Published on January 15, 2024 · Reading time 3 minutes · Created by Fyde Labs
The Fyde Treasury Protocol is a groundbreaking platform in decentralized finance, offering a robust suite of tools for managing on-chain treasuries. Designed with user-centric features, Fyde’s liquid vault allows cryptocurrency holders to securely manage and diversify assets in a non-custodial environment, catering to both beginners and power users.
Upon opening the Fyde dApp, you’ll find an introduction to the liquid vault protocol, complete with tooltips guiding you through each feature. To begin, click “Connect” to log in with your Web3 wallet. If you're new to Web3 wallets, check out our onboarding guide.
The Portfolio section provides insights into your holdings within the liquid vault, including:
A breakdown of your holdings in $TRSY and $stTRSY is also available, offering full transparency.
Fyde introduces a Liquid Vault that combines user tokens into a diversified portfolio, aiming for stable growth through strategic rebalancing and a dynamic weighting mechanism. In the Manage Vault section, users can adjust token allocations to align with target concentrations, supporting efficient vault management.
Our team has developed algorithms, back tests, and simulations to optimize the vault’s risk/reward profile. Fyde plans to evolve this process into a decentralized, community-driven strategy for ongoing allocation improvements.
Ready to deposit? The Deposit section enables you to contribute tokens in exchange for $TRSY, the wrapped representation of the vault. The dropdown will highlight tokens that are underweight or overweight in the vault’s target distribution.
Key deposit information includes:
After confirming, a “Deposit Successful!” popup appears, and your $TRSY tokens are added to your portfolio and wallet.
Once you have $TRSY, stake it to earn Fyde Points, contributing to an upcoming $FYDE airdrop in spring. Fyde Points also unlock exclusive benefits and future features.
For more in-depth information, explore Fyde Treasury Protocol’s Gitbook documentation or join us on Discord.
Stay tuned for future updates as we continue to enhance the Fyde Treasury experience for all users.