# Introduction to Teragon

Teragon is a multichain DeFi protocol that allows for a new way to invest in crypto assets and various DeFi instruments for both advanced and novice investors alike. It is built upon three main pillars: Indices, Rule-Based Strategies and Structured Products. We call this Full Stack Asset Management.

![With Teragon, users can now profit off of this interlinked suite of products working in tandem](https://1159898521-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F0CIBVavyL0qY3s4tkeUu%2Fuploads%2FPNNvXITICzErIGHoolWQ%2F1%20Introduction%20to%20Teragon.PNG?alt=media\&token=ab50ba38-f65b-4a65-aae4-a1e0984de6c7)

**Indices (Vectors)** are Teragon's foundational building blocks. We allow users to invest in managed portfolios across various crypto sectors (L1s, GameFi, DeFi etc.). 

**Rule-Based Strategies (Tensors)** then algorithmically allocate users cash and index holdings according to one's risk appetite and given market outlook. 

**Structured Products (Hypercubes)** use options to enhance yield, hedge downside and leverage upside exposure on top of Teragon's **Vectors** and **Tensors.**

## Teragon Team

The Teragon core team is a mix of the old generation and the new generation. We combine our experience from TradFi trading/structuring and traditional start-up building with DeFi-native product direction and development.

## Protocol Mission 

### Motivation 

* DeFi is one of the most significant financial innovations in the last 20 years. It is technologically capable of revolutionizing how we save/invest, lend/borrow and trade
* DeFi’s current unnecessary complexity and disassociated state do not allow for needed scalability. If DeFi aims to become a space with 1 billion active participants, new products need to be introduced.

### Problems in DeFi

* DeFi can be too complex for novice users to approach. Besides professional trading houses, very few individual participants can properly utilize the tools available in DeFi
* It's difficult to keep up with the fast changing sector with new projects and technology constantly emerging
* Option markets and structured product liquidity is fragmented due to focus on single tokens instead of Indices, and so they have failed to reach broad adoption in crypto/DeFi

### Teragon's Solution

* Reduce complexity by introducing backtested user friendly products that take advantage of available tools in DeFi
* Create and maintain indices that group assets to spread exposure into emerging technology and projects while limiting risk
* Build out an Index based options and structured product market to encourage further use of volatility tools

We believe executing these steps can stimulate growth in DeFi from a tiny fraction of traditional finance towards onboarding one billion users.