Proof-of-Stake Fifteen 2Y return (2020-01-01 = 100 USD)
2021-01-01 to 2022-01-01
Proof-of-Stake Fifteen 1Y return
About this DAISY
The DAISY Proof-of-Stake Fifteen invests in the top 15 digital assets using the Proof-of-Stake (PoS) consensus algorithm, ranked by market capitalization. Consensus refers to the technique that is used by a protocol to agree on the current valid version of the ledger of transactions: the blockchain. PoS enables new protocols to achieve acceptable levels of robustness and security, without the need for a community of energy consuming miners.
PoS-based protocols tend to provide higher throughput of transactions on the main chain and at lower transaction costs than Bitcoin and Ethereum. This has led to a variety of new ecosystems within DeFi, gaming and metaverse-related applications. The Proof-of-Stake Fifteen specifically invests in the underlying protocols that host such applications. The maximum weight per asset is 20%, allowing for true diversification among different assets, with a higher weight on the most successful projects in the PoS category.
Key facts of the DAISYs
|Minimum investment||€ 100.000|
|Annual management fee||0.90%|
*will be reduced to 1% in 5 years
How do these DAISYs work exactly?
Agga’s team of analysts has made a selection of the key digital assets available and assigned labels to each of them, based on data from independent sources. This yields the ‘Agga Digital Asset Universe’, which makes it easy for us to generate custom portfolios specific to the core sectors within digital assets, such as DeFi or exchange tokens.
Some assets are excluded for practical or regulatory reasons (for example stablecoins and pure privacy coins). Based upon the remaining list and according to the specific fund methodology the fund composition is determined. Next step is that the fiat money (EUR) of the investor is converted into the selected digital assets via approved trading platforms. The acquired digital assets are as soon as practically possible stored in a cold wallet to minimize the risk of hacking. Every quarter a rebalance takes place on a predetermined date. The related transactions are based upon the same logic as described above, resulting in a better reflection of the market at that time. During this rebalancing typically only a small part of the holdings have to be traded – several percentage points – thus minimizing transaction costs for the investor.
The minimal investment is EUR 100,000 per DAISY.
All the digital assets which we invest in are safely stored with our partners at copper.co.
Copper facilitates trading without moving assets to exchanges, eliminating the risk of hacked, frozen or misappropriated assets.
Yes, each of the DAISYs and the fund manager are officially registered at the AFM (AIFMD-light regime).
The DAISY is tradable every month. Registrations must be received by the fund manager one week before the end of each calendar month. This gives us enough time to complete the KYC onboarding process.
We will share the Net Asset Values (NAVs) weekly on our social platforms and our fund administrator will periodically share reports.