Fyde integrates with LandX

Mische Martinete — Sat, 11 May 2024 01:48:03 +0000

Fyde integrates with LandX Finance within its Liquidity Vault. This opens up fresh opportunities for $LNDX holders to generate yield, broaden their exposure, and access liquidity. Furthermore, it enhances TRSY holders’ exposure to RWAs.

LandX connects physical farmland with DeFi using its commodity vaults. By pledging a portion of their crop indefinitely, farmers receive financial support. Validators tokenize the crops, while Investors buy xTokens that mirror real farmland commodity investments.

The Perpetual Commodity Vaults Protocol

Commodity vaults provide investors with an inflation-hedged return backed by a legal contract secured on underlying farmland. LandX makes commodity vaults available as a liquid digital asset.

Welcome to LandX!

LandX is a decentralized protocol that closes the gap between farmland owners and crypto investors through blockchain-based perpetual commodity vaults. The LandX protocol enables an agreement between borrowers (farmers) and investors. The vault acts as a blockchain-based token that trades for a market-determined principal price. The holder of the staked token receives a daily yield of the underlying commodity in perpetuity.

LandX is built on the Ethereum blockchain, meaning all transactions reach consensus through a peer-to-peer system. There is no third party needed for any financial transaction (token trade). The LandX code is autonomous and executes on Ethereum in a permissionless manner.

Introducing Fyde Treasury Protocol

Fyde Treasury Protocol enables the crypto ecosystem to increase token liquidity, generate yield, and diversify downside risk – all while retaining token governance rights. The protocol introduces an innovation, the Liquid Vault, that creates large multi-asset liquidity vaults directly accessible by the user’s native governance token.

Fyde’s Support for LandX

Fyde provides LandX core members, the treasury, and the wider community the opportunity to diversify holdings while accruing diversified yield and maintaining governance rights through the $govTRSY-LNDX token.

During their current integration phase, Fyde offers LandX the opportunity to diversify its existing LNDX treasury position. They anticipate enhancing integration with LandX xBasket by increasing its focus on yield-bearing RWAs and distributing this asset backed by farms to treasuries within the sector.

Merit Circle partners with Fyde

Clinton — Sun, 12 Feb 2023 14:45:02 +0000

Merit Circle is pleased to announce its partnership with Fyde. Fyde is on a mission to change decentralized finance for the better. Through their help, clients can develop diversified crypto treasuries, allowing them to unlock liquidity, generate yield, and still retain their governance. As part of its partnership, the Merit Circle DAO has invested $250,000.

What Is Fyde Treasury?

The Fyde Treasury Protocol aims to address the rising need for effective treasury management through their comprehensive DeFi platform. On there one can find an on-chain, autonomous and transparent solution for crypto treasuries to diversify assets, unlock liquidity, generate yield and retain control of governance.

Merit Circle x Fyde

Merit Circle is functioning not only as an investor, but also taking an advisory position, they’re keen to keep their communication short and provide Fyde with knowledge from their side. The conversation whether the DAO should become a user of Fyde has been initiated, and will be communicated in due course.

About Fyde

Fyde aims to give depositors a stronger performance experience with less volatility. The portfolio management goal for this initial strategy is to reduce downside portfolio risk while maintaining risk adjusted upside. This strategy can be seen as the optimal asset allocation schema for treasuries to employ, providing stability during bear markets while keeping upside potential to enable scaling during growth periods.

SOURCE:

https://medium.com/@meritcircle/merit-circle-partners-with-fyde-to-push-the-frontier-of-defi-and-treasury-management-206dc1deea28

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Fyde integrates with LandX