https://medium.com/enzymefinance/these-exciting-projects-are-all-building-on-enzyme-heres-why-a088ca492aef?source=rss----738060d65eb9---4

An ever increasing number of projects are leveraging the capabilities of Enzyme, laying the foundation for a more efficient, secure and equitable financial ecosystem. In this article, we explore some of the most innovative projects building on Enzyme’s infrastructure.

Enzyme is a non-custodial DeFi operating system designed to enable asset managers, treasury managers, DAOs, organisations and institutional investors to create automated on-chain investment vaults. By utilising smart contracts, Enzyme connects with dozens of DeFi protocols, allowing asset managers to develop composable strategies that harness the true potential of DeFi.

Today, there are an increasing number of projects building on Enzyme that solve a variety of pain points. With their own front-ends and customer-facing platforms, each of these projects is distinct in its own right but leverages the underlying smart-contract technology and on-chain asset management features that Enzyme has created. This adaptability allows each platform to address the specific needs and preferences of their users, providing a more personalised and engaging customer experience.

Join us as we reveal why these projects have chosen to build on Enzyme and discuss how they are working to transform the on-chain asset management space.

Why build on Enzyme?

With Enzyme’s newly launched API and upcoming SDK, our ever increasing number of DeFi integrations and Avantgarde’s newly launched regulated on-chain fund platform, there are more reasons than ever to start building on Enzyme. Let’s explore a few of these reasons now.

1. Access our SDK and API: Unlock seamless data querying from the Enzyme Protocol with the new Enzyme API, designed to empower vault owners and projects with streamlined access to vault activities that enables the development of innovative features and applications.
2. Run sophisticated DeFi strategies: Through the utilisation of Enzyme’s smart contracts, projects can easily connect with 20+ DeFi protocols that have been vetted and integrated by our team of developers. And with access to more than 250+ digital assets, managers can create composable strategies that tap into the vast and multifaceted world of DeFi.
3. Automate trading: With the ability to fetch real-time and historical data, advanced users and developers can create automated trading systems or robo-advisors that respond to market conditions based on pre-set criteria. This could optimise trade execution and potentially enhance returns.
4. Streamline accounting: Vault owners can utilise the Enzyme API to pull data directly into their accounting systems, automating the process of tracking inflows, outflows, and holdings across different assets. This can simplify the reconciliation process and provide a real-time view of the vault’s financial status. With accurate and easily accessible data, the API can help in maintaining proper accounting records, thereby easing the preparation of financial statements and tax filings.
5. Launch a regulated fund and manage it on Enzyme: Avantgarde and Agio have now bridged the gap between institutions and blockchain-based asset management technology by wrapping DeFi vaults running on Enzyme into a fully compliant fund structure. Importantly, these regulated investment funds preserve many of the original values of blockchain: elimination of counterparty risk, the right to self-custody, the provision of much needed transparency to the institutional market, and 24/7 provable and verifiable reporting.

The Top Projects Building on Enzyme

Sygnum Bank

Sygnum, the world’s first regulated digital asset bank, is on a mission to empower everyone, everywhere, to own crypto with complete trust. Sygnum offers professional 24/7 trading for the digital assets market, alongside a robust staking service, custody division and asset management products.

On July 18th, 2023 at ETH CC in Paris, Sygnum publicly announced it has begun work on a proof-of-concept on-chain asset management vault using Enzyme. Notably, this vault will retain all the benefits of DeFi and will be run fully on-chain.

Using Enzyme’s 0x v4 integration, Sygnum will be able to conduct fully on-chain RfQ orders with known market makers. The POC vault went live on Aug 9th and is currently undergoing review and analysis by the Sygnum team.

Avantgarde Asset Management

Avantgarde is known as a core contributor to the Enzyme protocol. However, over time we have evolved into the world’s first on-chain asset manager. Avantgarde Asset provides institutional-grade infrastructure to interact with DeFi securely, transparently and compliantly. The tech stack eliminates counterparty risk, enables self-custody as an option and gives investors full transparency.

To learn more, reach out to a member of the team at info@avantgarde.finance

Diva Staking Protocol

Diva Staking Protocol is gearing up for a groundbreaking initiative using Enzyme. This Diva Improvement Proposal proposed by Avantgarde aims to ignite a chain reaction of network effects by introducing a Pre-Launch Total Value Locked (TVL) for Early Stakers. The initiative primarily focuses on incentivizing Early Stakers, those who commit to Diva’s vision before its mainnet launch.

These early adopters will be rewarded with DIVA token incentives. Not only will this boost confidence in the protocol but also encourages active participation in governance. Additionally, the initiative paves the way for two more incentive programs, which will cover Node Operators and Liquidity Providers for the upcoming LST (divETH), thus fostering a robust framework for the long-term success of the protocol.

With these initiatives, Diva aims to create a diverse and thriving DeFi ecosystem while adhering to important considerations such as security, token allocation, and transferability. Stay tuned for more updates on how this initiative unfolds and how Enzyme & Avantgarde contribute to the evolving landscape of LSTFi projects.

TradingStrategy.ai

As decentralised finance (DeFi) matures, more and more financial services can be constructed purely in code, whereas before they existed as traditional and bureaucratic paper-pusher institutions.

The first steps in this direction have already been taken by Enzyme. TradingStrategy.ai takes this a step further and decentralises the role of an investment manager — the person who is going to decide what trades to take and execute them.

Specifically, Trading Strategy is using Enzyme to enable sophisticated automated trading strategies for quants, so they can trade on DEXes and DeFi. Before, these people had to go to centralised exchanges like FTX, where many burnt their fingers and are now looking for DeFi solutions.

Trading Strategy offers:

• Historical and live market data
• Strategy development and backtesting framework
• Live trade execution directly on-chain
• Fund and asset management system (integrated with Enzyme)

Recently, TradingStrategy won an award at the ETH Dubai and Sushi Swap 2023 Hackathon, which leveraged Enzyme’s asset management technology. The team’s Citade-Sashimi project enables the execution of quant trading strategies for Sushi using Python scripting and Enzyme vaults.

Shbank

Shbank is a one-stop shop DeFi yield protocol focused on building structured products vaults. The first product of Shbank is the Convertible Vault, which builds on top of Enzyme and Solv. The convertible vault essentially allows users to earn stable coin yield and SBK rewards (Shbank’s primary token) by locking volatile tokens for a given maturity.

Shbank is building on top of Enzyme because it allows users to pool funds seamlessly and securely, which is a key requirement for the convertible vault. Enzyme is Shbank’s go-to solution because of its:

• Rich features and flexibility of the enzyme vaults, which allows to personalise the vaults to meet the business needs and custom requirements of the structured product
• Long and established track record of security with renowned auditors
• Optimised gas costs despite the sophisticated infrastructure design
• Enzyme’s DeFi protocol integrations are convenient for building complex products to answer market needs

DigiTao Hub

DigiTao Hub is an ambitious DeFi project that aims to build a community-driven, self-custodial, digital asset education and investment platform. DigiTao’s primary objective is to empower conventional investors who have been hesitant to enter the digital asset arena due to its fast pace and complexity.

