How funds work in Aboard Advisory Protocol
How funds work in Aboard Advisory Protocol:
Following the idea "Code is Law", Aboard will launch an advisory protocol that uses smart contracts to connect crypto investors with DeFi fund managers directly. The protocol provides a platform for fund managers to create trading strategies and investors to pick strategies in a transparent and immutable way. The connections are established via smart contracts, which record investment agreements and terms. Here is our proposed structure:
Investors and fund managers can establish ties by e-signing an investment management agreement without third parties or paying a custody fee. Rather than dealing with multiple parties, the management team can now dedicate more time to developing and monitoring investment strategies. On the other hand, since all terms are transparent and immutable, fund investors no longer need to worry about delusive legal terms or managers constantly updating the words to their favor. Such a system will significantly improve efficiencies in the asset management business.
Last modified 1yr ago