autoscale
@autoscale_
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Autoscale is the first yield optimizer on MultiversX that allows you to earn better interest on your cryptos
WORLD
Joined June 2021
1/ We know that most of you waste time reinvesting your rewards every few days/weeks without having any idea if you’re really earning money or even don’t and let your rewards sleep - you’re losing money. That time is over with Autoscale.
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introducing autoscale - the first yield optimizer on Elrond
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Autoscale is set to become your ultimate destination for making your money work in DeFi and managing all your investments on MultiversX. Today, we're excited to unveil our strategic plans and the roadmap that will guide us there 📜. Q1 2024.🔹Hatom Lending Protocol Integration:
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We're thrilled to announce a new (and first) partnership with @ash_swap 🔥. We are partnering with AshSwap with the goal of building new products on top of them.
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🎉 Hey #autoscalers Happy New Year 2025! 🎉. It’s time to reconnect after a few months of silence, and we’re thrilled to share some exciting updates about Autoscale 🚀:. 1️⃣ New team, fresh energy! 💪.For the past two months, a dedicated team has been hard at work bringing this
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We are thrilled to announce the integration of the Hatom Lending Protocol into our Yield Optimizer – now officially live in our beta! ⚡️. Unlock the potential to deposit into any Hatom Market with just one transaction, while our strategy reinvests your rewards, amplifying your
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1/ It's finally here! We're excited to announce that Autoscale is now available in public beta 🔥. Experience the unparalleled power of the first yield optimizer on MultiversX:. ➡️ We've made a guide for you so that your experience is the best possible ⬇️
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The private beta is ready for the first wave of testers 🔥. The first wave will have access today and the next wave a little later, and then we will make it public 🛠️. Our journey has just begun 🎬
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Facilitating access to liquidity is crucial in a fast-growing DeFi ecosystem, which is why we're thrilled to introduce the Autoscale Zap 🔥. Our zap will seamlessly integrate into our ecosystem of products. Let's dive in and explore what a zap is and the benefits it brings ⚡️
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🚀 It’s official: the new AutoScale team is ready to transform DeFi on MultiversX! . After months of preparation and hard work, we’re proud to introduce our new team. Together, we carry an ambitious vision: making AutoScale the go-to yield optimizer in the ecosystem. 🌐. 📌 Who
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Excited to unveil the product that earned us second place at the hackathon: a Decentralized Savings Account 🔥. It offers a fixed yield on USDC, regardless of market fluctuations, making it a notable new addition to Autoscale's product lineup ⚡️. Dive into the presentation 🧵
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Things are moving at X-DAY! 🔥. If you're wondering if Autoscale will support Maiar DEX 2.0 (xEchange), the answer is yes! . We can't wait to unveil what we're working on 🛠️
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Hi guys, we've been working hard lately and we're almost ready to share a public beta with you in a few weeks!. We will select a few people to try it out before it goes public, let us know if you are interested. Let's take a look at the last few months and what's coming up soon🧵
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We've maintained a low profile on X lately, we've been working hard behind the scenes, preparing for the exciting things coming in the next few weeks. So here's a transparent overview of what we've been up to recently, the current state of Autoscale, and what lies ahead 🎯. Our
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🔥 The $USH stablecoin by @HatomProtocol is a game-changer for the @MultiversX ecosystem. A must-read, the insights are fascinating 👀.
USH, the first native stablecoin on MultiversX, easily explained. TL;DR - USH is an overcollateralized stablecoin (similar in a sense to DAI) built by Hatom Labs (@HatomProtocol), natively on the MultiversX blockchain. #USHto1 🔊. Hatom (HTM) is a leading DeFi platform offering
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The time has come! We're thrilled to announce that the Autoscale public beta is launching on April 26 🚀. We can't wait for you to test what we've been tirelessly building over the past few months 🛠️
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A huge thank you to the @HatomProtocol team for their support and trust in us as the first beneficiary of their Grant Program. The work you’re doing to grow the @MultiversX ecosystem is truly inspiring. We are honored to build Autoscale with your expertise and guidance. This.
