GP Digital participates selectively in DeFi TVL deals—short- to medium-duration liquidity commitments that help protocols grow Total Value Locked while offering attractive on-chain yields.**

We focus on:

– Structured, negotiated TVL deals where terms, incentives, and risk-sharing are clear, rather than blindly farming emissions.

– Principal-conscious design: preference for strategies with collateralisation, circuit-breakers, or hedges to control smart-contract, oracle, and market risk where feasible.

– Liquidity and exit control: we avoid structures with opaque lockups or fragile mechanics, favouring deals where capital can be reduced or exited as protocol, counterparty, or market risk changes.

TVL deals are evaluated using the same disciplined DD lens: quantitative risk/return and scenario analysis on one side, and deep protocol and counterparty due diligence on the other (team quality, security audits, governance, tokenomics and incentive sustainability).