Dyson has officially launched version 2.1 of our yield maximization platform, introducing a multitude of upgrades designed to optimize the user experience. The release comes in two parts — an initial upgrade with Dyson 2.1.0, followed by a swift patch taking things up another notch with Dyson 2.1.1.

Together, these updates bring visual refinements for intuitive navigation, speedier performance, helpful tooltips, and an overall enriched experience.

Let’s exlore everything that’s new and how it stands to streamline and optimize your yield farming experience.

At the Heart of It All: The User

Dyson’s suite of updates revolves around one key focus — you, the user. The development team meticulously crafted every new feature and improvement with the singular goal of refining your journey on the platform.

On the visual front, Dyson 2.1.0 overhauls the display of vaults and strategies for maximum clarity. Tags help you grasp essential details at a glance, while simplified names streamline choices. An organized side drawer houses opened vault information to prevent clutter.

Behind the scenes, under-the-hood changes enable much faster data retrieval and page loading. By keeping up with the latest systems, Dyson paves the way for a modernized performance worthy of DeFi innovation.

Even small touches offer significant quality-of-life improvements, like mobile and tooltip enhancements that ensure the smoothness of cross-device engagement. The new “How To Get” section also offers clear instructions to users seeking to purchase deposit tokens.

Dyson 2.1.1 takes things a step beyond by introducing vault sharing capabilities. With just a click, you can copy and spread the word about your favorite yield opportunities — a revolutionary new way to engage with the wider community.

Let’s dive deeper into all the additions launching the platform into a new era of efficiency.

Dyson 2.1.0 Change Log: Intuitive and Informative

Dyson 2.1.0 focuses heavily on refining the vault interface for maximum intuitiveness. Changes span visual presentation, interactive behavior, and informational delivery.

Visual Changes:

• Shifted the “Go To Sphere Locker” component above the page tabs.
• Page Tab changes.
  – Removed “Deprecated” Tab. Deprecated are now only visible if a user has a deposited into them
  – Introduced “Auto-Compounding” Tabpools
  – Changed “Vaults” Tab to now display all strategies in one list
• The Vault list has been substituted with a table.
  – Vault names have been simplified
  – Vaults are now equipped with tags that provide descriptions of their strategy, automation, network, platform and other metadata
  – Opening a vault, now opens a side drawer instead of expanding the vault
• Updated Vault pagination to match Table design
• Enhanced checkbox styling and behavior

Performance Updates:

• Switched the multicall provider to a faster and more widely supported option.
  – Introduced automatic vanilla web3 fallback to ensure data is fetched in case of multicall failure.
• Vault data is now populated as data arrives, drastically improving first print times
• Removed IE support to improve overall performance

User Experience Updates:

• Improved Filters:
  – Filters are now opened in a drawer to improve mobile experience
  – Improved Filter action flow
• Introduced more tooltip messages and improved existing ones
• Data for an opened vault is now fetched every 60 seconds, even if no actions are made, ensuring up to date information
• Introduced ‘How To Get’ section inside the vault drawer to explain how to acquire the deposit tokens
• Users are now asked to change their current network only when wanting to perform the action on a different network, allowing the user to view their position even if they are not connected to that network.

Bug Fixes:

• Fixed a bug where user’s couldn’t deposit funds without removing some decimals.
• Fixed a bug for Concentrated Liquidity strategies where the action button was disabled, but the user was not visually informed of an error
• Fixed duplicating assets in filters
• Fixed a bug for Sphere locker, where a user was not informed that they need to claim their rewards before withdrawing/relocking

Amidst the flood of new features, Dyson refuses to ignore the value of nurturing UX either. Additional tooltips guide newcomers while increased auto-refresh frequencies on opened vaults empower veterans with the latest analytics. Brief network change prompts when switching chains prevent jarring disruption too.

Altogether, Dyson 2.1.0 vault updates coalesce into a streamlined, responsive, and educational portal for managing positions. Let’s see what further magic Dyson 2.1.1 adds into the mix!

Dyson 2.1.1 Change Log: Shareable and Social

While 2.1.0 focuses on informational improvements, Dyson 2.1.1 hones in on user-powered social engagement through shareability. At its core lies a simple yet immensely impactful new feature — one-click vault sharing capabilities.

Sphere Locker:

• Now displays a breakdown of TVL (Total Value Locked) showing the total locked Sphere token amount and its USD value.
• Added visibility for your total locked Sphere balance in various sections:
   — Deposit section
   — Withdraw table
  — Main table

Concentrated Liquidity:

• The TVL breakdown has been reintroduced and improved for a more visually appealing experience.

Sharing Vaults:

• Introducing a new feature: All vaults now have a share button, making it easy to copy and share specific vaults with friends.

Fixes:

• Fixed an issue where vault data failed to update correctly in open vaults after the app finished loading all available vaults.

The power of people drives innovation in Web3. Now with vault sharing, Dyson further unlocks that collaborative potential across its platform.

The Road Ahead

With a smooth user journey at the core of its identity, Dyson continually sets its sights on refining and enhancing that experience. Dyson 2.1.0 and 2.1.1 signify just the next step in that journey — but rest assured, the road ahead still stretches far into the distance.

As the team reminds us, no component of Dyson ever remains static. Behind the scenes, talented developers, designers, and community leaders will continue brainstorming improvements day in and day out.

Join the Sphere Finance Discord Server!

So while celebrations are certainly in order following this milestone release, they only last mere moments. Soon enough, focus returns to nurturing that symbiosis between technology and people growing ever closer towards a shared vision of innovation.

Welcome back, Dysoneers.

At Dyson, we are always striving to provide our users with the best tools and insights to make informed decisions in the world of DeFi. Today, we are excited to announce that the Dyson dApp has received a massive batch of new and exciting updates, with more on the way.

Dyson seeks to position itself as the ultimate yield maximizer in the entire DeFi space, and remaining at the cutting edge of innovation while making all of its features easily accessible and potent for our users is a top priority.

Let’s dive into the different updates, and explore how Dyson 2.0 can help you maximize your DeFi yields and experience.

Navigation Tab: Vault Assortment Made Easy

One of the most notable updates to the Dyson dApp is the integration of a Navigation tab, which helps users sort through the different vaults Dyson offers more easily.

This innovative addition to our dApp enables users to access their chosen vaults with ease, as the different vaults are organized into categories, making navigation a much simpler process.

• Pools: this is the default category, and provides users with a list of general vault strategies and LPs across different DEXs and protocols.
• Concentrated Liquidity: this category gives instant access to all of Dyson’s ALM solutions. In addition, these vaults have received an additional Metrics tab that allows users to analyze the pools’ performance, which will be discussed in depth later in this article.
• Mint: this tab allows users to view all of Dyson’s powerful Liquid Market solutions, take DEX emission tokens, convert them into their Dyson-built liquid wrappers, and finally farm them, either via the above-mentioned Pools tab, or directly through the DEX, with high yield and minimal impermanent loss (IL).
• Sphere Locker: the Sphere Locker is probably the most exciting category for $SPHERE holders, as this is where they can yield lock their $SPHERE for a 17-week period to generate $ylSPHERE, which is the yield-bearing token of the Sphere Ecosystem, and gives $ylSPHERE holders access to blue-chip token rewards from across the Ecosystem at a variable APR.
• Deprecated: this includes all vaults that have been discontinued and are no longer functioning. Users with assets in LPs displayed on the Deprecated tab are strongly encouraged to withdraw those assets as soon as possible, as they are no longer generating any yield.

Search and Sort Features

These organizational features allow Dyson users to search for vaults within each category of the Navigation tab, making navigation to specific vaults even simpler and faster. Dyson is working hard to make its platform as user-friendly as possible, and features such as the Search and Sort features are designed to help users navigate the platform as quickly and easily as possible.

Users can also use the checkbox options on the left of the screen below the Navigation tab to sort the different vaults according to the assets they have in their wallets in order to view what strategies may be available for them, track their active vaults by checking the “Deposited” box, or check to see if any new vaults have recently launched by checking the “New Vaults” box.

Users can also sort vaults by Name, Deposited, Wallet, TVL, and APY, as well as being able to select which Networks, Platforms and individual Assets they may be interested in within each tab through the drop-down list below.

