DAO Metaverse

Metaverse and NFT are experiencing tremendous growth and the DAO Metaverse strategy aims to provide exposure to assets related to the Metaverse and enjoy additional returns by providing liquidity to third-party DEXs such as Uniswap and Sushi.

Allocations

Asset Name
Allocation
Exposure
Liquidity Pair
Platform
Reward
24 hr
change
AXS-ETH
20%
10% AXS
10% ETH
+67%
SLP-ETH
15%
7.5% SLP
7.5% ETH
+26%
ILV-ETH
20%
10% mAAPL
10% UST
+67%
GHST-ETH
10%
5% GHST
5% ETH
+67%
REVV-ETH
10%
5% REVV
5% UST
+44%
MVI
25%
25% MVI
+44%
All reward earned will be automatically sold and reinvested back into the strategy to maximise the compounding effect.

Strategy

The Metaverse Farmer strategy holds predominantly ETH, with the rest diversified among Metverse leaders such as AXS, SLP, ILV, GHST, REVV, and MVI. In addition to providing diversified exposure to the metaverse industry, the fund takes advantage of yield farming, by using funds to provide liquidity and receive fees in return on Uniswap and Sushi

This allows the overall strategy to not only benefit from the appreciation of the token price itself, but also enjoy the additional rewards offered by liquidity pools. All rewards generated by liquidity pools are then automatically sold in regular intervals and reinvested back into the LP for compounding.

Fees and Benchmark

‌There is a 0.5% - 1% fee charged per deposit (1% for deposits below $50,000 USD, 0.75% for deposits between $50,000.01 USD and $100,000 USD, and 0.5% for deposits above $100,000 USD). A 10% fee on the harvested reward (when collecting rewards for each liquidity pair) is also charged for the gas fees associated with yield harvesting and LP reinvesting. Finally there is a 20% profit sharing fee charged that goes towards the protocol (for operating costs and sustainability) and community pools (for token holders).

Risks

As the assets are allocated in liquidity-providing pairs, an impermanent loss is a risk for this strategy when the price of one asset significantly outpaces the other in the pair.
Download the fact sheet for DAO Metaverse Strategy here
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