We’re pleased to share that the first phase of the USH Private Launch has wrapped up successfully. This milestone focused on deploying the Isolated Pool on Mainnet and bringing initial liquidity from various partners across the #MultiversX ecosystem. Thanks to this effort, the
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Reducing friction to enhance DeFi's user-friendliness is key for wider adoption - that's why we're unveiling Autoscale's Smart Deposit⚡️. Smart Deposit simplifies depositing in vaults by offering more possibilities. Let's dive in and understand how it works and the benefits 🧵
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Dear Autoscale & MultiversX community,. Today marks an exciting new chapter for Autoscale as we welcome @lupaesano as our new CEO! 🔥. With over a decade of experience in Web2 and a strong track record of launching innovative projects, @lupaesano is well-equipped to lead us
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We're thrilled to announce a new partnership with @HatomProtocol🔥. Through this collaboration, we will leverage their lending protocol and liquid staking solution in our products! 🛠️
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The final stages of our private beta testing are underway, with 35+ testers giving it their seal of approval 🔥. With everything running like clockwork, we're gearing up to launch the public beta!. But first, it’s time for our first bi-weekly update!.
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🚀 Are you ready to redefine passive income? 🚀. 💸 Imagine stable assets yielding OVER 30% APY! 💸 Yes, you read that right – 30%+ on wrapped USDC & USDT. That’s not a typo, it’s a revolution. Don’t just watch – take action. Opportunities like this don’t come around every day!
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@HatomProtocol We want to sincerely thank the Hatom team for their incredible support and for believing in us as the first beneficiary of the Hatom Grant Program. 🙏.The work you’re doing to grow the MultiversX ecosystem is inspiring, and we’re proud to be part of it. As we continue to build.
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We're thrilled to announce a new partnership with @DX25Labs 🤝. Autoscale is joining forces with DX25 to integrate DX25 pools into our yield optimizer. This collaboration offers more earning opportunities, enriches portfolio diversity, and encourages relentless innovation! 🛠️
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Let’s go, team! We’re going to build strong, and we’ll keep you updated on our plans and ideas. Autoscale will be community-driven, (including its token!👀)
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It seems that the first wave has no more bugs to submit (that have not yet been fixed or are being fixed) 🛠️. It's time to welcome more people to test the beta, comment with your address or herotag and we will select some of you 🧙♂️.
The private beta is ready for the first wave of testers 🔥. The first wave will have access today and the next wave a little later, and then we will make it public 🛠️. Our journey has just begun 🎬
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@MultiversX We are building a suite of DeFi Yield solutions, all centered around our core principles of simplicity, accessibility, and efficiency. Our Yield Optimizer maximizes yield available in the decentralized finance market through automated strategies, granting users effortless and.
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We finished the hackathon in 2nd place out of over 150 projects! 🔥. We built a brand new product from scratch in 7 days part-time for the hackathon 🛠️. We'll be presenting the product in detail in the coming days, so stay tuned!
3/ DeFi Track, in partnership with @EntityFinance. 1st: @thedefibuilder.2nd: Savings+ by @autoscale_.3rd: @refracto_io.4th: @turbodefi
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The engines are at full power, with many important advances made in recent weeks 🚀. Your feedback has been invaluable, with nearly 400 responses to our feedback form, opening the way to potential areas for improvement on Autoscale. It’s time for a new bi-weekly update!
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We're pleased to announce that we're joining the #xDayHackathon, competing in the DeFi track! 🛠️ . ⚡️$1M in funding & prizes.⚡️Sept 21st - October 20th.⚡️Finale at xDay. It's time to build.
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It's here - the Autoscale Zap is now live in our public beta enabling a smoother way to manage liquidity ⚡️. Experience one-click liquidity provision to @ash_swap and @xExchangeApp :
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Want to be among the first to test Autoscale? 🧐. We offer 5 whitelists to allow you to test our beta version in advance before it becomes public. What you need to do is:. 🔹RT this tweet.🔹Comment your erd address or herotag.
