Phuture AMA Recap

Phuture AMA Recap
Phuture AMA Recap
Nick (CryptoDiffer)
Hello, everyone!😁 We are glad to meet here Charles Storry (Head of Growth) @charles Oliver Mehr (Head of Product) @OliverMehr
Hello all, thank you for having us.
Oliver Mehr
Oliver Mehr
Great to be here
Charles Storry
Charles Storry
Phuture AMA Recap
Nick (CryptoDiffer)
Let`s start with the introduction questions! Q1: Can you introduce yourself to our community?
Oliver and I have been in the crypto space since 2016 and have worked together for the past 5 years. Prior to Phuture, we were partners at a UK based Venture Firm backed by Block.One - we invested into early stage businesses looking to incorporate blockchain. We have invested in an array of different industries from Adtech, to Gaming to VR. We co-invested alongside some great names, such as - Google Ventures and Alibaba to name a few. It’s important to note, each of our investments wanted to incorporate blockchain which was our value add. From our hands-on experience a lot of the lessons we have learnt Phuture has benefited from. This will be clear in the user experience we have created.
Charles Storry
Charles Storry
Phuture AMA Recap
Nick (CryptoDiffer)
👌 Thank for introduction Q2: Can you briefly tell us what is Phuture in 3-5 sentences
Happy to dive into more detail on these points Phuture is a decentralised protocol built for the creation and investment of passive index strategies in a Web3 environment. Which encompasses the following: Permissionless Index Creation Smart, scalable Index Architecture Deep liquidity at all times.
Oliver Mehr
Oliver Mehr
Phuture AMA Recap
Nick (CryptoDiffer)
Please go ahead!
We are the first platform to offer permissionless index creation where the indices that you can create arent just regular fixed weighted indices. The index creator tool allows users to build indices based on dynamic datasets such as marketcap, protocol fees, tvl etc. Moreover, user can now track the top X ranking in a sector. They can choose to create an index that tracks the top 3 assets in the exchange sector. This completely removes the asset allocation problem that new entrants into the market have. Individual token domain expertise is no longer required because a user can simply track a sector they think will do well. Of course, letting anyone create indices means that we could potentially have a huge number of indices on the platform. We need to rebalance and reweight these! This meant we need to reengineer the system in order for it to be scalable. So Phuture doesnt rebalance each index individually, instead we group index assets into pools of the same asset. So we would have one big pool of MKR tokens that come from all the indices on the platform. This pool would have a weight based on the weight on MKR in each index. This was we can now rebalance say MKR with COMP and by doing this we affect the balance of every index on the platform that has these assets in it. Massively reducing computational complexity. In fact, our runtime is O(1) when new indices are created that use assets that are already on the platform.
Oliver Mehr
Oliver Mehr
Phuture AMA Recap
Nick (CryptoDiffer)
Cool Thanks for such detailed answer Q3: Let`s now talk about the milestones you have achieved so far and about your upcoming plans
Q2: $PHTR token launch Staking for $PHTR will be live Testnet Mainnet Q3: Snapshot voting Expand yield optimisation strategies Expand dynamic datasets Q4: Development of cross-chain indices L2 deployment Meta governance support
Charles Storry
Charles Storry
Phuture AMA Recap
Cryptodiffer Community
Can you tell us about your Index Creator tool and how it help simplify the stress users go through in creating indices?
The index creator tool is the gateway into creating new indices on Phuture. It segregates assets into sectors to make it easier to choose assets. It provides different weighting methodology such as fixed weights and market cap weighting. This allows your indices to be weighted based on dynamic datasets, ensuring the weights of your assets evolve over time. Lastly, the creator tool allows you to create indices that track a given sector. Therefore, a user can create an index that tracks the top X assets within a sector. Security of funds is one of the critical aspect to be addressed in the cryptocurrency defi world due to scam project and rug pull We are being audited by Quantstamp, the best audit firm in blockchain. They have worked with some of the best projects and have a great track record. delete
Charles Storry
Charles Storry
Phuture AMA Recap
Cryptodiffer Community
. Q1-,I am really interested to know about your project name phuture and story behind introducing such a great project ? Q2-what are the utilities of $PHTR and Is there a way to make passive income by $PHTR ? @OliverMehr @Charles 🙋🙋
We intend to launch with governance live. This means that once our platform goes live fully in July, users can create and vote on proposals. In order to vote, PHTR must be staked. Users who stake receive ePHTR or ‘enhanced PHTR’. This provides voting rights and users receive a yield for staking. This yield will come from the treasury in the beginning but as more fees are generated on the platform these fees will be sent to the staking contract. In order to redeem a Phuture Index you must burn 1% of the index value in PHTR. This is a tax on arb traders. Why? Because most users will not redeem indices, they will just sell them on uniswap. But arb traders will buy from uniswap for less than NAV and redeem on Phuture platform for NAV. Therefore, this 1% burn redistributes some of the arb traders profits to the PHTR token holders. PHTR token holders benefit from three fees. AUM fee Yield fee Redemption fee All fees go back to treasury, controlled by token holders.
