Overview
Tokenization protocol for onchain assets
Overview
DELTAFi is a tokenization protocol for decentralized exchange traded products, dETPs. It enables tokenization of investment strategies or positions constructed using onchain assets and DeFi protocols into dETPs, which are programmable assets on blockchain. These dETPs can be freely traded on exchanges and used as collateral on DeFi protocols, enabling users to leverage their assets for activities such as "yield stacking".
Understanding dETPs
Decentralized Exchange Traded Product (dETP) is a tradable token that tracks the performance of the underlying Vault. The Vault comprises a set of smart contracts deployed on a blockchain, tasked with managing assets through DeFi applications to generate profit through predefined investment strategies.
Key Features of dETPs
Decentralization: dETPs use smart contracts, eliminating the need for centralized intermediaries, streamlining processes, and reducing costs.
Transparency: Assets managed by the Vault can be tracked in real-time, providing full transparency to users. This design helps prevent issues like those seen with FTX, where assets were not fully disclosed to users.
Automated Liquidity Provision: DELTAFi Vaults automatically provide liquidity to dETPs on concentrated liquidity automated market makers (CLAMM). This approach not only increases liquidity for dETPs but also boosts earnings for dETP holders through LP fees, a feature limited to APs (Authorized Participants) such as large investment banks in traditional markets.
Efficient Price Discovery: The Vault's liquidity provision for dETPs based on Index Price encourages efficient tracking of market price to Index Price.
DELTAFi envisions a diverse range of dETPs tailored to suit different investors, aiming to drive widespread adoption of dETPs across DeFi platforms. This strategic approach empowers users with choices for optimizing assets by leveraging key feature: composability.
Composability of dETPs
One of the most distinct advantages offered by dETPs is the high degree of composability within the DeFi ecosystem enabling:
Interoperable Financial Legos: dETPs are built on open-source protocols, functioning as 'financial legos' that interoperate with various DeFi protocols such as lending platforms and yield optimizers.
Customization: Investors can customize their exposure by combining different dETPs into their portfolio to create tailored investment profiles that match their risk and return preferences.
Programmable and Upgradeable: dETPs are both programmable and upgradeable, providing flexibility for strategy changes and integration of new DeFi protocols.
dETP Use Cases
Below are some of the use cases of dETPs:
Risk Diversification: Users can diversify their investment risk by holding a basket of dETPs, which spread exposure across multiple strategies and DeFi protocols.
Automated Strategy Execution: dETPs automate investment strategies, which means users can benefit from systematic rebalancing and strategy execution without manual intervention.
Roadmap
DELTAFi is actively working to expand its offerings and adoption by:
Multichain Expansion: Expanding to other blockchains with rich DeFi ecosystems to develop variety of dETPs
Omnichain Access: Increasing the availability of dETPs across multiple blockchains via bridges to access diverse crypto assets and user bases.
Strategic Partnerships: DELTAFi is striving to forge partnerships with key players in the DeFi ecosystem for more integrated uses cases for dETPs and diverse investment strategies.
Educational Initiatives: DELTAFi intends to roll out educational material and resources to help both novice and experienced users understand and make the most of dETPs.
DELTAFi is committed to pushing the boundaries of DeFi, making dETPs an integral part of the DeFi investment landscape. Through transparency, efficiency, and composability, DELTAFi is shaping a future where DeFi products are as ubiquitous and trusted as their traditional counterparts.
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