Cowcentrated Liquidity Managers are automated CL postions. ๐Ÿ†‘ $CRV - $WETH: 1300% APY ๐Ÿ†‘ $SNX - $WETG: 70% APY ๐Ÿ†‘ $USDCe - $WETH: 40% APY ๐Ÿ†‘ $USDT - $WETH: 30% APY ๐Ÿ†‘ $DAI - $WETH: 30% APY ๐Ÿ†‘ $WBTC - $USDC: 30% APY https://t.co/nK01cTTD2M EasyFi DeFi 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. @Optimism @curvefinance @synthetix_io #bitcoin #defi #ethereum