Charles Storry
Charles Storry
Phuture AMA Recap
Cryptodiffer Community
How do holders of the $PHTR token benefit in the ecosystem? What power within the governance model do individuals hold and what are the basic requirements to participate? @Charles @OliverMehr
Answered above.
Charles Storry
Charles Storry
Phuture AMA Recap
Cryptodiffer Community
Phuture introduced the PHTR token as its governance token. What are the other roles of this token in the Phuture ecosystem? Can you share its tokenomics and some of its benefits?
Governance Staked PHTR holders can exercise their right to vote on, or propose new ideas to improve the Phuture protocol. Staking Users who stake their PHTR receive Enhanced PHTR (ePHTR), a yield generating variant of PHTR. Keeper and Liquidity Rewards PHTR is earned by keepers performing critical platform functions and is used to promote the liquidity of Phuture indices.
Charles Storry
Charles Storry
Phuture AMA Recap
Cryptodiffer Community
🥇 I read that Phuture brings logic to the rebalancing process through two initiatives: Rebalance Strips and Rebalance Surfaces. Could you explain what each of these processes is about? Do they really solve the value leakage process?
Value leaked is through rebalancing swaps made. Therefore, Phuture uses its rebalancing engine to decide when to place rebalancing trades. By being more selective about when we trade we can reduce the amount we lose to fees and slippage. The rebalancing surface respects the interconnectivity of assets. Imagine that we have two assets that need rebalancing, but these two assets dont have any indices in common. Meaning that there is not one index on the platform that has both these assets in it. If we were to rebalance between these two assets it would be the same as moving value out of one index and into another. The surface prevents this from happening stopping value leakage between indices.
Oliver Mehr
Oliver Mehr
Phuture AMA Recap
Cryptodiffer Community
How are decisions made within PHUTURE? Is there a method of governance that allows the complete decentralization of the project?
PHTR holders have the right to vote and propose changes to the Phuture protocol.
Oliver Mehr
Oliver Mehr
Phuture AMA Recap
Cryptodiffer Community
What are the ways for your project to generate revenue in the long run? What is the progress of business development and what are some of your commercial partnerships?
We generate revenue from three core areas: AUM fee Yield fee (fee taken from yield we generate) Redemption fee (PHTR is burnt when an index is redeemed) Index investors receive yield in two ways from yield optimisers and lending platforms. and when a user mints a new index a small premium is added to the net asset value this premium is given to index investors who hold these assets being minted
Oliver Mehr
Oliver Mehr
Phuture AMA Recap
Cryptodiffer Community
Hello sir, this is my question:Phuture is a very innovative project. What are the different features of Phuture's aggregation design compared to 1inch?
1 inch is a dex aggregator. Phuture uses dex aggregators to make rebalancing transactions ensuring we get the best price and execution. Phuture’s aggreated design is related to the way we account for indices.
Oliver Mehr
Oliver Mehr
Phuture AMA Recap
Cryptodiffer Community
☢️ Reading your Medium site, I could tell that a month ago Phuture was in a rebranding process. Considering that this generally happen due to inconsistencies in the development of a project, can you mention why you decided to make this rebranding and what important changes were implemented? ☢️ Does Phuture's multi-index rebalancing mechanism work in the same way as other rebalance-based projects like BaseProtocol? If not, what are the main differences with this type of project?
PhutureDAO was the first name we went with, after time we decided Phuture has a cleaner ring to it and would be an easier name for non-crypto individuals to understand/remember. We have been developing Phuture for over a year, like with many great projects it takes time to develop something truly unique. Unlike other projects out there, not mentioning any names, Phuture has built its design and foundations from the ground up. It's taken this amount of time to get it right and build something truly special. We look forward to showcasing soon!
