Investing in DeFi can be complex.

Finding good investment opportunities demands constant attention, and expert knowledge and requires managing complex systems. Sustainable yields seem elusive, and there is a lack of risk management tools available.

Until now.

We are building a solution that makes investing in DeFi simple, profitable, and secure.

Rumi Finance brings you one-click access to sustainable yields and abstracts the complexity of DeFi into a simple, easy-to-use solution.

The Rumi Yield strategies provide superior returns due to its automation and optimization tools: leverage management, auto harvesting and compounding, liquidity range optimization, impermanent loss hedging, and optimal portfolio allocation.

Strategies can be Delta Neutral (invest US Dollars and earn US dollars while hedging impermanent loss) or Directional (earn yield while having exposure to your favorite crypto asset such as ETH or Bitcoin).

Our quantitative research team models, tests, and designs composable yield strategies using on-chain DeFi primitives such as liquidity provisioning, staking, lending, and leverage.

Our embedded risk management engine monitors every aspect of our protocol, this engine tracks hundreds of data points on Rumi’s strategies, assets, integrated protocols, and blockchains. In terms of security, our smart contracts have been audited by Hacken, with a score of 9.6 out of 10

Choose your risk profile, the asset you want to have exposure to and make a one-click investment. Rumi does the rest.

Join us on the exciting journey of Rumi Finance. Get involved in the future of Asset Management, and be a part of the revolution!

Visit now: https://www.rumi.finance/

The Rumies program is a unique opportunity for our community members to get involved and contribute to the growth and success of Rumi Finance. We are committed to building a strong community that is passionate about DeFi, and we believe that this program will help us achieve that goal.

How to Apply:

To participate in the program, community members need to apply by filling out an application form. The application process is straightforward and takes only a few minutes to complete. Once the application is submitted, our team will review it and notify you of your acceptance within 3–5 days.

Once accepted, members are given the Rumie role in the Discord and are granted access to the XP and Bounties Board.

What are XP Bounties?

XP bounties are simple tasks that anyone can complete to earn XP points. These tasks are listed on the Bounty Board and can be completed by any member of the community. Once the tasks are completed, they will be reviewed by the Rumi team, and the community member will be awarded XP in the Discord. XP will be utilized as a multiplier for the airdrop event.

What are Rumi Token Bounties?

Rumi Token Bounties are more complex tasks that require specific skills and knowledge to complete. These tasks are posted on the Bounties Board, and community members must apply. If accepted, they can complete the task and earn locked Rumi tokens. Bounties require approval and can only be completed by one person.

We believe that the Rumies program is an excellent way for our community members to get involved and contribute to the success of Rumi Finance. We are excited to see the creativity and innovation that our community members will bring to the table. So, if you are passionate about DeFi and crypto and want to get involved, apply now to become a Rumie and start earning Rumi tokens today!

About Rumi Finance

Rumi Finance is a revolutionary, permission-less platform that aims to redefine the DeFi asset management landscape by offering a comprehensive, user-friendly, and secure solution for both DeFi native and institutional investors.

Social Links:

Discord: https://discord.gg/Uv9xAzdaFh

Twitter: https://twitter.com/RumiFinance

YouTube: https://www.youtube.com/@RumiFinance

Instagram: https://www.instagram.com/rumifinance/

TikTok: https://www.tiktok.com/@rumifinance

Facebook: https://www.facebook.com/rumifinance

Telegram: https://t.me/rumifinance

Reddit: https://www.reddit.com/r/RumiFinance/

We recently held our first-ever Ask Me Anything (AMA) session in our Discord channel, and we want to express our gratitude to all those who participated! Our Co-founder and CEO, Diego Lijtmaer, led the session and engaged in a thought-provoking discussion with the community.

The questions asked were insightful and provided valuable insights into our project. We will highlight some of the most interesting questions and answers from the AMA, so read on to find out more!

Why did Rumi Change from Blue Swan?

We decided to spin off the project from Blue Swan Labs, where it was incubated. It didn’t make sense to call the protocol Blue Swan. We also decided that the Defi Blue brand will be used for the institutional investor app, which is built on top of the Rumi protocol.

What sets your Pseudo Neutral Strategies apart from others that have been attempted in the past but ultimately failed?

