Roadmap

Roadmap

V1 (current)

A fund protocol with screening criteria for tokens and protocols to invest

In DeFund Protocol V1, we focus on asset security, so we increase the screening of investment tokens and interaction protocols in DeFund, and screen out relatively safer investable tokens and interaction protocols for users.

At the same time, the protocol also has many core functions, such as:

Uniswap V3 Exchange & Liquidity Pool

In V1, the DeFi protocol that supports interaction is the exchange and liquidity pool of Uniswap V3. After fund creation, GP and OP can execute asset exchange and liquidity pool operations as they would with the Uniswap Dapp.

High utilization limit order

DeFund also provides the common limit order function of centralized exchanges, which facilitates GP to arrange fund layout in advance according to market fluctuations and seize potential opportunities.

In addition, different from the limit order of traditional CEX, DeFund's limit order improves the utilization efficiency of funds, supports the creation of multiple limit orders for the same asset, and helps GP to increase more trading opportunities.

Fund data

In order to make the operation of the fund more transparent, DeFund has collected various fund information, specifically as follows:

1. Fund net worth & size

The data of net worth and size of the fund are counted according to the dimensions of day, week, month and year, and the historical operation of the fund can be seen by switching between different dimensions.

2. Transaction records & Gas fees

By recording the trading behavior of GP & OP, all the trading operations of the fund and the Gas fees used in these operations are calculated, which further increases the transparency of the fund operation.

3. Fund announcement

GP can announce information regularly according to the operation of the fund, and all LPs can comment and reply to the announcement of the fund, so as to timely understand the changes of the fund and increase the stability of the fund.

Transaction notification

DeFund users can bind Email and Telegram accounts to receive notifications.

  1. The trading behavior of the fund

    Both GP and OP can be notified in time, which can play a good role in mutual supervision. Once there is any abnormal trading operation, it can be discovered in time.

  2. Announcement of the fund

    When GP announces new information, all personnel related to the fund (including fund managers, operators and investors) will be notified and can participate in the interaction of the fund announcement.

  3. Fund manager adjustment

    When the fund changes the fund manager, all the staff including new and old fund managers, operators, and investors will receive the notification, learn about the major changes of the fund, and decide whether to continue to participate in the fund.

Immediate redemption

All funds in DeFund support the immediate redemption function for LP. GP needs to pay attention to the priority setting of asset redemption when managing funds. When LP is redeemed, it will automatically sell assets to reach the number of LP redemption according to the priority set by GP.

Stepped Carry

The fund can not only set a single carry ratio, but also set a more advanced ratio, such as 10% for 20% of profits, and 30% for 20%~50% of profits, so as to achieve better incentive purposes.

The fund parameter cannot be changed

Once the fund is created, the parameters such as token, protocol, management fee and carry that support interaction cannot be changed, which is a fixed contract. The values of these parameters will not change until LP exits. Therefore LP does not need to worry that its own interests will be changed due to the mutation of these parameters.

V2

No restrictions on investment tokens and protocols, upgrade into a smart contract wallet for decentralized DEX and DeFi investment management

Programmable fund operation

V1 GP mainly operates in the form of interface. In V2, we want to give GP, OP & LP greater fund management possibility and increase the programmable fund operation, GP & OP can set its own trading strategy, so that the fund can automatically run according to the set strategy, for example:

Token Swap

  1. For the existing token of the fund, you can set the buying and selling strategy of the token, for example:

a. Sell a certain amount (proportion) of tokens when the token price rises to a certain level

b. When the token price falls to a certain index, buy a certain number of tokens again, or sell a certain number of tokens

  1. For the token that the fund does not have, you can set the monitoring to buy the token after the token reaches the monitoring price
  2. The existing tokens of the fund are converted into each other when a certain price-to-conversion ratio is reached

LP operations

  1. When the profit (loss) of the pool exceeds a certain indicator, part of the liquidity is removed and converted into a certain token

One-click asset conversion

  1. When the net value of the fund drops rapidly, one-click to quickly convert assets into local currency to avoid losses
  2. When the value of a certain token rises rapidly, one-click transfer assets to the token to obtain higher returns

At the same time, based on multi-party data analysis, the above three single strategies can be combined into a combined strategy to obtain greater benefits. This will also be one of the goals of V2's continuous iteration. Through better strategies, both GP and LP can obtain higher returns.

More powerful investment statistics

In V2, more powerful statistics functions will be added first, not only to make fund information public and transparent, but also to help GP manage the fund well and empower GP. The initial idea is to add the following features:

  1. Current investment earnings analysis data
  2. Fund warning information
  3. Uniswap pool revenue statistics

More DEX & DeFi support

V2 is being designed with support for more DEX & DeFi protocols to help funds diversify their revenue sources, including lending, staking, leverage,etc. Let DeFund release greater and more possibilities through XXX & DeFund. In short, V2 will bring more gameplay to users and help users earn more money.

Cross-chain asset investment support

While V1 only supports Ethereum, V2 will attempt to support cross-chain assets, currently cross-chain implementations are available in two ways:

  1. Multi-chain support, DeFund contracts are deployed on multiple chains. Different DeFi protocols are maintained on different chains. DeFi contracts that are deployed on multiple chains are initially connected.
  2. Cross-chain assets, the continuous improvement of cross-chain bridge facilities such as Wormhole and LayerZero, DeFi applications can manage assets across the chain investment operations, and the AAVE V3 cross-chain assets feature is a good experiment.

The specific cross-chain mode supported by V2 needs to be investigated and a suitable implementation mode needs to be selected according to the ecological development situation and future trend.