what's Charm Finance?
Charm Finance is a decentralized finance (DeFi) protocol designed to create efficient on-chain liquidity for various assets, particularly through options and vaults. It operates as a liquidity super app, enabling users to easily provide and manage liquidity in automated market makers (AMMs) and other DeFi primitives. The protocol uses innovative mechanisms like gauge-based incentives and automated strategies to optimize yields and minimize impermanent loss for liquidity providers. At its core, Charm Finance leverages smart contracts to deploy liquidity into high-yield opportunities, such as curated vaults on platforms like Morpho and integrations with DEXs like Sushiswap. It supports features like VaultBridge for cross-chain yield generation and off-chain strategies for assets like AUSD, ensuring continuous yield accrual to LPs. The native token, CHARM, facilitates governance and incentives within the ecosystem.
Charm Finance manages uSOL/ETH LP on Katana for SOL integration.
Links
x.com/charmfinanceShipped a UI update featuring improved data display and smoother user experience for liquidity management.
Powers automated LP management for pools on Kodiak, Infrared, and Beraborrow on Berachain.
Charm Finance manages a uSOL/ETH LP pool on Katana as part of early SOL integration on the platform.
ALM vaults from Charm Finance are live on Katana, providing automated liquidity management for traders and LPs.