Charles Storry
Charles Storry
Phuture AMA Recap
Cryptodiffer Community
Hi team. Wondering if you could elaborate about token utility. Read that you could stake it to get ephtr. 1. With this, is it that you could besides taking part in governance, u get to earn protocol fees too. 2. Also how about this liquidity rewards mentioned? Thanks team.
When you stake PHTR you receive ePHTR. ePHTR lets you participate in governance. Additionally, ePHTR holders receieve an ongoing reward of PHTR tokens.
Oliver Mehr
Oliver Mehr
Phuture AMA Recap
Cryptodiffer Community
Phuture uses "unlock" word in description. More Phuture tokens means more features in creating indexes?
Unlock in the sense of empowerment by utilising the Phuture protocol.
Charles Storry
Charles Storry
Whitelisted indices will be able to stake their index tokens to receieve PHTR rewards
Oliver Mehr
Oliver Mehr
Phuture AMA Recap
Cryptodiffer Community
📌 I can see that they are anchored to the ethereum ecosystem. Any specific reason for this? Is there any future project to expand the scope to other blockchain systems like in bsc?
Phuture's vision is to become the defacto index platform across all chains. We plan on first rolling out parrallel instances of Phuture on other chains like Solana and BSC. Then we will connect them together to allow for cross chain indices.
Charles Storry
Charles Storry
Phuture AMA Recap
Cryptodiffer Community
Do you have enough dynamism to deal with too many competitors in an environment where a few new competitors emerge every day and the competition is getting fiercer? What are the resources that will give you competitive energy?
Phuture has designed its platform in a unique way to our competitors. I define these comps as Index Coop, Powerpool, PieDAO and Indexed. The latter three are all based on balancer smart pools. One thing that those projects have realised is balancer smart pools are in flexible due to being an AMM. Here are some examples: When you create new balancer smart pool it doesn't have any liquidity, so users cant do one sided deposits because slippage is too high. Therefore, users must bring every asset in the index in order to mint. This is a poor user experience, most people don't own all the assets of an index, that is the reason they are buying. Phuture solves this by tapping into external liquidity, this means that regardless of the size of your index, your execution costs will be roughly the same. Whereas on balancer the depth of the pool heavily dictates how much price impact you experience. This might be fine if you only have a few indices which are all quite deep but on Phuture we are letting anyone create indices which means we will have indices that are not that popular. Regardless, if someone wants to invest in a less popular index it should be the same experience. The other problem that smart pools have are related to optimisation. In order to push assets to yield optimisers you must remove assets from the AMM, this negatively affects the price impact when minting. If you smart pool is only small you cannot afford to push any assets to yield optimisers. Therefore, these smaller indices don't get additional yield. On Phuture, we aggregate all indices into pools of the same asset. Then we push assets from that pool to yield optimisers. The yield that we get is then shared across all indices that hold that asset proportional to their size. This means even small indices benefit from yield optimisation. Obviously, when compared to Index coop, they don't let you create your own index without governance permission. Phuture does. Also their rebalancing auction requires quite a lot of coordination, so they only rebalance monthly/quarterly. If you rebalance quarterly your index assets will be far out of balance, especially because crypto moves so much. Also auction aren't robust in network congestion and index investors end up giving too much value away to keepers. Lastly, set rebalances each index individually, whereas Phuture rebalances many indices at the same time. This means the cost to rebalance on Phuture is spread over many indices, reducing the individual cost. Phuture can rebalance more frequently than once a quarter or once a month if it needs to. Phuture doesn't rebalance all the time like a balancer smart pool, it only rebalances when our engine decides it is a good time to do that. We use bollinger bands to help us make this decision. By rebalancing at better times we can significantly improve index returns as well.
Oliver Mehr
Oliver Mehr
Phuture AMA Recap
Cryptodiffer Community
Is it difficult to use PHUTURE in an existing infrastructure, do you have to follow certain rules to be able to use it?
At Phuture we are building the infrastructure for you to create, build and invest in crypto indices. Once live, Phuture will introduce an open design philosophy for creating passive investment strategies. Designed from the ground up to be intuitive to both crypto and non-crypto native users, Phuture provides the tools to create new indices or invest into existing ones created by the community.
Charles Storry
Charles Storry
Phuture AMA Recap
Cryptodiffer Community
I love this project is placing importance on the community aspect. It’s something that I think is lacking in a lot of projects. How can us early investors really help PHUTURE grow before it launches? From providing liquidity to general participation, what different roles are there when it goes live?
Creating and investing into indices. Being an active community member is massively helpful for us as we build out our long term vision.