Metrics Tab: An In-Depth Analysis

The Metrics tab, accessible by clicking on the particular Dyson-managed vault you are interested in, offers a variety of amazing features that help you analyze your vault’s performance, optimize your strategies, and ultimately maximize your returns.

Dyson, as an integral part of the Sphere Ecosystem, serves as an automated yield maximizer and concentrated liquidity manager protocol. Our goal is to make it as easy as possible for users to navigate the complex landscape of DeFi and take advantage of the best opportunities available. With the new Metrics tab, we believe we are taking a significant step forward in achieving this mission.

Each pool in the Concentrated Liquidity section of the Navigation tab has its own Metrics tab, which displays a variety of analytical insights for users since the last rebalance. These include the pool profit and/or loss of the vault, and fee APR with IL factored in, and a concentrated liquidity multiplier, which also shows the vault TVL and its Uni V2 equivalent TVL, with historical APY and TVL data.

Historical APR/APY Positions

One of the key metrics for any DeFi user is the annual percentage rate (APR) or annual percentage yield (APY) of their deposits. Dyson’s new Metrics tab provides a line graph displaying the historical APR/APY positions for the vault, allowing you to see how the vault has performed over time, giving you a comprehensive view of any particular vault’s all-time performance.

Conclusion: A Dyson-Powered DeFi Future

Dyson (🔺,⭐) on Twitter: "gm DeFi degens 🫡Although it might seem we've been MIA, the truth is we've been busy BUIDLing. 🏗️Stay on the lookout, something interesting is brewing... 👀✅ Metrics✅ FrontendTake a sneak peak: https://t.co/alVtqgCMu1We hope you aren't fading, anon! pic.twitter.com/9fZVpTEfHB / Twitter"

gm DeFi degens 🫡Although it might seem we've been MIA, the truth is we've been busy BUIDLing. 🏗️Stay on the lookout, something interesting is brewing... 👀✅ Metrics✅ FrontendTake a sneak peak: https://t.co/alVtqgCMu1We hope you aren't fading, anon! pic.twitter.com/9fZVpTEfHB

In conclusion, these new updates provide powerful additions to Dyson’s dApp, aiming to make it more user-friendly for Dysoneers, and providing you with a comprehensive set of tools to analyze your deposit performance, identify trends, and optimize your strategies. We believe that by offering these features, we are empowering our users to make more effective use of all the opportunities that yield maximizers provide, and ultimately maximize their returns within the Sphere Ecosystem. Happy farming!

To gain deeper insights on Dyson and other protocols in Sphere Finance’s suite of DeFi solutions, join our community Discord!

Join the Sphere Finance Discord Server!

Thanks for reading Dysoneers — stay awesome.

Welcome back, Dysoneers.

Dyson, the Sphere Ecosystem’s yield maximizer and CL management protocol, is building on Chronos to shape the future of DeFi. With an integrated active liquidity manager, optimized rebalancing systems, and competitive management fees, it’s poised to disrupt the DeFi landscape. In this article we will delve into how Dyson is teaming up with Chronos to revolutionize DeFi.

A longtime partner of Dyson, Chronos Finance is a community-owned decentralized exchange (DEX) and liquidity provider constructed on the Arbitrum Layer 2 network, aimed at fostering DeFi growth through sustainable liquidity incentives. Dyson has previously built on Chronos through our Liquid Market solutions, creating a liquid wrapper for Chronos’ governance token, $CHR.

Dyson (🔺,⭐) on Twitter: "🎉 Big news: Our frens over at @ChronosFi_ are on the verge of upgrading to UniV3 concentrated liquidity pools! 💪So, what's next? 🤔No points for guessing, it's Dyson TIME... 😎🔜 Dyson's premiere UniV3 CL ALM vaults for @ChronosFi_.Builders be building, eh? 😅 / Twitter"

🎉 Big news: Our frens over at @ChronosFi_ are on the verge of upgrading to UniV3 concentrated liquidity pools! 💪So, what's next? 🤔No points for guessing, it's Dyson TIME... 😎🔜 Dyson's premiere UniV3 CL ALM vaults for @ChronosFi_.Builders be building, eh? 😅

Active Liquidity Management on Chronos

Dyson has integrated an Active Liquidity Manager within the Chronos ecosystem. This unique integration aims to maximize yield by managing liquidity actively, rather than the traditional passive management of assets. By continually monitoring and adjusting the liquidity provided based on market conditions, Dyson ensures optimal returns for liquidity providers.

