Archimedes Prepares Launch of its Innovative Lending and Borrowing Marketplace Providing Top of Market APY

 Archimedes Finance is soon launching its new, unique overcollateralized lending and borrowing marketplace on Ethereum mainnet, shortly after announcing its $4.9M in seed fundraise led by Hack VC. Archimedes will be launching its Liquidity pool on Curve on February 14 and its Leverage Engine on February 20.

The Archimedes protocol attracts capital by offering long-lasting higher APY than similar projects. Archimedes utilizes innovative mechanisms, such as a dynamic token emission rate, real yield, and representing a leveraged position of up to 10x on yield-bearing tokens with a tradeable NFT, featuring one of the most favorable risk to reward strategies in DeFi: stablecoins.

Lenders: Sustainable Top-of-Market Yields

For lenders (liquidity providers or LPs), the Archimedes platform was built to provide sustainable, top-of-market APY. To achieve this, Archimedes overcomes the issue of unsustainable tokenomics and rewards as more liquidity enters a pool.

Through its Dynamic Emission rate Archimedes has created a tokenomic structure that ensures its utility token, ARCH, does not suffer from the same overinflation problem that many other DeFi platforms face. Additionally, its approach to pay lenders with fees generated from borrowers (Real Yield), combined with the Dynamic Emission, is designed to ensure sustainable market-leading rewards.

Archimedes accepts funds from LPs in the form of USDC, USDT, or DAI deposited to its 3CRV / lvUSD liquidity pool on Curve, the Decentralized Exchange and AMM with the most stablecoin liquidity on Ethereum. Like ARCH, lvUSD is another digital token minted by Archimedes and is the “oil” of the Archimedes Leverage Engine.

Borrowers: Up to 10x Leverage on Stablecoins Without Liquidation Mechanism

For borrowers (leverage takers or LTs), the Archimedes platform provides the most advantageous risk-reward relationship via its up-to-10x-leverage strategy on yield-generating stablecoins, while choosing to not liquidate users in the…