FAQ
fija's Frequently Asked Questions
What does fija do?
fija is transforming how people earn yield on their crypto assets with a compliant, transparent, and easy-to-use “Crypto Earn” product.
Does fija have access to your deposit?
No, fija does not have access to the deposit. Hence it poses no counterparty risk.
Who designs the strategies?
fija strategies are designed by "strategists" (professional investors or crypto hedge funds). A strategist develops a strategy and describes it in detail. fija evaluates the quality of the strategy and makes the final decision which strategies will be implemented and made available.
Are fija smart contracts audited?
Yes, all the fija smart contract are audited by auditors based in the EU before going live. They continue to be regularly checked by external auditors.
Who can use Earn Strategies?
Earn Strategies can be used by Crypto Platforms, Exchanges, Crypto Funds, Investment Brokers, Institutional Investors and Custodians.
What is the fija Safety Score?
fija’s safety scoring system assesses the security of blockchain networks and protocols used in our investment strategies. You can select a strategy aligned with your risk appetite.
What challenge does fija address?
With 88% of cryptocurrency owners wanting returns but only 4% achieving them, a €160bn market remains unserved. We see this disparity as a major opportunity and aim to bridge it with our innovative solutions.
What value do we create for users?
Our solution offers higher returns through DeFi strategies, simplifies access to the DeFi ecosystem, and ensures users maintain full control over their assets.
What are DeFi Yield Strategies?
DeFi yield strategies involve earning fees by providing liquidity to decentralized finance applications without engaging in active trading.
Who can benefit from using fija's white-label solution?
Crypto platforms, custodians, exchanges, institutional investors, brokers, and funds seeking higher yields and a trusted, compliant DeFi partner can greatly benefit from our solution.
How does fija eliminate counter-party risks?
fija eliminates counterparty risks by ensuring that funds are in a smart contract, withdrawable only by customers via a compliant security token. On-chain analytics identify and mitigate AML risks. Regulatory compliance ensures security and compliance, and only whitelisted addresses can access smart contracts after KYC procedures.
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