Investor guide

Lydiaan Protocol lets a company turn a financial instrument — shares, a loan note, a preference share, a unit in a fund or a sports league — into a token that investors can buy. The terms of the instrument are written down and reviewed before anything is sold, the token is recorded on a public blockchain, and everything that happens to it afterwards — a dividend, an interest payment, a buyback, a vote — is run on the platform and recorded against the same token.

You use it through the investor portal: a marketplace to find offerings, a portfolio to follow what you hold, and a page for each corporate action that reaches you.

An issuer is the company behind a token. It describes the instrument, provides the documents that back it, and later runs the corporate actions on it. Issuers are onboarded and checked by Lydiaan before they can list anything.

An investor is you: a verified person or entity who buys tokens, holds them in a wallet you control, and takes part in what the issuer does with them.

Lydiaan reviews what issuers set up before investors see it, verifies investors, keeps the records, and never holds your money or your keys.

Every token on the platform belongs to one of four classes, and the class decides what the token can do for you. The token page spells out which of these applies to the token you are looking at — as a promise, as something the issuer may decide later, or not at all.

Offerings and payouts settle in a stablecoin — USDC or USDT — never in bank money. Sports tokens settle in LYD, Lydiaan's own platform token.

Your holdings live at an address only you control, so anything that moves value — buying into an offering, converting, listing a token for sale — is signed by you in your own wallet. Lydiaan cannot move, freeze or spend what you hold.

Every instrument, corporate action and document has an on-chain record. Wherever the platform shows an address or a transaction, it links to the public block explorer so you can check it without trusting us.

Investor accounts are self-service: sign up with an email address and password, or continue with Google. Issuers cannot sign up this way — a company is onboarded by Lydiaan after an enquiry.

Signing in lands you on the dashboard. Nothing is locked yet: you can browse the marketplace, read every token and company page and follow announcements before you verify anything. Verification is asked for at the moment you try to take part — investing, voting, claiming — and you are brought back to where you were once it is done.

Verification starts by choosing what kind of investor you are. An individual goes through an automated flow that most people finish in a few minutes. A company, HUF, firm or LLP, trust or society goes through the entity flow, which collects details of the entity, its representative and its directors, and is reviewed by a person.

The individual flow has four stops: your details (including a phone number you confirm with a one-time code), a review of what you entered, an identity check run by Sumsub — a guided document and selfie check inside the page — and approval. The entity flow adds the representative, directors and documents before the same identity check.

While your documents are being checked the dashboard shows the application as pending. An individual whose check passes and whose details match the document is approved automatically; anything the check cannot settle goes to a person. If more information is needed you are told exactly what, and can provide it from the same place. Once approved, the name on your account is the name on your verified ID. A declined or lapsed verification points you at support rather than at a form.

Your investments are recorded against an address that only you control, and a wallet is the app that holds the key to it. Lydiaan works with MetaMask. Connecting takes two clicks — connect, then sign one message that proves the address is yours. The signature is free, is not a payment and moves nothing.

Linking the wallet waits for your identity to be approved, because approval is also what creates your on-chain identity — the record an offering checks before it accepts money from your address. Setting a wallet up, though, can happen any time: the ‘What's a wallet?’ link on the dashboard opens a short primer that walks you through it while your application is reviewed.

New to wallets? The Wallets and security chapter below explains what one is, how to get one, and what each MetaMask pop-up is asking.

Funding happens in your own wallet, not on the platform. You send the payment token (USDT on Ethereum Hoodi) to your address from an exchange or another wallet, and it stays yours until an offering takes it when you sign. Lydiaan never takes custody of it.

Two balances matter: the payment token, which is what a subscription costs, and a small amount of ETH, which pays the network's own fee — a subscription is two transactions, and each costs a little ETH. The dashboard reads both from your wallet and tells you which one is short.

The ‘How to add funds’ link on the dashboard opens a funding guide with the exact token, address and network to use.

Once you are verified, linked and funded the dashboard clears you to invest. Browse the marketplace, open a token page, and use its Invest button — the Investing chapter explains what happens from there. Your first settled position ends the getting-started checklist for good.

Until your first investment settles, the top of the dashboard is a four-step rail — verify your identity, connect your wallet, add funds, make your first investment. Each step shows its state honestly: done, up to you now, waiting on us, or locked behind an earlier step. The wallet and funding steps act in place, so connecting MetaMask or reading the funding guide never takes you off the page.

The rail disappears the moment every step is done. It is a getting-started device, not a permanent fixture.

