Jan 30
Mozaic finds the best yields with AI and LayerZero
Mozaic Finance is pioneering in DeFi with its AI, blockchain and cross-chain protocol, offering a novel solution to yield farming complexities. The platform, powered by its AI engine Archimedes, automates investment strategies across multiple chains, making it accessible to a diverse range of investors. Key features include the governance and profit-sharing roles of MOZ and xMOZ tokens and the strong backing of a skilled team.
Navigating the decentralized finance (DeFi) landscape can often feel like a complex labyrinth, especially when trying to find the best yields across the endless ocean of blockchains. This is where Mozaic Finance steps in, offering a highly innovative solution. Powered by its own AI and LayerZero's cross-chain solution approach, Mozaic pioneers in providing its users with yield optimization across the cryptoverse with a few clicks. High time to take a good look at this new protocol.
An easy introduction to Mozaic
Mozaic Finance is a boon for those overwhelmed by the complexities of yield farming in the expansive DeFi universe. Its AI engine, Archimedes, automates the investment process, analyzing the market to determine the most lucrative opportunities. This approach is particularly beneficial for users who prefer a more passive investment strategy but still wish to capitalize on high-return opportunities in the DeFi space.
Mozaic enables this via its Vaults. Its first product, the Hercules Vault, is an automated stablecoin yield farming strategy powered by AI. It allows users to farm in single-sided staking pools, offering exposure to various stablecoins. The AI identifies the best opportunities on a wide variety of chains and through LayerZero's cross-chain platform, it leverages these opportunities. The Vault currently offers exposure to USDT, USDC, DAI, and FRAX, with rewards paid in stablecoins.
The Hercules Vault reached its cap within days and already expanded from $500k to $1 million. Additionally, Mozaic has already expanded its vault offerings with the Theseus Vault, based on GMX, and is also working on the upcoming Perseus Vault, which will optimize yield generated by Pendle. These expansions further Mozaic's capability in providing diverse, high-yield farming options across multiple blockchains.
Meet Archimedes, Mozaic's core innovation
At the heart of Mozaic's innovation is Archimedes. It is designed to predict asset performance and allocate user funds towards the most profitable pools, maximizing returns. It has undergone extensive experimental phases, training on historical data from over 380 markets. Archimedes stands out with functionalities like automatic compounding, hourly rebalancing, multi-chain yield access, and transaction fee elimination.
During its initial testing, Archimedes captured 27% of the yield spikes on AAVE and significantly outperformed traditional active trading strategies. Archimedes's ability to automatically compound, reduce transaction fees, and provide hourly rebalancing underscores its efficiency and effectiveness.
The $MOZ and $xMOZ tokens
The $MOZ token is a fundamental component of the Mozaic Finance ecosystem, serving as its native token. The MOZ token's primary utility lies in its governance function, allowing holders to participate in the decision-making process of the Mozaic DAO (Decentralized Autonomous Organization). This involvement in governance empowers token holders to have a say in the future direction and development of the protocol.
In addition to the MOZ token, Mozaic Finance introduces the xMOZ token, which offers unique perks and is integral to the DAO's governance system. xMOZ tokens are obtained by converting MOZ tokens and are designed to encourage long-term holding. This is achieved through specific conditions attached to the conversion and withdrawal of xMOZ tokens, including penalties for early withdrawal, which incentivize holders to remain invested in the ecosystem for longer periods. Holders of xMOZ tokens are entitled to a share of the protocol's revenue, enhancing their participation in the financial success of Mozaic Finance. MOZ has a capped maximum supply of 1 billion tokens, and as of the latest updates, the circulating supply of MOZ stands at approximately 68.9 million, and it boasts a fully diluted market cap nearing $144 million.
The Team: A Blend of Expertise and Innovation
Mozaic's team combines traditional finance acumen with deep cryptocurrency sector experience. Led by founder Calum Roberts, the team includes AI specialists like Greg Tanaka, an ex-US congressional candidate, and Senior AI Developer Mike Cui. Notably, the project has received funding through a Google Cloud Web3 startup program grant and has been backed by angel investors in its pre-seed round and its community via the project's Initial DEX Offering (IDO), reflecting a strong commitment to community-driven development and innovation.
Closing thoughts
Mozaic Finance represents an exciting development in the world of DeFi, offering a sophisticated yet user-friendly solution to yield farming. Its AI-driven approach, combined with LayerZero's cross-chain solution, Vaults on top of popular protocols like GMX and Pendle, a strong team and sound tokenomics position Mozaic as a project with high potential. Mozaic's ability to simplify and optimize yield farming across multiple chains makes it a pioneer in the DeFi ecosystem to watch closely.
Disclaimer: Nothing on this site should be construed as a financial investment recommendation. It’s important to understand that investing is a high-risk activity. Investments expose money to potential loss.
