Architecture

To enable flexible strategy deployment, Enzyme.Onyx uses an Enzyme Vault as the tokenization layer, with strategies deployable through any wallet type, including EOAs (MetaMask, Phantom...), MPCs (Fireblocks...), Smart Accounts (Safe...), and Cold Wallets (Ledger...).

Enzyme Vaults - Subscription and Accounting

The Enzyme Vault acts as the tokenization layer, providing a natively tokenized structure that supports deposits and redemptions, issues Vault Shares (ERC20), and consolidates fees.

At the Vault level, the value of the underlying strategy is consolidated, ensuring accurate NAV computation and per-share valuation.

Learn more about Enzyme Vaults HERE.

Wallets - Custody and Management

While the Enzyme Vault collects funds and provides the tokenized structure, custody and execution of the underlying strategy are handled by Wallets (Management Wallet).

Vault owners can leverage their preferred custody stack to deploy any strategy of their choice, without any kind of boundaries.

Lean more about Wallets HERE.

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What Onyx isn't?

Onyx is not a micro-management tool. It provides the tokenization layer that can be deployed on top of any wallet, enabling the tokenization of any type of strategy.

Onyx does not monitor, track, or restrict how the tokenized value or assets are managed.