Most of the apps promoting delta neutral strategies have not thought out or back-tested the strategies properly. The key ingredients for a delta neutral to work are:

a) It needs to be profitable. For this to happen, you need to be able to use pools that have real yield incorporated –hence why we are focusing on the main liquid pools with a lot of transaction volume. Tx volume = fees. The second aspect is the interest you are paying to run the strategies. In our case, our lending module structure has in its core functioning the fact that we want to maintain the yield strategies profitable so we incorporated mechanisms to prevent borrowing rates to skyrocket when the utilization rate is high and

b) The rebalancing mechanism needs to be optimized. We have been working on our hedging mechanism for a long time, and we have established optimal rebalancing thresholds for each strategy (pool). also, in our analysis, the rebalance threshold should happen asymmetrically regarding the uptrend and downtrend of the volatile price

What does the backtesting of the vaults show for the expected APR?

It depends on the strategy. We are going to launch first on Arbitrum and Univ3. There are 3 or 4 pools there, and each of them has a different backtest annualized return, ranging from 20–80 net APR on $(net of rebalance, slippage, and gas costs) for the delta neutral. We are also launching strategies that do directional farming, this means keeping a 1x exposure to ETH while farming in the pools. The APRs of these strategies will be shared soon. another key feature of our platform is the ability to invest in “yield portfolios”. Instead of having to invest in the 3–4 pools, we created a vault that includes the 3 strategies at once. This allows for ease of use and diversification

How often do you re-balance it according to a threshold or time period?

Rebalancing is based mainly on price movements of the volatile token price, during a 24-hour period. We also have an automatic rebalance if, during that period, our debt ratio hits a level that requires a rebalance to avoid liquidations. We will have no liquidations on our system because of this automation.

Overall, our AMA was a great success and we appreciate everyone who participated and asked such insightful questions. We are committed to continuing to engage with our community and providing transparency into our project as we move forward.

If you missed the AMA, don’t worry, you can find the full transcript of the discussion in our Discord channel. We look forward to hosting more events like this in the future and continuing to build a strong and supportive community around Rumi Finance.

Diego Lijtmaer is Rumi Finance’s Co-founder and CEO. Diego is a seasoned entrepreneur, tech executive, and investor with a diverse professional background spanning start-ups, scale-ups, and large global enterprises across various industries, including finance, consumer tech, e-commerce, and Web 3.

Rumi Finance is a revolutionary, permissionless platform that aims to redefine the DeFi asset management landscape by offering a comprehensive, user-friendly, and secure solution for both DeFi native and institutional investors. Its base protocol, Rumi is the next-generation yield protocol, designed to tackle the challenges and complexities of navigating the decentralized finance ecosystem, providing investors with unparalleled access to a diverse range of sophisticated investment strategies, superior yields, and cutting-edge risk management tools across multiple chains.

Hey there, I’m Diego Lijtmaer, Co-founder of Rumi Finance. As someone who has been deeply immersed in the DeFi and blockchain space for some time, I’m incredibly excited to introduce you to Rumi Finance, the Next-Generation Yield Protocol. Over the past year, our team has been working tirelessly to create a platform that simplifies and optimizes DeFi investments while catering to both retail and institutional investors.

Our vision for Rumi Finance started from my personal experience while falling in the DeFi Rabbit hole. While I loved learning about the protocols, and let’s be honest, making money, I also witnessed firsthand the challenges and limitations that the current DeFi landscape presents.

Lack of transparency: Many DeFi protocols advertise high yields in the form of APR or APY without clearly explaining how these figures are calculated. For instance, users might see an advertised yield that is drastically different from what they actually receive due to hidden fees, commissions, or other factors. Additionally, the lack of documentation for smart contracts and the use of oracles can make it difficult for users to assess the risks and rewards of a given protocol.

Understanding risk: Many DeFi investors are lured by high APRs without fully understanding the risks involved. For example, a 1,000% APR pool might sound too good to be true, and it often is. Impermanent loss is a significant risk that can erode potential returns, and various other financial, technical, and operational risks must be considered when evaluating DeFi opportunities.

DeFi exploits: In 2022 alone, value lost due to exploits accounted for $3.7 billion. Common exploits include phishing attacks, flash loan attacks, rug pulls, and code exploits. Users need to have a deep understanding of the protocols and their inherent security measures to protect their investments.

Complexity and time consumption: Managing DeFi investments can be extremely time-consuming and complex. To capitalize on DeFi opportunities, users need to spend hours discovering new opportunities, selecting the right ones, monitoring their positions, and reallocating their portfolios.

Misuse of leverage: Leverage can be a powerful tool when used properly, but it comes with risks. Undercollateralized lending in DeFi requires active management of positions to avoid liquidations. Users need to know the optimal leverage level and have the right tools to rebalance positions.

