Introducing, Cuban’s Ape DeFi Strategy

Introduction

Apart from Elon Musk, the other billionaire who has been a vocal supporter of crypto is Shark Tank’s Mark Cuban. This strategy automatically gives you a balanced allocation to some of his favorite DeFi & NFT alts.

The Meme: Cuban’s Ape

“We have chosen to [accept Dogecoin] because sometimes in business you have to do things that are fun, engaging and hopefully generate a lot of PR. So we will take Dogecoin, today, tomorrow, and possibly forevermore.”

- Mark Cuban, owner of the Dallas Mavericks

This guy gets the hype surrounding crypto!

Investing Methodology

This simple strategy is a long-only basket of alts that Mark Cuban has gone on the record to publicly support. User deposits will be allocated evenly into ERC20 versions of 7 coins and tokens. This portfolio is themed around the acumen of a billionaire who deeply understands tech cycles.

Allocations

  • 15% renDOGE
    Because his basketball team accepts DOGE for ticket and merchandise payment!
  • 15% MATIC
    He has made an investment (sum not disclosed) into Polygon, the internet of blockchains.
  • 14% AAVE
    The money market platform is one of his first forays into Ethereum DeFi.
  • 14% SUSHI
    Sushi has made his money and he found it easy to use.
  • 14% AXS
    Axie Infinity is one of the most popular blockchain games, with a bustling NFT marketplace.
  • 14% INJ
    Because it challenges Robinhood as a decentralized competitor.
  • 14% ALCX
    The internet peeked into Cuban’s Ethereum wallet and found out he was holding ALCX.

Growth

This portfolio balances automatically once a month to maintain an even exposure to all 7 coins. This is a long-only strategy and has no yield farming incentives.

Risks

This index includes many small-cap alts, whose prices are highly volatile. This strategy should be used in conjunction with other components that can help to stabilize your overall portfolio.

About DAOventures

DAOventures is a smart multi-chain DeFi asset manager.

DAOventures provides a wide range of automated DeFi investment strategies and helps people manage their DeFi assets so that everyone can enjoy the full benefits of DeFi investment with the click of a button.

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