"Archimedes is building a leading lending/borrowing market on top of any AMM. In essence, the project’s vision is to create a sustainable, long-term, and accessible set of opportunities within DeFi for billions of people through an innovative and scalable technology solution. By solving the pool reward sustainability issue, offering up to 10x leverage for yield-generating stablecoins, and increasing capital efficiency, Archimedes is supercharging stablecoin assets and making it easier for investors to generate top of market APYs without any of the pool hopping or portfolio management and capital deployment overheads currently faced by DeFi investors."

https://www.globenewswire.com/news-release/2023/02/01/2599835/0/en/Archimedes-Closes-4-9M-Seed-Round-led-by-Hack-VC.html