DAO Tech Stonks — US Stocks in your DeFi wallet

DAO Tech Stonks

Investment Approach

The DAO Tech Stonks strategy takes advantage of the high incentives attached to being a liquidity provider (offered by Mirror Protocol) to allocate user assets into the synthetic stocks of the tech giants mentioned in this document already.

Allocations

  • 7.15% MAAPL
  • 7.15% MNFLX
  • 7.15% MGOOGL
  • 7.15% MTSLA
  • 7.15% MMSFT
  • 7.15% MTWTR
  • 49.95% UST

Portfolio Growth

Like have been said in this document, the incentives a user earns from yield farming these pairs would be compounded automatically by DAOventures smart contracts. This would ensure that the portfolio is rebalanced so that the strategy can reset back to its standard allocations as shown above. Ultimately, always maintaining a balanced allocation as a result of this.

Risks

A standard risk when it comes to providing liquidity on decentralized exchanges is Impermanent loss.

Fees

Besides the standard 0.5%-1% deposit fees and 20% profit sharing fees (see here for more details), there is a 10% fee on the yield farmed which is used to pay the gas fees associated with harvesting rewards and depositing LPs.

About DAOventures

DAOventures is a multi-chain DeFi investing platform for fund managers and crypto investors. Its mission is to make DeFi simpler, more accessible, and inclusive. DAOventures is a team of engineers, researchers, crypto-investors, DeFi & NFT adopters, and problem solvers who want to build and accelerate the future of money, together.

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DAOventures

DAOventures

DeFi ETF Index Fund, basket of auto-compounding LPs