Hi everyone, excited to share that Mero has deployed on Polygon! Mero has been live on Ethereum mainnet for over a year and we just launched Polygon support today. I wanted to share this here as Mero is a pretty novel protocol that I think will bring a lot of benefits to Polygon DeFi users. Below is a short summary of what Mero is and what it can do. If you have any questions, comments, or feedback please share them in this topic or feel free to reach out to me via Telegram.
What is Mero?
Mero is a reactive liquidity protocol that provides users with an easy way to ensure that their assets are always allocated where they are most efficient. Mero puts your assets in the right place at the right time. On Mero, LPs earn yield up until the very moment their assets become more efficient elsewhere. At which point, the protocol shifts liquidity to where it’s needed per the user’s requests.
What does Mero solve?
The prospect of capital efficiency has been chased by DeFi protocols for years. All of which have their own ideas and ways of making your capital more efficient. However, none of them address the core problem, portfolio management. Due to the 24/7 nonstop nature of crypto markets, keeping your capital allocated across DeFi efficiently is virtually impossible to do manually. True capital efficiency happens when your assets are reallocated at the instant it becomes need, not when you end up noticing it. Mero solves this problem by introducing automated liquidity delegation. Enabling users to ensure that there assets are always earning yield up until the very moment they are more efficient elsewhere.
Using Mero
On Mero, users are free to pick and choose which features they use. Just want to farm yield? Deposit into a Mero pool and earn auto-compounded yields. Want to automate your portfolio? Register an Action on Mero like Aave collateral top-ups or debt repayments. When registered, Mero will generate yield with your assets up until the very moment a top-up or debt repayment is needed. At which point, your assets will automatically be delegated on your behalf.
Resources
- Website: https://mero.finance/
- Docs: https://docs.mero.finance/
- Github: Mero · GitHub
- Twitter: https://twitter.com/merofinance
- Medium: https://merofinance.medium.com/