Enzyme Finance Key Features:
Enzyme Finance (formerly Melon) is revolutionizing decentralized asset management with its innovative platform designed for flexibility, efficiency, and user empowerment. Here's what sets it apart:
- Redesigned Smart Contract Architecture: Delivers greater integration flexibility while significantly reducing gas costs.
- Seamless Upgradability: Users can effortlessly upgrade to future Enzyme versions, accessing the latest protocol updates and features.
- Expansive Asset Universe: Choose from nearly 150+ assets to diversify your investment portfolio.
- Portfolio Lending: Enhance returns by earning interest on positions through lending protocols like Compound and MakerDAO's Chai.
- AMM Pool Integration: Boost performance by providing liquidity to pools such as Uniswap and earning trading fees.
- Synthetic Assets: Incorporate commodities and stock indices (e.g., sFTSE, sNIKKEI, sOIL) into your fund strategies.
- Optimized Liquidity: Paraswap integration offers deeper liquidity and gas-efficient trades alongside DEX options.
- Short Selling: Execute synthetic short positions via Synthetix’s inverse tokens.
- Investor Engagement: Share strategy details and team information to foster investor relationships directly on your portfolio page.
- Yield Farming: Easily harvest rewards from external DeFi platforms using Enzyme’s plugin system.
- Delegated Trading: Assign trading permissions to third-party addresses for flexible management.
- Custom Benchmarks: Measure performance against tokens or stablecoins of your choice.
- Tailored Access: Whitelist addresses and set minimum investment thresholds for your portfolio.
What’s New in Enzyme Finance?
1. Modular, Scalable, and Efficient Architecture
Enzyme’s v2 contracts are entirely rebuilt for:
- Modularity: Upgrade portfolios without compromising assets or investor security.
- Scalability: Core infrastructure supports plugins for price feeds, DeFi adapters, fees, and policies without hardcoding.
- Efficiency: Shared logic reduces deployment costs and improves performance.
2. Effortless Upgrades
- Access new features with 48-hour time locks for investor transparency.
- Investors retain withdrawal rights if changes don’t align with their goals.
- DeFi integrations (adapters) require no upgrades.
3. Growing Asset Support
- 150+ assets (and expanding) spanning primitives (e.g., ETH) and derivatives (e.g., cTokens).
- Simplified inclusion of new assets via price feeds.
4. DeFi Plugins & Yield Strategies
Combine lending, AMM pools, and synthetics to maximize returns. Example:
- Hold 50% ETH, 25% DAI, 25% USDC.
- Lend assets via Compound for 4.4% APY.
- Stake in Uniswap for 0.3% trading fees.
- Claim COMP rewards—all within Enzyme’s unified interface.
👉 Explore DeFi strategies with Enzyme
5. Enhanced Security Protections
- Policies block flash loans, restrict 24/7 redemptions, and deter arbitrage attacks.
- Automated front-end recommendations for safer strategies.
6. Customization at Your Fingertips
Configure fees, access (open/whitelisted), benchmarks, and delegation preferences in clicks.
7. Community Interaction
Share strategy insights and contact details to engage investors directly on your portfolio page.
Getting Started
Ready to dive in?
- Portfolio Managers: Use the Manager View to launch monetized strategies.
- Investors: Browse funds via the Investor View.
- Resources: Detailed guides are available in the Enzyme Documentation.
Join the conversation:
FAQs
Q: How do I migrate from v1 to v2?
- Liquidate v1 assets into your benchmark currency (e.g., DAI).
- Set up a v2 fund.
- Guide investors to redeem from v1 and invest in v2.
Q: What happens to v1 contracts after April 2021?
- Limited functionality: Redemptions allowed, but new investments/NAV updates are blocked.
Q: Can I transfer my v1 track record to v2?
- Link v1 performance data manually in your v2 fund settings.
Q: What are Enzyme v2’s fees?
- Zero fees during the initial phase. Post-launch fees follow MIP7.
Q: How can I track new assets?
- Check the Asset Tracker for updates or submit requests.
Enzyme Finance—where DeFi meets professional asset management.