Monthly Factsheet · For Professional Investors Only · FR
May 2026
REF · LSRR-FS-2026-05 · published 31.05.2026
lyEUR — yield strategy
Hybrid yield optimization strategy on EURC, at the convergence of traditional finance and blockchain-native infrastructure. Daily distribution, near-instant liquidity.
Active vault · Ethereum & Base
APR LYEUR
9.00%
annualized target
PPS
1.0301
price per share
AUM
2.54M€
assets under management
LIQUIDITY
67.35k
instant redemption
INCEPTION
+7.50%
since 21.03.2025
COVERAGE
1.000x
assets / lyEUR issued
Strategy
01 / 06
lyEUR is a yield optimization strategy on EURC, designed for investors seeking stable and recurring returns, with daily liquidity and an annualized performance target of 8 to 9%.
OFF-CHAIN · 01
SARR Fund
Revenue-based financing for European SMEs (€1–30M in recurring revenue). Real-time analysis of banking and accounting data.
target 10–12% p.a. · uncorrelated from markets
ON-CHAIN · 02
Curated DeFi
Liquidity allocation across curated lending protocols (Morpho, AAVE v3) — capital preservation, risk-adjusted performance.
liquid sleeve · 2–6% p.a. market-dependent
Specifications
02 / 06
Launch date01.09.2024
Minimum capitalEUR 10,000
Accepted assetsEURC
LeverageNone
StructureCrypto loan
Performance target9% p.a. (not guaranteed)
Performance updateDaily
LiquidityDaily *
CustodyGnosis Safe Multisig
Off-chain coll.SARR Fund · LU3246202496
On-chain coll.DeFi opportunities (Morpho, AAVE)
NetworksEthereum · Base
* up to 8 weeks under certain market conditions
Asset allocation
03 / 06
AUM
2.54 M€
Fonds SARR81.6%
Liquidity14.5%
EURC · AAVE v3 Base3.8%
EURC · AAVE v3 ETH0.1%
Gauntlet EURC · Morpho0.0%
Steakhouse EURC · Morpho0.0%
Indicative allocation as of 31.05.2026. Weightings subject to change based on market conditions and risk management.
Historical performance
04 / 06
3 months
-0.74 %
6 months
+1.38 %
12 months
+5.92 %
YTD
+0.66 %
Inception
+7.50 %
Price per Share — since inceptionBase 1.0000 · current 1.0301
Team
05 / 06
PY
Pierre-Yves Dittlot
Founder · CEO
Over 18 years in asset management and private banking. Building a next generation of yield solutions at the intersection of traditional finance and DeFi.
JB
Jean-Baptiste Sicard
Chairman
Over 20 years of experience in the financial sector. Provides strategic leadership to build solutions combining traditional finance and blockchain technology.
GJ
Grégoire Jouaneau
Business Developer
Experienced entrepreneur with strong business development expertise. Extensive network and deep knowledge of the Web3 ecosystem.
Disclaimer & risks · 06 / 06
Liquidity risk — the product is invested primarily in decentralized finance opportunities and in a revenue-based financing strategy via the SARR fund. A redemption request may take up to 60 days depending on available liquidity.
Capital loss risk — the product is not capital guaranteed. The initially invested capital may not be returned. Returns are not guaranteed and may vary over time. Investors may lose part or all of their investment.
This document is provided for informational purposes only and does not constitute investment advice, a recommendation, or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results.
Issuer
CompanyLedgity SAS
Head office470 Promenade des Anglais 06000 Nice — France