Overview
MAYZ Protocol is a Cardano app that lets you invest in a group of tokens by buying one fund share. Pick a fund that fits what you care about, like a basket built around Cardano DeFi, and you hold a slice of everything inside without buying each token yourself. If you have a strong view, you can also build and run your own fund through the same app12.
MAYZ sits in the indexes corner of decentralized finance, which is the part of crypto where apps bundle multiple assets into one product, similar to how an ETF bundles stocks in regular finance. Alongside its product for everyday investors, MAYZ also has a separate offering for banks and other financial companies that want to give their clients crypto access without building the technology themselves3.
Key Features
- One token, many assets inside. Buy a single Fund Token and you hold a share of a whole basket, built around a theme like Cardano DeFi or a fund manager's pick, instead of buying each token one by one1.
- Run your own fund. Choose the tokens, the amounts, the fees, and the timeline, lock up gMAYZ tokens as a deposit, and the app handles the rest. Fund managers keep a share of the fees their fund collects4.
- Earn fees as a liquidity provider. Help people buy and sell Fund Tokens by posting your own trade offers, set the commission you want, and collect fees as investors join or leave4.
- Voting and rewards through gMAYZ. Holders of the gMAYZ token vote on protocol decisions and can back fund managers they trust, earning a slice of those managers' revenue in return4.
- Outside code reviews. The smart contracts were reviewed by AuditOne, a security firm, before launch on Cardano's main network. Cardano engineering studio TxPipe ran a second review of the code56.
What to Expect
The MAYZ website is split into three clear paths, so you can quickly find the one that fits you: regular investor, financial institution, or community member. The actual investing happens on the MAYZ DApp, where you connect a Cardano wallet, browse the live funds, and put in ADA or other supported tokens to receive Fund Tokens in return.
If you are thinking about running your own fund, the institutions page walks through every step. You decide which tokens go in the basket and in what amounts, choose a fund type and fee plan, lock up gMAYZ as a deposit, and publish the fund on Cardano. After launch, an admin panel lets you adjust the basket, keep the amounts in balance, and collect fees, with every action recorded publicly on Cardano3.
The whole protocol is open-source. The whitepaper is kept up to date in public, a separate voting site handles gMAYZ votes and delegation, and the smart contracts themselves are published in the contracts repository on GitHub for anyone to read7.
