Concentrated Liquidity Manager Launches New Products with High APYs
Concentrated Liquidity Manager, a yield optimization platform, has announced the launch of several new products offering high annual percentage yields (APYs) on various cryptocurrency pairs. The new offerings include a 25% APY on ETH-USDC, a 95% APY on MAGIC-ETH, a 25% APY on WBTC-ETH, a 360% APY on ARB-USDCe, and a 170% APY on ETH-USDT pairs. The platform claims to automate compounding trading fees from concentrated liquidity positions and minimize out-of-range positions. The new products are currently in beta and available on the Uniswap and Arbitrum networks.