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
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
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:
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