FAQs

Dyor Decentralized Investment App is an investor-friendly decentralized platform built to help you navigate and invest in Web3 and DeFi easily. With its unique Swipe-to-Invest interface, access to real user-generated data, an active community of investors & contributors, and tokenomics that are designed to democratize the evolution of its protocol through community-led governance, Dyor Decentralized Investment App is driven to simplify access to DeFi and Web3 for all.

Dyor stands for “Do Your Own Research”. Dyor App encourages investors to do their own research so they can make well-informed investment decisions. That is why Dyor provides access to real, user-generated research, project information, and networking with Dyor App’s active community of Web3 investors and contributors, all in one place — the Dyor Decentralized Investment App.

DeFi, or Decentralized Finance, is one of the most remarkable applications of Web3. DeFi leverages blockchain tech and smart contracts to execute secure and transparent transactions without the need for central intermediaries like banks. And with its full spectrum of financial services like decentralized lending and borrowing, staking and yield farm, DeFi makes the financial system accessible for everybody—irrespective of their location or socioeconomic position—even those without bank accounts. Learn more

Web3 refers to the next generation of the internet, where the focus is on decentralization and blockchain technology. It is often used interchangeably with the term "decentralized web". Web3 aims to create a more open, transparent, and decentralized internet that is controlled by its users rather than by centralized authorities like governments or corporations. This is made possible through the use of blockchain technology, which allows for the creation of decentralized applications (dApps) and smart contracts. Learn more

Dyor App’s comprehensive suite of tools is designed to simplify research, decision-making, trading, investment, portfolio management and networking with the Web3 community.

• User-friendly swipe interface

  Swipe through high-quality project cards and swipe right to invest, left to skip, or up to add to their watchlist.

• Easy discovery and decision-making

  Get real-time price alerts & market news, user-generated data and research, and traction statistics in one place to make better investment decisions.

• Single wallet, multichain investing

  Seamlessly access multiple chains using a single wallet – Ethereum, Binance Smartchain, Polygon, Phantom, Avalanche, and more.

• Gasless swaps

  Enjoy free (ZERO fee) swaps on Dyor App on all networks. (“Gas fee” is a fee paid to the miners of a network for cryptocurrency transactions.)

• Fiat On-ramp

  Buy crypto easily with 30+ fiat currencies.

• Social investing

  Learn from experienced investors, or share your research and join the conversation with Dyor App’s active community of Web3 investors and contributors and earn rewards.

Yes, your funds are safe on Dyor Decentralized Investment App.

• Dyor App is a non-custodial platform, meaning that no third party, including Dyor App, has any control over your funds. You are free to use your crypto as they please, without needing permission from a central authority.
• Dyor App uses smart contracts to execute trades, which eliminates the need for intermediaries. This helps protect you from losses due to central server failure, hacks, fraud and the other risks of centralization. Learn more

Having said that, you should always exercise caution when trading cryptocurrencies and follow best practices for securing their wallets.

Dyor App currently supports one-click multichain investing on Ethereum and Binance Smart Chain, with the option to scale to other EVM-compatible chains like Polygon, Arbitrum, Avalanche, Optimism and others.

Dyor’s mobile app for DeFi and Web3 investing is set to begin a guarded launch in July.

You can get started on Dyor App in 4 easy steps, without KYC (identity verification).

• Download the app - Play Store | App Store →
• Set up your Dyor App’s native non-custodial wallet, or connect your own third-party wallet to Dyor App.
• Create your profile — This is optional, but helpful if you want to connect with Dyor App’s investor community, participate in daily challenges and unlock rewards. Note: KYC (identity verification) is not required for this.
• Start swiping through high-quality Web3 projects. To invest in a project, swipe right. Swipe left to skip, and swipe up to add a project to your watchlist.

Dyor App’s Swipe-to-Explore and Invest interface enables you to swipe through high-quality Web3 project cards, which contain vital information about their respective projects. To invest in a project, swipe right. Swipe left to skip, and swipe up to add a project to your watchlist.

