Lotus is live.

Lotus is the new architecture for the Guru platform, now live and available on guru.fund. The platform retains all basic features, with upgrades and additional functionality added across the board. Here's a breakdown:

.: Permissionless

The days of being "mostly decentralized" are over, and Guru has moved to being a fully permissionless platform. This means that the platform is non-custodial, to the extent that even if the website for some reason went down the platform could still be interacted with via a new third party frontend interacting with it on-chain. This is a monumental shift for Guru to ensure it is operating in a trustless manner.

.: Faster Transactions

Fully on-chain with no intermediary off-chain signer means transactions are direct and quick. Users should notice substantially faster execution speed as well as faster pricing quotes when making swaps, deposits, or withdrawals.

.: At-Will Guru Fee Harvesting

Gurus can now harvest fees at the time of their choosing, avoiding a situation where they cannot claim fees simply because users have not withdrawn. When a user makes a withdrawal in profit under the price where a Guru has already harvested fees, they will not have to pay fees because the fees were "already collected".

.: Fund Rebalancing (coming soon)

As a guru, adjust the weights of the assets held in the fund. Only the appropriate amount will be swapped for each token.

> If you already have a fund in the current dapp, an option to migrate a current fund to a lotus fund will be available soon. All new funds created on the dapp will be lotus funds.

Fund creation fees will be reduced by 50% for 2 weeks.

Thanks all. 💫

X

guru.fund/explore

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