The platform offers education on beginner topics to advanced investment and trading concepts, enabling members to expand their knowledge and understanding of digital assets.

Community co-vesting vaults enable members to invest in a diversified portfolio of managed on-chain digital assets through a single vault token. This creates an easy way to gain exposure as you learn, as well as a tax-advantageous structure with only a single token for tax reporting and all while retaining full ownership in their own secure Web3 wallet.

Self-custodial vaults are secured on Enzyme’s v4 Sulu with audited smart contracts that provide real-time audits and transparent analytics ensuring that members are always informed about their assets.

In order to access premium and exclusive content or services, members will be required to have a special digital access token depending on their chosen path. Created through the use of blockchain and smart contracts, this token acts as an all-in-one solution to easily interact with different features offered on the platform within the Web3 setting.mDigiTao will keep its community updated on their socials when the members utility token is officially launched.

Hedge 3

Hedge3 is a decentralised “hedge funds” marketplace designed to aggregate public vaults from decentralised finance protocols like Enzyme. Their mission is to simplify and streamline the investment process in decentralized funds and vaults, allowing users to easily access a wide array of investment strategies managed by experienced fund managers.

By integrating with Enzyme, Hedge3 allows investors to confidently invest in diverse, high-quality public investment funds. Hedge3 believes that Enzyme’s secure, transparent, and composable infrastructure perfectly aligns with their goal to empower users with a seamless investment experience.

In their future plans, Hedge3 aims to introduce features like index funds, investor leaderboards, and a native token to incentivize our users. These features will provide a comprehensive solution for investing in the rapidly evolving crypto market. Hedge3 is dedicated to making decentralised finance accessible and straightforward for everyone, regardless of their level of expertise.

My Crypto Index

My Crypto Index (MCI) is a DeFi platform where users can invest in crypto index funds and build portfolios tailored to their risk appetite. With MCI, users can access cutting-edge crypto investment technology, education, and industry expertise. MCI provides a straightforward, cost-effective, and less risky way to invest in crypto.

Enzyme’s DeFi operating system allows greater flexibility in MCI’s portfolio management and construction. MCI utilises Enzyme’s DeFi OS to plug into existing web3 infrastructure, tools, and resources. The platform is connected with a range of DeFi protocols that provides access to a broad range of investment strategies that are leveraged to help maximise returns for investors.

There is excellent synergy between the MCI and Enzyme platforms, and MCI will continue to work with Enzyme to enhance the overall ecosystem of decentralised asset management. One area of particular promise is collaborating on developing better management and on-chain compliance tools for asset managers. By leveraging the expertise of MCI in this area, Enzyme could enhance its tooling and regulatory compliance capabilities, making it the standard solution for institutional asset managers.

Troop Finance

By providing a social/collaborative investment platform, Troop Finance is empowering communities to invest better together. Built on Lens Protocol, Troop Finance enables anyone to become a member and contribute to the curation of investment portfolios. This community-managed approach to investing addresses many of the challenges faced by retail investors, from limited monetization options for community thought-leaders to a lack of trust in traditional financial institutions.

At a later date, Troop Finance will use Enzyme’s infrastructure to enable groups of people to crowdsource investment ideas without pooling funds. This means that the token representing a share in the Enzyme vault is not exposed to supply and demand dynamics, but rather represents the value of the underlying assets. Additionally, Troop Finance leverages Enzyme’s curation tools to ensure the liquidity of the tokens and strategies included in the community-curated portfolios.

The next step for Troop Finance is to integrate with Discord and Telegram bots, allowing investment strategies to be shared within “alpha groups.” We are excited to watch Troop Finance as they bring their vision of a web 3.0 native SocialFi investment hub to life on Enzyme.

Upcoming Projects

That’s not all — we are also excited to announce that several new projects will be building on Enzyme, too. This includes 401 Financial, who are transforming the path to financial freedom with next generation financial planning services, as well as several regulated crypto banks. Further details will be released in the coming months.

Conclusion

In conclusion, the diverse range of projects building on Enzyme highlights the growing potential of decentralized finance and the innovative ways in which Enzyme’s infrastructure is being utilised.

From sophisticated automated trading strategies to collaborative social investment platforms, Enzyme is empowering projects to create more secure, transparent, and efficient financial services.

Remember, we are here to support your journey every step of the way. Don’t hesitate to reach out to our community for guidance, or share your experiences and ideas with us. If you have a particularly compelling idea, or you’d like to build products and services on top of Enzyme, you can read about the Enzyme Grant Programme here.

Together, we can continue to push the boundaries of what’s possible in the realm of decentralised finance.

These Exciting Projects Are All Building on Enzyme – Here’s Why 🚀 was originally published in Enzyme on Medium, where people are continuing the conversation by highlighting and responding to this story.

https://medium.com/enzymefinance/introducing-the-enzyme-api-a-unified-way-to-query-data-and-enable-new-use-cases-666466e60a54?source=rss----738060d65eb9---4

Introducing the Enzyme API — A Unified Way to Query Data and Enable New Use Cases

Unlock seamless data querying from the Enzyme Protocol with the new Enzyme API, designed to empower vault owners with streamlined access to vault activities that enables the development of innovative features and applications.

Introduction

The Enzyme API allows users to extract data from the Enzyme Protocol in a simple way. In particular, it provides methods to query data related to individual vaults, depositors, assets but also data related to the overall Enzyme network.

The Enzyme API does not provide methods to build transactions to interact with the Enzyme protocol directly. For this, the Enzyme SDK is currently being built.

While this initial launch offers access to the Enzyme API, we will continue to expand its functionality and use cases over the coming months. This offers several benefits to vault owners, most notably providing one single source of truth for all data related to a vault’s activity (including historical data). This data helps unlock multiple use cases, including customised reporting, streamlined accounting and automated trading.

If you are interested in using the Enzyme API, there are tools that can help non-native programmers extract data in a human-readable way. More information on this can be found in the “Tips and Tools” section.

With the release of the Enzyme API, we hope to provide our users with greater accessibility to Enzyme vault data and enable a range of new features, products and use cases.

How does the technology work?

The Enzyme API is a gRPC based API.

gRPC is a modern open source high performance Remote Procedure Call (RPC) framework that can run in any environment. It can efficiently connect services in and across data centres with pluggable support for load balancing, tracing, health checking and authentication. It is also applicable in the last mile of distributed computing to connect devices, mobile applications and browsers to backend services.

