Fyde price

FYDE

#3977

Fyde bridges AI x DeFi by bringing the Liquid Vault archetype to Ethereum. Launched by a DeFi and Finance focused team from NASA, JP Morgan, Stanford and more, Fyde helps users consistently lock in gains, earn yield, and stay liquid. Liquid Vaults accept a variety of tokens which are automatically distributed across a diverse range of tokens and rising narratives. Gains from winners are locked in, and losses from losers are reduced. Through its AI models, Fyde helps protect against rugpulls and severe downside events, enabling users to grow crypto holdings faster with less volatility.

Fyde’s Liquid Vault allows users to deposit one of dozens of tokens and capture the market over time. Fyde’s Vault runs on crypto’s fastest simulation engine “RACE-RS”, which was designed and built internally by the Fyde team. Fyde is launching RACE-RS as an additional product to help projects conduct agent based simulations, stress tests, liquidity provisioning, and more.

$FYDE can be staked in the future to receive a percentage of the profits generated by the vault and other business lines. Stakers can use $FYDE to vote on a variety of parameters regarding the vault, such as what yield level to set, how yield should be generated, and more. Revenue generated by Fyde will be used to burn $FYDE.