hoeem
hoeem
LINK+5.01%
ENS+5.49%
SUSHI+5.24%
UNI+5.25%
AAVE+3.52%
LDO+9.55%
CRV+6.08%
BTC+3.38%
I just used the ERC-7621 tech to create a “DeFi ETF” which is super cool, ticker $DEFI: It consists of: > $LINK > $ENS > $CRV > $SUSHI > $UNI > $AAVE > $LDO > & of-course $ALVA When more tokens become available for ERC-7621 then I can see this taking off as people can create narrative focused ETFs on: > DeFi > DeSci > DeFAI > Buybacks > Perps > Stablecoin protocols The list is really endless, or you could have a portfolio manager that updates the tokens as they’re going to try outperform BTC. Honestly, super impressed, it’s a blessing to be working with the @AlvaraProtocol team and getting a chance to make a “ETF”!
Alvara
Alvara
ETFs changed finance by bundling assets into one tradable wrapper. But they’ve always been curated by gatekeepers. ERC-7621 brings that model onchain, with all the benefits of DeFi. One token = one basket of assets. Built, managed, and traded by anyone.
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