Adamant is a non-custodial yield optimizer platform that provides users with an easy and safe way to maximize their yield farming income.
Many DeFi (decentralized finance) platforms reward users with tokens (farming rewards) for providing liquidity on their platform, such as the Sushiswap and Quickswap exchanges. Farmers who claim rewards often and compound them into their deposit will maximize their farming yield due to the power of exponential compound interest.
However, the process of compounding is a very tedious process, especially when you are staking on multiple platforms, and it is often hard to know the optimal frequency and timing of when to compound and reinvest your yields.
Compounding may also be quite expensive. On the Arbitrum network, it costs $2 to claim tokens from a staking contract, $3 to swap tokens, $3 to add liquidity, and $2 to deposit the new tokens back into the staking contract. Someone compounding once a day will spend thousands of dollars on gas fees over the course of a year.
Adamant's vaults automate this process, allowing farmers to drastically reduce gas costs, avoid the tedium of manually compounding, and maximize their yield.
Adamant currently offers over 100+ vaults for Quickswap, Sushiswap, and other leading platforms across multiple chains. Users deposit their assets into Adamant's vault contracts, which then automatically compound harvested reward tokens into more of the deposited asset up to 1000+ times each day.
Despite what the term 'Vault' suggests, your assets aren't locked: you can always withdraw at any time. While staked in a vault, you remain 100% in control of your assets.