Chronos, being a scalable and interoperable DEX, provides the perfect environment for Dyson’s active liquidity management. The low latency and high throughput of Chronos allow Dyson to make quick and efficient adjustments to liquidity pools, ensuring that liquidity providers always get the best possible returns.

Rebalancing Saved

Rebalancing is a critical aspect of concentrated liquidity that incurs substantial costs. Dyson has integrated systems that save on rebalancing, allowing for more fees to be realized.

Instead of manually adjusting the liquidity or rebalancing the liquidity pool, Dyson’s smart contracts automate the process. This automation reduces the gas fees associated with frequent transactions, which typically eat into a user’s profits. By saving on rebalancing, Chronos users can enjoy higher net returns.

Lowest Management Fees in DeFi

Dyson is dedicated to providing an accessible solution for yield farming to all users. We offer the lowest management fees in the DeFi space, making it an attractive option for users seeking to maximize their returns.

The low fees are part of Dyson and Chronos’ commitment to making high-quality DeFi solutions easily accessible to all. By keeping management fees low, we seek to make yield farming more accessible and profitable for everyone.

Swap Fees and Auto Bribe

One of the unique features that Dyson and Chronos are bringing together is that swap fees can be given to auto-bribe on each epoch. This mechanism means that a portion of the swap fees is automatically used to incentivize users, thereby encouraging more participation in the ecosystem.

The auto-bribe feature creates a self-sustaining ecosystem where users are constantly rewarded for their participation. This not only incentivizes current users to continue participating but also attracts new users to the platform, creating a positive feedback loop that promotes the growth of both Chronos and Dyson.

One Position, One Deposit, and the Future

Dyson simplifies the yield farming process by allowing users to take one position with a single deposit. This streamlined approach makes it easy for new users to get started with yield farming while also saving experienced users time and effort.

Moreover, we would like to announce our plans to introduce smart vaults soon. These vaults will further enhance the yield farming process by managing multiple liquidity ranges and weighting them. More details and information will be revealed on our strategy for smart vaults as we approach their release.

Conclusion

Dyson’s integration with Chronos represents a significant step forward in the DeFi space. Through our approach to liquidity management, low fees, and user-friendly features, Dyson seeks to position itself and our partners as flagships in the DeFi landscape. As our partnership continues to develop and we introduce new features like our smart vaults, Dyson promises to bring unprecedented levels of accessibility and efficiency to the world of decentralized finance.

To see more Dyson news as it is revealed, join our community Discord server:

Join the Sphere Finance Discord Server!

Until next time, stay awesome, Dysoneers.

The Sphere Team has been on a roll.

The current building phase resulted in yet another mind-blowing solution being produced that is ready to take the DeFi world by storm.

That solution is Preon.

And while all eyes have been on Sphere’s incredible new CDP lending protocol for the past month or so, an old friend has been growing, maturing and evolving in the background.

And, with the upcoming release of Preon, they’re set to work together in seamless harmony to flood DeFi in a tide of epic proportions.

To an outside viewer looking in, things may seem to have cooled down on the Dyson end of things. What with the spotlight focused on Preon, that would be a fair assumption to make.

But that is far from the case…

Dyson continues to thrive, improve, grow and expand, and is being built out with new utility, partnerships and much more. Every single day, more and more protocols are reaching out, seeing Dyson to build out their platform with liquid wrappers.

Hype?

You should be.

Let’s get into the juice.

Dyson/Preon Tag Team: A Match Made In The Stars

Sphere Finance (🔮,💜) on Twitter: "Hi, Sphereans! 👋At Sphere, we're building an expanding ecosystem of interconnected DeFi protocols. 🌐Everything under one roof allows us to test novel ideas and bring them to the fore! 💪🧵 : Explore how @PreonFinance x @dyson_money will revolutionize DeFi 👇1/n pic.twitter.com/mi9AV90QYE / Twitter"

Hi, Sphereans! 👋At Sphere, we're building an expanding ecosystem of interconnected DeFi protocols. 🌐Everything under one roof allows us to test novel ideas and bring them to the fore! 💪🧵 : Explore how @PreonFinance x @dyson_money will revolutionize DeFi 👇1/n pic.twitter.com/mi9AV90QYE

Sphere is nearing completion of a complex ecosystem with many moving parts.

