# Introduction The Solana Yield Layer ### What is Lince Yields? **Lince is the Solana Yield Layer that lets you hunt yields your own way.** Track every opportunity across DeFi. Deposit into automated vaults. Structure your risk exactly how you want it. Spend your Yields the way you want. ### Where do you want to start?

	Cover image
Yield Tracker ^{Find the Best Yields across Solana DeFi}	Card (1).png	Yield Tracker
Strategies ^{Diversified Strategies Tailored to your risk profile}	Minimalist Website Launch Computer Mockup Instagram Post 2 (2).png	Strategies
Structured Risk ^{Every yield split in two. Choose your side of the yield}	Frame 1321318768.png	Structured Risk
Spend ^{Spend your stablecoins} ^{like cash}	Frame 1321318763 (3).png	Spend
Smart Vaults ^{Coming soon}	lottieOpeningConcept.png
Portfolio ^{Coming soon}	lottieOpeningConcept.png

### Start using Lince {% embed url="" fullWidth="false" %} # Yield Tracker Track Real Time APY of every Solana Vault. **Lince Yield Tracker is a real-time explorer for yield opportunities across Solana DeFi.** It shows APY and TVL data for 200+ vaults. Neutral, unbiased, and updated continuously.

### What you will find Each vault in the Tracker shows: • APY — Current annualized yield and historic data\ • TVL — Current Total value locked in the protocol/vault and historic data\ • Category — The yield categories where the vault fits\ • Underlying Asset — The underlying token you are getting exposure to {% hint style="info" %} Find out more about our methodology to list protocols and vaults\ [Methodology](https://yields.lince.finance/tracker/methodology) {% endhint %} ### How to use it Browse by asset, category, protocol, or just explore and find your best fit. Use it to: • Research opportunities before depositing\ • Compare yield across lending, liquidity, staking, etc\ • Monitor how rates change over time ### Start Tracking Yields {% embed url="" %} # Strategies Risk-profiled DeFi Strategies built for optimal returns. Lince offers nine automated investment strategies **designed for your desired exposure to risk and market volatility**. We use **different investment methods on each strategy** to help you earn as much as possible while securing your funds.

### Why Lince Strategies? * **High returns**: Earn 5-40% APY (depends on your strategy) passively. * **Completely Automated**: Lince will handle the analysis and rebalancing of the investment strategy without hassles for you. * **Security First**: We’ve built a robust, audited, and transparent solution that invests your assets efficiently and diversifies them across trusted crypto protocols. * **Tailored to you**: Strategies tailored to your risk profile: from conservative to aggressive. * **Easy to use**: With just a few clicks and you start hunting yields. Our focus is to help you grow your portfolio passively through DeFi, **always prioritizing the security of your funds and your peace of mind**. ### Strategies Information Select a strategy and learn how funds are invested in it.


Sentinel ^{Low Risk, Low Exposure}	SENTINEL 1.png	Sentinel
Guardian ^{Mid Risk, Low Exposure}	GUARDIAN 1.png	Guardian
Vault Breaker ^{High Risk, Low Exposure}	Vault Breaker 1 (1).png	Vault Breaker
Explorer ^{Low Risk, Mixed Exposure}	Explorer.png	Explorer
Balancer ^{Mid Risk, Mixed Exposure}	Balancer.png	Balancer
Predator ^{High Risk, Mixed Exposure}	PREDATOR.png	Predator
Pathfinder ^{Low Risk, High Exposure}	PATHFINDER 1.png	Pathfinder
Challenger ^{Mid Risk, High Exposure}	Challenger 1.png	Challenger
Apex Predator ^{High Risk, High Exposure}	APEX 2.png	Apex Predator

Market Exposure ↓ / Risk →	Low Risk	Mid Risk	High Risk
No exposure	Sentinel	Guardian	Vault Breaker
Mixed	Explorer	Balancer	Predator
Full exposure	Pathfinder	Challenger	Apex Predator

