GM Fellow Gnostics 
Yesterday, Beefy was excited to announce our support for Gnosis’ strategic partnership with Backed Finance, with the launch of Backed’s tokenised stocks and exchanged-traded funds on our Gnosis Chain instance!
This announcement also reflects our first UniswapV3 concentrated liquidity products on Gnosis Chain. Beefy’s “Cowcentrated Liquidity Manager” (CLM) products automate the difficult and human-error-prone process of operating concentrated liquidity, making it easy and accessible for users of all skill levels. Our CLM products have been live for a year now, and you can find comprehensive details in our documentation.
With the launch of Backed products on Gnosis’ UniV3 implementation (and with some help from @Netrim and @Karpatkey), we couldn’t help but get integrated to join the fun. 
Our wbTSLA-sDAI CLM product provides liquidity in a 10% either-side range from the current price when ticks are set. Every 6 hours the product checks if ticks need to be reset and adjusts accordingly if so. The product is harvested at least every 24 hours, meaning 365+ compounding events per year! For illustration, this transforms a 100% yield to 171.5% through the miracle of compound interest.
And better yet, we’ve already integrated with Merkl, meaning users of this product will automatically and fully participate in the current GNO rewards being distributed for UniV3 positions. You’ll see a “Claim” tab appear in our Withdraw/Deposit module when your rewards accrue each day.
To support the Tesla campaign, we also launched a new bCSPX-sDAI CLM product.
Followers of the GIP-117 campaign will know that bCSPX launched primarily on Balancer, so liquidity and rewards here are somewhat lower. Why UniV3 then? Well it serves a slightly different purpose, in creating deeper liquidity in the immediate range (in this case, 10% either side again). This means for day-to-day regular-sized swaps, UniV3 can deliver better-priced swaps and higher yields for liquidity providers.
With that said, the Balancer Gyro E-CLP is still extremely efficient, and safeguards the full price range. So for efficient larger swaps, it’s important not only have liquidity in narrower UniV3 ranges! We believe the optimum setup here is a balance of the two, and so we hope our UniV3 product will help to bolster efficient bCSPX liquidity for everyone!
We also launched a handful of other CLM products on Gnosis Chain alongside these two. 
But maybe that’s a story for my next update! And you can head to the Beefy app to find out for yourself if curious.
In the meantime, enjoy the new products, and thanks for helping make Gnosis the home of tokenised equities in the EVM universe! 