Using the Enzyme API

In order to use the Enzyme API, you will need an API key. API keys can be generated within the Enzyme App, https://app.enzyme.finance/account/api-tokens

Once you have created the API keys, there are two ways to use the Enzyme API: 1) using a pre-built API client, 2) sending standard HTTP requests to the API.

1. Using the Enzyme API client

Enzyme provides an API client package @enzymefinance/api which you can import into your JavaScript/TypeScript project. The client package runs both in the browser and in a node.js environment.

Client packages for other languages can be downloaded directly from the Buf Schema Registry at https://buf.build/avantgardefinance/enzyme/assets/main

We have built two simple examples on how to use the Enzyme API to get you started:

• Example browser usage: https://github.com/enzymefinance/sdk/tree/main/examples/example-api-web
• Example node usage: https://github.com/enzymefinance/sdk/tree/main/examples/example-api-node

2. Using HTTP request

If you cannot make use of the API client package, you can also send standard HTTP requests. A sample request looks as follows:

curl -X POST -H “content-type: application/json” -H “authorization: Bearer ” -H “connect-protocol-version: 1” -d ‘{“address”: “0x1b83ba4527c837d462d5b78d65a097dabae5ea89”}’ https://api.enzyme.finance/enzyme.enzyme.v1alpha.EnzymeService/GetVault

What use cases does the Enzyme API enable?

The Enzyme API opens up a myriad of possibilities for Enzyme vault owners and DeFi enthusiasts, ushering in an era of enhanced accessibility, transparency, and user empowerment. Some potential use cases include:

1. Real-Time Vault Monitoring: By leveraging the API, vault owners can easily fetch real-time data related to their vaults. This information includes current asset holdings, asset allocation, performance metrics, and transaction history. This could streamline the monitoring process, aiding informed decision-making.
2. Customised Reporting and Analytics: Vault owners can utilise the Enzyme API to generate customised reports and perform in-depth analysis, using data relevant to their specific strategies and goals. This could lead to more efficient risk management and the fine-tuning of investment strategies.
3. Streamlined Accounting: Vault owners can utilise the Enzyme API to pull data directly into their accounting systems, automating the process of tracking inflows, outflows, and holdings across different assets. This can simplify the reconciliation process and provide a real-time view of the vault’s financial status. With accurate and easily accessible data, the API can help in maintaining proper accounting records, thereby easing the preparation of financial statements and tax filings.
4. Integration with Third-Party Applications: The API enables developers to integrate Enzyme Protocol data into third-party applications, thus opening possibilities for new tools and services within the DeFi ecosystem. For example, performance tracking apps, financial dashboards, or DeFi analytics platforms could pull data from the Enzyme Protocol.
5. Automated Trading and Asset Management: With the ability to fetch real-time and historical data, advanced users and developers can create automated trading systems or robo-advisors that respond to market conditions based on pre-set criteria. This could optimise trade execution and potentially enhance returns.
6. Community Building and Transparency: By pulling data on vault activities, communities or groups of investors can build transparency into their investment operations. This could be particularly useful for decentralized autonomous organisations (DAOs) that operate funds collectively.
7. Compliance and Auditing: Regulatory compliance and auditing is a significant concern for businesses operating in the crypto space. The Enzyme API could simplify this process by providing a reliable source of truth for all vault-related activities, supporting proof of compliance and facilitating auditing processes.

Remember, these are potential use cases. The actual applications will depend on the individual needs of vault owners and how they, or the developers they work with, choose to leverage the API’s capabilities.

Tools and Tips

We appreciate that using the Enzyme API may be daunting for some vault owners that are not programmers by background. As such, we’ve provided a number of different tips and tools to help make the process as seamless as possible.

Detailed Documentation: We’ve created comprehensive and easy-to-understand documentation for the Enzyme API. It provides step-by-step guidance on how to use the API, with explanations on each feature and function, in addition to providing examples. You can access it from the Buf Schema Registry.

API Client Package: We offer an API client package that you can easily import into your project. While this does involve some coding, the package is designed to simplify the process of interacting with the Enzyme API. Examples of how to use the package can be found in the GitHub links provided here and here.

HTTP Requests: If coding is a challenge, you can send standard HTTP requests to interact with the Enzyme API. This can be done using various simple tools like Postman, which provides a user-friendly interface to build and send requests.

Community Support: We encourage you to leverage our community of developers and users. They are often the best resource for answering questions and providing assistance. Our community can be found on platforms like Discord, where you can ask questions, share experiences, and learn from others.

Third-Party Tutorials: Many online platforms offer tutorials on how to work with APIs and gRPC, often in a user-friendly way. Websites like YouTube or learning platforms like Udemy or Coursera may have resources to help you understand how to interact with APIs in general, which can be applied to the Enzyme API.

Documentation

Technical documentation (endpoints and message definitions) is available from the Buf Schema Registry at https://buf.build/avantgardefinance/enzyme

Conclusion

The introduction of the Enzyme API marks an exciting milestone for the Enzyme community. It represents our commitment to providing a seamless, unified, and efficient way to access and manage on-chain data. With its intuitive design and broad capabilities, the API offers potential benefits to a wide range of users — from experienced developers eager to explore new DeFi applications, to vault owners looking to enhance their asset management strategies.

We’ve made every effort to make the Enzyme API as accessible as possible, providing comprehensive documentation, user-friendly tools, and a supportive community.

As we continue to evolve and improve our services, we look forward to seeing the innovative ways in which our users will leverage the Enzyme API. We believe it will be instrumental in driving greater transparency, flexibility, and efficiency within the DeFi landscape, shaping the future of on-chain asset management.

Remember, we are here to support your journey every step of the way. Don’t hesitate to reach out to our community for guidance, or share your experiences and ideas with us. If you have a particularly compelling idea, or you’d like to build products and services on top of Enzyme, you can read about the Enzyme Grant Programme here.

Together, we can continue to push the boundaries of what’s possible in the realm of decentralised finance.

Introducing the Enzyme API — A Unified Way to Query Data and Enable New Use Cases was originally published in Enzyme on Medium, where people are continuing the conversation by highlighting and responding to this story.

https://medium.com/enzymefinance/enzyme-integrates-with-morpho-to-unlock-enhanced-yield-opportunities-in-defi-6b8ac32b341a?source=rss----738060d65eb9---4

Enzyme partners with Morpho to offer asset managers access to optimised yield opportunities through seamless, peer-to-peer decentralised lending.

We are delighted to announce that Enzyme has now integrated with Morpho, a transformative protocol built on top of renowned lending pools like Compound and Aave. With this collaboration, Enzyme’s asset managers can now use Morpho to enhance yields while preserving the same liquidity, liquidation guarantees, and risk parameters associated with the underlying protocol.

What is Morpho?