### Where are funds invested? Lince invests funds under management **across multiple protocols** on the Solana blockchain using various investment methods. Our algorithm **measures the yields and risks of each protocol and diversifies the funds across them to help you earn the most**, always under the criteria of the strategy you selected. All funds from users with the same strategy profile are managed collectively. Next, you can **see the different investment methods and the protocols in which they are executed**. {% tabs %} {% tab title="Lending" %} **We lend funds to other DeFi users, who pay us yields based on borrowing demand. Borrowers deposit collateral, so there's no risk.** Protocols used for Lending:\ Kamino, Marginfi, Carrot, Drift, Save, Defituna and Jupiter. {% endtab %} {% tab title="Liquidity" %} **Decentralized Exchanges require Liquidity Providers to support traders. These protocols have a trading fee, which is paid to liquidity providers, like us.** Protocols used for Liquidity:\ Raydium, Orca, Meteora, Jupiter Perps, Kamino, Drift, Flash Trade, Rate X, Exponent, Stabble and Huma. {% endtab %} {% tab title="Staking" %} **Several cryptocurrencies can be deposited to get a yield in return. For example, we can stake SOL (Solana) to contribute to Blockchain Security and be rewarded with more SOL.** Protocols used for Staking:\ Jito, Marinade, Sanctum, Jupiter, Fragmetric and Adastrea. {% endtab %} {% tab title="Arbitrage" %} **Arbitrage seeks to profit from price differences across different DeFi platforms.**\ We automatically detect when the same asset (e.g., USDC) trades at different prices on various decentralized exchanges and execute trades to capture that spread. Protocols used for Arbitrage:\ Elemental, Neutral Trade, Vectis, Gauntlet and Synatra. {% endtab %} {% tab title="Loops" %} **On Loops, we use yielding funds as collateral to borrow and reinvest more in them, multiplying the yield.** Protocols used for Loops:\ Kamino, Marginfi, Drift, Neutral Trade, Loopscale and Adastrea. {% endtab %} {% tab title="Hedge" %} **On Hedge, we use advanced investment methods, such as derivatives, to control and obtain the desired exposure to certain assets.** Protocols used for Hedge:\ Drift, Perena, Neutral Trade, Gauntlet, Vectis, Synatra and Elemental {% endtab %} {% endtabs %} For example, for Sentinel (Low Risk, No exposure), your funds might be allocated to a stablecoin-based yield strategy with 70% allocated to lending and 30% to liquidity across six protocols. ### Fees Lince takes a 1% annual management fee and a 0.1% redemption fee. ### Deposit on Lince Strategies {% embed url="" %} # Sentinel Low Risk - No Exposure Strategy. Sentinel Strategy **prioritizes Capital preservation**. It operates with **stablecoins** without market exposure and deposits them into the **most secure and stable protocols**. Its goal is to **maximize passive yield while preserving principal**. **Typical Composition Example:** * 25% USDC → Lending in Carrot * 25% USDC → Liquidity in Maple * 25% USDC → Liquidity in Huma * 7% USDC → Liquidity in Ondo * 11% USDT → Liquidity in Ethena * 7% USDC → Liquidity in Solayer **Estimated APY** → 5-8% > The allocation and APY may adjust slightly depending on market conditions and yields. **Is Sentinel for me?** It is ideal for you if you are looking for security and steady growth without market exposure. **Sentinel Frequently Asked Questions**

Is this strategy exposed to crypto market crashes?

No. Sentinel avoids volatile tokens and does not track the price of crypto assets.

Can I withdraw at any time?

Yes, funds are deposited in liquid protocols and can be withdrawn 24/7.

What happens if a stablecoin loses its peg?

We monitor pegs and diversify across multiple stablecoins to mitigate risk.

Find more information in the [Sentinel Strategy Page](https://yields.lince.finance/strategies/sentinel).

# Explorer Low Risk - Mixed Exposure Strategy. Explorer aims to generate **moderate and consistent returns by combining stablecoin-based strategies with selective exposure to major crypto assets** like BTC and ETH. It offers a balanced approach for users seeking stability with a touch of growth potential. Its goal is to **gain exposure to blue-chip cryptocurrencies while maintaining a conservative strategy.** **Typical Composition Example:** * 5% USDC → Lending in Carrot * 15% USDC → Liquidity in Maple & Huma * 21.95% USDC → Liquidity in Flash Trade, Adrena & Jupiter Perps * 9.925% BTC → Liquidity in Flash Trade, Adrena & Jupiter Perps * 34.575% SOL → Liquidity in Flash Trade, Adrena & Jupiter Perps * 3.55% ETH → Liquidity in Flash Trade & Jupiter Perps * 10% SOL → Staking in Solayer, Sanctum & Jito **Estimated APY** → 7-18% > The allocation may adjust slightly depending on market conditions and yields. **Is Explorer for me?** It is ideal for users with a **conservative risk profile** who want to **go beyond stablecoins** and gain limited exposure to **high-cap cryptocurrencies**, **without assuming the full volatility** of the crypto market. **Explorer Frequently Asked Questions**

Is this strategy exposed to crypto market crashes?

Partially. Explorer includes exposure to ETH and BTC, so in the event of a major market downturn, the portfolio may experience some volatility, but it's limited compared to full-market strategies.

Can I withdraw at any time?

Yes, funds are deposited in liquid protocols and can be withdrawn 24/7.

What happens if a stablecoin loses its peg?

We monitor pegs and diversify across multiple stablecoins to mitigate risk.

Find more information in the [Explorer Strategy Page](https://yields.lince.finance/strategies/explorer).

# Pathfinder Low Risk - High Exposure Strategy. Pathfinder Strategy is designed to **generate long-term capital growth by allocating funds entirely to high-cap crypto assets such as BTC and ETH**. It prioritizes growth over stability, while still relying on low-risk yield investments. Its goal is to **maximize growth by going long on the crypto market**. **Typical Composition Example:** * 22% USDC → Liquidity in Flash Trade, Adrena & Jupiter Perps * 10.25% BTC → Liquidity in Flash Trade, Adrena & Jupiter Perps * 34.75% SOL → Liquidity in Flash Trade, Adrena & Jupiter Perps * 3% ETH → Liquidity in Flash Trade & Jupiter Perps * 30% SOL → Staking in Solayer, Sanctum & Jito **Estimated APY** → 8-18% > The allocation and APY may adjust slightly depending on market conditions and yields. **Is Pathfinder for me?** It is ideal for you if you have a **conservative risk profile and believe in crypto's long-term potential** while earning extra yields with your position. **Pathfinder Frequently Asked Questions**

Is my money safe during crypto market crashes?