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Autoscale's beta is now live for 7 days and everything is running smoothly 🔥. More than 1,000 users from 20 countries have experienced the unparalleled power of the first yield optimizer on MultiversX 🌍. We are excited to share our latest bi-weekly update with you! 🧵
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Our CTO @gfusee33 created the first framework that allows you to write smart contracts in Typescript and deploy them on Elrond (now MultiversX) 🛠️. This opens the door to more than 16.4 *MILLION* developers who can now come and write Typescript smart contracts on Elrond 🔥.
After severals months of hard work I'm thrilled to unveil you elrond-wasm-as, my open source typescript/assemblyscript Elrond smart contract framework 🔥. It is atm only a proof of concept but let's dig into it 🧵
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It's here - The Smart Deposit feature is now live in our public beta, enabling you to deposit into any vault using any token in your wallet 🪄. Experience seamless, one-click deposits using any token:
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🚀 2025 is off to a strong start for Autoscale!. Yesterday, we tested key features for Hatom V2:.- User withdrawals.- HTM unstaking.- Cooldown management for unstaking. The result? Everything works flawlessly👌. We’re also making big strides on UX! Our dashboard is designed to be
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With the introduction of the Smart Deposit feature, we are taking significant strides toward our goal of making decentralized finance not only easier but also more accessible for everyone 🌍. We're excited to share all our recent progress - it's time for a new monthly update 🧵
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1/ Our beta is only a few weeks away, so let's see what it will contain at the beginning and what will come a little later 🧵. Initially, we’ll have 2 of our 3 main products:. 1) The Yield Optimizer: this is where you deposit your cryptos and let the strategies do the rest.
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Hey Scalers, our documentation is now live! 📖. Take a deep dive into the inner workings of Autoscale and discover how this works ⚙️. Check it out here:
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With the roll-out of Zap, all the core modules needed for Autoscale are now developed and live in our public beta. Now it's time to fine-tune, optimize and audit, then Autoscale will spread its wings to cover the DeFi on MultiversX. But before, it’s time for a new monthly update!
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2/ Autoscale is the first yield optimizer on Elrond (now MultiversX) that allows you to earn better interest on your cryptos.
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22/ If you prefer to read an article rather than a long Twitter thread, you can find the article on medium: .
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9/ We believe Elrond is the best blockchain for crypto adoption. Even with the best DeFi apps on other chains (and in general there is a big UX issue with DeFi apps), you will still have UX issues because of the chain or wallet used for it.
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3/ This works with vaults and strategies; our team develops a set of strategies for different assets, such as auto-compounding for LKMEX or EGLD-USDC, etc; and the strategies are based on a vault.
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15/ Robin has been building on Elrond for over a year, he is the founder and CEO of @HorizonIabs — a technical web3 agency that has been specializing in Elrond for over 8 months and works with the most significant projects on Elrond, he is also head of web3 at @TheAquaverse.
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6/ To do this, we leverage the Elrond DeFi ecosystem for our products, which means that wherever there is yield on Elrond, we will be there to build products on top of it and maximize that yield.
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5/ In simple terms, Autoscale will make it easy for you to maximize your yield and all this passively, you will save time, be able to track your investments easily, etc.
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4/ Just deposit your funds in the vaults and the strategies do everything for you. Needless to say, because it’s obvious, the vaults are secure and the strategies are enforced by smart contracts.
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8/ Our goal is to facilitate access to returns in DeFi through an intuitive platform and a suite of decentralized finance products that allows you to manage your money more efficiently: earn more, save time, analyze your investments, forecast income, etc.
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14/ To build such a project, we had to put together a great team. The team is composed of passionate builders who are experts in their fields:
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21/ If you already have some questions, feel free to join our Discord or our Telegram here:
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11/ Autoscale was designed to provide easy access to financial services for the next billion users, so the choice to build on Elrond was the most obvious one. Our main priorities are to provide excellent, powerful, and useful products with a great UI/UX.
