LazyOtter Description:
LazyOtter aims to assist users in safely navigating the world of decentralized finance (DeFi) by providing risk-layered vaults that have been audited by SlowMist. Their vision is to utilize artificial intelligence, real-time risk analysis, and automated emergency withdrawals to enhance the security of DeFi for non-technical users. LazyOtter has been recognized for their efforts, winning second prize in Bybit and Moledao's Demo Day #5 and receiving support from Scroll, OneSavie Lab, and Hailstone Ventures.
LazyOtter, a Scroll native protocol, offers risk-layered vaults to help non-technical users manage their risk in DeFi. This is achieved through risk evaluation, real-time alerts, and automated emergency withdrawals. They have also confirmed plans to launch a token in their roadmap for Q4 2024 or beyond.
Currently in the alpha stage, the project has developed two Aave risk-layered vaults. The full launch on Scroll, which will expand the range of vaults, is expected sometime in Q3 2024. Early users may have the opportunity to earn an allocation of their token once it is launched.
Head to LazyOtter’s app
Connect your wallet and switch the network to Scroll.
You’ll need some ETH and/or USDC to deposit into LazyOtter’s risk-layered vaults.
Go to the “Vault” page.
Click on the AAVE USDC vault or the AAVE ETH vault.
Input the deposit amount and click on “Deposit”.
Sign the transaction with your wallet.
As well as a potential LazyOtter airdrop, Scroll Marks can be earned from the underlying protocols.
Keep your funds in the vault for as long as possible. Deposits earn 1 Otter point per $1 every day.
Deposit assets into new vaults once they launch. Another qualifier or multiplier could be users who have deposited into multiple vaults.
Invite friends using a referral link. Earn a 20% bonus on all points invitees earn.
Also, interact with their testnet and submit feedback in the Discord channel.
LazyOtter’s roadmap indicates a token generation event in Q4 2024 (or beyond).
However, please note that there is no guarantee that they will do an airdrop to the early users of the platform. It’s only speculation.