During major downturns, the portfolio can decrease in value. However, the strategy is focused only on top-tier assets, which tend to recover more reliably over time.

Can I withdraw at any time?

Yes, funds are deposited in liquid protocols and can be withdrawn 24/7.

Can I switch to a less volatile strategy later?

Yes, you can rotate into strategies with less volatility-exposed strategy whenever you want.

Find more information in the [Pathfinder Strategy Page](https://yields.lince.finance/strategies/pathfinder).

# Guardian Medium Risk - No Exposure Strategy. Guardian Strategy is designed to **deliver stable, passive returns using only non-volatile assets**. It prioritizes capital preservation while delivering really attractive returns. Its goal is to **maximize passive yield while preserving capital**. **Typical Composition Example:** * 25% USDC → Lending in Carrot * 25% USDC → Liquidity in Maple * 30% USDC → Liquidity in Huma * 5% USDC → Liquidity in Ondo * 5% USDT → Liquidity in Ethena * 10% USDC → Liquidity in Solayer **Estimated APY** → 6-11% > The allocation and APY may adjust slightly depending on market conditions and yields. **Is Guardian for me?** It is ideal for you if you are looking for steady growth while preserving capital with-no market exposure. **Guardian Frequently Asked Questions**

Is this strategy exposed to crypto market crashes?

No. Guardian avoids volatile tokens and does not track the price of crypto assets.

Can I withdraw at any time?

Yes, funds are deposited in liquid protocols and can be withdrawn 24/7.

What happens if a stablecoin loses its peg?

We monitor pegs and diversify across multiple stablecoins to mitigate risk.

Find more information in the [Guardian Strategy Page](https://yields.lince.finance/strategies/guardian).

# Balancer Medium Risk - Mixed Exposure Strategy. Balancer Strategy aims to provide a **balanced mix of growth and stability** by combining stablecoins with moderate exposure to major crypto assets. It’s designed to **benefit from market upside** while maintaining **solid growth with capital protection**. Its goal is to **gain some exposure to blue-chip cryptocurrencies while earning attractive returns** **Typical Composition Example:** * 5% USDC → Lending in Carrot * 10% USDC → Liquidity in Maple & Huma * 24.3% USDC → Liquidity in Flash Trade, Adrena & Jupiter Perps * 11.4% BTC → Liquidity in Flash Trade, Adrena & Jupiter Perps * 36.1% SOL → Liquidity in Flash Trade, Adrena & Jupiter Perps * 3.3% ETH → Liquidity in Flash Trade & Jupiter Perps * 10% SOL → Staking in Solayer, Sanctum & Jito **Estimated APY** → 9-19% > The allocation may adjust slightly depending on market conditions and yields. **Is Balancer for me?** It is ideal for users with a **conservative risk profile** who want to **go beyond stablecoins** and gain limited exposure to **high-cap cryptocurrencies**, **without assuming the full volatility** of the crypto market. **Balancer Frequently Asked Questions**

Is this strategy exposed to crypto market crashes?

Partially. Balancer includes exposure to assets like BTC or SOL, so in the event of a major market downturn, the portfolio may experience some volatility, but it's limited compared to full-market strategies.

Can I withdraw at any time?

Yes, funds are deposited in liquid protocols and can be withdrawn 24/7.

What happens if a stablecoin loses its peg?

We monitor pegs and diversify across multiple stablecoins to mitigate risk.

Find more information in the [Balancer Strategy Page](https://yields.lince.finance/strategies/balancer).

# Challenger Medium Risk - High Exposure Strategy. Challenger Strategy is built for users **who seek higher returns by taking on full exposure to crypto markets**, while staying within a structured, **risk-managed strategy**. Its goal is to **go long on crypto** while generating **high yields on the diversified holding assets**. **Typical Composition Example:** * 20.8% USDC → Liquidity in Flash Trade, Adrena & Jupiter Perps * 10% BTC → Liquidity in Flash Trade, Adrena & Jupiter Perps * 37.1% SOL → Liquidity in Flash Trade, Adrena & Jupiter Perps * 2.2% ETH → Liquidity in Flash Trade & Jupiter Perps * 30% SOL → Staking in Solayer, Fragmetric, Sanctum & Jito **Estimated APY** → 10-20% > The allocation and APY may adjust slightly depending on market conditions and yields. **Is Challenger for me?** It is ideal for you if you have a **medium-to-high risk tolerance** and want to **benefit from crypto market growth**, while still **relying on automated yields and smart risk controls**. **Challenger Frequently Asked Questions**

Is my money safe during crypto market crashes?

