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

https://client.aragon.org/#/defy/

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

Current investor pool

Defy Fund Pool #1

Pool token

DEFY-1

Token address

0x7aF3B2B4093bd52309fE374C5FD05E215762c20C

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

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:

https://www.youtube.com/watch?v=ZEl5RcapLz8