ensures that investors start on a level and fair playing field, we’re putting the community first. The specific tokenomics model will be shared with the community soon!
We’re serious about Security
Let’s talk about security briefly, yes I know it’s not as sexy as some of the returns you can achieve in DeFi, however, it is extremely important to us that your investment is safe. With security in mind, we will be completing a full audit of our code, using battle-tested forked code and using the ongoing services of security experts.
So what can you expect next from us?
Well you’ll be hearing a lot more from us on twitter (@ACCU_DeFi) so be sure to follow, like and share our posts.
We’re working with a number of DeFi protocols looking to launch on Shimmer, so expect to hear about some amazing partnerships soon.
We’ll be introducing the team shortly, who are an experienced set of developers who are looking forward to the opportunity to build and develop on top of IOTA.
You’ll have the opportunity to learn a lot more about DeFi in general and how you can safely use our services through a series of medium articles coming up.
We will launch our discord channel and website in the coming weeks including a gitbook which will include more technical information.
You’ll also have the opportunity to meet some of our mascots soon, starting with our furry squirrel below called “Passionate”, you’ll be able to win/earn these cute mascots as NFTs soon (psssst a little birdie told me they may have some fun utility).
Passionate is busy accumulating and harvesting nuts to increase his yield, I hope you can join us on this adventure soon!