During major downturns, the portfolio can decrease in value. However, the strategy is focused only on top-tier assets, which tend to recover more reliably over time.

Can I withdraw at any time?

Yes, funds are deposited in liquid protocols and can be withdrawn 24/7.

Can I switch to a less volatile strategy later?

Yes, you can rotate into strategies with less volatility-exposed strategy whenever you want.

Find more information in the [Challenger Strategy Page](https://yields.lince.finance/strategies/challenger).

# Vault Breaker High Risk - No Exposure Strategy. Vault Breaker Strategy is **designed to maximize stable yields through advanced investment strategies**. It uses loops and hedging techniques to amplify returns while remaining market-neutral. Its goal is to **maximize yields while not betting on any market direction**. **Typical Composition Example:** * 30% USDC → Lending in Carrot * 30% USDC → Liquidity in Maple * 30% USDC → Liquidity in Huma * 2% USDC → Liquidity in Ondo * 3% USDT → Liquidity in Ethena * 5% USDC → Liquidity in Solayer **Estimated APY** → 9-18% > The allocation and APY may adjust slightly depending on market conditions and yields. **Is Vault Breaker for me?** It is ideal for you if you are looking for maximum growth while preserving no market exposure. **Vault Breaker Frequently Asked Questions**

Is this strategy exposed to crypto market crashes?

No. Vault Breaker avoids volatile tokens and does not track the price of crypto assets.

Can I withdraw at any time?

Yes, funds are deposited in liquid protocols and can be withdrawn 24/7.

What happens if a stablecoin loses its peg?

We monitor pegs and diversify across multiple stablecoins to mitigate risk.

Find more information in the [Vault Breaker Strategy Page](https://yields.lince.finance/strategies/vault-breaker).

# Predator High Risk - Mixed Exposure Strategy. Predator Strategy aggressively seeks yield through advanced DeFi strategies, **combining market-neutral with market-exposed assets and investments**. Its goal is to **maximize the yield** while **holding exposure to blue-chip cryptos.** **Typical Composition Example:** * 2.5% USDC → Lending in Carrot * 7.5% USDC → Liquidity in Maple & Huma * 25.1% USDC → Liquidity in Flash Trade, Adrena & Jupiter Perps * 12.1% BTC → Liquidity in Flash Trade, Adrena & Jupiter Perps * 45.4% SOL → Liquidity in Flash Trade, Adrena & Jupiter Perps * 2.5% ETH → Liquidity in Flash Trade & Jupiter Perps * 5% SOL → Staking in Solayer, Fragmetric, Sanctum & Jito **Estimated APY** → 13-27% > The allocation may adjust slightly depending on market conditions and yields. **Is Predator for me?** It is ideal for users who **want higher returns** and are **comfortable with greater complexity** and mixed market exposure. **Predator Frequently Asked Questions**

Is this strategy exposed to crypto market crashes?

Partially. Predator includes exposure to assets like BTC or SOL, so in the event of a major market downturn, the portfolio may experience some volatility, but it's limited compared to full-market strategies.

Can I withdraw at any time?

Yes, funds are deposited in liquid protocols and can be withdrawn 24/7.

What happens if a stablecoin loses its peg?

We monitor pegs and diversify across multiple stablecoins to mitigate risk.

Find more information in the [Predator Strategy Page](https://yields.lince.finance/strategies/predator).

# Apex Predator High Risk - High Exposure Strategy. Apex Predator Strategy **maximizes upside through aggressive exposure to high-yield protocols**. Designed to seek growth over stability. Its goal is to **go long on crypto** while seeking the **highest yields possible**. **Typical Composition Example:** * 20.2% USDC → Liquidity in Flash Trade, Adrena & Jupiter Perps * 9.8% BTC → Liquidity in Flash Trade, Adrena & Jupiter Perps * 38.2% SOL → Liquidity in Flash Trade, Adrena & Jupiter Perps * 1.8% ETH → Liquidity in Flash Trade & Jupiter Perps * 30% SOL → Staking in Solayer, Fragmetric, Sanctum & Jito **Estimated APY** → 15-30% > The allocation and APY may adjust slightly depending on market conditions and yields. **Is Apex Predator for me?** It is ideal for you if you have a **high risk tolerance** and want to **benefit from crypto market growth and squeeze its yields**. **Apex Predator Frequently Asked Questions**

Is my money safe during crypto market crashes?

During major downturns, the portfolio can decrease in value. However, the strategy is focused only on top-tier assets, which tend to recover more reliably over time.

Can I withdraw at any time?

Yes, funds are deposited in liquid protocols and can be withdrawn 24/7.

Can I switch to a less volatile strategy later?

Yes, you can rotate into strategies with less volatility-exposed strategy whenever you want.

Find more information in the [Apex Predator Strategy Page](https://yields.lince.finance/strategies/apex-predator).