Morpho is an innovative peer-to-peer layer that significantly enhances the capital efficiency of leading lending pools such as Compound and Aave. It accomplishes this by implementing a unique mechanism that seamlessly matches lenders and borrowers on a peer-to-peer basis. As a result, Morpho can offer improved rates, thus optimising the lending experience while maintaining the same liquidity, liquidation guarantees, and risk parameters of the underlying protocol.

At its core, Morpho operates as a lending pool optimizer. It ensures that users interact with Morpho-Aave or Morpho-Compound the same way they would with the native Aave or Compound protocols. This means users still have access to billions of dollars ready to be borrowed or withdrawn, while also enjoying the same collateral factors, oracles, close factors, etc. The fundamental difference lies in the enhanced rates that Morpho can offer to both borrowers and lenders.

Morpho’s innovative approach solves the spread problem prevalent in current lending protocols. On platforms like AAVE or Compound, the spread between interests paid by borrowers and those earned by suppliers is substantial due to the liquidity pool mechanism. Morpho mitigates this issue by matching supplied liquidity with demand peer-to-peer, enabling lenders to receive interest payments corresponding to those paid by the borrower(s) they are paired with. This shift from socialised to peer-to-peer rewards results in higher capital efficiency and improved rates for all users.

In essence, Morpho stands as an optimised gateway to decentralized lending, providing a more profitable alternative for users seeking to borrow or lend via their favourite lending pools. By choosing Morpho users can enhance their yield generation while preserving the familiarity and assurance of the original protocols.

Why should you use Morpho?

The world of DeFi is an ecosystem of infinite potential and diverse opportunities. Yet, unlocking this potential and capitalising on these opportunities can be a complex task. This is where the integration of Morpho and Enzyme comes into play, combining the strengths of two powerful DeFi platforms to deliver an unrivalled asset management experience.

As an asset manager, your priority is to maximise returns while minimising risks. Efficiency, flexibility, simplicity, and safety become the cornerstones of your investment strategy. The fusion of Morpho’s innovative peer-to-peer lending mechanism with Enzyme’s robust suite of asset management tools offers exactly that.

So, what can asset managers expect when they use Morpho on Enzyme? A wealth of benefits that revolve around four core principles:

1. Improved rates: Positions on Morpho are more capital efficient thanks to seamless peer-to-peer matching. This leads to better APYs for asset managers and increases overall returns.
2. Attractive Risk-Adjusted Returns: Morpho improves rates without changing the underlying risk. As an asset manager, you always receive a rate equal to or better than the underlying pool, while maintaining the same risk parameters and liquidation guarantees.
3. Intuitive Integration: With Enzyme’s robust front-to-back execution and order management system, users can add Morpho positions to their portfolio in a few clicks.
4. DAO Treasury Management: Enzyme’s programmable risk management and trader delegation tools means DAOs can outsource the operations of their treasury to one or more asset managers and can add Morpho into existing strategies while maintaining their risk controls.

How do I get started?

To start leveraging Morpho’s enhanced yield capabilities on Enzyme, follow these steps:

1. Connect your wallet to the Enzyme platform
2. Navigate to DeFi Protocols, then select Morpho
3. Asset managers can then use Morpho to secure enhanced yields on popular liquidity pools
4. For more detailed information, please visit our documentation here

Conclusion

As the DeFi space continues to evolve, the team at Enzyme is committed to providing asset managers with the tools they need to maximise their yield opportunities. Our integration with Morpho is a testament to this commitment, enabling access to optimised rates for lenders. Embrace this new era of asset management with Enzyme and Morpho, where safety and efficiency meets innovation.

With Enzyme’s v4 Sulu, it’s never been easier for managers to create custom on-chain asset management strategies, access dozens of DeFi d’Apps and trade 250+ digital assets in one simple, trustless, and efficient platform.

At Avantgarde, we help institutional investors, crypto-natives and DAOs get exposure to DeFi investment opportunities.

For business enquiries, please contact: luca@avantgarde.finance

For marketing enquiries, please contact: conor@avantgarde.finance

For support enquiries, please contact: support@avantgarde.finance

Enzyme Integrates with Morpho to Unlock Enhanced Yield Opportunities in DeFi was originally published in Enzyme on Medium, where people are continuing the conversation by highlighting and responding to this story.

https://medium.com/enzymefinance/the-enzyme-grant-programme-a-foundation-for-advancing-defi-asset-management-601855e04ea5?source=rss----738060d65eb9---4

A strategic initiative that aims to foster innovation in on-chain asset management by funding projects that leverage Enzyme’s robust digital asset management infrastructure, align with key objectives and deliver long-term growth and value creation.

TLDR:

• Enzyme has introduced a revised Grant Programme, aimed at fostering innovation and talent in on-chain asset management by funding innovative projects on its platform
• The Enzyme Council and its sub groups review and approve grant proposals
• The Enzyme Grant Programme is particularly interested in projects that develop indices, apply AI, create investment support systems, provide DAO support and tooling, or are involved in marketing, conferences, and research publications
• The Enzyme Council DAO’s core objectives include: 1) enabling a robust, market-driven on-chain asset management infrastructure, 2) growing Assets Under Management (AUM), 3) ensuring long-term sustainability, and 4) creating value for stakeholders
• A ‘Market Working Group’ will be established to focus on promoting long-term sustainability and reviewing grant proposals
• Application for the programme includes expressions of interest by email, proposal submission on DAO forums and a final vote on Snapshot
• The programme encourages potential grantees with transformational ideas to apply, aiming to harness the potential of decentralised finance for growth, sustainability and value creation.

Introduction

As Enzyme continues to evolve in the changing landscape of on-chain asset management, it’s crucial that we consistently align our efforts with our vision of propelling innovation and fostering talent.

One such initiative that plays a pivotal role in this pursuit is our Enzyme Grant Programme. This programme, which can allocate up to 306,000 newly minted tokens annually, aims to encourage and fund innovative projects that strive to construct practical solutions and tools using our platform.

As we move forward, we believe now is an opportune time to revisit and refresh this grant framework. Our aim is to enhance its relevance and impact, making it more aligned with our broader objectives and the evolving needs of the DeFi space.

To this end, we are looking at setting new parameters and guidelines that will shape our decision-making process. This article is intended to serve as the primary reference for all pertinent information about our refreshed grant programme and application process. Herein, we delve into the specifics of the programme, highlight areas of particular interest, and provide details on how to participate in this initiative.

Part 1: What is Enzyme?

Enzyme is a sophisticated on-chain asset management system that offers streamlined access to digital assets and DeFi through a single, comprehensive application. The protocol integrates a robust front-to-back execution and order management system, offering fully automated reporting, risk management, administration, governance, and operations.

Enzyme has become a trusted base for a growing number of innovative projects, each contributing to the development of a more efficient, secure, and equitable financial ecosystem.