Like a solar system, with different planets and moons all orbiting a central star, each protocol within the Ecosystem floats around and through the orbits of the others in a coordinated, heavenly dance.

To make it less flowery and more clear — each of Sphere’s solutions was created and designed to have specific use case and also expand the utility of each project.

That is also the case with Dyson and Preon, with both coming together to maximize capital efficiency in a way that’s never been seen before in DeFi.

Being the multi-chain yield maximizer of the Sphere Ecosystem, Dyson has multiple vaults across multiple chains that are geared towards providing amplified yield for users.

One of Dyson’s most prominent vault types are its actively managed and auto-compounded Uni V3 concentrated liquidity vaults.

These vaults work by taking the assets provided and combining them together into a Uni V3 liquidity pool. This is different from Uni V2, because liquidity providers must set a specific price range that their liquidity will cover for swaps, thereby concentrating their liquidity.

When the LP is within its set range, then it will earn swap fees, but when the LP is out of range, then it no longer earns swap fees.

Dyson provides the convenience of automatically setting the range of the LP. Not only that, but Dyson will automatically rebalance the LP when it moves out of range within a certain threshold. Additionally, auto-harvesting was also recently added in as a new and powerful feature.

The earned swap fees will also be claimed by Dyson and compounded back into the LP position.

Collectively, this provides a valuable service of automated and active concentrated liquidity management.

But the Sphere Ecosystem has much more up its sleeve when it comes to maximizing yield and capital efficiency within DeFi.

Enter Preon: the Sphere Ecosystem’s brand new CDP with unique tokenomics.

How does Preon work with Dyson?

Moving beyond the traditional CDP, users will also have the ability to farm on Preon. Farm vaults on Preon will accept LP tokens and farmers will be able to earn from the deposited LP as well as emissions in the form of $oPREON tokens.

The only requirement for a vault to qualify for votes in $vePREON — Preon’s governance token — and therefore emissions, is to have a token paired with Preon’s $STAR stablecoin. This is explained in more depth in the Preon Starmap article series, which you can read here.

This opens the door for Dyson to be integrated into Preon in unique ways, for example, through gated Preon vaults.

$vePREON holders can earn boosted $oPREON emissions; however, certain vaults will be gated by $PREON such that all users will earn the fully boosted $oPREON emissions, regardless of $vePREON holdings.

One such example of gated vaults will consist of Dyson Uni V3 $STAR LP receipt tokens. For example, users could first pair $STAR and $ETH together into a Dyson Uni V3 LP.

They could then take their Dyson receipt token and stake it on Preon, and here is where the magic begins.

Dyson will take the swap fee revenue generated by the Dyson Uni V3 LP and funnel those swap fees automatically as bribes for voters for that very same Preon farming pool.

These auto-bribes will incentivize $vePREON voters to vote on these pools, directing $oPREON emissions for farmers.

This will not only serve to amplify concentrated liquidity position yield…but also help compensate users against the impermanent loss of actively managed positions.

This is all possible due to the fact that $1 in bribes for voters typically provides more than $1 in emission yield for farmers, so if a Dyson Uni V3 LP earns $100 in swap fees that are then directed to bribes, the subsequent $vePREON votes will typically result in more than $100 in yield.

This has a whole host of benefits:

• Farmers who deposit their Dyson Uni V3 receipt tokens into Preon earn amplified yield via $oPREON emissions,
• $vePREON gets support as a governance token through auto-bribes,
• A new level of capital efficiency is introduced for the whole Ecosystem.

Another highly interesting dynamic also comes into play here between Dyson and Preon.

Dyson, and therefore Sphere, have been accruing governance over multiple DEXs across multiple chains through Dyson’s liquid wrapper solutions — a great deal of governance has already been earned purely through building, with zero investments from the treasury. This will allow Sphere to bootstrap Preon’s $STAR yield and liquidity across the DeFi space using these governance holdings and there is, of course, still much more to come.

Leverage

Now, what truly makes this a tag team comes down to one thing.

