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Astrolab Finance is an omni-chain yield aggregator allowing users to deposit assets in pools located on multiple chains with just one click. Bridging, routing and compounding is done automatically. Astrolab lets users allocate their capital both safely and efficiently in a challenging multi-chain DeFi environment.
Astrolab leverages state-of-the-art cross-chain messaging technologies, allowing for communication between DeFi protocols on independent blockchains. As everything is done on-chain in a decentralized way, users always stay in full control of their capital. Deposits and withdrawals can be carried out at any time, in a permissionless and trustless manner.
Composability is one of the best features of DeFi, and Astrolab is being built with the long-term vision of fully merging with the EVM ecosystem. Users should, for example, be able to use their deposited capital as collateral to contract loans or to leverage their deposits even further. Astrolab sits at the start of your DeFi strategy, not the end.
These features will be supported by innovative tokenomics creating a positive feedback loop, also known as the ‘flywheel effect’.
Crates are the main product of Astrolab. They correspond to multichain, multipool vaults allocating assets across EVM chains. They are composed of different underlying assets, such as USDC, ETH, FRAX, and have different risk profiles, thereby allowing users to optimize their risk exposure.
After users have deposited their assets, they receive a proportional amount of Crate tokens. These serve as proof-of-deposit and can be redeemed at any time for their underlying value. Crate tokens follow the ERC-4626 standard, and can therefore be used as collateral in other DeFi protocols by users seeking to improve capital efficiency.