Hey Marc – Thank you for the comment. At one point we had over $1 billion in Fantom. The biggest factor in that was great yield opportunities. Today Arbitrum has mostly options plays that are outside the risk profile we use for making strategies. Here on Optimism, there were opportunities for the 5 vaults I mentioned in the proposal that are key building blocks partners.
Those 5 vaults are really the secret sauce to bringing others to Optimism and getting that network effect you’re referring to. The specific strategies we’re running are using: Aave, Velo, Uniswap, Curve, Stargate, and Ironbank. We’re always looking for new strategies and if there are any others on Optimism who would like to have us take a look and see if there’s something viable we can do together please reach out to me.
To show Optimism continued support, we’re testing Vaults V3 on Optimism first, even before mainnet. This is still months from launching and will bring a new style of composable vaults for the first time. You can read more about Vaults V3 here: YearnV3: Motivation and design. After the brief overview of the next… | by jmonteer | Yearn | Medium