Lothlor Token Fund

The following trading rules apply:

  1. The token fund's watchlist consists of the top 20 tokens by market capitalization built on Ethereum (ETH), excluding stablecoins.
  2. The token fund uses Dai (DAI), a collateral-backed cryptocurrency whose value is stable relative to the US Dollar, as our holding cryptocurrency.
  3. To swap ERC 20 Tokens, the token fund uses Kyber Swap Protocol via Kyber Network (KNC), to buy and sell tokens in a fully decentralized manner.
  4. The token fund will maintain a (70% / 30%) split between (ERC20 / ETH).
  5. 70% ERC20 Token Portion - When a cryptocurrency under the token fund's watchlist trends bull/long then 3.50% of the token fund converts from Dai (DAI) into the trending cryptocurrency. When a cryptocurrency under the token fund's watchlist trends bear/short then 100% of the trending cryptocurrency converts into Dai (DAI).
  6. 30% Ethereum (ETH) Portion - The token fund use the amount of tokens held as the indicator of sentiment in Ethereum (ETH). When the token fund holds 20 tokens then 30% of the fund will be held in a Collateralized Debt Position (CDP) in Pooled Ethereum (PETH) via MakerDao. When the token fund holds 0 tokens then 30% of the fund will be loaned in Wrapped Ethereum (WETH) via Compound Finance and then converted into Dai (DAI) and repaid at a later date. Thus the creation of a short position in Ethereum (ETH).
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