# Structured Risk Split the Risk. Structure the Yield. Structured Risk takes yield from any underlying asset and splits it into two tranches with different risk-return profiles. Shielded or Amplified. **You choose which side suits you**. * If you want protection against a potential drawdown, you can **shield your APY.** * If you have conviction on the position, you can **amplify your APY.**

### Shielded Shielded is the senior tranche of the yield. It prioritizes capital protection in the event of losses, earning a lower but more stable return. The mechanic is simple. You deposit a Yield Bearing Asset (YBA), like ONyc, and receive the shielded version of it: shONyc. The shielded token accrues value as the underlying asset does. Generating yields for you. A cut of these yields is paid to Amplified (junior tranche) for their protection, with losses absorbed first. {% hint style="info" %} The Coverage of Shielded varies based on the asset and market demand. Each vault has a coverage target, and APY adjusts automatically to attract the right balance of Shielded and Amplified deposits. {% endhint %} ### Amplified Amplified is the junior tranche of the yield. It earns a higher yield, but absorbs any losses first. The mechanic is simple. You deposit a Yield Bearing Asset (YBA), like ONyc, and receive the amplified version of it: amONyc. The amplified token accrues value as the underlying asset does. Generating yields for you. A cut of shielded yields is paid to you for protection, thereby amplifying your returns. {% hint style="info" %} Amplified absorbs losses first in a drawdown event. The higher yield comes with more risk. {% endhint %} ### How yields are determined Neither tranche has a fixed rate. Both adjust dynamically based on two factors: 1. Coverage ratio — each vault has a target coverage, needing a balance between Amplified and Shielded TVL. Shielded has a cap on deposits based on this coverage and Amplified TVL. 2. Supply and demand — when one tranche is undersupplied, its yield rises to attract more capital. The protocol self-balances without manual intervention.

Example:

ONyc generating 10% APY, 100% coverage (equal TVL on both sides) | | Shielded | Amplified | | --------------- | -------- | ---------------- | | APY | \~7% | \~13% (uncapped) | | Performance fee | None | 0.5% of spread | | Net APY | \~7% | \~12.5% | If Amplified TVL doubles (200% coverage): • Shielded cap rises → more attractive for conservative depositors\ • Amplified yield per unit dilutes → market rebalances naturally | Text | Shielded | Amplified | | --------------- | -------- | ---------------- | | APY | \~8% | \~12% (uncapped) | | Performance fee | None | 0.5% of spread | | Net APY | \~8% | \~11.5% |

### Fees Lince takes 0.1% redemption fee on the amplified tranche (1% to make it instant) and a 0.5% performance fee of the amplified spread. ### Technical details Each YBA has a unique vault with 2 PDAs, one for amplified and another for shielded.\ When the user deposits, he chooses shielded or amplified and the YBA goes to the chosen tranche PDA. The program mints a Token representing the user position within the vault. As the deposited YBA grows in value, the token minted to the user accrues value, delivering the yield. Shielded pays a protection fee on this yield by transferring a portion of the YBA from the shielded PDA to the amplified PDA. In case of loss, the program transfers YBA from the amplified PDA to the shielded PDA to ensure the shielded PDA is not affected. There is a maximum drawdown on each vault, which depends on the coverage ratio. Coverage ratio and APYs vary with the shielded/amplified deposits, always looking to meet the target ratio, which is set by the team, based on the vault YBA expected risk.

# Spend Spend your stablecoin like cash. Spend lets you use your Lince balance in the real world. No manual withdrawals, no off-ramp friction. Your yield is ready to spend the moment you earn it. Spend has two modes:

	Cover image
Direct Stables ^{Pay directly from your wallet.} ^{No card, no KYC, no friction.}	Frame 1321318546.png	Direct Stables
Credit Card ^{Coming soon}	Frame 1321318763 (3).png	Credit Card

### Start spending your way {% embed url="" %} # Direct Stables Pay directly from your wallet. No card, no KYC, no friction. Spend directly with stablecoins from your wallets unlocks the spending privacy you need. No KYC, no intermediaries, no cards, just your stablecoins spent like cash. As of now, we only support Amazon purchases. More marketplaces and product categories are coming soon.

