Track Your Diva Token Allocation in Real-Time with This New Enzyme Feature

Today, Enzyme is excited to unveil a brand new feature in collaboration with Diva Staking — the Rewards Tab. This is part of Enzyme’s wider push to support Diva with its ‘Early Stakers Initiative’, which was announced in September 2023.

The Rewards Tab offers Diva Early Stakers increased transparency by displaying token allocation and program metrics in real-time, setting a new standard for openness and accessibility of rewards in the LSTfi space.

Transparency is a fundamental principle that underpins trust between users and platforms. Investors and participants must have a clear understanding of how their assets are managed and how rewards are generated. Traditional finance often lacks this transparency, leading to scepticism and uncertainty among investors.

Projects like Diva recognize this and are leveraging innovative solutions like Enzyme to empower users with real-time insights.

What is the Rewards Tab?

Enzyme has deployed a custom Rewards Tab for Diva Staking’s stETH and ETH vaults, which enable Early Stakers to deposit ETH or stETH to earn DIVA tokens and participate in future governance. This initiative was voted by the Diva Staking DAO in DIP-02.

Users can now access real-time metrics and rewards data directly from the Enzyme Vault interface. That means that Diva’s Early Stakers can monitor their token allocation and program metrics with unparalleled transparency.

Key Benefits of the New Real-Time Rewards Feature

1. Instant Access to Rewards Data: Early Stakers no longer have to wait for periodic updates or rely on third-party sources to track their token allocation. With real-time metrics, access up-to-the-minute data on earnings directly from the Enzyme Vault interface.

2. Transparent Metrics: Understanding the performance of various programs and strategies is essential for informed decision-making. The real-time metrics feature provides transparent insights into program values such as TVL, individual activity, and rewards, enabling Early Stakers to optimise their participation strategies.

3. User Empowerment: By providing Early Stakers with real-time data, Enzyme and Diva are empowering individuals to take control of their investment strategies and decision-making. Users can make timely adjustments to their strategies based on real-time insights, thereby maximising returns and minimising risks.

Further Enhancing Transparency with Enzyme’s Dedicated Subgraph

To enhance transparency even further, the Enzyme team has built a dedicated subgraph. This subgraph provides users with a comprehensive view of on-chain data related to rewards programs and other activities.

By accessing this subgraph, users can dive deeper into the mechanics of the Diva vaults, and verify the accuracy of the data presented on Enzyme Vault’s interface.

Here is the link to explore the Enzyme Vault’s dedicated subgraph. You can view the subgraph GitHub repo here.

Empowering Early Stakers

In addition to real-time metrics, Early Stakers will benefit from enhanced visibility and control over their investments.

More feature details include:

• Track Detailed Activity: Early Stakers can see all deposits and redemptions related to their wallet, providing them with a comprehensive overview of their participation in the Diva vaults.
• View Expected and Accrued DIVA Tokens: Early Stakers can see the expected amount of DIVA tokens they are entitled to receive if they keep their deposit. Moreover, they can track the accrued DIVA tokens day by day, empowering them with insights into their earnings over time.

Looking Ahead

As DeFi continues to grow, projects that prioritise transparency and user empowerment will undoubtedly lead the way in shaping the future of finance. The collaboration between Enzyme and Diva exemplifies this commitment, providing users with the tools they need to thrive in the decentralised economy.

The inclusion of detailed activity tracking and expected DIVA token calculations sets a precedent for user-centric design and transparency. Early Stakers can now monitor their contributions and anticipate rewards, fostering a sense of ownership and engagement.

As more projects seek to enhance user trust and engagement, solutions like Enzyme and Diva present a compelling opportunity to differentiate and attract a loyal user base.

For any queries or support, please don’t hesitate to reach out to our team below.

For business enquiries, please contact: luca@enzyme.finance

For support enquiries, please submit a ticket support request via the Enzyme Discord here.