João Ferreira founder of Defi Basket - a portfolio management protocol that lets users buy a DeFi portfolio in a single transaction.

Why you should listen

DeFi Basket lets users invest with a single transaction in multi-token, multi-protocol strategies that you can create or copy from others.

Portfolios are called baskets. For example, The Stablecoins Maxi basket is a portfolio designed to provide exposure to non-USD stablecoins. It allows you to park your funds into a safe and stable investment, while you reduce your exposure to the US Dollar. This basket invests in liquidity pools that provide high single or double digits yields, each focused on a single stablecoin. This allows maximum returns with minimum impermanent loss.

When you invest in a basket, you are given a financial NFT that shows how much you own of each asset. It can be transferred, lent, or sold as an NFT.

Supporting links

Nootopia

DeFi Basket

Andy on Twitter

Brave New Coin on Twitter

Brave New Coin

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