Valio Launches Publicly, Allowing Users to Have Funds Managed by Professional Traders
Decentralized asset management platform Valio has launched publicly, giving crypto investors the opportunity to have their funds managed by professional traders without having to trust them as custodians. The app’s launch is initially taking place on the Abitrum and Optimism networks, and it allows investors to browse lists of money managers, view their stats, and deposit assets to participate in their funds. All assets are held in smart contracts and cannot be removed by the money managers. Valio also limits the DeFi applications that managers can invest in to a predetermined list and uses a system called “cumulative price impact tolerance architecture” to prevent managers from draining funds. According to Valio founder Karlis, anyone can be a money manager on the platform, leveling the playing field for asset management.
Key Points:
- Valio allows users to have their funds managed by professional traders without having to trust them as custodians.
- Investors can browse lists of money managers, view their stats, and deposit assets to participate in their funds.
- All assets are held in smart contracts and cannot be removed by the money managers.
- Valio limits the DeFi applications that managers can invest in and uses a system to prevent managers from draining funds.
- Anyone can be a money manager on Valio, leveling the playing field for asset management.
Valio’s Future of Asset Management
Valio’s launch represents a significant step forward in asset management in the crypto world. By allowing users to have their funds managed by professional traders without the need for trust, Valio is providing a solution that is accessible to anyone, regardless of their background or credentials. The platform’s use of smart contracts and limited investment options ensures the security and transparency of investors’ funds. Valio’s focus on performance-based investment decisions rather than real-world credentials also opens up opportunities for new and talented money managers to prove their skills. With the aim of attracting the “Wall Street Bets” crowd, Valio is shaping the future of asset management in the crypto space.