Lazy Summer Protocol Launches With an AI-Powered Yield Optimizer for DeFi
London, UK, February 11th, 2025, Chainwire
Summer.fi has announced the launch of the Lazy Summer Protocol. It is a new AI-powered platform for optimizing DeFi lending yields. The protocol aims to make earning in DeFi easy, automated, and accessible for all users.
The $SUMR governance token was launched on January 29, 2025. Eligible users can claim their tokens, stake, and delegate them for $SUMR rewards. Non-eligible users can sign up and engage with the protocol, with opportunities to accumulate $SUMR by depositing into any vault. The protocol is now live on Summer.fi and is available on Ethereum, Base, and Arbitrum.
Lazy Summer Protocol makes getting DeFi yields simple. It uses AI-powered keepers to constantly reallocate capital to the best-performing protocols. This saves users’ time, reduces costs, and aims for the best returns.
Leading DeFi risk management firm Block Analitica has been appointed as a Risk Curator for the Lazy Summer Protocol. Their proprietary methodology combines advanced quantitative analysis with deep market insights, ensuring reliable protocol safeguards and optimal capital allocation limits. This is essential for users, as it provides transparency and assurance that no single protocol will be excessively exposed at any time. Additionally, the risk exposure of supported protocols will be continuously monitored and adjusted as needed.
The combination of the new Lazy Summer Protocol and the User Experience of the redesigned Summer.fi app is a significant advancement for DeFi and its users. With streamlined onboarding through email or social login, seamless crypto purchases, and the potential to earn within minutes, the platform enhances accessibility while maintaining self-custody—bringing the user experience closer to traditional FinTech applications.
Key Features of Lazy Summer Protocol
- Easy to Use: Social, email, and passkey logins make it simple for anyone to get started.
- Fiat Onramp: Users can deposit funds directly from traditional bank accounts.
- AI Optimization: AI-powered Keepers monitor and continuously reallocate deposits for the best yields.
- Safety First: The protocol is backed by audits from ChainSecurity and Prototech Labs.
The protocol addresses common challenges in DeFi, where managing yields can be complex and time-consuming, and high, recurring gas fees can diminish smaller gains. Lazy Summer Protocol automates these processes, optimizing efficiency and improving overall outcomes.
How $SUMR Works
The $SUMR token gives users governance rights. Holders can vote to approve or remove yield strategies, hold contributors accountable, and decide on the use of protocol funds.
Users have the opportunity to earn $SUMR through the following methods:
- Depositing into the new Lazy Summer Protocol Vaults, available starting today.
- Staking and delegating earned $SUMR.
- Participating as a Delegate, engaging in proposal voting with potential rewards in $SUMR.
- Borrowing, multiplying, and yield-looping on the pro.summer.fi app as currently available.
$SUMR is currently non-transferable, a measure designed to shift focus away from short-term price fluctuations and volatility while promoting long-term participation. Starting July 1st, the community will have the ability to vote on whether to enable transferability.
Token Details
The total supply of $SUMR is 1 billion tokens. The key allocations are:
- Community (35%, 350M)
- Key Stakeholders and Strategic Partners (25%, 250M)
- Core Contributors (20%, 200M)
- Foundation (Development, Ecosystem Growth and Marketing) (20%, 200M)
About Lazy Summer Protocol
Lazy Summer Protocol is a DeFi yield optimizer built by Summer.fi. It uses AI-powered Keepers to automate the reallocation process to earn the best DeFi yields. The protocol is open-source and designed for integration with lending and fintech apps. Lazy Summer Protocol makes earning in DeFi easier than ever. With AI and automation, it provides effortless access to high-quality yields. This is the future of DeFi. Simple, smart, and effective.
For more details users can visit the official website or refer to the links below:
X/Twitter: https://twitter.com/summerfinance_
Discord: https://chat.summer.fi/
