FAQ

What is a yield-maximizer?

A yield-maximizer is a smart contract that automatically follows a strategy. When an asset is deposited, the yield-maximizer vault follows a hard-coded chain of actions created with the intention of yield-farming at an amplified APY.

What is a liquid wrapper?

A liquid wrapper is a smart contract which locks deposited governance tokens & in exchange gives a liquid receipt token. Doing so, holders of a liquid wrapped token earn the incentives of governance lockers in exchange for their governance rights.

What is a position manager?

A position manager is a group of vaults which manage tick ranges on Uniswap v3 (alongside similar AMMs). These operations are done automatically by an on-chain calculation.

What is TVL (Total Value Locked)?

The total value of current tokens within each Dyson Strategy

What is an LP (Liquidity Pool)?

The collection of tokens that enable trading on an exchange.

What is APY (Annual Percentage Yield)?

Is the real rate of return earned on an investment, taking into account the effect of compounding interest.

What is APR (Annual Percentage Rate)?

The percentage of return an investment would yield over the course of an entire year.

What is IL (Impermanent Loss)?

This is the result of volatile LPs. Please take a look at our video explanation of IL.