wedefin Docs
HomedApp
  • Introduction
    • Why Wedefin?
  • HOW TO USE
    • Getting Started
    • Exploring the Index Fund
    • Building your own Portfolio
    • AI Assistant
  • Other Features
    • Decentralization
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  • Infrastructure
  • Actively Managed Index Fund
  • DeFi Interactions
  1. Other Features

Decentralization

Non-custody means you always own and have full control of your crypto assets.

Infrastructure

We believe that DeFi is transformative because it removes intermediaries between individuals and the financial world, empowering people to have constant access to investment opportunities. At WeDeFin, you’ll need a crypto wallet to interact with the platform, as it holds your credentials, which never leave your computer or phone.

Think of it like having a login and password that you’re responsible for storing securely—no one else can do it for you, offering a greater level of security. Additionally, to rebalance your portfolios in our app, we utilize decentralized exchanges, and to generate yield on your positions, we employ lending protocols.

Our platform aggregates DeFi tools that interact with your wallet and other DeFi products, making it easier for you while keeping it decentralized. We never hold your credentials, nor do the DeFi protocols we interact with.

Actively Managed Index Fund

In traditional finance, asset managers make investment decisions on behalf of clients, creating a centralized system. At WeDeFin, we democratize this process by allowing anyone to become an asset manager, providing equal opportunities for all to contribute to the index fund.

The curation process that determines influence over the final asset allocation is managed by a smart contract. This contract evaluates factors such as profits, volatility, holding time, and asset liquidity to assign greater weighting to certain asset managers.

Consequently, anyone can become an asset manager, with the smart contract ranking their performance to shape the index fund. Fees charged to index fund users are distributed among the top 20 asset managers.

DeFi Interactions

With current technology, we could automate everything. However, to maintain decentralization, we do not make any decisions on behalf of the user. Every action requires user approval through wallet confirmations. That said, we have optimized the user experience by minimizing the number of confirmations needed, ensuring a balance between security, control, and ease of use.

PreviousAI Assistant

Last updated 3 months ago