Crypto DeFi is early-stage VC-type investment, requiring very broadly-diversified basket/index investments with high levels of automation to harvest intrinsic yield, capture the value of aggregated meta-governance power to expand options for also earning extrinsic yield, and create hedging options to offset volatility while harvesting rewards.
Off-chain crypto investment funds ask minimums that exclude all but very large portfolio investors. On-chain crypto asset management competitors offer only too-broad packaging of inflexible investment vehicles with mechanistic and passive weighting schemes, no flexibility to make frequent changes, no automation to auto-harvest intrinsic yield, and no hedging options...all at too high fees
Independent Analyst Coverage
Market Definition: Outlook for Decentralised ‘Baskets’/’Indices’ (from Bankless Dec 2020)
The Bull Case for Decentralized Index Funds
Dear Bankless Nation, We've talked about crypto indices a couple times so far (. We've even highlighted the best ones for your portfolio. These products could be one of the driving factors behind DeFi adoption-the way we cross the chasm.