• Non-custodial wallets, also known as self-custody wallets, are owned fully by their individual owners and not by any exchange. This allows individuals to retain full control over their private keys and how they access and transact their digital assets, without the need for intermediaries.
• The private keys to a non-custodial wallet are stored locally on your device. So, they are less susceptible to hacking attempts or security breaches.
• With full control over your assets, you can send and receive cryptocurrencies at any time without needing approval from a third-party intermediary. This allows for faster transactions and greater flexibility. Learn more

Yes, your Dyor App wallet is 100% non-custodial. This means you are the only custodian of your private keys and the funds held in your wallet. Accordingly, no third party—including Dyor App—has any control over your funds, and you are free to use your tokens as you wish, without permission from a central authority. This guarantees your security against the risks of centralization.

Yes, you connect any third-party wallet to Dyor App. Either way, you will continue to have full control over your wallet and funds, and you’re free to use your tokens as you please, without needing permission from a central authority.

Investing on Dyor App is 100% permissionless. This means there is no upper limit on how much you can invest, withdraw, swap or transfer at a time or over a period of time on Dyor App. Thus, on Dyor App, you are in full control of your DeFi experience.

Yes, you will be charged a service fee for swaps using Dyor App, however, otherwise the app & information therein is free to use to all.

The Dyor token is a dynamic ecosystem token, unlocking premium features, advanced analytics, and reduced exchange fees. It also lets you stake for "real-yield" returns and participate in project governance. Additionally, you can earn tokens in-app by engaging in challenges, achieving milestones, and sharing your research & insights with the community.

Yes, there are several ways in which you can earn on Dyor App:

• Activation Rewards

  Get Dyor tokens for activating your profile, creating/importing your wallet and making your first trade

• Trading Rewards

  Compete in trading events and get rewards for achieving trading volume & P&L milestones

• Community Rewards

  Get rewarded for your participation in community events and other daily activities on Dyor App

• Staking Rewards

  Park your crypto holdings on Dyor App and earn a consistent yield every month in your wallet

• Referral Rewards

  Earn every time a friend downloads Dyor App using your unique referral link, and get more rewards when they make their first trade on Dyor App and achieve other milestones in trading volumes and P&L.

You can sign up for early access to get your unique referral link, and share it with your friends to cut the line and move up in the waitlist. Our top 100 referrers will be given exclusive early access to Dyor before it launches for everybody.

You can sign up for early access to get your unique referral link, and share it with your friends to cut the line and move up in the waitlist. Our top waitlist members will be rewarded from a bounty pool of USD 30,000 in crypto.

To check your position in the waitlist, visit dyor.exchange/early-access-waitlist and enter your email ID. Additionally, everytime a user signs up using your unique referral link, you will receive an email with the details and your new position in the waitlist.

Yes. For every successful referral, you will move up the waitlist, and our top waitlist members will be rewarded from a bounty pool of USD 30,000 in crypto. The details for the same will be shared with you via email when it’s time.

Yes. To provide feedback, suggestions or get help, join Dyor App’s Telegram channel. Alternatively, you can also join Dyor App’s beta testing program and earn rewards up to USD 300 in Dyor tokens.

Yes, you will be notified via email. To get regular updates, join our Telegram channel or follow us on Twitter and LinkedIn.

There is no upper limit on the number of friends you can refer—Refer as many friends as you like to move up the waitlist and increase your odds to earn rewards! Our top waitlist members will be rewarded from a bounty pool of USD 30,000 in crypto.

Yes. If any email to a user results in a hard bounce (i.e. delivery failure because email ID doesn’t exist), this user’s account is suspended automatically from the waitlist.

Because a hard bounce indicates fraudulent submission, the unique referral link associated with this account is disabled, and existing shares and referrals are not counted.

Dyor App is driven to democratize access to the future of finance for the world. Accordingly, Dyor App’s beta testing program requires whitelisted testers to test the app features, give feedback, and report bugs, so we can improve the app’s user experience.

As a testing contributor, you can earn rewards up to USD 300 in Dyor tokens* for providing feedback and reports.

Note: Rewards will be credited as Dyor points after testing is completed and can be redeemed for Dyor tokens when it is launched.

If you’re whitelisted for Dyor App’s beta testing program, you will receive an email from testflight to download the app, and another email with all instructions and FAQs. If you still have questions, you can contact us on Telegram.