A DeFi Fund
José Santos
I Think that would be a great idea, we can invest in the future of the economy and finance with an Index fund! DeFi is at the really beginings so a Index fund just now could be a great investment!
S A L M O N
I think this a very good idea. I would love to know what the ic teams thinks about a defi fund
Daniel Schwartzkopff
S A L M O N: Looking at some options here at the moment
S A L M O N
Daniel Schwartzkopff: Great, may i shill $WCRES $CRES (@CrescoFinSA on twitter) my FA looks promising but would like to hear opinion from professionals.
maaft
Isn't this maybe a bit late?
Edit: obviously it was not late at all :D
David Salter
maaft: IMHO, if anything it might be a bit too early. DeFi is the experimentation and proving ground for what will become Open Finance, the successor to Fintech. We have yet to see the full effect of regulation in the space, however there is definitely confidence for the future with Aave being granted an e-Money license in the UK by the FCA.
This is where I put my trust fully in Invictus to do their due diligence, ensure that they are including low(er) risk / good return protocols in to the fund and avoiding food token scams along the way.
Rubén Pérez
David Salter: Great argument. DeFi is only at the start and is a revolution. I agree on inclusion of respected projects not garbage food tokens. Only the real innovators like AAVE.
mc
yes - partly invested in the governance tokens of the major DeFi projects and staking/lending/borrowing for yield farming...could be choppy but could be tradeable too
Rubén Pérez
This will be amazing. But the DeFi capabilities such staking, lending, liquidity mining on incentives tokens need to be exploited not only pure index. Active investing with dividends and assets increase, maybe a performance fee. Make this profitable because DeFi is only beginning and will be BIG!!!
Marcus Abramovitch
I think this is a great idea
David Salter
This approach is great. I completely trust the Invictus team to DD projects as they have already shown what's possible with IHF.
This would get respectable DeFi projects that are here for the long term such as Maker, Aave and Compound in to an index and will probably outperform the recently released DefiPulse index on Tokensets.
Can a consideration be made for multi-chain DeFi projects? I am still on the fence with ETH 2.0 and whether DeFi is going to settle there or be split across multiple chains e.g. Ethereum, Cardano, Polkadot, Avalanche and even Bitcoin (with RSK or Liquid).
mc
David Salter:Ideally ‘hedge’ the bets