General
Last Update: January 2024
Find answers to the most frequently questions about DexFi.
// Intro
What is DexFi?
DexFi is a cutting-edge decentralized finance (DeFi) platform offering an ecosystem of financial products designed to empower users and simplify their DeFi experience. By integrating advanced automation and customization features, DexFi enables users to maximize their investments with ease and efficiency.
What are Auto-compounding Vaults?
DexFi is Autocompounding vaults are smart contracts designed to maximize returns on cryptocurrency investments by continuously reinvesting earnings. These vaults, commonly used for yield farming, staking, and liquidity provision, automate the process of compounding rewards, saving users time and boosting long-term profits.
DexFi’s autocompounding vaults take this concept to the next level, offering unparalleled flexibility and customization to optimize your financial strategies.
What Makes DexFi Vaults Technologically Superior?
A: DexFi vaults are designed with advanced customization and automation, setting them apart from competitors. Here’s why they’re superior:
Customizable Strategies Users can tailor investment strategies to their precise preferences:
Allocate percentages for “Take Profit” and autocompounding.
Combine multiple farms (liquidity pools) within a single vault, assigning weight percentages for each.
Automatic Profit-Taking Profit-taking is automated, locking in gains while reducing risk and reinvesting intelligently.
Multiple Farm Balancing DexFi vaults rebalance multiple farms within the same vault, automatically directing rewards to the lower-value assets. This “buy-the-dip” mechanism has been proven to boost returns by an additional 7% on average compared to separating assets into different vaults.
Smart Routed Zap-In With the smart zap-in feature, users can seamlessly deposit funds into complex vault setups in a single transaction, minimizing fees and simplifying the user experience. (TO Change for UNIVERSAL ROUTER)
// Rewards and Profits
Where can I find pending rewards?
Check the "Rewards" section under the Personal Tab in your dashboard.
Where can I find/claim my realized profits?
DexFi uses an innovative way of claiming realized profits, via dexETFs ℹ️ LEARN MORE
When are pending rewards distributed?
Rewards are distributed at every harvest. If you missed one, it may have occurred during the night or during other scheduled harvests.
How can I see my compounded rewards?
Look at the green $ amount next to your LP value. This shows how much of your rewards has been compounded since the last harvest.
What does the "Profit" section show?
The "Profit" section only displays minted profit—profits that are finalized after each harvest.
What is the "Profit/Harvest KPI"?
This shows:
Total Harvest: Profit from the current harvest cycle.
Includes both minted profit and profit that will be minted after the next harvest.
// Vault Harvesting, Auto-compounding and Rebalancing
My vault skipped a harvest, is this a glitch?
This is actually a feature, not a bug. We recently implemented a feature that tracks the EMA gas price value over the last 24 hours. When autoharvest starts, it checks the current gas price against the EMA gas price. If the deviation is more than 20%, autoharvest skips until the next hour. It’s a gas war protection mechanism.
My vault is taking too long to harvest, what should I do?
A: If your vault is taking too long to harvest, it likely means the yield being generated is too low to reach the profitability threshold. To resolve this, consider the following options:
Increase the TVL of your vault to generate higher yields.
Join a vault created by another user with similar assets and a higher TVL, as this can help ensure more regular harvesting.
Can I manually harvest?
Go to your vault and click "Manual Harvest."
An on-chain transaction will be prompted, and after paying the gas cost, the vault will be manually harvested.
For v3 (CLM) liquidity, the behavior depends on the position:
If the position is out of range, it will rebalance and harvest.
If the position is in range, it will perform a normal harvest.
How often are vaults rebalanced?
Vault rebalancing frequency is based on TVL. All vaults have the potential to rebalance at least twice per day.
// APY & Performance Metrics
How is APY calculated?
Each Uni v3 position is defined by a tick range.
Swaps between ticks generate fees, which are extrapolated to calculate APR and APY.
If historical data isn’t available (e.g., for positions <18 hours old), a fallback formula is used:
positionDailyFee = poolDailyVolume * poolFeeTier * (positionTVL/poolTVL).
Last updated