Oliver Mehr
Oliver Mehr
Phuture AMA Recap
Cryptodiffer Community
User experience is a very important issue in most projects. Does PHUTURE focus on this? What has PHUTURE done to bring the best user experience, especially to new users?
We agree. Phuture has been designed with easy to use UI/UX. Everything we have built, we have had the user front and centre.
Charles Storry
Charles Storry
Phuture AMA Recap
Cryptodiffer Community
One of the biggest problems in the crypto world is that the products are difficult for new users to use and understand. How Phuture tries to reach out and attract new users? Do you have tutorials in development and a friendly and easy-to-use interface?
Our target market at launch is crypto natives, hence why we are doing an IDO on Polkastarter. It’s not to raise capital but a growth strategy to help promote Phuture and it’s ecosystem. We see a huge opportunity for Phuture to expand outside of the crypto community, to the wider population. The platform has been designed in an intuitive and simplistic way to allow non-crypto natives to engage in the protocol!
Charles Storry
Charles Storry
Scope to expand to BSC, Solana and L2 is part of our roadmap.
Oliver Mehr
Oliver Mehr
Phuture AMA Recap
Cryptodiffer Community
Smart contracts are susceptible to failure and many projects fall victim to this, costing users money and the project discrediting. How reliable and secure is your smart contract? Have you tested it through any of the parties?
Phuture will be audited by Quanstamp one of the best audit firms in the industry with an impeccable track record. All code will be audited before mainnet launch.
Charles Storry
Charles Storry
Phuture AMA Recap
Cryptodiffer Community
How can your long-term index structure help us when investing in crypto?
Historically, passive investment has outperformed most active managers. Phuture is providing the tools for investors to access passive products.
Oliver Mehr
Oliver Mehr
Phuture AMA Recap
Cryptodiffer Community
✅ *You mention in your documentation that the $PHTR token is used to reward holders for performing functions such as rebalancing, recapitalizing and repricing. Could you explain what these functions are about? Can anyone perform them? Or is special preparation required?**
We intend to launch with governance live. This means that once our platform goes live fully in July, users can create and vote on proposals. In order to vote, PHTR must be staked. Users who stake receive ePHTR or ‘enhanced PHTR’. This provides voting rights and users receive a yield for staking. This yield will come from the treasury in the beginning but as more fees are generated on the platform these fees will be sent to the staking contract. In order to redeem a Phuture Index you must burn 1% of the index value in PHTR. This is a tax on arb traders. Why? Because most users will not redeem indices, they will just sell them on uniswap. But arb traders will buy from uniswap for less than NAV and redeem on Phuture platform for NAV. Therefore, this 1% burn redistributes some of the arb traders profits to the PHTR token holders. PHTR token holders benefit from three fees. AUM fee Yield fee Redemption fee All fees go back to treasury, controlled by token holders. We are utilising 0x as our liquidity provider. They have deep liquidity that Phuture can tap into and support a wide variety of different chains.
Charles Storry
Charles Storry
Phuture AMA Recap
Cryptodiffer Community
Liquidity, Transaction fees and slippage are always important factors in Finance services. How does PHUTURE solve the above problem to attract users?
Liquidity is solved via tapping into external liquidity sources. We get access to the deepest liquidity across ethereum. This allows us to provide the same level of execition regardless of if you index has 10k USD in it for 1M USD. This unlike a balancer pool where the amount of liquidity held in the pool dictates your price impact.
Oliver Mehr
Oliver Mehr
Phuture AMA Recap
Cryptodiffer Community
​​How do you intend to revolutionize the Crypto Investment Market? What solutions have you built to help achieve this goal of yours?
Making it simple and easy to use for the masses.
Charles Storry
Charles Storry
Phuture AMA Recap
Cryptodiffer Community
What are your goals for 2021, what is on your roadmap, how do you develop your own track?
Q2: $PHTR token launch Staking for $PHTR will be live Testnet Mainnet Q3: Snapshot voting Expand yield optimisation strategies Expand dynamic datasets Q4: Development of cross-chain indices L2 deployment Meta governance support
Charles Storry
Charles Storry
Transaction fees are high on ethereum as we know. We will be designing mechanisms to spread the cost of minting new index tokens across multiple users to reduce the individual gas costs. Furthermore, our launch on other chains we alleviate the gas concerns.
Oliver Mehr
Oliver Mehr
Phuture AMA Recap
Cryptodiffer Community
How can we distinguish the difference between $PHUTURE and the rest of the projects? Why this better?
