I'm explaining how @Yarm_AI works.
Yarm, backed by @Kaito and @Mitosis, is a project that transforms social impact into DeFi opportunities.
I'll explain exactly what it does in simple terms, but first, we need to understand the terms.
YARMER - content creator
VAULT - the pool of money allocated to yarmers
MINDShare - Kaito mindshare in projects on Yarm
LP - depositors in yarmers vaults.
An allocation is allocated to YARMER, the content creator who has earned mindshare from projects on the Yarm system.
LPs, typically followers and supporters of YARMERS, can deposit funds into the pool allocated by YARM for YARMER.
This money uses the Mitosis Vault Liquidity Framework (VLF) infrastructure, and deposits go directly into Mitosis' programmable vault infrastructure.
Funds deposited by LPs:
- Are directed to yield-generating strategies
- These strategies are automatically optimized (e.g., stablecoin lending, liquidity mining, etc.)
- Are valued through Mitosis's assets called "maAssets" or "miAssets"
- Strategies can be cross-chain (e.g., Arbitrum, Solana)
LPs receive an equal percentage of their APY (investment return) on their deposits.
YARMERS don't have direct access to these funds, but they do earn a small cut of the returns as "carry rewards."
That's exactly the point. Let's illustrate with an example.
For example, Ahmet has a $10,000 vault allocated by YARM for Mitosis, as part of his mind share in Kaito.
AyĆe and nine other people each added $1,000 in liquidity to the vault, which will utilize the Mitosis infrastructure that Ahmet doesn't have direct access to.
Let's assume that $10,000 in liquidity yields a 10% return at the end of the process.
AyĆe and nine other individuals each receive $100 in APY.
YARMERS do not receive a share of the funds in the vault or the LPs' earnings, they are given an additional portion of the incoming returns. In this example, for example, $50.
The numbers in the example are purely fictional. To help us understand the essence of the process.
If you have any questions about YARM, please feel free to ask so we can explore them together.

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