What is unFracking a wallet? To unfrack means to unfractionalise the UTxOs’ (unspent transaction output) in a Cardano wallet. This is done to improve transaction cost and performance when dealing with wallets that contain a large number of UTxOs’. Why do Cardano wallets need to be unfracked? Here we provide…

It is incredible the pace in which the months pass, only 4 months left in the year and our DEX has already been live for 3 months. What a journey it has been so far, we have been overwhelmed by the response to our launch and couldn’t have hoped for…

Currently, on the first and seventeenth of every month, we rebalance the emissions on our farms. The period between each rebalancing is referred to as a farming set. This rebalancing takes place on two levels: Individual pool emissions and total platform emissions: Individual pools: These emissions are rebalanced on multiple…

Token Vaults Once our current VYFI/VYFI staking vault ends, we will be launching two new vaults to replace it. We will be replacing our 16.81% APR VyFi vault with one that offers a 6% APR. This vault will function the same as the current vault on our app, and allow…

The launch of our VyFinance DEx has been an incredible experience for the team, and a step forward for the Cardano Chain as a whole! Whilst we are humbled by the response to our launch, now is not the time for rest. But rather, the time to push Cardano DeFi…

Welcome back to the VyFinance monthly update! June was incredible and the first full month of the live DEx. The response has been resoundingly positive and users across the Cardano ecosystem have flooded in to engage with Cardanos new and shiny DEx. …

Have you acquired your L1-LP tokens, and are considering getting involved in Layer 2 LP (L2-LP)? In this article we describe how L2-LPs work, along with the rewards structure to help users better understand these LP tokens and how they operate. Let’s begin by describing the naming structure of these…

We. Are. Live. What an amazing month it has been! We launched on Mainnet, released our initial Audit, announced three great vaults including an LP vault, put out some in-depth articles, got involved in some great spaces and continued, as always, to build and continue to innovate. The new vaults…

Reflection on launch We are grateful to the community for such a successful launch! It’s only been four days, and we can’t believe the reception that we’ve received. We’ve been able to garner over 2M $ADA TVL, as community members prepare for farming rewards to begin on the 29th of May. Our strategy…