From onboarding to the investment decision

How it works

Onboarding is assisted. There is no automatic sign-up.

1. A conversation with a specialist

   You send a request and the team establishes whether there is a fit.

2. Verification and contract

   You submit documentation for KYC/AML review and the contract is signed.

3. Activation

   Receipt of capital is confirmed and access to the account is enabled.

4. Monitoring and withdrawals

   You follow the state of the account; withdrawals are requested and remain subject to approval.

Timelines depend on the verification of each request. Our processes in the app are manual because of the interaction with third parties: we are working to introduce semi-automatic processes in the near future, in line with our roadmap.

One step ahead

The Trezora investment management framework

Our experience in the blockchain industry and our own software development are the ground we analyse every investment opportunity from. This is the path an idea travels before it becomes a position.

The six steps

1. Identify

   The technical specialist team identifies protocols and investment opportunities that fit the investment thesis of our products.

2. Review

   The finance and technology departments review each market opportunity before it moves to the next stage.

3. Detailed analysis

   A detailed review of the technology, the security, the tokenomics, the economics of each protocol and its stability.

4. Investment committee

   A discussion of the investment thesis focused on scenario analysis, downside protection and risk mitigation.

5. Sizing

   Qualitative and quantitative approaches set the size of each allocation, and the position is adjusted on an ongoing basis.

6. Active management

   We monitor the positions from a quantitative, macro, fundamental and risk perspective, and adjust them where needed. That includes the ability to freeze operations.

Where the yield comes from

• Liquidity Provision

  Providing liquidity to decentralised protocols previously analysed by our specialist team.

• Yield Farming

  Providing liquidity directly in decentralised protocols, building LP positions that fit the strategy, with measures to mitigate the effects of impermanent loss.

• Liquid Staking

  Liquid staking derivative (LSD) protocols allow yield to be earned for taking part in protocols previously audited by our team, while keeping the flexibility to use the tokens while the stake is open.

• Crypto Trading

  Delta neutral and hedging strategies to manage pool exposure and reduce the potential impact of impermanent loss. On specific occasions, and under risk-management criteria, moderate leverage may be used to take advantage of certain market conditions.

• Lending

  Lending assets through smart contracts on blockchain, without a central authority in between and with the terms written into the contract itself.

And what those strategies expose

• Protocol risk

  A decentralised protocol can become insolvent or be attacked — through a scam, a flaw in its smart contracts or a flaw in its own logic — and the funds deposited in it may not be recoverable.

• Market and peg risk

  The value of the underlying assets fluctuates, and a stablecoin can lose its peg to the reference currency if it is not managed properly.

• Impermanent loss

  Providing liquidity to a pool carries exposure to the price divergence between the assets of the pair while the position is open.

• Leverage

  Moderate leverage, when used, amplifies both the outcome and the loss, and adds the risk of the position being liquidated.

• Keys and access

  Private keys, deposit addresses and access credentials are all attack targets: compromising any of the three compromises the funds.

• Regulatory risk

  Digital-asset regulation is still developing and can change the conditions under which any part of this activity operates.

This method describes how it is decided where liquidity is deployed, not what is obtained. There is no capital guarantee and no promised outcome: the value of onchain positions fluctuates and can fall. Read the full risk notice