### Shop Amazon with your yield Find any product on Amazon, paste the link, and pay with USDC directly from your wallet. No KYC, fully compliant. The product ships straight to your door. If you prefer a seamless experience, you can use our browser extension to checkout within amazon website. ### How it works Spend is powered by [SP3ND.shop](http://SP3ND.shop). Providing a non-custodial purchasing service that never holds or stores funds, just acts as a buyer on your behalf. Everything falls within U.S. legal limits for fulfillment & concierge platforms Then the rest is simple: 1. **Paste the product link** Grab any URL from Amazon. 2. **Connect your wallet & pay for your cart** Pay with SOL or USDC on Solana. Our fee is auto-calculated. 3. **We shop for you** We purchase the item directly on your behalf and get it shipped. ### Fees Lince takes 2-5% of the total amount of your purchase. # Credit Card Yields in. Cash out. Coming soon. # Official Addresses These are the official addresses within Lince **Lince Program** This is the Lince Smart Contract that manages all accounts and funds within Lince Strategies. Find Audit information [here](https://docs.lince.finance/audits). > LnceiBjUxxjGbhFpKz3SoGo9ntPYwm1DC3wkEQhav9j View on [Solscan](https://solscan.io/account/LnceiBjUxxjGbhFpKz3SoGo9ntPYwm1DC3wkEQhav9j) **Lince Strategy Share Tokens** Lince Strategy Share Tokens are minted in your Lince address associated with your account, which we generate when you deposit. They represent the share of the funds you have on a strategy. It's value grows as Strategy Pool does. > Sentinel > > LSSmSoW1PB2iuVApz9xe6bSYJjr9g7nfrJMTyfgYqN7 > Explorer > > LSSajcnbosAEY3ZockPTm2ir72HpT75iRuSrhDDtRCS > Pathfinder > > LSSMug6pYzBEEfFrFvaxKWBTDN7VoCG6dqJhifk2Mm9 > Guardian > > LSS8vwiPU1C9gCj7ZoqyddsJXjPh4KVf9JdNDQ6KjCf > Balancer > > LSSLVDqqSGaGsn5puCk3Q7gJw7oGUxcQP9LLZMpxbh5 > Challenger > > LSSPBZPEbhPT6e37bsMRJoKNtJPdZUxHFDfQcFgn2KX > Vault Breaker > > LSSA3qUt5ih3w2ogGummp6w1NLHEGaxfbTnjCVLYVoW > Predator > > LSS8qBzgRCFxgykgLAdvwm45NNba9kgTxE7UpRExnYt > Apex Predator > > LSSqEnzBjv6fRYLZXd83eg14MsRy6Sks2DoTXMynfJs **Strategies Pools** Strategies Pools are the accounts where funds are deposited for each strategy. They are accounts controlled by the Smart Contract and are used to move funds of all users within the same strategy together, saving fees and optimizing the fund management. > Sentinel > > 8BmHyCV4pCyJ41bnsjvqFQZNfsR1uXt7kqbqMSvpn3Xf > Explorer > > 2HdNJjSK1DnZB6enudq7SU61DrJ7p4ADN9jWtmzp12mb > Pathfinder > > 2kSoE9YKoG63vCqUB9JHne6PSrY6E5qqJA3aNyb4CxqT > Guardian > > 2ZczvoBNChUJj8mYhTnBZQFk3j2VZUmiF1jpULDuNNZR > Balancer > > FqWo3aybaK2qFAc24ur9fbELLpStYo52KKE1EtzTTNN2 > Challenger > > C4tdWdWXvX4JwzaCTGNyn9Scds4ZEQBbrZ7bGX4QpqUc > Vault Breaker > > EM3M7FJykRJybHkBbE2crTjUjfp4nyE6RD6KAaQBX6F6 > Predator > > GBT5zZ6h9Byu6cjAJch4SZymSZcDQtVhVyhzuZ9nAApj > Apex Predator > > qEUnYy1UWA6gzLoTKrUjkPSzjQbCCewSqQ2CxM6za4J Liquid Withdrawals Reserve > 9b6gmhy6niPWFNBqAXCirieBZ6ECfLxTCJJhomQfssSm # Audits Third-party Audits to ensure your funds Security. Lince Program has been audited by Halborn, a top-tier Audit Firm. ### Halborn Audit {% file src="/files/jJ5qJuChDtP1RaOfNVxD" %} # OpSec Operational Security on Lince Programs This page explains how Lince's on-chain access control is designed to protect user funds and what each role can and cannot do. Lince has four roles with different permissions within the program for different purposes, aligned with the protocol's operational needs and security requirements. | Role | Upgrade Program | Can add assets to strategies funds? | Can modify strategy? | Can pause? | Setup | | ------------ | --------------- | ----------------------------------- | -------------------- | ----------------- | --------------------------- | | Upgrader | ✅ | ❌ | ❌ | ❌ | 3/6 multisig + 12h timelock | | Admin | ❌ | ✅ | ✅ | Pause and unpause | 3/6 multisig + 12h timelock | | PoolsManager | ❌ | ❌ | ✅ | ❌ | 2/5 multisig | | Pauser | ❌ | ❌ | ❌ | Only pause | 4 cold wallets | *\* The Lince manager can ONLY operate with assets within the contract with limitations; it can not move funds out of the program.* #### Upgrade Multisig The upgrade multisig can: * `upgrade-program` — upgrade the smart contract. Setup: 4/6 multisig with 12h timelock. Cold wallets. [https://app.squads.so/squads/AQiRFiqsPS6FKbhnEzAF83oX3mDFT9FQNqjMVz3cX1Mx](https://app.squads.so/squads/AQiRFiqsPS6FKbhnEzAF83oX3mDFT9FQNqjMVz3cX1Mx/home) #### Admin Multisig The admin multisig can: * `update-configuration` — set fees and assign roles * `pause` - `true` or `false` — pause the program and enable it when it's paused. `set-pause` - `true` can also be executed by "Pauser Role", but `set-pause` - `false` is only enabled with this admin multisig. Setup: 3/5 multisig with 1h timelock. Cold wallets. [https://app.squads.so/squads/HPP34a4qVEv2EYybFcKDqdes5GYBTFDBxygUixmjPQAv](https://app.squads.so/squads/HPP34a4qVEv2EYybFcKDqdes5GYBTFDBxygUixmjPQAv/home) #### PoolsManager Multisig The PoolsManager multisig can: * `add-asset` — add a new asset to the protocol * `edit-asset` — modify an asset within the protocol `isActive`, `pythAcc`, etc. Setup: 3/5 multisig. Cold wallets. [https://app.squads.so/squads/44qfRTL9vXmKmtaNpYkC5CYkedaDphs6aKq6rdzycGag/](https://app.squads.so/squads/44qfRTL9vXmKmtaNpYkC5CYkedaDphs6aKq6rdzycGag/home) #### Pauser Role The Pauser Role can: * `pause` - `true` (emergency ix) — pause the program in case of an emergency. `set-pause` - `false` can ONLY be executed by "Admin Multisig". Setup: 4 cold wallets has pauser role. # Protocol Fees Each product has it's own fee model #### Yield Tracker 100% Free to use. #### Strategies Lince takes a 1% annual management fee and a 0.1% redemption fee. #### Structured Risk Lince takes 0.1% redemption fee on the amplified tranche (1% to make it instant) and a 0.5% performance fee of the amplified spread. #### Spend Lince takes 2-5% of the total amount you pay for direct stablecoin purchases (not credit card purchases). # Security & Risks How we protect you and risk involved on Lince usage. **Our mission at Lince is to protect your money and help it grow, which is why asset security is our top priority.