What is DAOventures? The DAOventures team’s mission is to make Make DeFi simpler, more accessible, and inclusive. DAOventures believes in creating a simpler, more accessible, and more open world that is permissionless, inclusive and guided by our DNA of continuous learning, integrity and transparency.
The DeFi space has seen massive growth in the past few years. At just the start of 2020, the DeFi space was valued at $1 billion but now it is worth more than $10 billion! The space has also been deemed as the future of finance and the next place to earn 100x returns. However, at the time of writing this article, the space is still quite nascent and just out of its infancy. The main reason for this is the easy accessibility which often leads to poor user experiences, inexperienced teams, and a whole variety of technical issues. We won’t dive too deep into the many issues, but if you want to learn about the existing problems that are apparent in the field, check out this article.
Now… to solve this issue faced by the DeFi space, one platform hopes to change the current landscape by providing a robo-advisory platform known as DAOventures. DAOventures is an robo-advisor and automated asset manager for DeFi. The platform basically will help you invest in DeFi products as a pooled asset manager. So with the help of technology, the DAOventures platform will ensure the most optimal return. If you know how a typical VC works, you can kind of think of DAOventures working in a similar way. Instead of sourcing deals and investment opportunities with actual human beings, the team behind DAOventures has built technology that will help discover all of these opportunities!
The Unique Features of DAOventures...
Enough said, let’s dive into what DAOventures is capable of. Quite simply one of the most impressive features of the platform is the easy accessibility towards DeFi products.
A Easy Way to the DeFi Space:
By simply clicking on the dashboard, you will be able to explore and evaluate the various DeFi assets available on the market. The simple design of the platform will also let you check historical returns and more!
Non-custody and Self-approval:
DAOventures will not hold onto the user’s capital. The platform enables self-custody for all users. So this means that users can interact and approve ‘smart contracts’ independently. Users have full control over their money.
Performance and Optimization:
All the investments on the platform are transparent on the blockchain. so users can also monitor their capital 24/7 by reviewing and optimizing their portfolio.
What exact products are available onboard?
The DAOventures platform looks to discover various ways to provide users with the most optimal strategies in creating wealth. A few products that are available includes…
Yield Farming allows the users to generate a yield by simply choosing a portfolio. Furthermore, users can choose from a wide variety of different yield farming strategies pertaining from low-risk + low-reward to high-risk + high-reward.
Automated DeFi Manager
The Automated DeFi Manager is a simple and basic way that deploys user’s cryptocurrency to the best yield aggregator through stablecoins like USDT, USDC, DAI, TUSD, etc.
Lending or Borrowing and AMM
With the rise of the DeFi market, Uniswap has reached extreme trading volumes that have exceeded various centralized exchanges. So DAOventures will be tapping into these platforms in the near future.
So why should you use DAOventures?
The DAOventures platform hopes to build one of the simplest and best investing tools for the DeFi space. You’ve probably heard of Robinhood with stock trading right? Robinhood truly transformed the trading of stocks with their easy to use application. You can think of DAOventures trying to achieve the same thing but with a different product. Furthermore, the team behind DAOventures spent countless hours researching, analyzing, and backtesting various DeFi protocols to deliver the best platform. Not convinced yet? Let me give you a few more reasons…
- The DAOventures platform is one of the simplest platforms out there. With the platform, you can browse various investment strategies and select whatever investment that best fits you!
- With every platform, security is a big issue. Moreover the technology behind DAOventures is audited, code reviewed, open-source reviewed, pen-test reviewed, and 3rd-party firm audited. That’s quite impressive!
- Another key concern for many users is the idea of “trust”. So the DAOventures platform is completely transparent and there are professional fintech and cryptocurrency teams that are available when needed.
- Now to encourage the user’s participation within the ecosystem, DAOventures has its own governance token. So the token will enable LPs to cast votes and make changes on the protocol. Furthermore, this means that the platform is completely controlled by those who stay true to the platform.
- And lastly, the platform saves gas. With the ‘pooled investment fund’ strategy and more advanced gas fee calculation methods, the investor is able to save up more on gas fees. So the platform truly has the users in mind when creating this platform!
The DAOventures platform is a one of a kind of a platform that will alter the DeFi space by allowing more people to participate in the DeFi space through good investments. So if you would like to learn more, feel free to check out their socials below!
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