It's bringing the multi-trillion $ asset management sector on-chain for #DeFi.
No code vault creation utilizing any asset to create any type of strategy.
One click deposit and passive #realyield generation for investors. 2/14
🕴️ In #TradFi the average person does not have the time or knowledge to invest effectively.
Instead they invest in indices, or ETFs, or give their money to an asset manager or hedge fund.
The objective is to deposit money, let a professional manage it, and receive returns. 3/14
😕 #DeFi is no different, if anything it's more complex - staying on top of trends, bridging, re-balancing etc. It's hard.
The average current (and future) user wants a simple way to access these strategies and returns without having to do it themselves. 4/14
❎ This need is currently met by the launch of multiple individual protocols often designed to serve a limited number of strategies.
This requires an entire infrastructure, often a new (superfluous) token, and the strategies are protocol run, inflexible and siloed. 5/14
🤓 @FactorDAO takes a new approach. It integrates (potentially) any and all #DeFi assets.
It acts as an infrastructure layer enabling anyone to easily combine any of these assets to create any totally unique instruments/strategies/vaults. 6/14
✅ Vault creators (asset managers) can use this to create passive or actively managed strategies to hedge positions or generate yield.
Want to create a delta neutral strategy using #Dopex options and #GMX perps? Or got a $GLP strategy? Launch it on @FactorDAO. Easy. 7/14
💰 Vault managers earn management fees (based on TVL) and performance fees (based on profit). @FactorDAO takes a cut of those fees (revenue model).
Vault depositors get easy exposure to multiple professionally managed yield generating strategies. 8/14
🧰 Protocols that integrate with @FactorDAO gain a wider audience/use case/TVL for their products.
Treasury managers can use it to manage or hedge their treasuries.
Aspiring on-chain asset managers can gain an audience and build on-chain track record. 9/14
🤝 We're making it happen. The public sale is in 5 weeks (starting 20 Feb, announcement incoming).
Our ambassador and vault partner programme is about to be launched.
We're already in discussions with 10+ major #Arbitrum protocols about integrations and partner vaults. 10/14
🔨 Following the public sale we will be launching with a very robust first iteration of the product (with plenty more to come).
The vault, staking and token contracts are near completion and ready to go into audit in the coming weeks. Exciting times ahead! 11/14
🧑🤝🧑 Tagging some smart guys who like/might like @FactorDAO:
I do my own extensive due diligence before engaging with any project, as like many of you I am wary of the risks in the crypto space.
Here is my position on the points raised. /1
Kurapika was open about his past experiences in crypto with me from day one, totally unprompted.
He tried to launch DAO Nation, it was in a bear, it didn't work out, he didn't financially benefit from it. /2
He also did run a VC backed ICO ratings firm back in 2017/18 (I've verified this). The intention was to provide research to highlight both the risks and opportunities of various ICOs.
ICOs died with the last bear market and so did his business. It happens. /3