Fyde

Fyde brings AI driven DeFi vaults with liquid staking features to ETH and L2s. Via the new Liquid Vault archetype, Fyde helps users consistently lock in gains, earn yield, and stay liquid. Liquid Vaults accept a variety of tokens which are automatically distributed across a diverse range of tokens and rising narratives. Gains from winners are locked in and losses from losers are minimized. Users deposit to receive TRSY - the vault wrapper token which is pegged 1:1 with the performance of tokens in the vault. Through its AI models, Fyde helps protect against events such as rugpulls and high downside volatility events. This enables users to grow crypto holdings faster with less volatility.

Image related to the article

Fyde brings AI driven DeFi vaults with liquid staking features to ETH and L2s. Via the new Liquid Vault archetype, Fyde helps users consistently lock in gains, earn yield, and stay liquid. Liquid Vaults accept a variety of tokens which are automatically distributed across a diverse range of tokens and rising narratives. Gains from winners are locked in and losses from losers are minimized. Users deposit to receive TRSY - the vault wrapper token which is pegged 1:1 with the performance of tokens in the vault. Through its AI models, Fyde helps protect against events such as rugpulls and high downside volatility events. This enables users to grow crypto holdings faster with less volatility.

Step-by-Step Guide
  • Visit the Fyde Liquid Vault page.
  • Connect your Ethereum wallet.
  • Now click on “Deposit” and enter the referral code “1X1-LQQNRk” to get boosted points.
  • You can deposit one of 40 different tokens, including ETH and wETH. You can get ETH from Binance.
  • Enter the amount of the token you want to deposit and receive TRSY upon depositing.
  • TRSY is given to depositors as their share of the vault and represents the performance of all of the vault’s assets.
  • Now stake your TRSY. You will start earning Fyde points.
  • Also, get more points by referring your friends.
  • They’ve confirmed that they’ll launch their governance token, “FYDE,” and have hinted at an airdrop to users who collect Fyde points.
  • For more information regarding Fyde points, see this page.