Sumari Finance


One of our main products as a decentralized yield optimizer is the Sumari vault. An investor using this product gets access to an efficient yield farming service. A user needs to deposit assets in the vault, then the numerous strategies attached to the specific vault increase the reward through compounding. Using a Sumari vault for your yield farming needs reduces your gas fee expenses, regardless of the chain involved. That’s in addition to the valuable time you’d save having to do it yourself. The Sumari vault achieves maximum yield optimization thanks to the multiple compounding that goes on every day. Your deposit in the vault is built up over time through compounding, no matter the asset deposited. Sumari Vaults are tools that help users grow their crypto portfolio. Though there are no restrictions on when you can access your deposit in the vault, compounding tends to bear fruit over an extended period. So, while locks aren’t implemented in the Sumari Vaults, they are ideal for long-term investment plans.
On looking through the Sumari Vaults, the different Annual Percentage Yield (APY) of each vault is visible. Unlike the Annual Percentage Rate (APR), the APY relies on how often assets are compounded in the vault. Sumari Vaults are also defined by their Total Value Locked (TVL) and the interest accrued daily. Revenue sources are also captured for each vault, so it’s easy for users to understand how their assets are getting compounded.
Sumari Vaults are governed by the community. Users can submit proposals for new vaults addition or similar requests. This will often have to pass a vote count based on what the majority of $SUMA holders decide.

SUMA Tokens: What Are They?

Sumatokens are issued to anyone that uses the Sumari Vaults. Holding these tokens in your web3 wallet allows you to access your deposit in the vault. The sort of Sumatokens you receive on depositing funds in a vault differs based on the vault. To retrieve your deposit from the vault, you need to have the interest-bearing tokens in that wallet. It might be considered a tokenized receipt.