MAYZ is a decentralized index protocol to allow easy investment into the early growth of Defi on Cardano.
MAYZ is a decentralized index protocol to allow easy investment into the early growth of Defi on Cardano. With the recent launch of smart contracts and a burgeoning DeFi ecosystem, Cardano is in a very strong position for future growth. With MAYZ Index Tokens, you can purchase a share of a basket of Cardano tokens that grows inline with the ecosystem as a whole.
MAYZ is building a decentralized finance protocol that aims to bring Cardano exposure to a wide range of different investors. For years Cardano’s community has struggled to bring ERC-20 protocol and others blockchain users to the Cardano ecosystem. MAYZ has another strategy; we will bring Cardano to other blockchains.
Currently, non-Cardano users can only get exposure to the Cardano ecosystem by holding ADA on centralized exchanges or wrapped ADA. Even though the simplest way to get exposure to an ecosystem is to hold its native currency, we think a better way is to hold an index that represents the whole ecosystem in a weighted asset manner.
To achieve our vision, we will create a multi-chain decentralized protocol whose smart contracts will be running on Cardano with effortless single-click token bridging to host on outside chains. This kind of cross-chain infrastructure allows the protocol to provide more accessible services. For example, ERC-20 users will no longer have to set up a Cardano wallet to invest in the Cardano ecosystem.
