Thread by @dextfprotocol

Fund ID: XTF.BCCBED
Name: Julian Richter
Launch date: 01-10-2020
Fund composition: $DAI (15%), $DEXTF (15%), $USDC (15%), $WBTC (40%), WETH (15%).
Uniswap: info.uniswap.org/pair/0xce15e1e… (1/7)

Info: DEXTF is an exciting asset here, successfully mixing governance and value accrual. WBTC and WETH give exposure to big chip cryptocurrencies which may provide steady growth, as DAI and USDT act as insurance against a fall in value of crypto against fiat currencies. (2/7)

The assets:
$DAI (15%): DAI is closely pegged against the US dollar 1:1. The process is facilitated by the Maker platform along with several other stabilization mechanisms. Dai claims to be a trustless and decentralized stablecoin, which cannot be shut down nor censored. (3/7)

$DEXTF (15%) @dextfprotocol: Decentralised Exchange Traded Funds allow for anyone to mint, trade and redeem non-custodial oracle-less digital-native funds. Whitelisted funds created receive rewards both in terms of AUM and for providing liquidity on a DEX pool against it. (4/7)

$USDC (15%) @tether_to: This cryptocurrency is a USD-pegged stablecoin. USDT is designed to provide protection from cryptocurrency volatility and is tradable on most exchanges. (5/7)

$WBTC (40%) Wrapped Bitcoin is an ERC-20 token backed 1:1 by Bitcoin. Essentially it is an Ethereum compatible Bitcoin. WBTC brings exposure to Bitcoin to the Ethereum ecosystem including decentralized exchanges (DEXs) and financial applications.(6/7)

$WETH (15%) Wrapped Ethereum is a form of Ethereum which allows ETH to be swapped with other ERC-20 Tokens in decentralized exchanges(DEX) on the Ethereum blockchain. WETH is transferable and backed 1:1 by ETH. (7/7)