Below the rail, a strip counts the things that keep arriving for a set-up investor: ballots you are eligible to cast, distributions waiting to be claimed, buyback windows you can take up, corrections to announcements you have seen, and orders still in progress. Each tile opens the page where the action is taken. When there is nothing, it says so.

The rest of the page is context: the size of the market (listed assets, instrument types, units listed, sectors), featured and most-active opportunities, your recent activity, and a calendar of upcoming events — votes, payouts, buybacks, maturities and webinars — each with a date and how far away it is.

An explore strip at the bottom leads to the other sectors on the platform: sports, entertainment, real estate and the InterestPerDay fixed-income channel. Sectors that have not launched yet say so rather than showing an empty dashboard.

The first time you sign in, a short spotlight tour offers to show you where things are: the readiness rail, the marketplace and your portfolio, then a button that takes you to whatever your next step actually is. It takes about a minute and can be skipped. If you skip it, a quiet ‘Take the tour’ link stays on the dashboard until you are fully set up.

The Marketplace lists tokenized opportunities across equity, debt, units and structured products. Search by token, company, issuer or sector; filter by status; sort; and switch between card and table views. A Watchlist keeps the offerings you want to come back to, on every device you sign in from.

By default the marketplace shows the offerings you are eligible for and tells you how many it is hiding; a toggle shows the rest. Eligibility comes from the instrument's own rules — jurisdiction, investor type, accreditation — checked against your verified profile.

Each card carries one clear call to action: Invest Now while the window is open, Opens on a date or Not Open Yet before it, Closed after it, Not Eligible where the rules exclude you, and Claim once an offering you took part in has finalized. A Closing Soon panel and capital-flow figures sit beside the list.

Each token has one page, about that token only: its identity and class, the terms of its instrument, the offerings that sell it, and the events, announcements, votes and documents that belong to it. Its header carries the same Invest, Not Open, Closed or Claim button the marketplace card does.

Near the top, a card titled ‘What this token entitles you to’ lists seven capabilities — bonus, conversion, redemption, buyback, dividend, interest and voting — each marked Allowed (the token's terms owe it to you), Depending on future management decision (it happens only if the issuer decides), or Not allowed (this class does not carry it). The card describes the token's class; what this particular issue was minted with is set out in its instrument terms further down the page.

Documents on the page are published versions with their on-chain proof beside them. The Documents and verification chapter explains how to check one yourself.

Some tokens are presented through a branded channel with its own look — T20 for cricket, InterestPerDay for fixed-income notes, Liquidbrix for property — and their pages follow that channel's layout. The rules are the same: same verification, same wallet, same invest paths, same corporate actions.

Behind every token is an issuer, and the company page is about the issuer rather than any one token: its profile, published disclosures, announcements, votes, events, documents, version history and the list of tokens it has issued. Open it from the issuer card on any token page.

An offering is a round in which tokens change hands under stated terms. The one you will meet most is the initial token offering (ITO): the issuer sells new tokens during a window, with a minimum per subscription, a cap per investor and a hard cap on the raise. Many carry a soft cap — if the raise does not reach it, the offering fails and everyone who took part is refunded.

Other kinds appear on token pages as they are used: an offer for sale, where an existing holder lists tokens and a buyer takes part or all of them; a rights issue, where existing holders may buy more in proportion to what they hold; and a direct distribution, a free allocation to holders the issuer names.

Where an offering runs on-chain, you take part by signing from your own wallet. There are two signatures, in order: first an ‘approve’ transaction that allows the offering to take the payment amount, then the investment itself. Both are shown as separate steps because they are two different things — allowing a spend, then spending.

A successful investment buys an allocation, not tokens yet. When the issuer finalizes the offering, you claim your tokens from the same panel; if the soft cap was missed, you claim a refund instead. Everything on the panel — your balance, what is left of your cap, whether the window is open — is read live from the chain.

If something blocks you, the panel says what and what to do: verification comes first; this wallet is not the one registered to your identity; you need more of the payment token or a little more gas; the amount is below the minimum or above what is left. Each message carries the next step — a button to the right place, or the number that would work.

Some tokens settle on the platform rather than from your wallet — sports tickets, for example, which are paid for in LYD from your platform balance. For these, the Invest card composes an order (amount or quantity, the price per token, the total) and hands you to a Review & Pay page. Confirming places the order; a settled order appears in your portfolio and your transactions.

The same verification applies on both paths. An investor who has not been approved sees an explanation instead of the panel, and is brought back to the same token after approval.

Swap converts a token you hold into an approved stablecoin before you invest. It is a wallet action rather than a corporate action — nothing is issued or elected — and it is signed from your wallet like everything else that moves value.

