Introducing Mimic
We are excited to announce Mimic!
Mimic is a platform to automate the way teams interact with different DeFi protocols making their assets management experience much easier than before. It simplifies the interactions with DeFi protocols by automating them into actions that are triggered when pre-set conditions are met. These actions determine how assets are swapped, bridged, allocated, or withdrawn, among other things.
Mimic is specially suitable for treasury management, where you can simplify and speed up complex tasks while standing on top of every detail. However, thanks to its enormous flexibility, Mimic can target tons of other use cases of this constantly-changing ecosystem while remaining transparent, trustless, and non-custodial.
For instance, these are some dynamic scenarios that are currently being explored by some DAOs, funds, and individuals:
- Collect assets from different places, swap them at the best rate among decentralized exchanges, and join a specific ERC-4626 vault.
- Provide liquidity to an AMM pool, keep track of the earnings obtained from swap fees and liquidity mining, and withdraw those gains on a monthly basis.
- Bridge assets between lending protocols from different layers depending on which one offers the best interest rate.
- Switch your market maker positions on an AMM protocol by joining or exiting pools when their TVL, volume or APY reach certain pre-set conditions.
These are just a few examples, Mimic opens the doors to model any other type of actions that could be automated to improve your treasury management experience.
What’s next?
Over the next weeks, we will be working closely with some DAOs and funds to automate their treasury management and DeFi processes, extending our platform to cover more use cases. If you are a member of a DAO, a company, or someone that would love to save time by automating your interactions with DeFi protocols, contact us!
To learn more about Mimic, you can go ahead and check out the website, and read the whitepaper or the docs. To stay up-to-date, follow us on Twitter. To join the community, head over to our Discord and introduce yourself.
