# Introduction to Metavisor Liquidity Optimization & Automation Platform ## Overview Metavisor is a liquidity optimization and automation platform for fully on-chain liquidity provisioning and management. On-chain liquidity is heavily fragmented and complicated for an average user and we aim to simplify that and bring the benefit to a larger audience. ## Offerings {% content-ref url="/pages/3yLCw4Hj31WfV4K4oPoD" %} [Concentrated Liquidity Management](/products/concentrated-liquidity-management) {% endcontent-ref %} ## Solutions Current set of available solutions we provide for each protocol. {% content-ref url="/pages/KfK6Bv3e1fuhhnQGGy9g" %} [Managed Vaults](/solutions/managed-vaults) {% endcontent-ref %} {% content-ref url="/pages/nN11XVj9efUdeoyRNEXk" %} [Sponsored Vaults](/solutions/sponsored-vaults) {% endcontent-ref %} {% content-ref url="/pages/WHIb5fuENoQcDdR3RmZg" %} [Liquidity Incentives](/liquidity-incentives/introduction) {% endcontent-ref %} # What is a Vault? All of our liquidity management products are designed around Vaults, and essentially these are smart contracts that hold and manage your assets for you. All of our vaults are fully permissionless and only you ever have access to the assets inside the vault. The Metavisor protocol is only able to adjust the parameters and not much else outside of it. Vaults are used to manage and hold assets for you in a permissionless manner, and a new vaults is deployed for every pair on every individual protocol. Vaults can only be created for pairs and combinations that already exists, the Metavisor protocol checks and validates this while creating the vaults. The team always ensures this is already the case before deploying. Each Vault is fully compatible with ERC20 and represents the total share of the assets inside the vault. Your share of the LP tokens from the vault represents your share of vault and can be withdrawn at any time. This not only allows us to distribute LP in a numerically valid way but also allows us to closely monitor is available shares of the protocol. Additionally, since it's a standard ERC20 you can still continue to use in the larger DeFi space without giving up the earning potential of your assets. # Integrations The Metavisor Protocol is available on the following chains and integrates for the following protocols: ## Chains * Ethereum * Polygon * Optimism (soon) * Arbitrum * Binance Smart Chain (soon) ## Protocols * Uniswap V3 * QuickSwap V3 (soon) * AAVE (funds only) * Balancer (funds only) # Concentrated Liquidity Management Active Management for Concentrated Liquidity Protocols ## Introduction Uniswap V3 introduced the concept of concentrated liquidity ranges which increases capital efficiency and massively improves returns. Soon enough, the protocol was deployed on multiple chains and adopted by several other solutions such as QuickSwap. The problem is, it's extremely hard to predict optimal ranges as well as liquidity distribution. Meanwhile, picking incorrect ranges leads to massive impermanent loss. Figuring out and managing this optimal ranges is an extremely daunting task even for the best of DeFi natives. Liquidity providers on Uniswap need to start by predicting the optimal range, followed by the optimal capital for the position. This has proven to be an exceptionally hard task, even for experienced users. If you decide to go for a concentrated position, it will gather higher returns but is likely to fall out of range quickly. Similarly, if you choose to go for a wider range, it will gather significantly lower returns but will stay there longer. Either way, no matter which one you go for you'll have to readjust liquidity every once in a while which requires at least 3 transactions per position. Not even including the resources spent on monitoring the position. Metavisor eliminates all of that, in entirety, while generating significantly higher returns than doing it yourself. ## Solution Metavisor optimizes and actively manages your position for you, keeping it in optimal ranges for maximum gains and automatically balancing it when necessary leading to greater capital efficiency and higher returns. All vaults are monitored by the Metavisor protocol and automatically adjusted as necessary. You do not need to monitor your positions, or pay for gas fees for rescaling them. Additionally, by doing this for all capital in the vault at once, it maximizes efficiency and reduces gas costs by a significant factor. We also automatically compound assets in the vault, since Uniswap V3 does not natively compound. After all, money saved is money earned. ## Vaults Metavisor offers two type of vaults for each pair. They are categorized as "Aggressive" and "Balanced" #### Aggressive Vaults Aggressive vaults are optimized for maximum returns and are recommended for relatively stable pairs. These vaults are significantly more concentrated as compared to Balanced vaults and hence incur comparatively higher impermanent loss on price movement. This type of vault is recommended for people which higher risk tolerance and is more effective for pairs that have high volume and low