D-ETF is Launching on Thorstarter!

The budding decentralized finance sector is already proving there are many improvements to old financial vehicles and solutions that can be built using distributed ledger technology.

They are proud to bring you a project that is doing precisely this, bringing a crypto spot ETF to both retail investors and high net worth individuals. A product the traditional finance sector has yet to be able to fulfill — meet D-ETF.

D-ETF is a Decentralized Exchange Traded Fund managed by a self-operating DAO.

The DAO is connected with a bot that automatically executes successful suggestions proposed by the community.

D-ETFs primary purpose is to offer holders exposure to multiple high performing projects in the Cryptocurrency space through a single token.

The traditional financial market makers have been attempting to provide several Bitcoin and crypto spot ETFs to the broader markets for years. So far only futures based ETFs have been approved in the larger crypto industry.

This is a step towards broader acceptance of cryptocurrencies, which is ultimately very important for the overall market, but the current model is not giving direct value to the crypto market, but rather taking value away as the value is settled in US dollars and not crypto.

This is just the tip of the iceberg in regards to the broken parts of the traditional ETFs.

D-ETF have created a comparison between the old ETF model and D-ETF to display all the improvements D-ETF is bringing to light:

Learn more about D-ETF here.

The D-ETF token is a representation of multiple ERC-20 tokens, combined with a lucrative financial structure benefitting D-ETF holders and intrinsic value.

By simply holding the D-ETF token, a 1.5% yield from daily transaction volume is being evenly distributed between token holders. Another 1.5% is being added to the intrinsic value, this way the protocol TVL increases in value with every transaction. A total of 3% are gathered from investors entering or leaving the protocol.

The D-ETF token is governed and operated by a DAO. Token holders with 10,000 D-ETF or more can suggest, delegate, and vote for tokens that should represent the intrinsic value of the D-ETF. “The voter” will choose which two tokens should be swapped for each other.

Big picture, D-ETF is onboarding both smaller retail investors, institutional and high net worth individuals, and will have fiat onramps integrated in the near future.

D-ETF will be launching on Thorstarter on relatively short notice (February!)

Here are the initial details:

They look forward to offering $DETF to their community and helping them gain traction.

SKAL frens!

Thorstarter is a first-of-its-kind model: a hybrid IDO launchpad meets decentralized investment DAO. TS functions as a decentralized VC firm offering an array of services to partner projects. From investing in promising projects, to helping them market and build community, to performing their token launches in the Thorstarter app, Thorstarter is a premium, full suite incubation and launch solution.

📰 INFO

https://blog.thorstarter.org/ido-announcement-d-etf-b6713fc9acd7?gi=6b8d6e8a3c1a