Leverage.

Users will have to leverage $dyETH, an upcoming $ETH vault that Preon will use to mint $STAR.

But what does this mean?

Let’s break it down a bit.

In essence, this means that normal yield farming of $ETH will be done via Dyson.

This will then be deposited into Preon in order to mint $STAR.

Dyson Continues To Build

And that’s not all.

While the focus seems to have been on Preon as of late, Dyson is still continuing to build and partner up with other protocols independently of Preon.

Two of those protocols are Équilibre on Kava and Retro on Polygon.

Équilibre on Twitter: "Équilibre brings Concentrated Liquidity to KAVA EVM https://t.co/CcFbyMyste / Twitter"

Équilibre brings Concentrated Liquidity to KAVA EVM https://t.co/CcFbyMyste

Having previously made a liquid wrapper solution for Équilibre with $spVARA, we will also be making liquidity managers for both Équilibre and Retro’s concentrated liquidity solutions.

Dyson (🔺,⭐) on Twitter: "Dyson's Liquid Market continues to expand. 💫We are proud to announce that we will be building a liquid wrapper solution for $VARA, applying our ve(3,3) flywheel model. 🔥Revealing, $spVARA. 🥂👇🧵 pic.twitter.com/lJJMq87CiU / Twitter"

Dyson's Liquid Market continues to expand. 💫We are proud to announce that we will be building a liquid wrapper solution for $VARA, applying our ve(3,3) flywheel model. 🔥Revealing, $spVARA. 🥂👇🧵 pic.twitter.com/lJJMq87CiU

On that front, Dyson has been connecting with many more DEXs, as well as AMM builders, who have all back-tested our vaults and given us strong positive feedback.

As you can see, Dyson’s utility is only growing and expanding.

But that’s not all.

Dyson will also be rolling out an analytics dashboard on CL vaults that are trackable, which will allow users to see how the vault is performing along with many other metrics.

And that’s a wrap for today-

Nope, not yet!

There’s one more thing that Dyson is building.

We’re currently in the process of creating special hedge vaults for concentrated liquidity that combine a number of narrow and wide ranges.

What does this achieve?

It creates a much more stable pool.

These are called weighted CL pools, and their purpose is to manage risk vs reward.

More will be revealed on that soon, so be sure to follow our Twitter so you don’t miss any new alpha as it comes out.

Dyson still continues to go strong, and shows no sign of slowing down any time soon!

We will continue to build and create more powerful utility to disrupt the space and establish the Sphere ecosystem as the true center of DeFi.

That’s all for tod-

Got you again! That’s not all.

We are working to implement Dyson with another protocol to create special vaults, as well as open up Dyson products for isolated lending and borrowing. More info will be shared on that soon, so be sure to keep your eyes peeled!

Catch you on the flip side, with more exciting news coming very soon.

If you haven’t read the previous two articles, we went over what Dyson is & illustrated what an exotic strategy is. If you haven’t read those yet or still aren’t clear on what Dyson is, we recommend you check those articles out here.

Following our run-down of the basics, we’re now comfortable to showcase what strategies in particular we’ve got in store. Introducing — Our very own Gains Network ($GNS) Compounder.

What is Gains Network?

Gains Network is a perpetual decentralized exchange. Users can trade with 150x leverage in a variety of markets.

Following their introduction of a decentralized forex market, daily volume has skyrocketed to over $300m highs.

For yield-farmers, this is good news. However, what’s even better is their $GNS token.

$GNS is the main utility token of Gains’ whole operation. When staking $GNS, users earn trade fees in $DAI from the DEX. Couple that with the huge volume, positive sentiment & expansion, and you’ve got a farming opportunity. The more Gains is used, the higher the yield for $GNS stakers.

Where does Dyson come in?

Dyson will be releasing a compounding strategy for $GNS. Users can deposit $GNS in our vaults & compound their $DAI rewards for more $GNS. Take a look at the image below to get a better picture of how this strategy works.

We have been keeping contact with Gains Network & we’re excited to release this strategy on one of the most prospective Polygon dApps. As fellow Polygon builders, we have no doubt this will be a great addition to Polygon DeFi. This is currently the only strategy for $GNS that is known in the space.

