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FAQs
OptyFi is a multi-chain DeFi yield optimization protocol.
The OptyFi Protocol evaluates thousands of yield strategies across many algorithms, hundreds of liquidity pools, dozens of protocols and multiple blockchains to obtain DeFi's best yield.
- Vaults: You can invest in OptyFi vaults to earn yield on your assets.
- Staking Pools: You can stake your OPTY tokens to earn more OPTY tokens.
The protocol earns revenue from fees charged on OptyFi vaults.
To be determined at a later date. As of February 2023 there are no fees to help incentivize TVL growth.
Yes!
The OptyFi Protocol will be deployed on multiple blockchains including Ethereum, Polygon, Binance Smart Chain, etc.
Yes, in addition to being deployed on multiple blockchains, the OptyFi Protocol will also eventually enable cross-chain strategies involving tokens, liquidity pools and DeFi protocols across several chains.
You can earn OPTY by depositing assets into OptyFi vaults as well as by staking your OPTY.
The OptyFi DAO is a community-led decentralized autonomous organization consisting of OPTY token holders who govern the operation of the OptyFi Protocol.
You can get involved by joining our growing community to learn and contribute to the Protocol and DAO.
Last modified 9mo ago