The page opens with what you invested, what it is worth now, and your return on investment, followed by a value curve you can view over several ranges. Every figure is live; nothing on the page is an estimate typed in by hand.

Next comes a queue of corporate actions with a deadline: a vote to cast, a bonus to claim, a redemption to take up, a coupon to collect. Each row shows the token, the amount, when it falls due and a button to the action's own page, where the claim or vote is actually made.

Holdings are grouped by the channel you bought them through — INTERESTPERDAY, LiquidBrix, T20, Lydiaan and others — rather than by instrument class. Each channel shows what you invested, its current value, the income it has paid and its return, and each position inside it shows the units you hold, what you paid, what they are worth and what they have paid you.

The last section analyses income: what has been paid to you month by month, and a breakdown by instrument class with each class's swatch and a one-line explanation of how it pays. Where a figure has not been tracked yet the page shows a dash rather than a zero — on a page about your money, the two are different claims.

Transactions is laid out like a bank statement. Pick a date window and the top of the page states it in full: opening balance, total credits and their count, total debits and their count, the net, and the closing balance. The figures cover the whole window, not just the rows on screen.

Rows are grouped by the kind of movement — purchases, sales and transfers, coupons, dividends, buybacks, bonus claims and so on — and can be filtered by group and by sector. Searching finds a token or a reference.

Each movement carries one of four states: Pending, Processing, Settled or Failed. Opening a row shows its full detail, including the transaction hash and a link to the block explorer where one exists. The statement can be downloaded for your records.

Announcements is the register of everything issuers have published for the tokens you hold: corporate actions, formal disclosures, meeting notices and votes. Four tabs — All, Unread, Corporate actions and Governance — sit over one list, grouped into Today, Yesterday and Earlier, with a sub-filter for each corporate action and for each kind of governance notice.

Within a module, open items — anything that still needs a decision or a claim from you — are listed above what is closed, settled and on record. Every state chip is worked out from the dates beside it. Nothing on the page is a sample; a quiet tab is a true statement about your holdings.

The bell beside Connect Wallet in the sidebar carries your personal notifications — order updates, verification updates, distribution and governance alerts — and opens the full list. Announcements and notifications are kept apart on purpose: one is about tokens, the other about you.

Notification preferences let you switch email, in-app and push delivery on or off, choose which categories reach you, set a digest frequency instead of one message per event, and define quiet hours.

A corporate action is something the issuer does to a token you hold: paying you, giving you more tokens, repaying you, changing what the token is, offering to buy it back, or asking you to vote.

Some arrive on their own and need nothing from you; others are an offer you can take or leave, inside a window. This tour is one stop on each of the ones you can reach from here.

A buyback is the company offering to buy its tokens back from you at a set price, up to a set limit. Taking part is optional — it is an offer, not a call.

The company fixes a price per token, a total token limit, and a deadline. Holders choose whether to sell into it; nobody is obliged to.

Capacity is first-come, first-served against the token limit. The remaining capacity is shown live on the campaign, and once it is gone the campaign is oversubscribed and stops accepting more.

Tokens bought back are retired, so the total supply falls and everyone who did not sell owns a slightly larger share of what is left.

A bonus issue gives you extra tokens for free, in proportion to what you already hold. You claim them during the claim window — there is nothing to pay.

The issuer sets a ratio — for example one new token for every four held. On the record date the platform snapshots holdings and works out each holder's entitlement.

Unlike a dividend, a bonus is not a payout: it is new tokens minted to existing holders. Everyone's token count rises together, so nobody's share of the company changes.

Holders claim their entitlement during the claim window. Anything unclaimed when the window closes is handled at finalization.

A conversion turns your debt tokens into equity tokens at a fixed ratio. You stop being a lender to the company and become a shareholder in it.

The issuer sets a conversion ratio as a numerator over a denominator. Equity received = debt converted × numerator ÷ denominator.

The result always rounds down to a whole token. The remainder — the dust — cannot be converted, and the platform flags it before you commit.

Conversion is immediate and irreversible. The debt tokens are retired and the equity tokens are issued in the same step; there is no request queue and no pending state to wait through.

A dividend is a cash payment the issuer makes to everyone holding a token, split in proportion to how much of it you hold.

The issuer sets aside a total pool and a payment date. On the record date the platform takes a snapshot of who holds the token and how much, and the pool is divided across those holdings.

The issuer then funds the pool in the payment token, and the platform distributes it. Holders do not have to do anything — the money arrives against the holding they already had.

A redemption is the end of a debt token's life: the issuer repays your principal and your tokens are retired in exchange.

At maturity, the issuer owes each holder the face value of what they hold. The redemption record is where that repayment is set up, funded and run.

