Overview
Last updated
Last updated
Dyson is a decentralized & multichain yield-maximiser. It maximizes yield through carefully crafted strategies which are managed on-chain, making perpetual yield farming accessible to the average user.
Every strategy is secured and automated by smart contracts. Dyson automatically harvests & reinvests yield rewards to ensure compounding interest to depositors. The vaults created for Dyson's strategies are completely permission-less & trust-less, meaning that users are completely in control of their crypto & can withdraw at any time they like.
Dyson was created by a group of builders from Sphere Finance. The project is currently under the umbrella of Sphere Finance products.
Dyson is made unique by its exotic strategies. These are strategies that follow a string of yield-bearing investments that make up one massive strategy. This can heighten APYs significantly, at varying degrees of risk.
These strategies are built on some of the most fee-generating platforms in DeFi.
$SPHERE is the de-facto governance token of Dyson. Any governance proposals created on Dyson is voted-on using $ylSPHERE, a locked receipt token of $SPHERE.