By leveraging Enzyme’s robust smart-contract technology and on-chain asset management features, these projects have developed unique front-ends and customer-facing platforms. The inherent customizability of Enzyme allows projects to design different use-cases and user experiences.

The Enzyme Council is made up of two constituencies — the Enzyme Technical Council (ETC) is responsible for making decisions to further the development and adoption of the protocol. The other constituency is the Enzyme User Representatives (EUR), who represent the user community and raise concerns and issues on their behalf.

The goal is for the ETC and EURs to maintain a close relationship and preserve a healthy feedback loop. Both constituencies work together to define and prioritise the needs of users of the Enzyme network, and will ultimately decide whether a grant request meets the intended objectives and growth plans of the protocol.

Part 2: The Evolution of the Enzyme Grant Programme

The Enzyme Council is dedicated to committing significant resources towards supporting promising projects that strive to build on Enzyme, creating practical, high-value solutions for on-chain asset management.

In a bid to streamline and enhance the impact of this programme, the Enzyme Council has undertaken a comprehensive review of our grant initiatives. The goal is to establish clear guidelines and a coherent framework for projects that seek to leverage Enzyme’s asset management system.

The Enzyme Council DAO can review grant applications and allocate those funds to projects, developers, maintainers and auditors who they believe can add value to the Enzyme ecosystem.

In our refreshed grant programme, we are particularly interested in supporting projects that are seeking to build practical solutions in the following areas:

• Development of indices, methodologies, and investment tools enabling the creation, management and reporting of institutional grade funds
• Applications of AI and generative AI, with a scope ranging from automating customer service to conducting market analysis and fund construction
• DAO support and tooling with real use-cases behind them
• Marketing, conferences, and research publications

These areas signify our continuous commitment to broaden the reach and depth of our platform, and in turn, encourage innovative solutions that benefit the Enzyme ecosystem.

Beyond these focus areas, the Enzyme Council also encourages projects that exhibit a strong potential to disrupt the status quo and create meaningful impact. We are eager to support projects that are not just novel, but are also viable, scalable, and most importantly, beneficial to the Enzyme users and the wider crypto community.

Part 3 : Enzyme Council DAO’s Objectives

At the heart of the Enzyme Grant Programme lies our objectives — a set of criteria which we use to evaluate the merit and potential impact of each proposal.

These objectives guide our decision-making process, helping us identify projects that are most likely to drive growth, add value and enhance the robustness of our asset management infrastructure.

Here are the key objectives that the Enzyme Council DAO will consider:

1. Enabling robust, relevant, market-driven on-chain digital asset management infrastructure for fund managers & allocators: Proposals should ideally contribute to the strengthening or expansion of our existing digital asset management infrastructure. This could involve developing innovative tools for fund managers and allocators, improving the performance or security of our platform, or introducing new features that meet the evolving demands of the market.
2. Growth: Projects should have a clear strategy for attracting new assets to our platform. This could involve strategies which partner Enzyme with new users, improving our platform’s usability or feature set, or developing unique value propositions that differentiate us from other asset management protocols.
3. Long-term sustainability through partnerships, grants, and fee generation: Longevity is crucial in the volatile world of DeFi. Therefore, we value proposals that not only demonstrate a potential for immediate impact but also outline a sustainable business model for the long term. This might involve establishing strategic partnerships or devising a fee structure that provides a steady revenue stream.
4. Value and utility creation for stakeholders: Ultimately, every project we support should aim to create value for all stakeholders in the Enzyme ecosystem. Whether this value comes in the form of improved platform utility, greater returns for investors, or a more vibrant and active community, proposals should clearly demonstrate how they will benefit the broader Enzyme community.

In addition to these main objectives, the Council will be establishing a ‘Market Working Group’. This specialised group will focus on furthering objective 3 — promoting long-term sustainability — and will also be involved in reviewing grant proposals. More details about this group and its role will be provided in the near future.

By aligning with these objectives, potential grantees can significantly increase their chances of receiving support from the Enzyme Grant Programme. We look forward to seeing your innovative ideas and proposals that will help propel Enzyme to new heights in the DeFi landscape.

Part 4: How to Apply

Step 1. Review our objectives, goals and docs to determine how you can add value to the Enzyme ecosystem

Step 2. Begin working on your idea and reach out to the team (grants@enzyme.finance) to temp check any ideas before posting publicly

Step 3. Draft a proposal and share it on the DAO forums as an MFP issue here: https://github.com/enzymefinance/mfp/issues

Step 4. Make sure that your proposal includes the following information: executive summary, background credentials, costs and funding requirements, a clear plan and strategy, how this delivers against our objectives, timelines and next steps

Step 5. Should your proposal be considered of interest, we will invite you to present in an Enzyme Council meeting

Step 6. Take any feedback from this meeting and make adjustments to your proposal accordingly

Step 7. Post your proposal on Snapshot for a final vote, during which time the Council will decide whether or not to proceed: https://snapshot.org/#/enzymefinance.eth

Conclusion

As we venture into this new chapter of our grant programme, we extend our invitation to projects and teams with a vision for transformation. Our grant programme is not merely about funding; it’s about fostering an environment of collaboration and innovation. Together, we can harness the untapped potential of decentralised finance, driving growth, sustainability, and value creation for our community and beyond.

To potential grantees, we look forward to your participation. Your innovative ideas and solutions could hold the key to elevating the Enzyme platform and expanding its utility. We encourage you to approach us with your proposals and join us in our mission to drive the adoption of on-chain asset management.

Thank you for your support and commitment to Enzyme. Together, let’s continue to build the future of finance.

The Enzyme Grant Programme: A Foundation for Advancing DeFi Asset Management was originally published in Enzyme on Medium, where people are continuing the conversation by highlighting and responding to this story.

https://medium.com/enzymefinance/enzyme-integrates-with-1inch-to-enhance-the-defi-trading-experience-dd8917aa99d2?source=rss----738060d65eb9---4

We are thrilled to announce that Enzyme now supports 1inch, an innovative network of protocols that aggregates decentralized exchanges to facilitate the trading of digital assets.

Enzyme users can now leverage the 1inch Aggregation Protocol on both our Ethereum and Polygon deployments to source liquidity and execute trades at the best possible rates.

This integration forms part of a wider strategic decision to enhance Enzyme’s trading capabilities, following the release of an entirely new trading UI in May 2023.

What is 1inch?

1inch sources liquidity from various decentralized exchanges and is capable of splitting a single trade transaction across multiple DEXes to ensure the best rates. Its core component is the 1inch Aggregation Router V5, which performs runtime verification of transaction execution, providing a high level of security for user funds even when interacting with less reliable liquidity sources.

1inch also features Pathfinder, an aggregation information service developed by the 1inch Labs. Within seconds, Pathfinder identifies the best trading paths across multiple markets, factoring in gas costs, and enabling users to save up to 40% on these fees.

