ETHA Lend’s Mainnet is on the Horizon: Launch Scheduled for July 15th

ETHA Lend is a multi-chain yield optimizer that aims to simplify the DeFi space and provide optimal yields with their 700X faster discovery algorithm700X faster discovery algorithm. The protocol has announced the much-awaited launch of its Mainnet on July 15th, 2021.

Inarguably generating yields on your otherwise static assets has been one more profound use cases of DeFi. It then doesn’t come as a surprise that there has been a flurry of yield generating projects that are now entering the market. Several key factors put ETHA Lend at the forefront of the DeFi yield market in such a frenzied iteration. As a yield optimizer, ETHA Lend generates incredible yields and optimizes them to enhance the returns on the user’s investments.

Game-Changing Features for optimal and sustainable yields

A look at the protocol’s features that will roll out with the Mainnet gives us a better insight into its mind-blowing potential:

1. The eVaults:
   
   ETHA Lend vaults take the concept of money legos to heart. The protocol has introduced a hybrid vault strategy for users not keen on their assets getting exposed to fluctuating market volatility. Two eVaults, including Curve and QuickSwap, will launch along with the Mainnet, wherein users can deposit stable assets such as USDT, USDC, and DAI to receive maximized returns in volatile assets such as ETH, BTC, and ETHA tokens.This stable asset strategy makes it easier for users to speculate the performance of their yields while also enjoying high returns by most measures. Not to mention, the impermanent loss feature on the Curve and QuickSwap eVaults takes away the fear of economic risk by a large margin. The protocol plans to expand on its vault strategies, LP pair deployment, phase by phase.
2. The Discovery Algorithm:
   
   The brainchild of ETHA Lend, its discovery algorithm factors in the volatility of the asset present and past yields, the latest gas cost, history of yields, the budget of assets supplied to calculate optimal asset allocation.
   It takes less than a second for this discovery algorithm to calculate asset allocation for an asset supply of a Million USD, making it 700 times faster and more efficient than any other existing solution on the market.
3. The ETHA Smart Wallet: 

   ETHA Smart Wallet is a non-custodial wallet that can take multiple different transactions and batches them into one transaction. To the bare eye, this might seem like a feature that maximizes time efficiency, but there is a lot underneath that the wallet brings to users. For example, imagine you have MATIC in your ETHA Smart Wallet, but you want to invest in the Curve eVaults using DAI. Now, you could either choose to pay the gas required to pay for all the transactions to acquire DAI tokens by converting your MATIC tokens. Then you come back and redeposit these assets into the vaults. This is where ETHA Smart Wallet changes everything! It will convert your assets into suitable assets, no matter and no matter how many transactions it requires, you will still be paying the gas fees for one.
   Other features, such as wallet delegation, eliminating the need to pay approval or authentication gas fees when you interact with protocols or dApps you haven’t interacted with before, lead to incredible efficiency and significant gas savings down the line.

4. The ETHA Lending Market: 

   ETHA Lend factors in users’ own data and algorithms to offer the best asset allocation and APYs in the market. The protocol increases capital utilization to reduce the spread between optimal returns and lending rates. It does this thanks to a highly consolidated supply rate model that dampens the impact of short-term volatility on the discovery algorithm, thus providing lenders a much more stable and predictable lending experience.

The Future of Cross-Chain DeFi yield optimization is here!

The protocol takes a structured approach to security, testing, and deployment of its codes and smart contracts. Their auditing process is immaculate and undergoes constant thorough formal internal testing. Every new strategy and functionality or protocol integration on ETHA Lend goes through a series of tests and checks.

The protocol is proud of its strong community and understands that it is vital for any project in the DeFi space. The protocol has fostered a community based on trust, transparency, and sustainability, with strong incentives and the true potential to finally offer DeFi users a chance at optimal yields that do not come with a price. Their ethics, features, and vision make the protocol worthy of being considered one of the most anticipated launches of DeFi 2021.

ETHA Lend’s Mainnet launch on July 15th is a much-anticipated event. It would be interesting to see the emergence of a protocol truly dedicated to the masses. You can find more information about the protocol on their700X faster discovery algorithm or700X faster discovery algorithm, or even join the community channel on700X faster discovery algorithm to keep up with the updates.