Beefy Launches Cowcentrated Liquidity Managers on Avalanche
Beefy has introduced new Cowcentrated Liquidity Managers (CLM) for PharaohExchange on Avalanche. These CLMs automate concentrated liquidity pool management for several token pairs, including WAVAX-USDC, WETHe-WAVAX, BTCb-WAVAX, and USDT-USDC.
Key features of the CLM include:
- Automated management of liquidity positions
- Yield optimization through regular fee harvesting
- Cost-efficient aggregation of user deposits
- Range management using an 'alt' position
- Safety measures to protect users during high volatility
- One-click deposits with any token via Zap
- Performance tracking dashboard
This launch aims to optimize returns and minimize user effort in managing concentrated liquidity positions.