📜1. Methodology

Objective

The Decentralized Autonomous Mutual Fund (or DAMF) aims to be a revolutionary autonomous buying solution in the developing industry of smart contracts, DAOs, and blockchain technology.

The unique management approach allows the community of owners to actively participate in the decision-making process of the fund’s investments through a voting system. This system gives users voting power based on their percentage ownership of the fund, tracked by the program which runs the DAMF. These operations occur automatically and without a centralized entity backing the operations.

The fund’s objective of providing an ERC-20 investment solution with full transparency and low costs will be achieved through the principle buying strategy and the power of the community. The fund’s activities will be fully automated, driven by the community's proposals and votes.

Strategy

The fund will primarily invest in ERC-20 Tokens hosted on the Ethereum network. The fund will allow having a maximum of 80% of its assets invested at most times. The remainder of the fund’s assets, ~20%, will be kept in the fund's primary currency of Ethereum as its strategic reserve. The fund's main strategy is to access the power of the community in powering its investments. In recent months, it has become evident that the retail consumer market can create greater momentum swings across all types of markets when they are united. The DAMF aims to provide a tool to utilize this power in the cryptocurrency markets. The beta version of the fund will initially trade ERC-20 tokens but has plans to expand to cross-chain investments.