** ### Security To ensure the safety of your funds, we've developed several mechanisms designed to protect you in any situation. * **Fund Management**: All fund management at Lince is executed by our smart contract, an open-source code that acts intelligently based on market data. When you deposit funds, they are transferred to an account linked to the smart contract. Only you and the smart contract can execute any actions on those funds. This way, Lince acts as an intermediary between you and different DeFi protocols that generate your yield. * **Asset ownership**: The assets you invest in through Lince remain your property. Lince does not have access to them. Only our smart contract allocates the assets across DeFi protocols according to the investment strategy assigned to your risk profile. * **Strategies**: In our strategies, risk is always correlated with potential return. However, all investment strategies go through a minimum security screening before being deployed. This means that the highest risks are associated with the highest potential losses in cases of extreme market volatility, such as with looped or hedge strategies. * **Audits**: Lince uses audits from the most reputable firms in the blockchain and financial ecosystems to verify the security of our platform. Our audit reports are available [here](/resources/audits). * **Regulation**: Lince operates within the DeFi market, which is not regulated in most jurisdictions. Lince is a registered company in the United Arab Emirates and complies with local regulations. Additionally, we follow applicable anti-fraud and anti-money laundering (KYC) requirements when necessary. We do not offer any government-backed guarantees on the invested assets. The user must comply with the local tax and legal obligations related to their investments. * **Privacy:** Lince only collects essential data, such as your email and risk profile, to offer the best possible experience using our application. This information is private and will not be shared unless legally required. You can learn more in our [privacy policy](https://lince.finance/privacy-policy). * **Insurance:** Lince is developing a coverage service to allow you to insure your funds against different types of losses. This feature will be available soon. ### Risks Investing always carries risks. At Lince, we work to minimize them, but it's important to understand the key risks involved when using our platform: * **Smart Contract:** Bugs or vulnerabilities may exist in smart contracts, both our own and those used by the DeFi protocols we invest in. We actively work to reduce this risk through audits, and only use audited protocols. Still, the risk is never zero and could result in loss of funds. * **Market Exposure:** When you select a market exposure level in Lince, you define your exposure to price volatility. This means the value of your portfolio may rise or fall sharply depending on market movements. If you choose a no-exposure strategy, you can avoid this risk and earn attractive yields using only stablecoins. * **Protocol**: Lince diversifies your funds across multiple DeFi protocols to generate returns. We carefully screen and select protocols that meet our security standards, but the risk of failure or attack can never be fully eliminated. * **Impermanent Loss**: Some Lince strategies involve providing liquidity to DeFi protocols, where your funds are used to facilitate trades between two assets (e.g., ETH and USDC). If these assets fluctuate significantly in price relative to each other, your position may be worth less than simply holding the tokens. **If you choose a low-risk strategy, impermanent loss does not apply**. * **Liquidity:** Lince strategies do not carry liquidity risk, as we only use highly liquid protocols and assets. In some advanced strategies, there may be a lock-up period, but this will always be disclosed before you deposit. * **Loops**: These strategies involve borrowing against collateral to reinvest and increase exposure. While they can generate higher APY, they also increase the risk of liquidation and financial loss. **If you've selected a low-risk strategy, loops are not included**. * **Hedge**: These involve derivatives and advanced financial strategies to enhance returns. These instruments can be more sensitive to market swings and may include lock-up periods. Counterparty and execution risk also increases due to their complexity. **Hedge do not apply to low-risk strategies**. Other risks may exist and new ones may emerge over time. Lince continuously monitors and evaluates all risks and takes action to minimize them, but we cannot guarantee their complete elimination. # Our Vision The reason why Lince was born. **Help people earn better yields.** In a world where money is the intermediary for everything we do, and inflation keeps rising, DeFi yields play a key role in outperforming the market and generating income. **The problem?** Lack of info, risk being forgotten in the equation, difficult UX, extensive time demand, and more. That’s why Lince was born: **to help anyone to optimize their DeFi Journey, regardless of the chosen path, and with a "risk-centric" approach**.

