If you like to stay in trend with the crypto world especially the DeFi segment then you must have heard about how TVL in DeFi just passed 3 Billion USD.
Lately, everything has been about DeFi, coins that were dormant for so long ventured into DeFi, and started doing 2x, 5x, 10x. Is this sustainable or not, time will tell but one thing we can tell is the majority of these projects will die and only a few strong ones will remain. This craze of yield farming has not only led to an increase in various token coming into the DeFi world but now we are seeing DeFi specific Dapps as well. DeFi portfolio managers particularly are seeing a lot of traffic.
One new platform is Rari Capital. Though very new (they even state to start with a small fund) and only have a website as of now and no app, Rari capital promises to maximize your Yield Farming.
In an interview with The Block, founder of Rari Capital said-
The main reason that people are trying to get into DeFi is for these insane yields.
Rari Capital aims to maximize interests by automatically transferring the fund deposited by the user into different De-Fi platforms. Every time on depositing money into Rari you get equivalent RFT- token issued by Rari. If you wish to withdraw your money the same amount of RFT is burned from your account.
Currently, Rari only supports dydx and Compound protocols with support for other protocols coming in the future. So, if you are someone with some extra cash lying around and want to experiment, you may as well try Rari Capital. Do note that currently, they are only accepting deposits upto 350 USD.
You need to think about the gas fee in the process...