Phuture has designed its platform in a unqiue way to our competitors. I define these comps as Index Coop, Powerpool, PieDAO and Indexed. The latter three are all based on balancer smart pools. One thing that those projects have realised is balancer smart pools are in flexible due to being an AMM. Here are some examples: When you create new balancer smart pool it doesnt have any liquidity, so users cant do one sided deposits because slippage is too high. Therefore, users must bring every asset in the index in order to mint. This is a poor user experience, most people dont own all the assets of an index, that is the reason they are buying. Phuture solves this by tapping into external liquidity, this means that regardless of the size of your index, your execution costs will be roughly the same. Whereas on balancer the depth of the pool heavily dictates how much price impact you experience. This might be fine if you only have a few indices which are all quite deep but on Phuture we are letting anyone create indices which means we will have indices that are not that popular. Regardless, if someone wants to invest in a less popular index it should be the same experience. The other problem that smart pools have are related to optimisation. In order to push assets to yield optimisers you must remove assets from the AMM, this negatively affects the price impact when minting. If you smart pool is only small you cannot afford to push any assets to yield optimisers. Therefore, these smaller indices dont get additional yield. On Phuture, we aggregate all indices into pools of the same asset. Then we push assets from that pool to yield optimisers. The yield that we get is then shared across all indices that hold that asset proportional tol their size. This means even small indices benefit from yield optimisation. Obviously, when compared to Index coop, they dont let you create your own index without governance permission. Phuture does. Also their rebalancing auction requires quite a lot of coordination, so they only rebalance monthly/quarterly. If you rebalance quarterly your index assets will be far out of balance, especially because crypto moves so much. Also auction arent robust in network congestion and index investors end up giving too much value away to keepers. Lastly, set rebalances each index individually, whereas Phuture rebalances many indices at the same time. This means the cost to rebalance on Phuture is spread over many indices, reducing the individual cost. Phuture can rebalaance more frequently than once a quarter or once a month if it needs to. Phuture doesnt rebalance all the time like a balancer smart pool, it only rebalances when our engine decides it is a good time to do that. We use bollinger bands to help us make this decision. By rebalancing at better times we can significantly improve index returns as well.
Charles Storry
Charles Storry
Phuture AMA Recap
Cryptodiffer Community
In your Medium ama_article, you mention that you have designed PHUTURE from the ground up to be intuitive for both crypto and non-crypto local users. So, how will you communicate PHUTURE's solutions to these users and reach local users?
Our target market at launch is crypto natives, hence why we are doing an IDO on Polkastarter. It’s not to raise capital but a growth strategy to help promote Phuture and it’s ecosystem. We see a huge opportunity for Phuture to expand outside of the crypto community, to the wider population. The platform has been designed in an intuitive and simplistic way to allow non-crypto natives to engage in the protocol!
Charles Storry
Charles Storry
Phuture AMA Recap
Cryptodiffer Community
An important element when building financial instruments is accessible to everyone and not limited by technical barriers. How does PHUTURE break down technical barriers? How to accessible users?
See above
Charles Storry
Charles Storry
Phuture AMA Recap
Cryptodiffer Community
The community is the backbone of any project. How do you plan to grow your community? Do you have ideas for a loyalty system, rewards or something similar?
Users who stake their PHTR will grow their influence over the platform over time. Users who do not stake will be diluted over time, diminishing their voting rights and share of protocol revenue. No other platform will let you permissionlessly create indices that auto reweight for you. We minimise the cost of rebalancing our indices because each rebalancing transaction affects multiple indices at the same time. This means that the cosrt of rebalancing is spread across more than one index Reducing the individual cost. This is unlike set protocol which relies on auctions to rebalance and each index is rebalanced individually. More over, auctions are less robust in times of network congestion and leak more value from the index when participation is low. Moreover, when an index has only a small amount of value locked an auction will end up taking a disproportionate amount of value out of the pool. So if you have an index worth 10k the average rebalancing tx will cost like 500 USD? so who is paying for that the index investor is that means that the index investor is paying 5% of the value in rebalancing costs. On Phuture, index investors do not pay for rebalancing costs above the amount they pay in fees. When you look at performance, the set index now has to do a lot better in order to maintain the same performance as a Phuture index. Also when you look at balancer, they rebalance through arbitrage that measn they rebalance all the time, whenever an opportunity presents itself But lets be honest, rebalancing all the time doesnt lead to optimal index performance it is better to pick your spots to rebalance, with the ultimate goal of maximising volatility harvesting that means to sell high and buy low. Phuture uses its smart rebalancing engine to do this. Improving index performance drastically.