# The Team Meet the people behind Lince Lince brings together a diverse team with **deep expertise** to deliver a seamless and powerful yielding experience.


Jorge - CEO	LINCE_0010_JORGE.png
Omar - CTO	LINCE_0009_OMAR.png
Josema - Dev Lead	LINCE_0002_JOSEMA.png
Dani - Advisor	LINCE_0008_DANI.png
Leo - UX Designer	LINCE_0003_LEO.png
Julio - Designer	LINCE_0000_Julio.png

#### Previous Experience Lince's core team has **been building on Solana since 2021**, starting with Solking (Development Consultants) and then creating [**Smithii Tools**](https://tools.smithii.io) (the most used tool suite for creating and managing tokens on Solana). During these years, our team learned the hard way how to use company treasury funds to generate returns in DeFi to survive the bear market. Now, **we want to help everyone do the same with their money. Securely, automatically, and without hassles**. # FAQ Frequently Asked Questions. This section addresses the most common questions. If you have any doubts not addressed here, don't hesitate to [contact us](https://yields.lince.finance/support/).

What is Lince and how does it work?

Lince is the Solana Yield Layer. It lets you track every yield opportunity across DeFi, invest through automated strategies tailored to your risk profile, structure your risk exactly how you want it, and spend your yields in the real world.

### Products and Operations

Is there a minimum amount to invest?

You can invest in Lince **for as little as USDC 10**.

What happens with Airdrops from Protocols?

As our secure Smart Contracts manage funds, we will be getting airdrops from protocols where funds have been deposited. Once we receive an airdrop, our smart contract will swap the rewards to USDC and deposit them into the strategy pool of funds. This means an extra return for you and all depositors.

Which APY can I expect?

Lince yield is not fixed. It depends on your risk profile, market, and strategy selected. The **average APY ranges between 7% and 40%**.

Where can I track my investment?

Once you deposit, you have a dashboard where you will be able to see your **Balance, ROI and APY**.

How long do Deposits/Withdrawals take?

**Strategies** Instant **Structured Risk** Shielded Instant. Amplified up to 48 hours (you can get instant by paying 1% fee).

Can I customize my investment strategy on Lince?

Lince offers the **best strategy for your risk profile**. You can **select another** strategy or even invest in **more than one strategy** at a time. However, you can't customize the strategy itself yet.

What are Lince Fees?

**Yield Tracker** 100% Free to use. **Strategies** Lince takes a 1% annual management fee and a 0.1% redemption fee. **Structured Risk** Lince takes 0.1% redemption fee on the amplified tranche (1% to make it instant) and a 0.5% performance fee of the amplified spread. **Spend** Lince takes 2-5% of the total amount you pay for direct stablecoin purchases (not credit card purchases).

### Security and Risks

Does Lince have access to my funds?

No, your funds are **only accessible to you and the Smart Contract** that distributes them within the different protocols to generate yields.

Can I get access to my funds without Lince app?

**Yes, even if Lince App is not available, everything runs on-chain, so you can interact with our Smart Contract to access them.** This means your funds will remain safe even if Lince disappears as a business.

Can I lose my money?

Theoretically, yes, you can lose all your money by investing in Lince, as in any other investment, if there is an extreme collapse. **Lince monitors risks and takes action to minimize them; however, we cannot guarantee they will be entirely eliminated.**\ \ You can learn more about the security of your funds in Lince and the associated risks [here](https://docs.lince.finance/about/security-and-risks).

### Regulation and Taxation

Has Lince been Regulated?

**Lince operates within the DeFi ecosystem, which is not regulated in most jurisdictions. However, it is a registered company based in the United Arab Emirates.**\ \ We also comply with applicable anti-fraud and anti-money laundering (AML/KYC) regulations when required. That said, we are not a regulated investment fund, and the funds deposited through our platform have no guarantee or insurance.\ \ Lince acts solely as an intermediary to diversify your investment across DeFi protocols and generate returns based on your selected strategy.

How are my Lince Investments taxed?

**The gains or losses from your investment in Lince are considered capital gains and may be subject to taxation in your jurisdiction.**\ \ At the end of the year, Lince will provide you with a report of your results so you can file them accordingly. Lince does not apply automatic tax withholdings — it is the user's responsibility to declare any generated gains.\ \ Converting your funds to fiat may trigger taxable events.\ For more information, please consult your tax advisor or [contact us](https://lince.finance/support) for further assistance.