Why should you trade with 1inch on Enzyme?

Enzyme, an on-chain asset management system, offers an all-in-one solution for accessing crypto and DeFi. By integrating with the 1inch protocol, Enzyme presents its users with an even more optimised and cost-effective trading experience. When trading with 1inch on Enzyme, users can:

• Secure optimal trade rates by leveraging 1inch’s liquidity sourcing and trade splitting capabilities
• Save significantly on gas fees, thanks to Pathfinder’s efficient trade routing system
• Enjoy full transparency and auditability via Enzyme’s UI
• Seamlessly manage crypto and DeFi assets using Enzyme’s robust suite of risk management and governance tools

How to get started with 1inch on Enzyme

To begin trading with 1inch on Enzyme, follow these steps:

1. Connect your wallet on Enzyme’s platform
2. Navigate to DeFi Protocols, then select 1inch
3. Asset managers can then execute trades based on the available trading pairs

For more detailed information, please visit our documentation here.

Ready to leverage the power of DeFi?

With Enzyme’s v4 Sulu, it’s never been easier for managers to create custom on-chain asset management strategies, access dozens of DeFi d’Apps and trade 250+ digital assets in one simple, trustless, and efficient platform.

At Avantgarde, we help institutional investors, crypto-natives and DAOs get exposure to DeFi investment opportunities.

For business enquiries, please contact: luca@avantgarde.finance

For marketing enquiries, please contact: conor@avantgarde.finance

For support enquiries, please contact: support@avantgarde.finance

Enzyme Integrates with 1inch to Enhance the DeFi Trading Experience was originally published in Enzyme on Medium, where people are continuing the conversation by highlighting and responding to this story.

https://medium.com/enzymefinance/enzyme-now-supports-supplying-to-aave-v3-liquidity-pools-ecaff6e69f7d?source=rss----738060d65eb9---4

Today, Enzyme is thrilled to announce liquidity pool support on Aave V3, the latest version of the widely popular DeFi liquidity platform. Now, users can leverage the enhanced features of Aave V3 liquidity protocol on both our Ethereum and Polygon deployments to earn attractive yields.

What is Aave V3?

Aave V3 is the latest version of the Aave protocol, an innovative, non-custodial liquidity protocol. Users can participate as suppliers, borrowers, or liquidators, earning interest on supplied assets and borrowing in an overcollateralized (or undercollateralized with flash loans) manner. Aave V3 augments the core concepts of its protocol (aTokens, instant liquidity, stable rate borrowing, credit delegation, etc.) with new and exciting risk mitigation and security features.

Some of the key features of Aave V3 include:

• Portal, which allows seamless asset transfer across various V3 deployments on different blockchain networks
• Isolation mode, limiting the risk of new assets used as collateral
• Supply caps, enabling governance to set limits on assets supplied which minimises risk

Why should you supply and borrow assets using Aave V3 on Enzyme?

At Enzyme, we are constantly seeking to expand our universe of DeFi integrations for asset managers. In this update, we are excited to make Aave V3’s market available on both our Ethereum and Polygon deployments.

By using Aave V3 on Enzyme to supply and borrow assets, vault managers can:

• Enjoy a more secure, capital-efficient supplying and borrowing experience to earn attractive yields
• Save ≈25% with gas fees with Aave V3’s optimized protocol design
• Take advantage of full transparency and auditability via Enzyme’s UI
• Run composable DeFi strategies by leveraging Enzyme’s growing list of DeFi integrations

Initially, we will support supplying and borrowing across the following assets on both Mainnet and Polygon.

The tokens that will be available on Mainnet include:

• AAVE
• BAL
• cbETH
• CRV
• DAI
• LINK
• LUSD
• MKR
• rETH
• SNX
• UNI
• USDC
• USDT
• WBTC
• wstETH

The tokens that will be available on Polygon include:

• AAVE
• BAL
• CRV
• DAI
• DPI
• GHST
• LINK
• MATICX
• miMATIC
• stMATIC
• SUSHI
• USDC
• USDT
• WBTC
• wMATIC
• wstETH

How to get started with Aave V3 liquidity on Enzyme

To begin using Aave V3 on Enzyme, follow these steps:

1. Connect your wallet on https://app.enzyme.finance/discover
2. Navigate to DeFi Protocols, then select Aave V3
3. Asset managers can then open positions based on the available collateral options
4. For more detailed information, please visit our documentation here: https://docs.enzyme.finance/managers/trade/defi-protocols/aave-V3

Interested in launching your own vault? 🚀

With Enzyme’s v4 Sulu, it’s never been easier for managers to create custom on-chain asset management strategies and access dozens of DeFi d’Apps, hundreds of assets and Aave V3 in one simple, trustless and efficient platform.

At Avantgarde, we help institutional investors and crypto-natives get exposure to DeFi investment opportunities.

For business enquiries, please contact: luca@avantgarde.finance

For marketing enquiries, please contact: conor@avantgarde.finance

For support enquiries, please contact: support@avantgarde.finance

Enzyme Now Supports Supplying to Aave V3 Liquidity Pools was originally published in Enzyme on Medium, where people are continuing the conversation by highlighting and responding to this story.

https://medium.com/enzymefinance/enzyme-is-thrilled-to-announce-a-new-trading-ui-with-extended-support-for-paraswap-v5-3469ac50617c?source=rss----738060d65eb9---4

Enzyme is very excited to announce the release of an entirely new trading UI, which offers enhanced features and a streamlined design to make your on-chain asset management experience even more seamless.

In addition, we’re also releasing extended support for ParaSwap v5, with functionality for Simple Swap and Mega-Path swaps, as part of a wider strategic decision to enhance Enzyme’s trading capabilities.

An entirely revamped Enzyme trading UI

Our new trading UI embodies our commitment to providing an unparalleled trading experience for our users. We have reimagined the trading process, streamlining operations and enhancing usability while preserving the full functionality and security that our users expect.

Let’s take a look at some of the key updates and features.

• Repositioned Elements: We’ve strategically reorganised elements within the UI for enhanced user experience, facilitating ease of navigation and efficient trade execution.
• Intuitive Token Selection: The revamped modals for token selection provide a seamless, intuitive trading experience.
• Rebranded Transaction Settings: Aligned with industry standards, we’ve rebranded “advanced settings” to simply “settings” and relocated them behind a cog icon in the top right corner, following a template similar to Uniswap.
• Improved Error Handling: By enhancing error handling, we’ve made user interactions smoother and more efficient.
• Streamlined DEX Display: We now present only the best quote from available DEXes to the user, simplifying decision-making while still providing full access to a complete list via a drop-down menu.
• Enhanced Transaction Details: Our improved transaction details modal provides a comprehensive, user-friendly overview of your trading activities.
• Mobile Compatibility: Acknowledging the increasing demand for mobile-friendly platforms, the new interface is entirely mobile compatible, perfect for vault managers who prefer to swap on the go.