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10/ On Elrond, we have one of the most scalable blockchains, fast transactions and the UX has even been thought in the development of the blockchain; and we also obviously have Maiar.
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7/ On one condition: the underlying platform must have a sufficient security score, which we will define, otherwise, we will not build on top of it.
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12/ We have been building for months and are very close to releasing a closed beta and hopefully a public beta a few weeks later. Then, after several phases of testing and security audits, Autoscale will be released on the Elrond mainnet.
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Scalers, we need your support! 🫡. The @EntityFinance team is organizing a Builders Forum and during this event, participants will show their support for their favorite projects and the most engaged community will win a prize . Join the event here:
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You can try it now: If you don't have tokens on the devnet, feel free to use our faucet here:
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13/ We are so excited that we will soon be able to unveil the entirety of what we have been working on for a while.
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[1] For a comprehensive understanding of how it works and the innovations incorporated, feel free to delve into the more detailed presentation in our Medium article here: . Alternatively, you can explore the condensed version in this thread.
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Also, the ability to deposit with any token from your wallet is on its way for Hatom – expect it in a few weeks!.
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17/ Maxime has been a self-taught developer for over 10 years, specializing in web and mobile development, with a master’s degree in computer science, he will take care of the entire front end of autoscale.
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[5] Unlike traditional banks, we don't retain the extra earnings. Instead, we allocate them to a reward reserve, which enables us to provide a fixed return to our users over an extended period, even during market downturns.
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16/ Quentin is a self-taught software engineer with 2 degrees in mathematics and a degree in economics, he built an Elrond SDK in typescript that allows any developer to write smart contracts in typescript and deploy them on the Elrond Network.
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[9] We don’t even need to mention that, being DeFi, this is all non-custodial. You have full control over your funds at all times and interact solely with a smart contract. You can deposit, claim your rewards, and withdraw whenever you want.
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[4] Behind the scenes of the Autoscale Savings Account, we invest the funds into various DeFi protocols such as Ashswap and Hatom to earn yields.
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[6] As our reward reserve grows over time, we can continue to offer a fixed yield even if market yields fall below what we offer. Several factors, such as market yield and the current state of our reward reserve and our TVL, influence the duration over which we can maintain it.
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[10] Upon depositing, you'll receive a 'proof of deposit' token guaranteeing the liquidity of your funds, which can also be utilized in other protocols, thus enhancing integration within the broader DeFi ecosystem and composability.
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18/ Keouf is a co-founder of @HorizonIabs and has been working on Elrond for over a year. He has some experience with high-traffic websites and will be in charge of the technical architecture.
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[2] Many of you are familiar with traditional bank savings accounts, where you deposit your EUR and earn a modest interest annually. Behind the scenes, when you deposit your EUR, banks utilize this money to generate revenues by investing in products like bonds.
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[11] Unlike traditional banks, you can claim your earnings whenever you wish, witnessing their growth every moment. No need to wait a year to see your rewards, just a few seconds. Plus, you have the option to enable the auto-reinvesting feature to leverage the compounding effect.
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[3] They may earn around 5%, give you 2%, and retain the 3% difference for themselves. Essentially, you're lending them your money so they can make more money, and in return, they give you a very small slice of the pie.
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[7] Based on the performance of our investments and other relevant factors, we may increase or decrease the fixed yield to ensure the longevity of the system.
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3/ So we had to make a decision and it was this:. First, we're going to focus on integrating @ash_swap into our products, then we'll integrate xExchange, and that's what we did, we fully integrated Ashswap into our yield optimizer and zap! (and also a part of xExchange).
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19/ Louis has been designing since he was a child, and he will take care of all the graphic art parts of the project.
