Digital Finances for Community with DAOventures
The world of finances has witnessed an unprecedented change, a change that has given people financial alternatives to face traditional economy. Cryptocurrencies have given people a very effective way to fight against traditional financial system, an enslaving and archaic system; a system characterized for taking away free time and tying people to companies and institutions.
Within this economic revolution ruled by concepts such as Blockchain and Cryptocurrencies, there is a world of ramifications that supports the digital finances of the new century. But not everything can remain static; within this revolution there is a constant change, a development of structures, protocols and platforms in order to make it easier for people to enter in the field of cryptocurrencies. Is at this point, where platforms like DAOventures plays a very important role and will create a strong trend in investment markets.
DAOventures as it says in its docs, is a multi-chain DeFi investing platform which features make it the ideal place for fund managers and crypto investors. This platform represent a whole new level in all related to automated strategies to maximize profits thought yield farming. What tries to say here is that this platform is an all in one place so users can work with the latest technology in blockchain to watch the growth of their investments. For traders; the best DeFi portfolios that provide them outstanding profitable ETF strategies and for fund managers; the perfect environment to manage and automatize their DeFi portfolio strategies.
Both of the best things to remark of this amazing ecosystem is the experience and knowledge the core team and advisors have about blockchain, cryptocurrency, Investment, ETF and all the features that form the life of this project. It is amazing all the elements, innovation and technology the team has unified in order to build a strong ecosystem that will provide big profits to users in a safe way with the best security standard. Each team member is in total resonance; in this way they can target efforts and work toward the success of this project.
The other thing that will be very attractive to the community is the level of confidence the team wants to give to the world by providing a safe platform. To reach this goal we found that the project is totally secure and it is audited and verified by Zokyo, Inmunefi, Certik and Hacken. This speaks very well of the security of this ecosystem because users will work with peace of mind and without worries of any kind and that is something very valuable that not all platforms can provide to users.
DAOventures offers users a lot of features and financial tools to generate income. In this line of ideas, we have one of the best features of this platform which is DAO CITADEL. It is an investment strategy which purpose is to provide interoperability and exposure to Bitcoin, Ethereum and others ERC-20 altcoins while allowing big returns thought yield farming by providing liquidity to DEXs and lending protocols. The basic concept in order people can understand the performance, is to provide liquidity in established pairs to platforms like SushiSwap, CRV, Pickle. The portfolio is established with the following structure: Bitcoin, Ethereum, Ethereum-based Alts and Stablecoins; each one has its own weight.
This concept has great benefits because of the design of its performance; users can have several sources of income like price appreciation on the crypto assets held, trading fees for providing liquidity to the DEX and yield farming rewards.
The rewards earned from the yield farming of all pairs established are sold and used to buy back more LPs so users can watch the growth of their investments. This is an automated performance and it is done by DAOventures smart contracts.
There is a risk associated to this feature. Impermanent loss is always present because it is hard to imagine the behavior of the value of each asset on the pair selected so this is a risk that users must know about when working with DAO CITADEL. Any way the strategy is very effective, innovative and uses the magic of automated compounding in order to provide great returns. This strategy is compare directly to BTC and ETH returns because of the effectiveness of its performance.
DAOventures definitely makes it easy the working with DeFi products and services for the community. No matter the experience level a person can have. It can be in early stages of crypto journey or it can be an experienced investor; it is very easy to enter, because it provides a friendly environment. This is what traders, investors and crypto lovers look for in a platform, a place where every feature can work at the best level creating a profitable ecosystem. I personally think this platform can be the leader of a new age of digital finances, everyone can have a place in DAOventures.
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