Archimedes finances today announced the launch of its liquidity pool on Curve as part of its two-phase launch to the Ethereum mainnet. The Archimedes marketplace is designed to provide leverage and NFTs, as well as liquidity providers, with sustainable, real-world income opportunities for borrowers. Archimedes enables DeFi users to earn market-leading APY returns on their stablecoins, which are expected to start at ~15% for liquidity providers.

The core of Archimedes is his lever motor. With this mechanism, Archimedes is able to offer borrowers up to 10x leverage on their own yield-generating assets. Leverage is driven by incentives for LPs (Liquidity Providers) to park their otherwise idle stablecoin assets in the Archimedes 3CRV/lvUSD liquidity pool, a pool of all stablecoins, on Curve Finance. This particular stablecoin pairing of 3CRV and lvUSD, Archimedes’ own internal stablecoin, offers the LP a more passive revenue generation experience and an APY that consistently competes for the best in the industry.

What this means for liquidity providers:

The liquidity pool on Curve ensures that Archimedes never holds funds from liquidity providers. This means users can withdraw their liquidity from Curve, one of DeFi’s most trusted stablecoin DEXs, at any time.

The liquidity provided in the Archimedes pool is used in a way that not only rewards LPs with sustained APY top of the market, but also allows those operating on the borrower side of Archimedes to use one of the whitelisted Archimedes leveraged return strategies to achieve leverage.

The more liquidity Archimedes attracts, the more leverage it can lend to borrowers, which in turn creates a yield cycle that pleases both parties. It’s a great opportunity for borrowers looking for a choice of leveraged returns, and an equally great opportunity for lenders who have lower risk appetites than their borrower counterparts.

What problems does Archimedes solve…