After months of planning, building and strategizing, we are delighted to introduce Dyson – presented by Sphere Finance.
Dyson can be simply described as a multi-chain yield maximizer. Yield farming is a common investment strategy in DeFi in all market conditions. Most members of our Sphere Finance community report that at least 30% of their portfolio consists of blue chips and stablecoins, which earn them rewards. Since a significant part of their crypto portfolio is dedicated to this purpose, we decided to make it easy for you. Yield farming has come a long way since its beginnings in DeFi, but there are still many capital inefficiencies.
Yield farming is one of the core activities that a user can engage in DeFi. By allowing users to use their assets, be it a liquidity pool or lending, you receive rewards that compensate you for your risk. Most DeFi users deposit on decentralized exchanges or money markets to receive rewards. The rewards usually consist of fees charged for using their pool or governance tokens.
In order to realize the value of the reward, users must claim it. If they are thinking long-term and want to increase their profits, it is somewhat capital inefficient and also requires a commitment to continuously process transactions.
When you deposit with Dyson, you leave all compounding to our vaults. The safes Dyson offers are just smart contracts that automate the process. This ensures two things:
- Users always claim their rewards
- Users are always increasing their rewards and earning more over time
The diagram below gives a better picture of how this works.
An example of a simple compounding strategy
So when users use a Maximizer vault, they earn a higher APR (now APY) than they would with a regular deposit.
Not really! Our team is known to leave over and beyond.
Dyson brings exotic investment strategies to some of the most popular cryptocurrencies, increasing APRs and making them accessible to everyone.
We will host several exotic strategies on some of them Most paid platforms in all of DeFi. These exotic strategies are built in great detail to ensure users get the most out of them. To find out what an exotic strategy is, follow us on our social media and on our medium! We’ll reveal more over time.
Learn Crypto Trading, Yield Farms, Income strategies and more at CrytoAnswers
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