Keeping Lazy Summer Protocol analytics organized in one place 📊
👉Join the @summerfinance_ forum to stay up to date with 📊: https://t.co/qn9YE2qzht
I’ve created a forum thread where I keep updates on @Dune dashboards covering:
– 🔴 NEW! SUMR Staking v2 https://t.co/tofo9yQf0x
– 📊Protocol metrics https://t.co/9GphdRDoNZ
– 🏛️DAO & governance https://t.co/Sj20ESnOm1
– 🏖️Lazy Summer Beach Club https://t.co/dY42XE5kOj
I’ll post regular status updates / changelog-style posts as dashboards evolve.
Say hello to the Lazy Summer Protocol 👋 — it automatically rebalances deposits across DeFi’s highest-quality yields.
Don’t chase yields — stay Lazy 😎🏝️☀️
@summerfinance_
#SUMR #DeFi #DeFiAnalytics #OnChainData #CryptoAnalytics #DAO
📉 Markets dumping. Volatility up. Just be Lazy...
stables parked.
yieldin’.
unbothered.
auto-rebalanced.
flourishing.
It’s the perfect time to park your stables with Lazy Summer — where yield is high, risk is managed, and everything rebalances for you.
Here’s what’s new 🧵👇
1/
The Lazy Summer Protocol keeps on COOKIN' 👩🍳
Introducing Migration from @MorphoLabs@compoundfinance and @aave lending positions.
🤑Get the best yields, automated with AI, now from your existing positions, in a single transaction.
📢Milestone unlocked: $70M TVL in just 5 weeks! 📢
We’re already #11 among all yield aggregators, and we’re just getting started.
Next up? New chains, new vaults, and more opportunities are coming next week!
Stop chasing yields; go lazy!
Lazy Summer Protocol is coming to @SonicLabs!
We’ve deployed Lazy Summer Protocol on Sonic, along with a new USDC Fleet featuring:
✅ Aave V3 USDC Ark
✅ 2x Euler USDC Arks
Now, these two proposals are live to finish setup:
1. Connecting Sonic to existing Lazy Summer chains.
2. Adding $SUMR rewards to the USDC Fleet on Sonic.
Proposals on the next post 👇
With the launch of $SUMR yesterday, the countdown to the launch of the Lazy Summer Protocol and it’s Lazy Vaults is on, and it launches February 11th - put it in your Diaries!
But what is the Lazy Summer Protocol? In a nutshell, it’s Automated Exposure to DeFi’s Highest Quality Yield. It’s Yield Aggregation 2.0, with AI Powered Keepers that continually reallocate assets to the best performing protocols and markets, up to ceilings managed by, in my opinion, the best in class risk manager, @BlockAnalitica.
Launching on Ethereum, @base and @arbitrum, it will support a wide array of protocols from day 1, including @aave, @compoundfinance, @eulerfinance, @0xfluid, @GearboxProtocol, @MorphoLabs (with markets from @SteakhouseFi, @gauntlet_xyz, @Re7Labs, @BlockAnalitica and more), @SkyEcosystem and @sparkdotfi.
At the start, there will be Vaults for $ETH, $USDC and $USDT.
What’s more, at @summerfinance_ we’ve been incredibly busy building a brand new app for the launch of the protocol which we hope will set a new standard for DeFi UX. As well as ordinary wallets, you’ll be able to get started with Email, Social or Passkey with accountkit from @Alchemy. No more seed-phrases and no account recovery, and if you use any of email, social or passkey on Base or Arbitrum, there are no gas fee’s for at least your first 10 transactions, so no need to buy ETH if you don’t have any - this is bringing DeFi into the fintech sphere. And just like with fintech apps, you will be able to deposit from bank accounts, cards and apple or google pay, and be earning the best rates available on top tier protocols in minutes.
We’re finally bringing DeFi to a point where we can realistically say we’re ready to onboard the next million users… let’s go 🚀
If you havn't claimed and staked your $SUMR yet, you're missing out on some juicy summer time yields... right now, almost 180% APY on SUMR.