Introducing support for ParaSwap v5 Simple Swap and Mega-Path Swaps

In addition to the revamped UI, we’re delighted to announce extended support for ParaSwap v5, integrating Simple Swap and Mega-Path Swaps functionality into our platform.

• Simple Swap: This feature allows for direct token swaps, without using intermediary tokens. For instance, you can swap 50 ETH to MKR directly through one or more DEXes.
• Mega-Path Swaps: Enables the usage of one or multiple intermediary tokens in order to maximise the output of a swap. An example would be 100 ETH → USDT, where the best route could be first, swapping 100 ETH to DAI and then, swapping the corresponding DAI to USDT.

Let’s explore some of the key benefits that these new Swap features unlock.

1. Better rates and liquidity: Paraswap scours all supported liquidity sources for the best rate on a given pair and optimises order execution to maximise value while enhancing liquidity.
2. Secure the best path routing: This unique feature of Paraswap enables the consideration of indirect trading routes and seamless interaction with various decentralized services like Aave or Compound.
3. Save time and gas fees: Save on time and gas fees as ParaSwap finds the best route for you amongst hundreds of liquidity sources and multiple-paths, always taking gas consumption into account.
4. Minimise price impact and slippage: ParaSwap optimises price impact by analysing multiple token swap routes and gas efficiency, ensuring the best quote with maximum user value.

Interested in launching your own vault? 🚀

With Enzyme’s v4 Sulu, it’s never been easier for asset managers to create custom vault strategies and access dozens of DeFi d’Apps, hundreds of assets and native staking in one simple, trustless and efficient platform.

At Avantgarde, we help institutional investors and crypto-natives get exposure to DeFi investment opportunities.

For business enquiries, please contact: luca@avantgarde.finance

For marketing enquiries, please contact: conor@avantgarde.finance

For support enquiries, please contact: support@avantgarde.finance

Enzyme is thrilled to announce a new trading UI, with extended support for ParaSwap v5 was originally published in Enzyme on Medium, where people are continuing the conversation by highlighting and responding to this story.

https://medium.com/enzymefinance/enzyme-is-excited-to-announce-the-addition-of-compound-v3-lending-to-its-defi-operating-system-cb837794cd9?source=rss----738060d65eb9---4

Enzyme is thrilled to announce that Compound v3 lending is now available to all users in our ever-expanding list of DeFi protocols. Compound v3 is the latest version of the widely popular DeFi lending platform, which has over $540m TVL as of April 2023.

With this integration, Enzyme asset managers can now access the streamlined, efficient and secure features of Compound v3 to optimise their DeFi lending strategies.

What is Compound v3?

Compound v3 is the latest version of the Compound protocol, designed to offer a more secure, capital-efficient and user-friendly DeFi lending experience. Compound features a single borrowable asset. When you supply collateral, it remains your property. It can never be withdrawn by other users (except during liquidation). Capital efficiency increases too — collateral is more “useful” when you know which asset is being borrowed ahead of time.

Key features of Compound v3 include:

• A redesigned risk management and liquidation engine to enhance the safety of funds
• Market-wide limits on the size of individual collateral assets to mitigate risk
• Decoupled earn and borrow interest rate models, granting governance full control over economic policy
• Advanced account management tools to enable new user experience patterns and applications built on top of the protocol
• Chainlink as the exclusive price feed, ensuring compatibility with EVM chains beyond Ethereum
• Simplified governance through a single Configurator contract for managing protocol parameters

Why should you use Compound v3 on Enzyme?

The integration of Compound v3 with Enzyme enables asset managers to harness the power of this next-generation DeFi lending platform, benefiting from its advanced features and robust security measures. By using Compound v3 via Enzyme, asset managers can:

• Access a more secure, capital-efficient lending experience
• Save on gas fees due to Compound v3’s streamlined protocol design
• Enjoy full transparency and auditability via Enzyme’s UI
• Run composable DeFi strategies by leveraging Enzyme’s growing list of DeFi integrations

How to get started with Compound v3 on Enzyme

To start using Compound v3 on Enzyme, follow these simple steps:

1. Connect your wallet on https://app.enzyme.finance/discover
2. Navigate to DeFi Protocols, then select Compound v3
3. Asset managers can then open positions based on the available collateral options

For more information, please visit our documentation here: https://docs.enzyme.finance/managers/trade/defi-protocols/compound

Interested in launching your own vault? 🚀

Enzyme’s v4 Sulu makes it easier than ever for asset managers to create custom on-chain strategies and access a wide range of DeFi dApps, 200+ digital assets, and now Compound v3, all within a single, trustless, and efficient platform.

At Avantgarde, we assist various clients, including HNWIs, family offices, crypto funds, DAOs, and institutions, in launching their DeFi strategies on Enzyme. Click here to get in touch, and a member of our team will reach out to you.

For business inquiries, please contact: luca@avantgarde.finance

For marketing inquiries, please contact: conor@avantgarde.finance

Enzyme is excited to announce the addition of Compound v3 lending to its DeFi operating system was originally published in Enzyme on Medium, where people are continuing the conversation by highlighting and responding to this story.

https://medium.com/enzymefinance/enzyme-adds-fiat-to-crypto-onramp-8d738874aff7?source=rss----738060d65eb9---4

We are delighted to announce that Enzyme now offers a robust and highly efficient fiat-to-crypto onramp, powered by Onramper. This new feature allows Enzyme users to buy crypto natively in-app, with support for more than 180 countries and over 95 fiat currencies.

Payment is simple, easy and quick.

Select from either $ETH or $MATIC, insert the amount you want to buy (eg. £100), and choose from popular payment methods such as Credit Card, Apple Pay or Google Pay.

For every transaction, Onramper will automatically check which fiat onramp provider has the lowest fees, allowing Enzyme users to save money and choose their preferred option.

In this blog, we discuss how asset managers can use this new integration to quickly and easily convert fiat to crypto in the Enzyme app.

What is Onramper?

Onramper is a fiat-to-crypto onramp aggregator, which implements all major onramps in a single solution. This allows Enzyme users to get global coverage of supported countries, payment methods, cryptocurrencies and fiat currencies.

• 180+ countries covered
• 95+ fiat currencies supported (USD, GBP, EUR, etc.)
• 2 base cryptocurrencies supported ($ETH and $MATIC)
• 3 of the most popular payment methods (Credit Card, Apple Pay, Google Pay)

How does Onramper work?

Onramper has built intelligent order-routing engines to increase the success-rates of transactions by recommending the on-ramp that is most likely to result in a successful transaction.

