LazyOtter Finance is a DeFi protocol jointly incubated by OneDegree, Hong Kong’s largest virtual insurance company, and Hailstone Labs, Asia’s leading Web3 startup studio. Since its establishment, LazyOtter Finance has quickly emerged in the field of decentralized finance and further consolidated its reputation in the DeFi ecosystem by actively participating in various large-scale conferences and hackathons.

  • ETH Hong Kong Hackathon 2nd Place

  • Bybit x MoleDAO Demo Day 2nd Place

Through the core team’s rich insurance professional and risk management experience, as well as the innovative spirit of blockchain technology, LazyOtter is redefining the DeFi field. They aim to simplify and ensure users’ interactive experience with decentralized finance, with the goal of becoming the preferred platform for revenue optimization and risk management.

Exploring the world of DeFi can be confusing and unsettling for many users, as different projects provide different definitions of parameters such as returns and risks, which makes investment decisions more complicated. LazyOtter Finance makes decentralized finance more approachable through its comprehensive solutions. By gathering and providing accurate income data and in-depth participation in each project, every investment of users undergoes a rigorous and prudent evaluation process.

In addition to accurate presentation of revenue optimization, LazyOtter also uses its professional insurance and information security background to provide in-depth risk analysis. Through rigorous insurance underwriting methods, transparent risk assessment levels are defined for users, which greatly saves users the time and effort of self-research; there is no need to repeatedly check data and calculations between different websites, LazyOtter simplifies the investment process for users. Simple, helping users easily find the best revenue opportunities on Scroll. Users can choose to open deposits through the risk levels of the LazyOtter platform, and the platform will continuously monitor on-chain transactions and provide immediate response services when abnormal situations occur, effectively improving the ease of use and robustness of DeFi.

Co-Founder Marco Lau said: "Our mission is to make DeFi simpler and safer and provide the best income opportunities for all users. LazyOtter Finance is committed to breaking the complexity threshold of traditional DeFi through accurate income data and Comprehensive risk management allows users to participate in this potential market with peace of mind. With the launch of Scroll and the launch of AI consulting services, we will continue to enhance the security and risk management of the platform to provide users with a reliable DeFi investment experience. "

In order to further protect the security of users’ funds, LazyOtter Finance recently cooperated with DeFiHackLabs to hold “Let’s Scroll Taipei” and “Scroll Vortex Hackathon” to demonstrate the team’s pursuit of security and gather the strength of the community.

LazyOtter will be officially launched on Scroll in the near future, and a multiple Otter Points reward program will be launched for new users. Users only need to deposit funds into LazyOtter's vault to receive the corresponding number of Otter Points (deposit time x deposit amount = points earned). In addition to the Otter Points rewards from the platform, users can also "eat more from one fish" and obtain Scroll Marks, Otter Points and underlying protocol points at the same time in a single process; when users invite friends to participate in activities, they can also receive invitee deposits 20% of the amount as a bonus!

Looking to the future, LazyOtter is developing AI consulting services to reflect project risk data into users' personal risk profiles to provide a customized DeFi experience; in the future, it plans to launch DeFi insurance products to further enhance user security. As DeFi continues to grow, LazyOtter looks to lead the market and create a mass-adopted wealth management platform.

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This article A new choice for DeFi players: LazyOtter Finance x Scroll’s multiple reward plan! First appeared in Chain News ABMedia.