Enzyme’s Sulu is live!

Published on: 15.02.2022

Enzyme v4 on Ethereum, also known as Sulu is now live. It’s been a long development cycle but Enzyme is confident that it has been worth the wait. They are also delighted to let you know that Sulu will be released on Polygon in the weeks ahead.

TLDR:

  • Users can begin the upgrade process
  • You’ll find that the interface has had a complete revamp
  • App performance should be much quicker & smoother
  • A Sulu mainnet release will follow on Polygon in the weeks to come!
  • You’ll see new DeFi integrations popping up by the day from here-on
  • This release will support arbitrary adapters going forward. You no longer need the council to vote in an adapter, just add it yourself!

New Sulu features:

  • Transferrable vault shares make it possible to create liquidity pools and trade vault tokens on the secondary market if you wish to do so!
  • A suite of new risk management tools makes it possible to delegate execution to third parties for efficiency with full protection.
  • Redeeming is now possible in a single asset as well as “in kind” (you decide)
  • A new type of fee is customizable on exit
  • Don’t worry about gas costs anymore! Set up the gas relayer and submit a refund request to the vault
  • Borrowing is now possible, which opens up a huge new array of products
  • We’ll be releasing more than 25 new curve pools in the coming days
  • Staking any of the Curve LP tokens will be possible on Convex within a matter of days
  • Use MLN to pay your fees and make yourself eligible for a 50% fee discount!

 

 

SOURCE: https://medium.com/enzymefinance/enzymes-sulu-is-live-62721f3b2bb8

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