Onramper supports many of the leading on-ramp providers, giving users the most cost-efficient means of converting fiat into your desired digital asset. This includes:

• MoonPay
• Wyre
• Xanpool
• Mercuryo
• Indacoin
• Coinify
• UTORG
• Transak
• Itez

As an Enzyme user, the best conversation rate will be automatically selected for you at checkout. However, you can also opt for any alternate provider should you wish. Read more in our docs here.

How can I buy crypto with fiat on Enzyme?

1. Click your wallet in the top menu

2. From the “Manage Connected Wallet” menu, select “Buy crypto”

3. Insert the amount you want to buy (eg. £100)

4. Select the token you’d like to buy (eg. $ETH)

5. Select your preferred payment method (Credit Card, Apple Pay or Google Pay)

6. The “Best Rate” will be automatically selected for you

7. Click “Buy”

After your purchase is complete, the cryptocurrency will be accessible via your wallet (eg. MetaMask). You will then need to either deposit the cryptocurrency and/or buy shares of a vault.

Benefits for Enzyme users

With in-app fiat-to-crypto functionality, Enzyme now makes it much easier to manage a vault or deposit crypto into a vault without leaving the app.

🌎 Buy crypto without leaving the Enzyme app

💸 For every transaction, Onramper checks for the lowest fees

🤝 Simple and easy to use UX

💵 80+ fiat currencies supported

⛓️ $ETH and $MATIC supported

Get started today

At Enzyme, we’re constantly seeking to improve the in-app experience for asset managers. With our new fiat-to-crypto integration, we make managing your favourite digital assets on Enzyme one step easier.

To get started, visit the app today: https://app.enzyme.finance/discover

Enzyme adds fiat-to-crypto onramp! 💵 💸 was originally published in Enzyme on Medium, where people are continuing the conversation by highlighting and responding to this story.

https://medium.com/enzymefinance/enzyme-integrates-with-aura-finance-to-boost-yield-and-governance-power-of-balancer-users-86d58b71e0c6?source=rss----738060d65eb9---4

Today, Enzyme is excited to announce a new integration with Aura Finance. This new integration further expands our DeFi operating system, enabling Enzyme asset managers to boost the yield of their Balancer LP positions and earn additional BAL staking rewards.

What is Aura Finance?

Aura is an autonomous, non-custodial platform built to boost the yield and governance power of Balancer users and beyond. Aura Finance is designed to provide maximum incentives to Balancer liquidity providers and BAL stakers (into veBAL) through social aggregation of BAL deposits and Aura’s native token.

For BAL stakers, Aura provides a seamless onboarding process to veBAL, by creating a tokenized wrapper token called auraBAL that represents the 80/20 BPT locked up for the maximum time in VotingEscrow. This can be staked to receive existing rewards (BAL and bb-a-USD) from Balancer, in addition to a share of any BAL earned by Aura, and additional AURA. This minting process is irreversible however users can trade their auraBAL back to BAL through an incentivised liquidity pool.

For Liquidity providers, Aura abstracts complexity of depositing into the Balancer gauge system, providing a smooth onboarding process to all Balancer gauge deposits. Aura allows depositors to achieve a high boost through the protocol owned veBAL while also accumulating additional AURA rewards.

The AURA token acts as a governance and incentivisation tool within the ecosystem. Locked AURA tokens will have governance rights in the system and will be able to vote using the protocol owned veBAL voting power as well as on internal proposals.

Why should you use Balancer and Aura Finance on Enzyme?

Thanks to our recent integration with Balancer, Enzyme asset managers can now access up to 10 Balancer Pools on Ethereum. This offers exciting opportunities to provide liquidity and generate additional rewards. Within Enzyme, asset managers can easily view a pool’s composition, the total pool value, current APR’s and any associated rewards.

And now, with our addition of Aura Finance, it’s possible to boost yield potential on 6 of these pools by providing liquidity on Balancer and depositing your Balancer Pool Tokens (BPTs) into Aura to earn Balancer trading fees, boosted BAL rewards and AURA.

Enzyme will initially support Aura via the following Balancer pools:

• Balancer 50 WBTC 50 WETH Aura Deposit
• Balancer 50 USDC 50 WETH Aura Deposit
• Balancer 50wstETH-LDO Aura Deposit
• Balancer 80 LDO 20 WETH Aura Deposit
• Balancer stETH Stable Pool Aura Deposit
• Balancer rETH Stable Pool Aura Deposit

How does this integration benefit Enzyme asset managers?

Enzyme’s integration with Aura Finance offers additional benefits to Enzyme asset managers. By providing liquidity on Balancer and depositing Balancer Pool Tokens (BPTs) into Aura Finance, asset managers can earn Balancer trading fees, boosted BAL rewards, and AURA, resulting in an increase in yield potential.

For Liquidity providers, Aura abstracts complexity of depositing into the Balancer gauge system, providing a smooth onboarding process to all Balancer gauge deposits. Aura allows depositors to achieve a high boost through the protocol owned veBAL while also accumulating additional AURA rewards.

With Enzyme’s seamless DeFi operating system, asset managers can manage all of these benefits in one place. Accessing Balancer and Aura Finance via your Enzyme Vault enables you to earn attractive yields, track real-time performance, and interpret transactions in a human-readable way. All of this Vault information is fed by Enzyme’s on-chain data pipelines, opening up a robust, secure and trustless on-chain asset management future.

How to get started

To get started, simply follow the steps below. It should take you less than 5 minutes to complete your first transaction:

1. Connect your wallet on https://app.enzyme.finance/discover

2. Navigate to DeFi Protocols, then select Balancer

3. Managers can then elect to open positions based on the available Pools

4. Once you have opened a Balancer Pool position, you are now ready to boost your rewards

5. Navigate to DeFi protocols, then select Aura

6. Click on the Deposit button of the pool you would like to stake.

7. Enter the balance amount of assets and click on Deposit and Stake. You can either stake your BPT or directly deposit the underlying assets of the Balancer Pool.

8. To learn more, please visit our docs here and here

Interested in launching your own vault? 🚀

With Enzyme’s v4 Sulu, it’s never been easier for asset managers to create custom on-chain strategies and access dozens of DeFi dApps, 200+ digital assets and now Balancer pools in one simple, trustless and efficient platform.

At Avantgarde, we help a range of clients — including HNWIs, family offices, crypto funds, DAOs and institutions — launch their own DeFi strategies on Enzyme. Click here to get in touch and a member of our team will be happy to reach out.

• For business enquiries, please contact: luca@avantgarde.finance
• For marketing enquiries, please contact: conor@avantgarde.finance
• For support enquiries, please contact: support@avantgarde.fiance

Enzyme integrates with Aura Finance to boost yield and governance power of Balancer users was originally published in Enzyme on Medium, where people are continuing the conversation by highlighting and responding to this story.