What is Mozaic Finance? Mozaic Finance is a Yield Farming platform that uses AI technology to optimize user deposits. So what’s special about this project? Let’s find out with Weakhand in this article.
What is Mozaic?
Overview of Mozaic
Mozaic Finance is a Yield Farming platform that uses AI technology to optimize user deposits. Mozaic Finance’s AI technology is called Archimedes and is used to optimize user deposits as follows:
- Rebalance deposits across assets.
- Allocate those assets to platforms with the best APY.
- ….
All of the above processes are calculated off-chain to ensure cost savings, efficiency and reliability.
The first product that Mozaic Finance introduced to the community is Genesis Vault allows users to profit with Stablecoins on various platforms. So how does Genesis Vault work? Let’s find out.
Mozaic Finance’s operating mechanism
Genesis Vault’s operating model follows the following steps:
Step 1: Users deposit Stablecoins into Genesis Vault. Currently, Genesis Vault only supports 4 Stablecoins: USDT, USDC, DAI, FRAX.
Step 2: Mozaic Finance uses Archimedes for allocation and needs to equal user deposits continuously during the farming process.
Step 3: Mozaic Finance uses LayerZero’s Stargate to transfer user deposits to 6 different platforms including: Arbitrum, Optimism, BNB Chain, Avalanche, Fantom, Polygon to find the best source of profit.
What is the difference of Mozaic Finance?
Mozaic Finance’s use of AI technology in the Yield Farming process has the following benefits:
- Increase efficiency: By using AI algorithms, yield farming can be done with greater precision and speed. This means investors can maximize their profits while minimizing the time and effort required.
- Minimized risks: Yield farms face significant risks such as smart contract failures or temporary losses. AI algorithms can help mitigate these risks by identifying potential problems and making adjustments to reduce losses.
- Improve liquidity: AI can also help improve liquidity in the DeFi ecosystem. By automating the process of providing liquidity to different pools, AI-powered Yield Farming can help increase the number of trades and liquidity in the market.
Road Map
Q1 – Q2 : 2023
- Build community
- Selling MOZ tokens in the form of Fair Launch
- Product launch
- Integrate more products and other chains on the platform
Q3 : 2023
- NFT Launch
- Established Mozaic DAO
- Genesis Vault Mortgage Loans.
Core Team
Moziac Finance is built by the community under the DAO model.
Investor
November 11, 2022: Moziac Finance successfully raised $400K but did not disclose investor details.
Tokenomics
Mozaic Finance has not officially launched the MOZ token. However, there is some project information announced as follows:
- Total supply: 500M
- MOZ will be an Omnichain Fungible Token (OFT)
- Stake MOZ tokens to receive xMOZ at a 1:1 ratio
Information Channel of Mozaic Finance Project
- Website: https://www.mozaic.finance/
- Twitter: https://twitter.com/Mozaic_Fi
- Discord:
summary
Yield Farming no longer only takes place on one platform but is trending Cross chain, meaning users can make profits on many different chains. Mozaic Finance is also developing according to market trends, however at this time the project is not mainnet yet so there are not many reviews about Mozaic Finance.