price delta. Alternatively, this vault is also especially for for volatile pairs that have an insanely high volume multiple since it's far more likely to balance the fees with impermanent loss when it occurs. These vaults scale extremely quickly and sharp price movements can incur noticeable movement in prices very quickly. #### Balanced Vaults Balanced vaults are optimized for balanced returns and minimizing impermanent loss. These vaults are specifically crafted to concentrated enough to earn significant fees while minimizing any losses. This type of vault is recommended for people who are less adverse to risk and would like to have a very off-hands approach to providing liquidity. These vaults are more closely monitored and rescaled only when necessary to avoid impermanent loss. These vaults scale relatively quick but are less prone to sharp movements. These vaults also have a significantly lower maximum drawdown as compared to aggressive vaults. These vaults are mostly preferred by people who are looking from purely an investment standpoint. # Institutional Funds & Treasuries looking for stable a entry to on-chain liquidity {% hint style="info" %} If you are looking to deposit significant amount of assets into the vaults, reach out to us for our funds offering at . {% endhint %} Our funds focused product is built from the ground up for managing liquidity for large funds who are looking to tap into the on-chain DeFi market and earn trading fees. We mostly recommend a combination of different strategies depending on what the fund is looking for. We also have fund specific treasury management solutions. The product for funds is split into the following categories: ## Stable We offer stable vaults for large funds, these vaults are for parking large amounts of capital while leveraging the DeFi market and earning trading fees. The most stable pairs only involve USD-pegged assets and deployed on multiple chains for maximum returns and market capture. We also offer semi-stable vaults under this category, which include direct exposure to blue chip crypto tokens such as ETH-USD, WBTC-ETH and WBTC-USD. ## Volatile We offer volatile vaults for large funds, these vaults are intended for parking small amounts of capital for large returns. These are extremely volatile pair that earn very significant amount of fees. These pairs and combinations are usually developed specifically for the fund depending on their maximum risk capability. This also includes maximally concentrated pools for when funds would like to capture fees from a market where they expect limited price movements. # Liquidity Providers & Retail Casual Liquidity Providers looking to optimize returns {% hint style="info" %} This offering is directly available at the [Metavisor Console](https://console.metavisor.app/). {% endhint %} We offer specialized vaults for large scale retail deployments, and all of our vaults are available at the Metavisor Console to deposit funds. There are no direct limits, the offering is fully open and decentralized. # Managed Vaults Protocol Selected Vaults Managed Vaults are specifically created and chosen by the Metavisor team and is fully managed, monitored and adjusted by the Metavisor team at an appropriate cadence. The ranges are optimally chosen and designed to fit a large audience. The protocol ensures the vaults are always in range and earning fees with an hands-off approach for the user. The users do not have to pay to rebalance these vaults. Additionally, all earned fees are compounded back into the vault for maximum efficiency and increasing the overall potential of the capital by reinvesting back into the vault. # Sponsored Vaults Vaults created in partnership Sponsored Vaults are specifically created in partnership with another project, mostly for their native token. These vaults are designed per project and built to hold a large portion of the project's own liquidity while still allowing members of their community to earn fees with similar efficiency and cadence. By providing a large amount of capital in a relatively concentrated range for the projects, this ensures higher **price stability** for the project while earning the treasury more fees and maximally efficient use of potential for the capital. The liquidity is largely provided by the project itself and we do not limit the total amount of capital invested. The Metavisor team assists is selecting appropriate ranges and determining feasibility. The project may compensate the Metavisor protocol to host and manage these vaults, although this largely depends on how the project decides to set up the vault. The protocol ensures the vaults are always in range and earning fees with an hands-off approach for the user. The users do not have to pay to rebalance these vaults. Additionally, all earned fees are compounded back into the vault for maximum efficiency and increasing the overall potential of the capital by reinvesting back into the vault. # Introduction Offer additional incentives to liquidity providers {% hint style="info" %} Liquidity Incentives are currently only available for allowlisted pairs