Alvara Protocol
ALVA

0.1805
$
0.53 %
Change 24h
Market Cap
$ 775,836
Volume 24h
$ 229,049
Circulating Supply
4,288,602
Total Supply
200,000,000
ALVA
$
# Exchange Pair Price Volume 24h

Description

Alvara Protocol has created the ERC-7621 (Basket Token Standard) and BTS Factory, which enables anyone to create their own tokenized multi-asset fund and become a fund manager. All created BTS funds are displayed on a fully public leaderboard where other investors can track all performance metrics and choose to contribute to the fund. The more other investors contribute to the fund, the more management fees the fund manager makes. The fund manager holds the rights to create proposals for changes around the fund and other investors can use their BTS LP tokens to vote on these proposals, creating a true meritocratic democracy within fund management.
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