Beefy's Cowcentrated Liquidity Managers are now on @Optimism! ๐Ÿ†‘ $WLD - $USDC: 140% APY ๐Ÿ†‘ $WETH - $USDC: 55% APY ๐Ÿ†‘ $OP - $WETH: 50% APY ๐Ÿ†‘ $USDe - $wstETH: 20% APY https://t.co/nK01cTTD2M Concentrated Liquidity Made Easy What is CLM? Beefy CLM is designed to manage concentrated liquidity pools efficiently. Concentrated liquidity pools allow users to provide liquidity within a specified price range, earning higher fees but requiring constant management to stay in range. CLM automates this process, minimizing user effort and error while maximizing returns. Key functions of CLM: โ–ช Automated Management: CLM automatically handles liquidity positions, reinvests trading fees, and resets positions to keep them within the optimal range. โ–ช Yield Optimization: By harvesting and reinvesting fees regularly, CLM enhances the compounding effect, increasing returns for users. โ–ช Range Management: CLM uses an "alt" position to ensure assets remain deployed and earning, even when the primary position falls out of range, avoiding the need for rebalancing. โ–ช Cost Efficiency: Aggregating user deposits reduces individual costs by spreading gas fees across many users. โ–ช Safety Measures: CLM incorporates "calmness checks" to prevent deposits during periods of high price volatility, protecting users from potential losses due to sudden price changes. โ–ช Zap Activated: Easily deposit with 1-click into a CLM with any token. This reduces the need to manually build LP positions, purchase tokens, and use multiple projects just to get started. โ–ช Performance Tracking: Utilize the dashboard feature to get a crystal-clear visibility into your portfolio's performance. @worldcoin @ethena_labs @lidofinance