Staking $GNS vs Depositing in Dyson

When staking on Gains, users have to manually claim $DAI & buy $GNS, then stake. This is:

• Time-intensive
• Gas costly
• Capitally inefficient due to the human factor

When staking on Dyson, rewards are claimed & compounded automatically, on-chain! Users can simply monitor their position & withdraw or add in more $GNS as they wish. The APY from this method during our tests reaches up to 8% which is 60% more capital efficient than manual compounding!

When will the strategy be available?

The strategy is planned to be released on launch! Stay tuned on our social media & Medium to find out when & how we will launch. We will also slowly be releasing more strategies that you will find on launch, and then some!

Last article we’ve revealed Dyson & have given a very short, surface-level explanation to ease the newest of DeFi users. Let’s dive deeper now.

The importance of strategy

When referring to strategies in DeFi, most users mean a chain of investments made when yield farming to make the most out of their portfolio.

These can refer to leveraging their assets when yield farming, buying yield-bearing tokens, selling rewards to put into another yield farm, etc. A careful strategy can always ensure that risk is lowered & rewards are better realized.

In Dyson’s case a strategy refers to a vault where users deposit & let the vault manage the deposited asset. See below for a simple visualization.

However, there’s more to Dyson than just auto-compounding rewards from a liquidity pool. Dyson offers exotic strategies.

What is an exotic strategy?

An exotic strategy refers to any strategy that uses mechanics other than vanilla auto-compounding. These strategies are usually built around a single-stake of a coin. Whether it is $WETH or a yield-bearing token such as $stMATIC, users can deposit an asset and let the vault manage the strategy.

These strategies can go a variety of ways. Investing into a yield-bearing token & using yields to invest into higher-reward tokens, DCA-ing out of volatile positions, leveraging positions to earn more rewards. Amplified returns on the same token, but there is more going on under the hood.

That way, Dyson also enjoys a higher TVL — due to the sheer amount of careful management the vaults take. Users earn more on their position on any of their favourite yield sources or tokens.

The strategies are all carefully crafted, but are not set & forget. Yield-farming is quite rewarding, but comes with its fair share of risk. It’s always a good idea to monitor your positions.

We will begin revealing our strategies in the near-future. Be sure to follow us on Medium & Twitter. We’re also curious as to what you think will be listed as a strategy on Dyson. Can you guess?

Following months of planning, building & strategizing, we are excited to reveal Dyson — Brought to you by Sphere Finance.

What is Dyson?

Dyson can be described simply as a multi-chain yield maximizer. Yield-farming is a common investment strategy in DeFi in all market conditions. Most of our Sphere Finance community members report that at least 30% of their portfolio is in bluechips & stablecoins earning rewards for them. With a significant portion of their crypto portfolio being devoted to this, we decided to make that easy for you to do. Yield-farming has come a long way since its beginnings in DeFi, but there are still many capital inefficiencies.

What is yield-farming?

Yield-farming is one of the core activities a user can use in DeFi. By letting users make use of theirassets, whether it is a liquidity pool or lending them, you earn rewards that compensate you for your risk. Most DeFi users deposit in decentralized exchanges or money markets to earn rewards. The rewards are usually in fees charged from using their pool, or governance tokens.

To realize the reward’s value, users have to claim it. In case they’re long-term minded and wish to compound their rewards, this is somewhat capital-inefficient and also requires a commitment to continually process transactions.

Where does Dyson come in?

By depositing into Dyson, you let our vaults handle all the compounding. The vaults that Dyson offers are simply smart contracts that automate the process. This ensures two things:

• Users always claim their rewards
• Users always compound their rewards, earning more over time

The following diagram gives a better picture of how this works.

So using a maximizer vault, users are yield-farming at a higher APR (now APY) than they would by depositing normally.

Is that all there is to Dyson?

No, actually! Our team is known to go above and beyond.

Dyson brings exotic investment strategies to some of the most popular cryptocurrencies, amplifies the APRs and makes them accessible to everyone.

We will be hosting several exotic strategies on some of the most fee-generating platforms all across DeFi. These exotic strategies are built with a great amount of detail to ensure users make the most out of them. To find out what an exotic strategy is, follow us on our social media & Medium! We will be revealing more over time.