What Is Powerpool? (CVP) Complete Guide Review About Powerpool.

What Is Powerpool?

PowerPool is a DAO manager of non-custodial structured investments offering broadly-diversified, actively-managed, rewards-rich, gas-efficient, multi-chain family of thematic pooled investment tokens with hedging options easily blended by average investors. PowerPool is a solution for accumulating governance power in Ethereum-based protocols by pooling tokens (COMP, BAL, LEND, YFI, BZRX, AKRO, etc.). The CVP token name refers to Concentrated Voting Power: CVP holders decide how pooled GTs will vote when the vote occurs in their root protocol. Also, CVP holders govern the entire protocol (key ecosystem variables, collateral types, adding new pools).

PowerPool Storage Key Points

Protocol Feature

PowerPool Coin Bullish, Bearish and Neutral strategies – balance your own portfolio to make money in any market New DAO governance platform allowing xCVP stakers to actively manage underlying projects collectively Hedge Funds now can be our clients or partners Data-driven metrics & analytics

Power DAO

The Power DAO’s mission is to curate shortlists of tokens of interest held in various pooled vehicles, and also the DAO Treasury itself; with dynamic (re-) categorisation via staked xCVP (quadratic) voting consensus; continuous re-weighting based on time-delayed flash polls, and multi-chain and multi-layer shortlists (initially ETH DeFi & BSC DeFi).

PowerPool Each shortlist corresponds to one of three types of generic structured investment strategies; long/bull (currently duplicative, Ethereum-only non-composable pools like PIPT, ASSY & YETI), market neutral/high yield pools (Yearn Lazy APE was the first product of this kind), and defensive/hedged/short/bear – all managed thorough the evolving PowerPool protocol fundamentals – based dynamic weighting, and soon modulated by directional sentiment input from the DAO.

Power Agent

Power Agent (or Power Poke) automatically executes on-chain maintenance operations such as TWAP prices, rebalancing AMM weights, processing batched transactions, and executing asset swaps for xCVP. Power Agent is managed by two agents – Poker Agent and Fishermen. Each role is required to stake CVP as a deposit. The address with the largest deposit becomes the Poker Agent, while the rest become Fishermen. The Poker Agent is responsible for performing all of Power Poke’s on-chain operations, while the Fishermen are responsible for slashing the Poker Agent if there’s any failure. The Poker Agent and Fishermen are both rewarded for their work in CVP.

CVP TOKEN

CVP is a Governance token that governs the PowerPool protocol. CVP holders vote to approve protocol upgrades, new indices, portfolio strategies, treasury management, and usage of meta-governance power. Power Agent maintainers use CVP as a deposit and get reward in CVP. In addition, protocol fees are distributed to holders staking CVP to xCVP.

XCVP

PowerPool Coin xCVP is a treasury contract and ERC20 token, allowing to stake CVP, participate in governance, and earn protocol fees. This contract collects fee stream from the products and automatically purchases CVP from the open market, adding it to the overall CVP pool and therefore increase the value of xCVP.

Innovative Legal Structure

Stichting Entity in Netherlands Jurisdiction is proposed as the future legal structure to provide the highest level of security and flexibility. It allows to work in any part of the world with any company, bank, hedge fund or capital and still remain truly decentralized. Anyone who worked with asset securitisation is familiar with Stiching structure. Dutch Stiching is an orphan entity with separate legal personality that has no (and cannot have) members or shareholders.

PowerPool stichting is governed and, by default, represented by its board of directors and CEO (usually professional management company or law firm duly licensed under EU regulations). Stichting is separated and segregated from its founders and is not affiliated to them and therefore confers protection from the founders’ insolvency enhancing the “bankruptcy remote” status of this structure.