Navigating DeFi is like walking a landmine, you never know where the next bomb will go off. And It doesn’t need to be this way.

The lack of monitoring and automation is also responsible for a lot of money lost on platforms, like Terra. In my case, I went to bed one day with everything working, having my luna as collateral, borrowing UST and getting my juicy 19% on Anchor. I woke up the next morning with nothing. This could have been mitigated / minimized if I had the right tools and automation.

We created Rumi to address all these issues. We call it the Next Generation Yield Protocol, because it provides the necessary tools and automation to generate sustainable wealth creation opportunities for everyone.

Rumi Finance has several core components that make it stand out in the DeFi space:

Permissionless Protocol — Vaults: Built on a foundation of smart contract vaults designed for both retail and institutional investors, our permissionless protocol offers a secure, transparent, and efficient way to interact with advanced investment strategies and risk management tools. Currently integrated with EVM blockchains, Rumi Finance is designed to operate across various blockchain networks.

Prime — Rumi’s Advanced Lending Module: The lending module offers key functions, including leverage and hedging mechanisms, to optimize user returns and manage risks.

It provides instant liquidity for single asset lenders, ensures capacity utilization, and incorporates mechanisms to free liquidity, such as the Rumi liquidity reserve and strategy deleveraging. We believe our instant liquidity feature is a key innovation in the space, as it is one of the big issues that similar lending protocols face. Additionally, the module maintains an insurance reserve to cover potential eventualities, further safeguarding user investments.

Sophisticated Yield Strategies: Rumi Finance offers a diverse range of advanced yield strategies designed to cater to various risk appetites and investment goals. Our strategies utilize a suite of advanced optimization tools, such as impermanent loss management, active liquidity range management (for Uniswap V3), leverage management, automatic rebalancing, and optimal portfolio creation, to optimize returns and effectively manage risks.

Strategy Design and Back Testing Environment: A key component of Rumi Finance is its strategy design and back-testing environment, which enables developers and quantitative analysts to create, test, and refine investment strategies before deploying them on the platform. This environment allows users to simulate various market scenarios, stress test their strategies, and evaluate their performance under different conditions.

Embedded Risk Management: At the core of Rumi Finance is our robust risk management framework, designed to ensure the safety and security of our users’ investments. By utilizing proprietary risk scoring, real-time analytics, and continuous monitoring, we’re able to assess and manage risk across all aspects of the platform. Our risk management engine employs automated actions such as rebalancing and drift correction to maintain optimal portfolio allocations and respond to changing market conditions.

DeFi Blue by Rumi — The gateway for Institutional Defi Asset Management: Recognizing the growing interest from institutional investors in the DeFi space, we developed DeFi Blue as an add-on to Rumi Finance. DeFi Blue is designed specifically to address the unique requirements of institutional investors and facilitate their adoption of DeFi. With a focus on risk-adjusted returns, tailored account management, and seamless integration with existing KYT and KYC tools, DeFi Blue is the perfect solution for institutions looking to enter the world of DeFi.

As a next-generation yield protocol, Rumi Finance aims to revolutionize the DeFi space by offering advanced optimization tools and strategies that cater to the ever-evolving needs of the DeFi ecosystem. Our unique approach to yield generation, risk management, and seamless user experience sets us apart from other platforms in the market.

Following our successful smart contract audit done by Hacken, we are gearing towards launching our protocol. We will b e initially launching on Arbitrum, followed by other EVM-compatible chains such as Optimism, Avalanche, and Fantom, we’re working hard to create a strong community of supporters and early adopters.

We’re also in the process of planning a successful public pre-sale of Rumi Finance tokens. This will provide our community and early supporters with an opportunity to participate in the growth and development of our platform. We’re committed to democratizing access and ensuring that our community has the opportunity to be a part of our journey.

We’re incredibly grateful for the support we’ve received from our community, and we’re excited to embark on this journey together. As we continue to innovate and push the boundaries of what’s possible in the DeFi space, we’re committed to providing our users with a cutting-edge, all-encompassing DeFi asset management solution that caters to both retail and institutional investors.

Stay tuned for more updates as we approach our launch and pre-sale, and join us as we work towards building the future of decentralized finance.

Diego Lijtmaer,
CEO, Rumi Finance

Website:https://www.rumi.finance/
Twitter: https://twitter.com/RumiFinance
Discord: https://discord.gg/xuKsvhRaW8
Instagram: https://instagram.com/rumifinance?igshid=YmMyMTA2M2Y=