Say goodbye to high fees and lack of transparency in asset management.
Introducing @FactorDAO offers a decentralized, transparent, and low-cost alternative ; The next best thing in the world of DeFi
A thread🧵, RT for others👇
Introducing @FactorDAO offers a decentralized, transparent, and low-cost alternative ; The next best thing in the world of DeFi
A thread🧵, RT for others👇
I promise to make this thread as simple and exciting as possible.
Introduction
The Problem
@FactorDAO as a solution
Features
Usecases
Tokenomics and utility
Roadmap
Conclusion
Introduction
The Problem
@FactorDAO as a solution
Features
Usecases
Tokenomics and utility
Roadmap
Conclusion
@FactorDAO is a platform that democratizes asset management by giving bright minds the tools to showcase their abilities and build financial instruments
They aim to create an easy-to-use UI for purchasing or designing products catering to various risk and investment criteria.
They aim to create an easy-to-use UI for purchasing or designing products catering to various risk and investment criteria.
Problem: The traditional asset management industry is plagued with high management fees, lack of transparency, and centralized control.
. @FactorDAO as the Solution
Factordao is a decentralized asset management platform that allows users to create & manage custom pools, earn rewards, access a wide range of assets, & has low fees & decentralized governance. Built on a secure smart contract technology.
Factordao is a decentralized asset management platform that allows users to create & manage custom pools, earn rewards, access a wide range of assets, & has low fees & decentralized governance. Built on a secure smart contract technology.
Here are the features and Use Cases
Features:
•Tokenized Baskets
•Yield Pools
•Derivatives
Features:
•Tokenized Baskets
•Yield Pools
•Derivatives
Use Cases:
•Asset Management
•Treasury Management
•Investors
•Asset Management
•Treasury Management
•Investors
Tokenized Baskets:
Factor allows you to tokenize any basket of assets easily without giving up control. Think of them as indexed positions, but with any combination of assets.
Factor allows you to tokenize any basket of assets easily without giving up control. Think of them as indexed positions, but with any combination of assets.
How it works:
•Basket creators design a strategy
•Creators set performance and management fees
•Investors contribute capital to baskets
•Investors receive tokens representing their position
•Factor provides performance and risk metrics for investors to evaluate strategies.
•Basket creators design a strategy
•Creators set performance and management fees
•Investors contribute capital to baskets
•Investors receive tokens representing their position
•Factor provides performance and risk metrics for investors to evaluate strategies.
Yield Pools:
•Factor enables creators to launch lending and borrowing pools.
•Pools are customizable to cater to different risk tolerance.
•Risk is contained to each individual pool, avoiding contagion.
•Pools are siloed to ensure safety.
•Factor enables creators to launch lending and borrowing pools.
•Pools are customizable to cater to different risk tolerance.
•Risk is contained to each individual pool, avoiding contagion.
•Pools are siloed to ensure safety.
Derivatives:
•Create, trade, and settle derivatives for any underlying asset.
•Derivatives can include both real-world and digital assets.
•Use derivatives to hedge positions, collateralized by any ERC-20 token.
•Secondary market trading of derivative positions is possible.
•Create, trade, and settle derivatives for any underlying asset.
•Derivatives can include both real-world and digital assets.
•Use derivatives to hedge positions, collateralized by any ERC-20 token.
•Secondary market trading of derivative positions is possible.
Usecases:
•Factor simplifies asset management with tokenized baskets of any ERC-20 token, customizable rules, permissions & fees. Build AUM & establish on-chain track record, launch yield aggregators without coding!
•Factor simplifies asset management with tokenized baskets of any ERC-20 token, customizable rules, permissions & fees. Build AUM & establish on-chain track record, launch yield aggregators without coding!
•Factor simplifies DAOs' treasury management with a variety of markets, tokens, customizable permissions, and the ability to create pools. Deploy diverse investment strategies incl. risk management using derivatives!
•Investors get access to a wide range of investment options incl. passive/active strategies, indices, & thematic investing with their simple & gas-efficient protocol. Plus, permissionless origination of derivatives contracts for creating new deals without third-party approval
Tokenomics and Utility
$FCTR max supply is 100M and it's tradable
Using Ve tokenomics model, $veFCTR will be the non-transferrable token that is earned by staking & locking $FCTR
Which means Longer lock-up periods will yield greater $veFCTR
$FCTR max supply is 100M and it's tradable
Using Ve tokenomics model, $veFCTR will be the non-transferrable token that is earned by staking & locking $FCTR
Which means Longer lock-up periods will yield greater $veFCTR
Usecase of $veFCTR
•Create and vote on DAO proposals with $veFCTR
•Earn 50% of platform fees proportionate to $veFCTR ownership
•$veFCTR structure protects the protocol from manipulation and mercenaries.
•Create and vote on DAO proposals with $veFCTR
•Earn 50% of platform fees proportionate to $veFCTR ownership
•$veFCTR structure protects the protocol from manipulation and mercenaries.
Roadmap:
Q1 2023
- Mainnet launch
- Factor Open
- Public Sale
Q2 2023
- Native synthetic assets
- Multichain
- SDK
Q1 2023
- Mainnet launch
- Factor Open
- Public Sale
Q2 2023
- Native synthetic assets
- Multichain
- SDK
Q3 2023
- AMM
- Native asset tokenization
- AMM
- Native asset tokenization
Conclusion
Get $FCTR in the FactorDAO Public Presale on @CamelotDEX starting 20th Feb, 2023 at 18:00 UTC for 5 days. It's a Price Discovery Auction with a starting price of $0.10 for 10% of the total token supply.
Get $FCTR in the FactorDAO Public Presale on @CamelotDEX starting 20th Feb, 2023 at 18:00 UTC for 5 days. It's a Price Discovery Auction with a starting price of $0.10 for 10% of the total token supply.
Still wanna know more about it, visit their website: factor.fi
Or listen to this space☝️
Or listen to this space☝️
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