The 26th edition of our curated newsletter.
In today’s newsletter we look at:
- Hedging for Safety
- DeFi’s Q2 in Numbers
- Discord Governance
- Startups Made Easy
Quantitative Financial Risk Management For Crypto Projects and Investors
Whether you’re an individual investor or a DeFi entrepreneur, you need to manage your crypto portfolio wisely. Although nobody can predict if your current $10,000 worth of token comes down to $100,000 or $1,000 next year, some techniques can help you minimize the risks.
The research by Samneet Chepal analyzes how one can use different hedging techniques to protect their portfolio from adverse downside moves. The piece focuses on options hedging strategies but also briefly highlights the importance of diversifying into stablecoins.
Mercuryo Co-Founder’s Piece
Titans of Crypto: The Impact of Musk’s and Saylor’s Tweets
Elon Musk and Michael Saylor have been pretty vocal, sharing their thoughts on Bitcoin and Dogecoin. Undoubtedly, their tweets managed to make quite a stir and send coin prices higher or lower.
The original report analyzed the power of Elon’s and Saylor’s social media remarks, and the excerpt by The Tie has summed it all up. The Tie’s study also looks into the impact on tweet volume and investor sentiment on the abovementioned assets.
The further we go into 2021, the more people are interested in Ethereum’s decentralized finance ecosystem: financial analysts, media, government officials, business owners are wondering what one can do with it.
The new report overviews the growth of stablecoins, as well as DeFi assets, loans, DEXes performance, DAOs, and DeFi governance. Also, it has sections dedicated to how DeFi is attracting institutional finance and scaling solutions.
Aragon+Witnet = Gasless DAO Management on Discord
Aragon, a platform for building and maintaining DAOs, has announced a partnership with the Witnet decentralized oracle to provide off-chain, ‘optimistic’ voting for DAOs via Discord. Soon any Aragon-powered DAO will be able to offer feeless, binding votes on DAO operations to any Discord channel member using only emoji reactions 👍
The ability to vote, onboard, and discuss anything via the chat app is the triumph of democracy. In a way, Discord will become the DAO’s parliament where real, binding, and highly engaged votes occur.
The Story of a $5M Hedge Fund
How to Start a Hedge Fund (from your Bedroom)
Web3 tech is changing the rules of the company building game. Using the Aragon OpenStack, you can spin up a borderless organization with a secure treasury, censorship-resistant voting, and a fully transparent audit trail in just a few minutes.
If you’re contemplating launching your own startup, read the article by Aragon. Using Surf.finance as an example, they explain how to start a $5M hedge fund, step by step. The recipe to success is pretty straightforward:
- Build a community
- Incorporate as an Aragon DAO
- Decide on your strategy
- Manage and grow your organization
- Believe in yourself
New Wins vs New Regulations
It isn’t easy to track current news. Therefore, we continue with a series of weekly round-ups prepared by Mercuryo Legal Counsel Adam Berker to keep you updated on crypto regulatory updates.
Here’s what shook the market last week.
Something You Could Have Missed
This is a weekly newsletter curated by our Blockchain Lead Vyacheslav Akhmetov. We cover the most sparkling events in the industry and sharing more about our journey.