A New Way to LP
Introducing A New Way to LP
Autopilot, a novel LP Aggregator, unlocks a new way to LP through Autopools.
Users deposit assets into an Autopool, each representing a set of potential deployment destinations for the Autopilot.
From there, Autopilot takes over, autonomously monitoring the underlying pools and leveraging its powerful logic to rebalance – thus abstracting the complexity associated with rebalancing, compounding, and staking of LP tokens away from the user. The Autopool receipt tokens (e.g., autoETH) are yield-bearing and can be seamlessly integrated across DeFi.
The user experience is simple:
LP chooses an Autopool, deposit ETH via a simple, gas-optimized transaction and gets back the yield-bearing receipt token (e.g. autoETH);
Autopilot monitors the underlying pools and rebalances
Autopilot auto-compounds rewards back into the Autopool
LP uses Dashboard to keep track of the Autopool's performance and other metrics
Providing liquidity to a set of pools becomes as simple as swapping tokens or making a simple deposit.
"What DEX aggregators did for traders, Autopilot is doing for LPs."
On a broader scale, Autopilot's goal as an LP Aggregator is to replace direct interactions with DEXs, acting as a funnel that routes all deposited liquidity based on market rates. This approach expands the addressable market for liquidity provision to any asset holder seeking passive earnings, while simultaneously enhancing market efficiency and overall liquidity.
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