General FAQ

What is Decentralized Finance or DeFi ?

DeFi stands for “decentralized finance” and refers to the ecosystem of financial services where centralized entities, such as banks or insurance companies, have been replaced by algorithms executed on a Blockchain (smart contracts).

What is a Decentralized Exchange or DEX ?

A decentralized exchange is a marketplace where users can exchange tokens directly from their wallet without giving custody to a centralized platform. DEXs are fully autonomous using an Automatic Market Maker (AMM) to determine swap prices and Liquidity Pools (LP) to execute token exchange.

How does Liquidity Provision work?

Providing liquidity involves depositing tokens in DEX Liquidity Pools to earn part of the transaction fees and other liquidity rewards. In exchange for their deposits, Liquidity Providers receive LP Tokens that represent their share in the Liquidity Pool. To withdraw his/her funds, a Liquidity Provider sends his LP Tokens back to the DEX.

Why Securd ?

Most crypto holders don’t put their assets at work because they lack a simple and safe solution such as a decentralized Savings Account. Securd has been built to provide passive income to crypto holders while protecting their capital with stable collateral. For Liquidity Providers, Securd allows to maximize capital efficiency by using borrowed funds to leverage their position and multiply their APY.

How do I use Securd ?

As a User, you can participate in Securd in 2 different ways:
  • Depositor: put your token in your Securd Savings Account and earn passive income
  • Borrower: lock your LP tokens and leverage your liquidity position to get higher APY

On what chain Securd is developed ?

Securd is deployed on Tezos and will be soon available on other blockchains.