Skip to main content

Dyson

Bringing steady growth to your portfolio​

The following section of the documentation covers the Sphere ecosystem, exclusively pertaining to its utility to $SPHERE as a token. To dive deeper into Dyson, click here.

Dyson-graphic

Dyson is a decentralized multichain yield maximizer and ALM (Automated Liquidity Manager). Dyson maximizes yield through carefully crafted strategies managed on-chain, making perpetual yield farming accessible to the average user.

The connection between Dyson and Sphere is the Sphere Earnings Pool.

ylSPHERE

The Sphere Earnings Pool is a single-sided Dyson vault in which holders of Sphere’s governance token, $SPHERE, can lock their tokens in order to start earning real yield on their tokens. This real yield distributed to $ylSPHERE lockers is earned from the performance fees generated by the Sphere ecosystem.

The pool's yield is currently exclusively distributed in $wPOL. Due to its real yield, the returns are variable.

How frequent are rewards?​

Rewards are distributed on a 7-day cycle. At the end of each cycle, the vault will temporarily stop distributing rewards until it is refilled. At that time, the multisig team will promptly refill the vault and initiate a new 7-day cycle. Due to the current vault structure, it cannot be pre-filled, but this process will be enhanced with an upcoming tokenomics upgrade to improve the overall flow and increase decentralization.