Rari Capital, a new DeFi platform, has launched an automated investment vehicle to advise users

Rari Capital, the newly launched DeFi platform, has launched a service that aims to find the best revenue for users by taking advantage of variable interest rates and incentives.

Rari Capital is understood to automatically transfer users' money to the platform with the highest return. At the time of its launch, Rari only considered the Compound and dYdX yield differentials, and has been rebalancing them as dynamic rates change, though the company says it will gradually expand the number of deals under consideration over time.

Rari currently only supports the liquidity mining of stable currency, but will adhere to the 0X protocol, which allows users to automatically sell cryptocurrency when they deposit money on the platform. Once a user chooses to deposit, Rari automatically swaps between Dai, USDC, and USDT to maximize returns and arbitrage the difference between them and the DOLLAR. Due to the use of Compound, its users will also be entitled to COMP incentives for use of the platform. The fund will automatically liquidate all bonuses every three days and distribute them to users, said Jack Lipstone, co-founder of Rari. Despite the popularity of mobile mining, the group claims that the annualized rate of return on the platform is triple that of the Compound.

The system USES a Shared system of tokens, much as the Compound first introduced its CToken system.
The system USES a Shared system similar to the first coinage introduced by Compound and its cToken. When investing in Rari, users receive Rari fund tokens representing their share of the pool.

The disadvantage of using Rari is that it has a performance fee similar to the 20% accrued returns of many traditional hedge funds. Rari's potential includes moving into traditional markets and "becoming an ETF investment fund", according to its co-founder.

Text link:https://cointelegraph.com/news/

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