General

Why are we secure?

There are numerous reasons why a protocol in the Crypto space can be considered secured - we meet them all ...

· Developers and Platform Owners are Documented (Doxxed)

· Platform providers come from a stable country, where there is Rule of Law.

· Platform providers is registered as an organisation, thus falling under the laws that govern the running of an organisation. Common law and Criminal Law apply to this organisation. www.asic.gov.au.

· Smart Contracts are Used – Automating the process, actions and deployment of a strategy. Removing any intermediary or third party interference.

· Audits – We are big on Audits. Everything is Audited. Our Audit company is Australian based – Sentia (https://www.sentia.com.au/services) . We are also in the process of organising audits with Certik (https://www.certik.com). All Audits will be published as they become available.

· Transparency. Everything we do is transparent. You can see the transations on the blockchain by using tools such as – Etherscan (https://etherscan.io), and BSCan (https://bscscan.com).

How do we optimise Yields?

A yield optimizer is an automated service that seeks to gain the maximum possible return on crypto-investments, much more efficiently than attempting to maximize yield through manual means.

Each vault has its own unique strategy for farming, which normally involves the reinvestment of crypto assets staked in liquidity pools. At the most simple level, it farms the rewards given from staked assets and reinvests them back into the liquidity pool. This compounds the amount of interest received and increases the amount staked that the yield is based on. A yield optimizer can repeat this up to process up to thousands of times a day.

This fairly simple method is the principle reason behind the large APYs found on our platform. Compounding fees are shared among all vault participants, making it cheaper for the user.

What’s the difference between APR and APY?

APR (Annual Percentage Rate) is the yearly interest, minus fees. This does not include compounding effects that occur from reinvesting profits. If you were to invest $100 with 100% APR, you would make $100 in profit in a year time.

If you however reinvest your profits regularly, you will compound your interest. This calculated over a year gives you your APY (Annual Percentage Yield). The more often you compound your interest, the greater the difference between APR and APY.

How does APY work?

APY is the annual percentage yield offered from a particular investment. This takes into account compound interest, giving you an accurate idea of your returns compared to simple interest.

Large APYs in the percentage of thousands are possible with investments that provide daily yields of 1% or more. Due to your liquidity pool rewards being constantly farmed and reinvested, the interest compounds on larger and larger amounts.

Last updated