If you have Rays on https://t.co/pyia32zQkY, you've got $SUMR to claim. Check your wallets now at https://t.co/bMuiaAsIjs
It's been just 3 days since the launch of the Lazy Summer Protocol, and already the TVL is over $12M across 5 Vaults on https://t.co/1NIDoY9XAV
Get automated exposure to DeFi’s highest quality yield, continually rebalanced by AI-powered keepers.
This is how easy DeFi should be
I've been asked a few times in the last 24 hours since the 12M TVL post in 3 days (now over 15M today) what is the Lazy Summer Protocol and why is it different, so i'll try and explain here...
TLDR; The Lazy Summer Protocol offers Automated Yield across DeFi's highest quality protocols on Ethereum, @base and @arbitrum. It has AI Powered Keepers which continually monitor and rebalance the supported Vaults offering users the best available yields within set risk parameters, managed by @BlockAnalitica.
Right now, it supports @aave, @compoundfinance, @eulerfinance, @0xfluid, @GearboxProtocol, @SkyEcosystem and @sparkdotfi with $USDC, $USDT and $ETH Vaults available.
One of the major differences though to many yield aggregators though is the modular nature of the protocol, and with it, three main components which make up the protocol, reduce it's risk for users and increase its performance;
1) The Vaults - These are ERC4626 vaults, which are governed by the SUMR token and it's community. SUMR token holders decide which protocols and pools/markets each Vault supports. They do not manage the risk though, this is done separately by an independent risk manager...
2) The Risk Manager - this is @BlockAnalitica, a completely independent party that manages all the risk parameters of each Vault, and it's supported markets. From deposit caps on the vault, to maximum exposure to any single market - both in fixed token terms, and as a % of TVL. But also limits on the maximum in and out flows during any single rebalance.
Importantly, the Risk Manager cannot choose which markets to onboard, this is only Governance. However if it does not agree with a governance decision to onboard a certain protocol - they have the power to never give it a deposit cap great than 0. A hugely important factor to consider for user, as the risk manager is managing exposure risk for the users, and not trying to chase profits for the SUMR token holders.
The risk manager also has no power to rebalance the protocols, so although they may set the caps, the authorised keepers still need to perform the rebalances and are again, another seperate independent party...
3) The Keepers - The keepers in the network rebalance the Vaults, and in the Lazy Summer Protocol, it uses an array of AI Agents to autonomously rebalance the protocols and markets within the Vaults to the best performing yields, within the risk parameters set by the Risk Curator.
Unlike many yield aggregators which rely on humans and multisigs to perform the rebalancing, these automated AI Agents react almost instantly within the cooldown limits set by the Risk Manager, to enable users to be constantly earning the best yield available, within the risk caps.
Having these three components, each independent and separate from the other, with their own powers, but also strict, onchain limitations, allows for an incredibly powerful protocol - both from a yield generation point of view, but also from a risk management perspective for the user. Each component is basically an expert in their agreed area, from the vault development and operation, through to Risk and then to the keepers.
And one of the best things about the design of the protocol is then the simplicity we can create from a UI point of view on https://t.co/Cip626BzV7
Was fantastic to spend the time with @GArentoft and @0xCadena of @StableLab to talk about the new Lazy Summer Protocol, and how user researched played such a bit part in our early design decisions and our vision for https://t.co/aiDx1ThJOA and yield aggregation. Listen now👇
https://t.co/pyia32zQkY and the Lazy Summer Protocol have joined the @turtleclubhouse meaning you can now earn a 50% boost on your $SUMR token rewards while getting automated exposure to DeFi's highest quality yields.
It's never been easier to earn the best yields in DeFi...
I’ve probably missed out a few, and this isn’t meant as an exhaustive list - more a comparison against some other major DeFi Protocols in the lending and yield space.
One thing is clear though - it’s been an outstanding first week for @summerfinance_ and the protocol 🚀
Spark, also connected with Sky and the AaveV3 fork with capital straight from Sky launched May 14th 2024 and climbed to just $2.3M excluding deposits from Maker. Today, Spark sits at nearly $3bn