Community-Governed Dynamic Fee Aggregator
The APY Cloud aims to revolutionize what is expected from current DeFi protocols by offering sustainable yield via a community-governed, dynamic Fee aggregator. It encompasses all products within the ecosystem and absorbs a portion of all product fees. These fees are aggregated into the Cloud and precipitate into Governance Staking, where holders of Governance tokens can stake and earn a sustainable yield through all market conditions.
Collect Fees
When a token is swapped on Ēnosys Dex, an NFT traded via the marketplace, or a token is bridged into the ecosystem, a service fee is paid and a portion of that fee is contributed to the APY Cloud. Protocol fees are adjustable via Governance.
Distribute Yield
Fees collected by the APYCloud are distributed to Governance participants who have their tokens staked in Governance Staking. Yield received is determined by the amount of aggregated fees and the Minimum & Maximum APY threshold parameters which are adjustable via Governance.
Sustainable APY
If APY Cloud contributions exceed the Maximum APY threshold, then the excess is stored in the APY Cloud reserve. If APY Cloud contributions are below the Minimum APY threshold, then the APY Cloud Reserve provides stimulus to maintain the Minimum APY Threshold.
Interconnected Ecosystem
A step beyond siloed solutions and inflation-based yield, the APY Cloud encompasses all products within the Ēnosys ecosystem. The APY Cloud aggregates fees from all products and rewards those who participate in the governing of the ecosystem.
This system incentivizes its participants to take an overall interest in the management of each of the individual products, as each product contributes to the system as a whole. Successful products will contribute to a sustainable APY Cloud.
Sustainable Real Yield
The main goal of the APY Cloud is to provide the entire ecosystem with sustainable yield through all market conditions. High, inflationary yield is unsustainable, short-lived and benefits few. The APY Cloud aims to revolutionize the way we think about yield and to consider that the road ahead is not always smooth.
This can be achieved via community-governed Minimum & Maximum APY Thresholds. Set via Governance, these parameters determine the minimum and maximum yield that is distributed to Governance Staking.
When APY Cloud contributions exceed the Maximum APY, then the excess fees are stored in the APY Cloud reserve. If APY Cloud contributions are below the Minimum APY, then the APY Cloud reserve will provide stimulus to meet the Minimum APY.
Adjusting Expectations with APY Cloud Ecosystem
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