πFAQ's
What is the DeFiEdge Protocol?
DeFiEdge is an on-chain asset management protocol built on Uniswap V3.
How does DeFiEdge work?
DeFiEdge allows liquidity providers to add liquidity to several strategies and earn fees on the liquidity they provide.
Can anyone create a strategy on DeFiEdge?
Yes, the protocol is completely permissionless, though during the beta phase we would whitelist strategy managers.
What will liquidity providers have as proof for providing liquidity to a strategy?
Liquidity providers would receive ERC20 tokens called DE shares that would represent the liquidity they provide.
Can liquidity providers add single-sided liquidity to a strategy?
Yes, liquidity providers will have the liberty to provide single side liquidity.
How can liquidity providers add liquidity to the strategy?
Liquidity providers can select the strategy they want to add liquidity in and click on the deposit button to add liquidity.
How can liquidity providers remove their liquidity from a strategy?
Liquidity providers can select the strategy they have added liquidity in and click on the remove button to remove liquidity.
How does the removing liquidity process work?
The DefiEdge shares that liquidity providers receive while providing liquidity are burned during the liquidity removal procedure. The liquidity providers then receive their deposited funds as well as the fees generated.
What does βfunds are on holdβ mean?
It indicates that the strategy manager has kept the strategy on hold and the liquidity is held in the DE smart contracts. When the market is too volatile, this can be done to ensure that the strategy's returns do not suffer as a result of the volatility.
Can liquidity providers withdraw their provided liquidity if the strategy is on hold?
Yes, the liquidity providers can withdraw their provided liquidity if the strategy is on hold.
Can liquidity providers withdraw partial liquidity provided to the strategy or do they always need to withdraw 100% of liquidity provided?
Liquidity providers have the option of withdrawing partial or all of the strategy's liquidity.
Does DeFiEdge have any governance tokens?
DefiEdge does not have any tokens yet.
Can liquidity providers invest in multiple strategies?
Yes, DefiEdge is a permission less and decentralized protocol and any user is free to choose one or multiple strategies.
On which network will the DeFiEdge Mainnet go live?
It will first go live on Polygon Mainnet followed by Etherum.
How does the DeFiEdge protocol earn revenue?
DefiEgde will charge fees to strategy managers and the charged fees will be collected from management fees and performance fees.
What is the current protocol fee?
Initially, the protocol fees are set to 3% of the management and performance fee charged by the strategy managers. For example, if a user deposits 100 USD in strategy that the strategy manager charges 1% then the fee to the protocol will be 0.03 USD.
Is the protocol fees variable?
Yes, the protocol fees are variable.
What is the maximum limit on the strategy management fee?
The maximum Strategy management fee the strategy manager can charge is 100%. The management fee is charged as an upfront fee.
Will DeFiEdge implement a DAO?
Yes, we do plan to launch a DAO in future.
ββWhat are the two types of fees charged by strategy managers?
There are two types of fees charged by the strategy manager: one is management fees and performance fees.
Is there a limit on the number of strategies that can be created by a strategy manager?
No, there is no limit on the number of strategies that can be created by a strategy manager.
Will DefiEdge have its own token?
Yes, once there is a substantial TVL locked the protocol will get its own token that will complement the UNB use case in the ecosystem. These are very early days and more details will be decided once the DAO is launched or as the need arises.
Why are the numbers on the dashboard and the strategy page different?
The numbers displayed on the dashboard page are fetched from the database. These numbers are updated every hour. Similarly, the numbers displayed on the strategy page are fetched from the graph.
Why canβt I see the recently created strategy on the manage strategy page?
It takes a while for the new strategy to be indexed from the graph after it has been created.
Being an investor in a strategy, how can I find an archived strategy?
The archived strategy can be found on the portfolio page.
Why does rebalancing take so long?
Here are a few reasons:
1.The ticks you provided as the closest to adding liquidity have been hit.
2.The chain you are using might return a JSON-RPC error.
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