Thread by @archon_0x

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@BrokkrFinance 🟢 will soon open its gates on #Avalanche, simplifying the access to #DeFi through diversified #investment portfolios.

I was able to meet the team, try the product and I summarised my findings in the article below 👇

$BRO $AVAX $RUNE

link.medium.com/HBVVXwdXUsb

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@BrokkrFinance originally started out on @terra_money but after the catastrophic events in May during which the #Brokkr team could salvage most of their treasury, they decided to set shop initially on #Avalanche before expanding to additional blockchains in the future.

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After the #Terra collapse, the @BrokkrFinance team told me that they wanted to avoid any similar scenario again. They defined security and decentralization as two of the most critical decision criteria regarding a new underlying blockchain which led them to @AvalaunchApp.

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@BrokkrFinance's goal is to offer an automated, secure, and simple portfolio-based investment protocol that caters to a “laid-back” investment approach many retail investors are looking for.

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To achieve this goal, @BrokkrFinance, a decentralized protocol, offers multiple investment portfolios that automate the use of battle-tested #DeFi protocols.

Each investment portfolio consist of multiple strategies that utilize existing #DeFi protocols for yield.

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Investing in a chosen portfolio diversifies the funds across multiple strategies to mitigate the risk of underperformance or even failure of individual strategies.

Eventually, @BrokkrFinance will offer a range of portfolios, catering to different risk appetites.

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Initially, @BrokkrFinance plans to start with two different investment portfolios, rewarding investors in $USDC. These portfolios focus on sustainable and diversified returns mitigating market volatility based on proven yield sources on the #Avalanche network.

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Portfolio #1: Calm

The first portfolio available after the launch of the Brokkr platform will be called “Calm.”

The Calm portfolio will only be comprised of stablecoins, diversified into multiple liquidity pools, and staking options targeting 5% APY on average.

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Portfolio #2: Ambitious

This second portfolio to launch, called “Ambitious,” will consist of multiple delta-neutral strategies that will be neutral to price changes of the underlying assets, currently aiming for 15% APY.

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After these two initial portfolios are live, the team plans to focus on adding cross-chain capabilities as well as come up with portfolios that allow dollar cost averaging (DCA) to cater to investors who want to invest smaller amounts of money regularly.

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I had the chance to go through a test implementation of the working product together with the team as one of the first users ever. Investing into and withdrawing from the calm portfolio was a breeze as you can see in below demonstration.

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What distinguishes @BrokkrFinance from other #DeFi investment platforms is its unique treasury model.

The #Brokkr protocol treasury has three revenue streams:

1⃣ Success fee on strategies
2⃣ Yield generated by the treasury’s investments
3⃣ Swap fees from LP tokens.

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Returns from these revenue streams are reinvested into Brokkr’s portfolios as “Protocol-Owned-Capital.

The native protocol token $BRO plays an essential part here, as $BRO stakers lock their tokens in protocol — granting them a share of the treasury — to earn rewards.

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After the Terra fallout, the Brokkr team also took the time to optimize some of the protocol-related processes. One example is how unstaking $BRO token works.

Instead of staking and locking as initially planned, Brokkr is introducing a custom unstaking period.

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When a user stakes his tokens, they set a custom unstaking period ranging from 14–365 days. The longer the unstaking period, the higher rewards the user receives.

This provides stakers with the highest flexibility depending on their investment timeframe and risk tolerance.

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Currently, based on what the team told me, @BrokkrFinance plans the following order of events with the final goal to have an even better #DeFi investment experience live on #Avalanche. 👇

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1. Launch of the “Calm” Stablecoin Portfolio
2. Go live of the Brokkr DAO, including the $BRO liquidity pool and a $BRO Airdrop
3. Boosted Staking Rewards
4. Treasury Bootstrap Event
4. Delta-Neutral Portfolios

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5. 2nd Airdrop to Bulls & ThorGuards NFT Holders
6. Relaunch of the Brokkr NFTs
7. Bonding

Based on the current timeline, the launch of the Brokkr app with the first portfolio live will happen beginning of September.

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To follow @BrokkrFinance progress and join the community in discussing the future of the platform, check out the following sources and social media channels:

Website: brokkr.finance
Discord: discord.com/invite/CDNKYTD…
Telegram: t.me/Brokkrfeedback

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Disclaimer:
@BrokkrFinance has commissioned this article, and the author is an investor in the project. This statement is intended to disclose any conflict of interest and should not be misconstrued as an investment recommendation.