The issuer funds the full repayment amount before anything opens. Once it is funded, holders redeem — they give up their tokens and receive the principal back.

This is a one-way door. Redeemed tokens are retired, not returned to circulation.

An interest schedule is the repeating coupon a debt token pays you — the rate, the payment dates, and what you are owed on each one.

The issuer sets a rate and a frequency — say 8% a year, paid quarterly — and the platform generates the full calendar of coupon dates from them.

On each coupon date, holders are snapshotted and each one's payment is worked out from the holding they had. The schedule keeps running until the last coupon is paid.

One schedule covers the whole life of the instrument. You do not create a record per payment; you create the schedule once and the payments follow.

Voting is how you have a say in company decisions. Your voting weight is the number of tokens you held when the snapshot was taken.

A resolution is authored, approved, and then frozen against a holder snapshot. That snapshot fixes everyone's voting weight — trading after it does not change your vote.

Resolutions come in two kinds. A binary resolution is For or Against. An elective resolution offers between two and ten custom choices.

Ordinary resolutions pass on a simple majority of votes cast. Special resolutions must also clear a quorum and a higher threshold before they can pass.

After voting closes the result is finalized — a separate approval track from the authoring one, so a resolution can be approved but not yet finalized.

Every action has its own page under Corporate Actions in the sidebar, showing the ones that apply to tokens you hold.

Open any of them and press the ⓘ beside the page title for that action's full guide — what it means for you, the words it uses, and the stages it moves through. Anything needing a decision from you will say so, with its deadline.

The word ‘wallet’ is the one piece of jargon the platform cannot avoid, so here is the whole of it.

Lydiaan works with MetaMask, a free browser extension. If you do not have it yet, these are the steps; the primer on your dashboard walks you through the same ones and notices when the extension is ready.

Connecting raises up to three MetaMask dialogs. None of them can spend anything.

Your wallet is yours, so there is no deposit for Lydiaan to offer and no balance for us to credit: you top the wallet up yourself, and an offering takes the payment from it when you sign. These are the facts that trip people up.

Your Lydiaan account is protected by your password or your Google sign-in; your holdings are protected by your wallet's key and recovery phrase, which Lydiaan never sees. Nobody from Lydiaan — support included — will ever ask for your recovery phrase, your private key, or a signature that moves funds. A message that does is not from us.

Your profile page holds your details, your linked wallet address, your display preferences and the theme. Sign out from the account menu at the bottom of the sidebar when you use a shared computer.

Documents reach you on token pages (the Documents tab), on company pages (Disclosures and Documents) and on voting events. Each is shown as a version — name, type, version number, size and the date it was deployed — with its standing: Current, Superseded by a newer version, or Revoked.

Beside each one you can view it, download it, copy its hash and its IPFS reference, and press Verify on-chain, which asks the public document registry live whether that version is still valid. A Versions sheet lists every deployed version of the document, newest first.

The public verifier needs no account and never uploads your file. Drop a document you were given — from Lydiaan, an issuer, or anyone — and your browser computes its fingerprint locally and asks the registry on the blockchain whether those exact bytes were anchored. You can also paste a hash quoted on a proof page.

Three answers are possible. Verified: these exact bytes are anchored and the entry is current. Superseded: the file is genuinely one that was published, but a newer version has replaced it — ask the issuer for the latest. Not found: it was never anchored, or the bytes have changed since; even a single edited character produces a different hash.

A league operator — an issuer company — tokenizes a league, its teams and individual matches. Each token is an ordinary units instrument, called a ticket in the sports portal, and it is bought, held, traded, voted with and bought back through the same engines as any other token. There are no odds, results, pools or payouts on match outcomes: a match ticket is a subscription unit whose sale window is tied to the fixture, and sales close at least an hour before the toss.

Sports settles in LYD from your platform balance rather than from your wallet, so the sports portal has its own wallet page for topping up and its own portfolio, history and voting pages. You leave a position by trading it on the secondary market at any time, or by taking up a buyback the operator runs.

The explore strip on your dashboard also leads to entertainment and real estate, each with a dashboard that says plainly when the sector has not launched yet, and to InterestPerDay, the fixed-income channel, whose explore dashboard you can browse before you verify.

What is being issued, sold and held.

Identity, custody and the on-chain side of the platform.

What can happen to a token after it is issued.

The contact page reaches the Lydiaan team for account questions, a declined or lapsed verification, an order that did not settle, or anything else about your own account. Say which token and which page, and paste any message the platform showed you — the exact wording is usually enough to find the cause.

Support will never ask for your password, your recovery phrase or your private key.