Transparency
One of the most incredible facets of DeFi protocols is the fact that everything operates with full transparency.
The goal of Fenture Finance is to create a decentralized, autonomous, self-learning asset management protocol for the emerging Web3 ecosystem – making crypto & venture investing accessible, straightforward and inclusive. The collapse of centralized entities such as FTX and Three Arrows have prompted the necessity of developing a capital fund that is 100% transparent. At Fenture Finance, we remain optimistic for the blockchain industry, and have designed a fully transparent ecosystem that serves the needs of its backers, token holders as well as the community.
Fenture Finance is community owned and monitored. All smart contracts, treasury addresses, and multi-sig wallets are public in our official documents – allowing users to have 100% understanding of the underlying assets of the protocol. Fenture Finance will automatically generate assets reports once the protocol is live.
Stage 1 – Fund Structuring
Our protocol allows users to bond-in various crypto assets to be Protocol Organized Assets (POA) for FFD at a discounted price – providing stability to the protocol and and yield generation opportunities for FFD holders.
- Bond-in (Performance based FFD bonus on bonding-in)
- Staking Function (Allowing users to stake FFD / LP tokens to gain yield)
- Auto buy-back function (Auto buyback based on Token price)
Highlights
- Provides a decentralized asset management protocol that utilizes a combination of governance and autonomous, self- learning portfolio management strategies to maximize returns on treasury investments; that includes holdings of major tokens and early stage projects.
- The Auto buy-back mechanism will be triggered once the FFD token price drop exceeds 20%.
- The Buy Back Amount will be based on the equation (Buy-Back-Amount = FFD marketcap/underlying assets * x)
- Fenture Finance provides full transparency on the underlying assets.
- The protocol fund is controlled by the protocol’s governance token – FFD
Stage 2 – Swap function with low slippage
The easiest way to understand this stage is to see it as a decentralized exchange. This stage’s main goal is to allow users to swap their tokens on either Aptos or Sui through it with low slippage. Our mission is to solve the current low liquidity, large slippage issue on Aptos and Sui, by pioneering the following:
- A Swap Function
- 3 Pool / Multi-pool staking
- Auto arbitraging
Highlights
- Partial funds of Fenture.io will be utilized to assure the liquidities of stablecoins on Aptos and Sui.
- Arbitraging will be partially automated via smart contracts; with discretionary developments from the dev team in unstable market conditions only.
- Provides extremely efficient stablecoin trades by implementing the invariant swap on Aptos & Sui, which will significantly lower the slippage for stablecoin trades in the current illiquid market on Aptos and Sui.
- Provides a Fenture pool which is an implementation of the invariant swap with 2 or more tokens.
Stage 3 – Bridge & Fund utilization
Fenture Finance’s AUM comprises of various crypto assets, including stablecoins, pegged assets, major tokens and early stage projects. At stage 3, Fenture.io will start integrating onto other chains, such as ETH and EVM compatible chains – the goal of this stage is to create a new type of AMM that allows for extremely efficient trading and hence lower the risks of non pegged assets across different chains.
Liquidity will be used more effectively by allowing the pool to readjusts its internal price to the highest liquidity region without creating losses for the pool.
Tokens that can be included: DAI/USDC/USDT/ETH/WBTC and more…
