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Bringing True Risk
Tranching To
Decentralised Finance

How does it work?

Portfolio
Each portfolio aggregates a curated list of yield farming strategies in DeFi. Such as a portfolio aggregating - lending vaults, AMMs, or a combination of both.
Tranches
Each portfolio is then "sliced" into different tranches, where the principal and the yield are re-distributed based on the tranch seniority. Users can choose which tranch to deposit funds based on their expected return and risk appetite.
Yields
Each tranche offers a different risk-adjusted yield. The cash flows from the portfolio is paid in a sequential or waterfall-like manner where the senior tranche is paid first, and the junior tranche is paid the last. The higher tranches pay fixed yield and have low risk, while the lower tranches have higher dynamic
yield but also higher risk.

Sample Illustration

 Illustrating the waterfall concept, imagine the  distribution similar to a factory process. 
Collection
Defi assets enter into the facilitation center (Pool), where yields are earned and collected.
Re-organization
When there are yields (coins) to be distributed, one can see the priority of the coins are being given to the senior tranche (bucket) first, then followed by mezzanine, and junior tranche.
Risk reward
Senior tranche enjoys fixed returns and first cashflow payments, while lower tranches such as junior tranche enjoy higher yields in return for lower seniority in payments.

Choose your risk appetite

Easily select different portfolios and access key information such as portfolio strategy, past and expected performance, tranche characteristics and risk parameters

Backed by leading Investors

Leo Cheng
from C.R.E.A.M. Finance
Kevin Tai
from Linear Finance
Xinshu Dong
from IOSG
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