Defy Hedged Pool
iob Defy Hedged Pool is one of the first tokenized, actively managed DeFi hedged pools in the world. Defy will invest in derivatives of non-correlated asset classes including cryptocurrencies, commodities, and stock futures. The objective of the Defy Hedged Pool is low-risk, stable growth with a targeted annual return in the low double digits.
Based on an Aragon DAO, Defy Hedged Pool is a professionally-managed hedged pool that operates entirely on the blockchain. Besides enabling accounting, auditing, and account management on-chain, Defy is powered by a smart-contract-native trading system that directly interacts with Uniswap, Synthetix and Balancer. The pool’s assets are safely kept in its own smart contracts and in some cases, trades are executed with 0 slippage.
Fund pool name | iob Defy Hedged Pool |
Hedged pool smart contracts | |
Network | Ethereum Mainnet |
Investment objective | Stable growth |
Investment strategies | Quantitative, both long and short |
Management fee | 2% |
Performance fee | 20% |
Hurdle rate | 12% |
Contribution | ETH and/or DAI |
Assets traded | Cryptos, stock indices, and commodity futures synthetics |
Starting NAV | $1.0000 |
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Current investor pool | Defy Fund Pool #1 |
Pool token | DEFY-1 |
Token address | |
Contribution cutoff | 31 March 2021 |
Staking | 12 months |
Total cap | 2,800 ETH |
Minimum investment/staking | 0.25 ETH |
Staking APY | 28% FI token reward |
Staking payout | 31 December 2021 |
Staking credit | Pro rata |
Early redemption | 1% redemption fee and staking Reward forfeiture |
Redemption at or after payout date | 0% redemption fee + Staking reward pro rata |
Token/share transferable? | Yes |
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Next investor pool | Defy Hedged Pool #2 |
Pool token | DEFY-2 |
Contribution cutoff | 30 June 2021 |
Staking | 12 months |
Total cap | 5,000 ETH |
Staking APY | 18% FI token reward |
A video tutorial can be found here:
