The Automated Redemption Manager (ARM) by @OriginProtocol is now live, supporting tighter LST pegs across the Sonic ecosystem.
By combining peg arbitrage profits and interest from Silo, it's the perfect product for passive $S holders.
Here's how it works.
👇
↩️ Automated Redemptions
$S deposits in Origin's ARM are used to buyback $OS whenever it trades at a discount.
The $OS is unstaked 1:1 from the @SonicLabs withdrawal queue with the discount redistributed to ARM depositors.
Peg arbitrage profits ✅
🔁 Baseline ARM Yield
Idle $S is redeployed to @VarlamoreCap $S Vault, with interest and rewards passed back to ARM depositors.
This remains available to facilitate peg arbitrage if the opportunity presents itself.
Baseline rewards ✅
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