Alvara Protocol ALVA

1. Summary

Ranks

Liquidity

93

Developer

-

Social

-

Momentum (beta)

96

Stack Rank™

-

Price

$0.19 -3.2%

Market Cap

$13.04M (#1400)

Supply

65.45M / 198.99M

Tags

DeFi Avalanche Ecosystem Ethereum Ecosystem

More Metrics

Price
52W High price	$0.66
52W High date	16th Nov 2024 (7 months ago)
All Time High (ATH) Date	10th Mar 2024 (1 year ago)
ATH Price	$2.90
% From ATH	-94.66%
All Time Low (ATL) Date	5th Sep 2024 (10 months ago)
ATL Price	$0.05
% From ATL	228.01%

Supply & Trading Volume
Trading Volume (24h)	$302,917.00
Total Supply	198.99M
Max Supply	200.00M
Circulating Supply	65.45M

Less Metrics

Description

Alvara Protocol is a decentralized platform designed to democratize the world of fund management in the DeFi space. The protocol enables anyone to create and manage their own tokenized multi-asset fund through the ERC-7621 (Basket Token Standard) and the BTS Factory. This platform allows users to mint and manage tokenized baskets (BTSs), offering a...

Read More

Alvara Protocol is a decentralized platform designed to democratize the world of fund management in the DeFi space. The protocol enables anyone to create and manage their own tokenized multi-asset fund through the ERC-7621 (Basket Token Standard) and the BTS Factory. This platform allows users to mint and manage tokenized baskets (BTSs), offering a transparent and meritocratic approach to fund management.

Key Features:

• ERC-7621 (Basket Token Standard): Enables the creation of tokens that include various ERC-20 tokens.
• BTS Tokens: Transferable tokens representing ownership in the tokenized baskets.
• Fungible LP Tokens: ERC-7621 LP tokens, usable across various DeFi applications.
• Dynamic Contributions and Withdrawals: The protocol facilitates minting and burning of LP tokens with each contribution or withdrawal, aligning with fund dynamics.
• Automated Management Fees and Rebalancing: Enables automated management fee allocation and simplifies portfolio adjustments.

Functionality:

• The BTS Factory allows users to create and manage BTSs.
• All BTSs are displayed on a public leaderboard, where other investors can track performance metrics.
• Investors can contribute to BTSs and participate in the management process.
• Management rights can be traded via the ERC-BTS marketplace.
• The protocol uses veALVA governance tokens for voting on proposals and directing ALVA reward flows.

Governance:

• The Alvara DAO is powered by veALVA, ensuring decentralized decision-making.
• BTS DAOs allow fund managers to propose changes and manage their BTSs.

Accessibility and Transparency:

• The protocol emphasizes accessibility and transparency, aligning with the ethos of decentralization.
• It streamlines fund management processes, providing users with unparalleled control over financial assets.

Recognition:

• The Ethereum Foundation has formally recognized the ERC-7621 standard, advancing it to draft status.
• This recognition underscores the commitment to democratizing fund management and empowering individuals worldwide.

Resources:

• Alvara Protocol White Paper
• Alvara Litepaper
• Visit Alvara Protocol’s website for more information.

Show Less