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[13] This is the initial draft of our product designed and built in less than 10 days. We will, of course, continue to refine and iterate through our various ideas to enhance it further. We also eagerly welcome your feedback to help us improve! 😊.
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[8] In the future, we aim to reduce our dependency on DeFi and achieve better diversification, we will also invest in Real World Assets such as tokenized bonds, real estate, and more. This will helps us maintain a good yield.
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Having Quentin as our CTO and lead developer at Autoscale ensures an incredible product in terms of functionality and security, and most importantly, it guarantees unmatched efficiency for our users. Get ready! #DeFiRevolution.
It's time to do a changelog of what happened on NovaX, the #MultiversX open-source Rust backend framework, over the last month!. These changes are the result of the @autoscale_ API being rewritten using Rust & NovaX. This means that the whole community benefits from the efforts.
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[4] With Autoscale Zap, everything is done in a single transaction! . It manages all the steps internally and so you can use any token to add liquidity to your desired liquidity pool or withdraw liquidity from any LP, all in just one transaction.
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[12] For more information, we highly recommend reading the more detailed presentation on Medium:
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@DX25Labs @MultiversX @MultiversXToday @xDay2023 @beniaminmincu @Alex__Radu @luciantodea @Davyegld @robolteanu @AndreiMX_ A crucial piece of the MultiversX DeFi puzzle has been appended to the ensemble, the future is bright 🔥.
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20/ In this first thread, we tried to give you a first glimpse of what autoscale is in general, but we still have a lot of things to explain. The documentation is also coming soon.
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7/ And here we are, from now on we will be more active, sharing documentation, educational content, etc. Take part in our journey by joining us on Discord or Telegram:
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4/ And that's why we kept it quiet, we didn't see the point in making tweets for the sake of making tweets but rather to come back once we had something to show people again. build > talk.
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[6] It currently supports xExchange and Ashswap, enabling you to add liquidity with $EGLD to ASH-USDT or $HTM to USDT-USDC-BUSD in just one transaction (and more).
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[8] We look forward to your feedback and remain committed to simplifying DeFi and improving its user-friendliness - and every day we get closer to our goal.
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[5] With Smart Deposit, your depositing process is consolidated into a single transaction. You can deposit into the USDC-USDT vault directly with EGLD, USDC, USDT, or even other tokens - it manages all the steps, enabling you to use any token in your wallet for any vault deposit
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[3] You have to go through different steps such as: swap with one of the tokens in the LP in which you want to add liquidity, swap 50% in the other token and finally adding liquidity. The same process applies when withdrawing liquidity. This can be time-consuming and complex.
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6/ Speaking of platforms, we've finished integrating Ashswap so we can continue integrating xExchange and another platform (can you guess which one?).
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[1] A zap is a powerful tool that makes it easy for you to add or withdraw liquidity from the liquidity pools you want.
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1/ We haven't tweeted in months and there are reasons, mainly as we explained on Discord and Telegram (join us if you're not there already .
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[7] The zap has been under development in the lab for some time, and is now ready to be unveiled 🪄. It will be available in our beta early next week.
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[1] Smart Deposit is a powerful feature that simplifies your deposits into any Autoscale Vault, harnessing the power of Autoscale Zap.
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[2] Without zap, it requires between 2 and 3 transactions to carry out in order to add or withdraw liquidity from a certain token.
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[5] Our zap integrates a intelligent routing system - which means that for every swap the zap needs to execute, it will find the best route based on your token, the liquidity, the LP you wish to deposit/withdraw liquidity from. in order to get the best price for you!.
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2/ We had originally built Autoscale for Maiar Exchange but that changed a lot with the switch to xExchange, and the work we had done was not compatible with it. And therefore, to integrate xExchange we had to re-start from scratch.
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[3] For instance, suppose you desire to deposit into the USDC-USDT vault but only have EGLD in your wallet, you'll have to go through a lot of steps:.
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[9] Smart Withdraw will also be available on Autoscale - you'll be able to withdraw and choose the token you wish to receive.
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