(Hong Kong, Dec. 13 2024) SOFA, an innovative DeFi yield protocol enabling structured products on-demand, has launched a brand-new Automator service to simplify the user-journey into on-chain options even further.
Promising a high-yielding, risk-controlled, automated and gas-efficient yield farming experience, DeFi users can now ‘deposit and forget’ by taking advantage of the Automator vaults to roll their deposits into systematic vol-trading strategies. Furthermore, the protocol will further leverage the community brain trust by allowing leading strategy creators to design, manage, and execute their own SOFA strategies with a few simple clicks.
As the interest for yield trading strategies continue to rise, the SOFA team is focused on leveraging its expertise on options trading to provide users with a unique approach to earning sustainable income regardless of trading experience. The design of the Automator perfectly aligned with this vision, as users can automatically follow and execute Optivisor strategies with no additional gas fees, ensuring maximum returns with minimal hassles.
Furthermore, the Automator provides a win-win framework that allows Optivisors to earn a share of the user upside by providing the latter with a profitable and hassle-free trading experience. Strategies can be designed to cater to any market condition, allowing full versatility regardless and a full tailored experience unique to the Optivisor’s own DNA.
The new Automator service is a key step to SOFA’s mission of bringing simplified on-chain volatility products to the masses without a quality compromise. Visit the SOFA platform and try on the Automator service to tailor your strategies today!
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About SOFA
SOFA is a decentralized, open-source DAO dedicated to developing a trustless, DeFi ecosystem capable of atomically settling financial assets on the blockchain. The first development focuses on crypto structured products, allowing users to earn downside-protected yields with zero counterparty risks on-chain and on-demand. Subsequent services will allow users to design their own on-chain option trading strategies, dramatically lowering the threshold to provide on-chain option products for the masses. SOFA is supported by a number of leading DeFi builders and crypto platforms, and more information can be found at www.sofa.org.