Oliver Mehr
Oliver Mehr
Phuture AMA Recap
Cryptodiffer Community
For projects created by idealistic teams whose purpose is not just to market tokens, things get a little more difficult after the token sale. Because now it is necessary to both develop the project and maintain the stability of the token. What strategy will you follow after IDO? How can we be sure that after you sell your tokens, you will work seriously to protect the rights of all stakeholders of your ecosystem?
Good question. The team is vested over two years with a 3-month cliff. For us, our priority is building the Phuture protocol, from doing this the $PHTR token strengthens, and its role / governing purpose increases as well. This is key. We feel it's a mistake to just focus on token performance and not the core product. After the IDO we will announce the ability for all $PHTR holders to stake their tokens then look to launch mainnet after audit (late July).
Charles Storry
Charles Storry
The Phuture platform has been built to be very easy to use. We not only want to attract the native crypto user to the platform but also non crypto users just entering the space. You will see with out designs that we have tried to keep it simple and intuitive. All the complexity of the platform has been abstracted away from the end user. We will be releasing videos on how to use Phuture. These will guide you through the process step by step.
Oliver Mehr
Oliver Mehr
Phuture AMA Recap
Cryptodiffer Community
Community is a key element for any project if you want to be successful, how can you ensure that the community is shared in governance? Do we need to place bets to get votes or do we need to run nodes?
We agree. Community is key. More information pertaining to voting/governance will be out soon. Make sure to check out our Medium!
Charles Storry
Charles Storry
Phuture AMA Recap
Cryptodiffer Community
While examining your project, I saw that you started as Phuture DAO and continued as Phuture in November 2020. Why did you need such a change, what were the factors that made you change your path?
PhutureDAO was the first name we went with, after time we decided Phuture has a cleaner ring to it and would be an easier name for non-crypto individuals to understand/remember. We have been developing Phuture for over a year, like with many great projects it takes time to develop something truly unique. Unlike other projects out there, not mentioning any names, Phuture has built its design and foundations from the ground up. It's taken this amount of time to get it right and build something truly special. We look forward to showcasing soon!
Charles Storry
Charles Storry
In order to execute these functions you must be a registered validator node on the Phuture protocol. This means you must bond PHTR to your validator node. This validator node can now execute rebalancing and reweighting functions. Validator nodes get paid for executing these transactions.
Oliver Mehr
Oliver Mehr
Phuture AMA Recap
Cryptodiffer Community
PHUTURE develops many products, which is an advantage when it can meet almost the needs of users. However, does developing many products make management difficult? How do you ensure the quality of all PHUTURE products?
By being obsessed over the small details and user flow.
Charles Storry
Charles Storry
On ethereum validator nodes are paid through keep3r network on other chains they will be paid directly through Phuture protocol
Oliver Mehr
Oliver Mehr
Phuture AMA Recap
Cryptodiffer Community
What can you say to us about the Index Creator Tool? And how important is this tool to the Phuture ecosystem?
The index creator tool is the gateway into creating new indices on Phuture. It segregates assets into sectors to make it easier to choose assets. It provides different weighting methodology such as fixed weights and market cap weighting. This allows your indices to be weighted based on dynamic datasets, ensuring the weights of your assets evolve over time. Lastly, the creator tool allows you to create indices that track a given sector. Therefore, a user can create an index that tracks the top X assets within a sector.
Charles Storry
Charles Storry
Phuture AMA Recap
Cryptodiffer Community
⭐How to determine passive index strategies in a Web3 environment with Phuture? How do we create the best strategy? ⭐How is the smart, scalable Directory Architecture different from other architectures?
When you look at performance, the set index now has to do a lot better in order to maintain the same performance as a Phuture index. Also when you look at balancer, they rebalance through arbitrage that measn they rebalance all the time, whenever an opportunity presents itself But lets be honest, rebalancing all the time doesnt lead to optimal index performance it is better to pick your spots to rebalance, with the ultimate goal of maximising volatility harvesting that means to sell high and buy low. Phuture uses its smart rebalancing engine to do this. Improving index performance drastically.
Oliver Mehr
Oliver Mehr
Phuture AMA Recap
Nick (CryptoDiffer)
Thanks for your time @charles @OliverMehr 👍🏻 Thank you to everyone who took part! Very interesting answers! Waiting for your launch!
Thank you!
Oliver Mehr
Oliver Mehr