The Genesis of Tesseract Finance
Tesseract Finance — bringing the best vaults and yield farming strategies from ETH to Polygon.
Tesseract Finance — a multi-dimensional yield farming protocol. Their first dimension — Polygon has launched with four main vaults: USDC, DAI, WBTC and WETH, united by a common strategy (leveraged AAVE). A note for all the farmers out there: your safety is number one priority. That’s the reason why they will have a 1M$ cap per vault initially.
Creating a stable, safe, yield aggregator on Polygon will allow regular users to enjoy the benefits of passive yield generation without the manual labor associated with yield farming. All you need to do is deposit the funds in our vaults and we’ll take care of the rest. You can start by visiting our vaults page here.
Tesseract as you probably know is a four-dimensional cube, Polygon is the first deployment but they are itching to visit many more dimensions in the future.
Tesseract would be the first project to join Yearn Finance’s YFI Combinator program.
YFI Combinator is a new initiative that aims to grow, expand, and nurture new projects that wish to join the Yearn Ecosystem. This means that they will work closely with Yearn’s core developers to bring Vaults to Polygon. Tesseract is on a YFI Combinator review period until the 1st of January, after which there will be a decision about officially merging Tesseract into the Yearn Ecosystem.
Tesseract will have a separate UI and a separate domain but with clear YFI Combinator support. They have a dedicated channel in the Yearn Discord, a separate and dedicated Twitter account, and a TG Announcement channel. Tesseract’s multisig will be staffed by recognized individuals from the ecosystem as well as Yearn Finance team members.
It is our firm belief that the future of blockchain will be a multi-chain universe and Polygon is one of the first protocols to give us a glimpse into that future. We are honored and humbled to be working with Yearn Finance and will do our utmost to make Tesseract Finance a worthy addition to the Yearn Ecosystem.
In the words of legendary Yuri Gagarin : Poyekhali!
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SOURCE: https://medium.com/tesseract-finance/the-genesis-of-tesseract-finance-9b73400a05b1