The decentralized finance(Defi) space has experienced a significant leap in its overall growth and total value locked over the past few months. However, with this significant growth and rise in the number of defi projects comes an array of problems to the investors ranging from project-related issues like poor user experience, anonymous founders, inexperienced teams, to portfolio management issues such as; what to invest in, when to invest and how to optimize return on investments as well as secure your investments. These issues bother a vast majority of investors and leave them wishing there was a one-stop go-to place to get recommendations and scan through opportunities in the Defi space while also not compromising their security. While these problems might seem impossible to solve at first, there seems to be light at the end of the tunnel as a new defi platform has taken the bull by the horn by redefining defi investing and making it ridiculously simple! This platform is DAOVENTURES
WHAT IS DAOVENTURES?
Daoventures is a defi platform that is poised at making Defi investing look like a walk in the park. It is a decentralized autonomous organization that focuses on helping liquidity providers (investors) to invest in defi assets as a pooled asset manager. Simply put, you can call them your automated money manager! They function primarily as a defi centered platform with security, interoperability, and network effect at their core and with the aim to offer defi users easy access to a plethora of defi products and opportunities ranging from unbiased Robo advisory, yield farming aggregation, funds management, structured products, and down to decentralized insurance, etc.
WHAT’S SPECIAL ABOUT THEM?
I know that’s the next question on your mind right now as I had the same thought when I first discovered the project. Well, DAOVENTURES sources deals and investment opportunities to make you (liquidity providers) rich! They are different from your regular projects in the Defi space in diverse ways which include but not limited to;
1. Deep expertise in the crypto market: unlike several projects out there lacking the technical know-how, DAOVENTURES provides “beautiful” recommendations and capital deployment on your behalf into defi investment for optimum return through their deep expertise in the crypto market.
2. Cash flow from digital assets: with Daoventures, you (investors) are able to generate yields/ returns from your preexisting digital assets and get yield by participating in defi investments.
3. Eliminated counterpart Risk: when you use daoventures, your funds for investments stay in your wallet, and thus counterparty risk is minimized.
4. Reputable Technology team: The DAOVENTURES team is highly reputable as is evident from the team’s rich résumé and the fact that they previously built predictive data analytics on the cryptomarket.
WHAT DO THEY OFFER?
Some of the exciting features of the platform include;
2.Automated defi manager
3.Lending/borrowing and AMM
WHAT EXCITES ME MOST ABOUT THE PLATFORM?
The platform in itself is designed to give you a worthwhile experience. Some of the exciting features are;
1. Simplicity: the platform is so simple yet sophisticated and gives you the ability to browse recommended investment strategies as well as select, approve and invest automatically.
2. Non-custody and self-approval: DAOVENTURES do not hold the user’s capital. So you can interact & approve transactions individually thus keeping you in charge of your money.
3. Reduced gas fees: with their pool investment model and better gas calculations, investors save gas up to a very large extent.
4. Secure & Trusted: DAOVENTURES boasts of transparent, professional fintech and cryptocurrency team as well as verified smart contracts so you can be rest assured you’re dealing with a trusted entity.
ANY INFO ON THE TEAM?
The DAOVENTURES team is fully public and thus you should be rest assured that your investments are safe. The team’s strategy lead is Alvin Foo, who is in charge of strategy, business, and marketing, while Victor Lee is the product lead. Further info on the team and other useful links can be found below.