Future Roadmap of DAOventures

Dec 17, 2020 -
4 min read

DAOventures is an automated money manager for decentralized finance (DeFi). We help the investors and liquidity providers to get the best return from their crypto investments by solving the existing problems in the industry.

As a pooled asset manager DAOventures invest in the best performing DeFi assets with the help of smart contracts and automated robo-traders.

DAOventures aims to provide a simple, secure, trusted, and a savvy system where everyone can invest their crypto in a single dashboard with self-custody and self-approval by getting the best returns.

With an expert and professional team in Crypto & DeFi, DAOventures has a clear roadmap for its future activities. Let’s have a look at the roadmap-

Early Q1 2021

DAOventures will introduce its primary product ‘Automated DeFi Manager v1’ as a basic investment strategy. We are planning to launch 5–10 different asset manager products.

Automated DeFi Manager v1 is a simple-basic algo strategy that deploys user’s cryptocurrency to the best yield aggregator through USDT. This strategy for lending platforms that rebalances for the highest yield during contract interaction. This algo will automatically lend to the highest lending rate on Compound, dYdX, or Aave (Popular lending-borrowing platforms) by receiving the highest yield.

Late Q1 & Early Q2 2021

DAOventures will be working to launch some more asset manager products. We intend to introduce several more products by leveraging more stable-coins and proven algos. Firstly, we will work to introduce DAI, USDC, TUSD stablecoins, and wrapped BTC in the Automated DeFi Manager v2. This robo-strategy will also work with the best crypto lending and borrowing platforms.

We will launch our DVG governance token to incentivize liquidity. This will also facilitate the liquidity providers to cast votes and bring changes to the product, protocol, or to community growth. This will be a work in progress and we will be copying from the best of the best approaches that are existing in the DeFi ecosystem currently to avoid unnecessary technical risk and proven to work.

The governance token will be available on decentralized and centralized exchanges to promote liquidity and product awareness. When LP provides liquidity to DAOventures product strategy pool, LP token; ‘dao_usdt’, will be minted by the DAO smart contract which can be staked in the DAOventures governance smart contract to farm for DVG tokens.

With the growth of market acceptance, growth, and timing, we will be working to introduce more advanced strategies to enable users to increase with APY% yield. For example, structured products with delta-neutral strategies and/or long & short on AMM liquidity pools for various top-performing pairs on different DeX.

After a successful operation over this time period, we would like to introduce more features and services by making the team more stronger and diverse in 2021 and beyond.

For example-

Partnering with wrapped BTC and other protocols for interoperability.

Launching more money market solutions and decentralized financial products.

Onboarding critical role; CMO, Legal, Compliance, CTO, GM India, GM China.

Cross-platform mobile dapp with web3 crypto wallet.

Raising funding round for strategic growth; licensing, India & China expansion.

Localization of the solutions & product with multi-language capability.

Apply for Singapore MAS payment services act license for compliance.

We are a group of technologists, early crypto-participants, and passionate about making a better world by democratizing DeFi investment and accelerating the transition to the future of money by making DeFi simpler, accessible & inclusive.

This roadmap helps the core team to focus and align the KPI with priorities. Plans and strategies can be changed depending on the market condition, timing, evolving technology, and of course, with the community governance vote.

About DAOVentures

Regular crypto investors struggle with the difficulty and complexity to interact with DeFi protocols. Best strategies require constant monitoring of performance, multiple protocol composability, managing risk vs reward ratio, and auditing smart contract security. DAOventures is the simplest and best tool to invest and manage your DeFi portfolio.

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