Savvy will now integrate with the GMD Protocol as a new yield strategy for users!
Savvy’s integrated GMD Protocol yield strategy will support gmdUSDC, gmdBTC, gmdETH, and gmdUSDT as collateral to offer a new source of competitive yields for yield farming and/or auto-repaying loans.
GMD is a yield-optimizing and aggregating platform built on GMX that employs delta-neutral or pseudo-delta-neutral strategies to aggregate protocol-generated yields. These yields eliminate the risks of impermanent loss or exposure to unwanted assets. Once live, Savvy will use the single-sided faults on the GMD Protocol platform as a yield strategy for 0% interest, auto-repaying loans.
Savvy’s GMD adapter has gone through an audit with Secure3. The full audit report will be available soon when we announce other new yield strategies.
Stay tuned for more updates on our integrations on our Twitter and join our Discord! Try out the GMD yield strategy here: app.savvydefi.io