and vaults, please get in touch with us if you'd like to create an incentive programme. {% endhint %} Incentivizing liquidity is one of the most popular ways to engage users and it also helps with available liquidity in the market to prop up actions. However, most incentives target the wrong liquidity group making it hard to direct efforts and often leads to very spread out and untargeted liquidity. Metavisor offers custom tools to incentivize liquidity for specific pairs and vaults. The projects can create liquidity mining incentives for any pair and easily distribute them as part of the vault itself. We also offer custom solutions allowing you to direct the liquidity towards your goals and incentivize them effectively. This allows for better price stability and helps towards directed efforts. All reward tokens can be collected directly from the Metavisor Console, without leaving the vault pages. The same vaults and rewards can also be integrated on your own website. For substantial projects, we also offer our token as a part of the rewards programme. These rewards are distributed at the sole discretion of the Metavisor team. ### Methodology We offer automated incentives using a set of smart contracts that allow creating rewards for specific vaults and pairs. Users can then stake their LP tokens to earn these rewards. They can then claim the rewards in an automated manner as the rewards accrue. The rewards are automatically claimed when they withdraw their liquidity. If you expect your liquidity to be fractured, we also have a Merkle based incentive system, although this is far less automated and rewards are available to claim with a delay. This is currently only available for large projects. ### Whitelabel Our liquidity incentivization platform is fully customization and can be white labeled for your project and vaults. It allows you to fully control the engagement and interactions and give people a more first party experience. # Active Management All projects, pairs and vaults enrolled into the Liquidity Incentivization programme are fully supported for active management, and enrolled by default. The Metavisor team will assist in creating the appropriate vaults, or projects can choose from a collection of presets. We'd highly recommend allowing us to build a customized plan for you for efficiency. This also allows you to target the right kind of liquidity in the right space. Active Management for such pairs has reduced fee on discretion of the projects. # Fees Metavisor takes a 2% fee for all rewards dispersed through this system. This can be negotiated based on the reward size and time frame. # Security The first priority. We take security extremely seriously at Metavisor. All of our Vaults feature several security features and are fully audited. All vaults and actions on them are continuously monitored. ## Audits The protocol has undergone the following audits: {% embed url="" %} Omniscia Audit {% endembed %} ## Security Features Every vault created by Metavisor comes with several security features, some of which are listed below: ### TWAP Safety All actions taken on a vault verify the current TWAP position of the associated pair/pool. The check ensures that the price hasn't moved too far out of expectation. This protects the vaults from getting into an unfavourable position. ### Price Manipulation All actions taken on a vault are protected from price manipulation in multiple ways. Most importantly, every function expects a check against minimum returns. If the current execution of the call returns any less assets than expected, the transaction is reverted with no exchange. This protects the users from unfavourable MEV as well as frontrunning attacks. ### Price Impact The protocol enforces a maximum price impact when taking actions, this also allows the protocol to hold an excess of one asset if it believes it's unfavourable for it to exchange it, protecting heavily from impermanent loss and double trading. ### Re-entrancy Protection The code follows the **C**hecks **E**ffects **I**nteractions patterns to protect from re-entrancy attacks. Additionally, cross call pollution is not allowed as enforced by the `nonReentrant` modifier. # Governance & Token The protocol is entirely governed by the Metavisor (MVR) token. The governance also has a "slow start" mechanism where the Metavisor team have the ability to override decisions until the token in sufficiently decentralized to advocate for better decisions in favor of the protocol. The MVR token is currently not launched yet and will be seeded to the current users of the protocol via an Airdrop on launch. The MVR token can also be staked for a portion of the protocol revenue, this feature will be available once the token is launched and sufficient liquidity is accumulated on the protocol. New proposals will be created on Snapshot, with discussions taking place on Discord. # Fees The protocol takes a 10% performance fee, a vast majority of which is distributed back to the MVR token holders via the staking system. More details coming soon. # Socials Let's connect! Website: Console: Discord: Twitter: