Proposal 42: New Investment Pools
Summary
Following with Powerpool’s new vision, I have been researching on new pools that could be created and managed through Poker Agent.
18 ideas of pooled investment tokens covering key trends from the crypto space, with multiple compositions leveraging Balancer Pool Tokens (8,16,24).
“Index” Names: Crypto, DeFi, Smart Contracts, Data, Oracles, Exchanges (CEX/DEX), Borrow & Lend, NFTs & Gaming, Memes, Unpopular.
Motivation
Top Asset Management Firms are operating the following ETFs on the US market.
Blackrock 392 ETF holding 2,3$ Trillion.
State Street 133 ETF holding 1$ Trillion.
Vanguard 82 ETF holding 1,85$ Trillion.
Invesco 233 ETF holding 355$ Billion.
And from all over categories like S&P, Dow, ARK Innovation, Emerging Markets, Nasdaq, Financial Services, Health, Tech, Bonds, Long/Short with leverage…
But I think the crypto space still needs some benchmark to compare with. As of today the only index that has managed to attract deep liquidity has been $DPI with +150M TVL. IMO, it is a good index. I’d do it different as you’ll see. But I think it also got so much support because of the name. We all go to the same place to see how DeFi is doing on Eth, so a logical step would be to create a token that tracks DeFi on Eth.
That’s why I think that the crypto space still has lots of gaps to cover. There is lack of Smart Contracts, Crypto, Exchanges, Data or lending investment pools to name a few… And the market cap and volume of those coins is considerable.
If it attracts sufficient attention & liquidity any pool can become the benchmark metric to compare those markets. Which I think will continue to grow as time passes. And that would enable further composability like Borrow & Lend, no slippage trading, insurance, strategies…
Specifications
Indexes based on top emerging sectors of the Crypto world. Every Index is well diversified across top notch assets on their niches. Currently the crypto world lacks an ETF-like product that tracks the performance of the following sectors, and that would be a first-mover advantage.
Here you can see the full 18 indexes.
Crypto Ecosystem Index (8,16).
DeFi Index (8,16,24)
Smart Contracts Index (8,16,24)
Data Index (8,16)
Oracles Index
DEX’s Index (8,16)
CEX Index
Exchanges Index
Borrow & Lend Index.
NFT & Gaming Index.
Meme Index
Hate/Unpopular Index.
More tokens on the Indexes.
Leveraging Balancer’s 8 token pools we could create indexes composed of 8,16 and 24 assets that could be used for swaps too with constant rebalancing.
Further Composability for YLA.
It is the first yield generating Index, having exposure to high return Yearn Vaults, should be exploited.
New Indexes containing YLA: Bitcoin / YLA (50/50)
Ethereum / YLA (50/50)
Bitcoin / Ethereum / YLA (33/33/33)
DeFi (8) / YLA (50/50)
Smart Contracts / YLA (50/50)