# Metaverse Farmer

## **Investing Approach** <a href="#id-02ba" id="id-02ba"></a>

This innovative and futuristic strategy allocates user assets into metaverse ecosystems. Portfolio components are chosen based on criteria such as market cap, popularity, and development.

**The majority of the portfolio lies in ETH, which is paired up with selected coins for additional yield farming rewards, where eligible.**

A quarter of the portfolio is allocated to Index Coop’s Metaverse Index, a shifting basket of metaverse related governance and utility tokens. The rest of the portfolio is allocated to 5 different mainstream NFT coins.

## **Allocations** <a href="#id-15de" id="id-15de"></a>

#### **37.5% ETH** <a href="#id-3414" id="id-3414"></a>

#### **10.0% AXS — Axie Infinity** <a href="#id-3414" id="id-3414"></a>

[Axie Infinity](https://medium.com/u/f4f989915036?source=post_page-----e3923f53c2e7-----------------------------------) is a blockchain-based digital nation with an astonishing 250,000+ daily active players.

#### **7.5% SLP — Smooth Love Potion** <a href="#id-4018" id="id-4018"></a>

The SLP is basically a token that captures the value created by a player in Axie Infinity, without a doubt the second-to-none token in this strategy’s allocation.

#### **10.0% ILV — Illuvium** <a href="#f4f5" id="f4f5"></a>

[Illuvium](https://medium.com/u/1c2a2f798ba2?source=post_page-----e3923f53c2e7-----------------------------------), run by the ILV token, already has a market capitalization of around $400 million, as of writing

#### **5.0% GHST — Aavegotchi** <a href="#id-8316" id="id-8316"></a>

Data from [Cointelegraph Markets Pro](https://pro.cointelegraph.com/?via=markets&_ga=2.144806964.1891914009.1631891184-1061822952.1629446350) shows that since reaching a low of $0.896 in June, the price of GHST has rallied 202% peaking a new record high at $2.74 in August.&#x20;

[Aavegotchi](https://medium.com/u/a71f12aefabc?source=post_page-----e3923f53c2e7-----------------------------------)

#### **5.0% REVV — Revv Racing** <a href="#c33a" id="c33a"></a>

REVV is the main utility token and in-game currency used in multiple motorsports games released by&#x20;

[Animoca Brands](https://medium.com/u/85942079942?source=post_page-----e3923f53c2e7-----------------------------------).

#### **25% MVI — Metaverse Index** <a href="#id-171f" id="id-171f"></a>

MVI is a metaverse index coin launched by Indexcoop, to capture the trend of entertainment, sports, and business in the metaverse.

What the portfolio really looks like, taking into account trading pairs:

* **20% AXS-ETH** (yield farming on Sushi)
* **15% SLP-ETH** (yield farming on Sushi)
* **20% ILV-ETH** (yield farming on Sushi, staked on Illuvium)
* **10% GHST-ETH**
* **10% REVV-ETH**
* **25% MVI**

## **Growth** <a href="#id-81a9" id="id-81a9"></a>

Incentives earned from yield farming these pairs would automatically be compounded by our smart contracts. The portfolio will be rebalanced to reset the strategy back to its standard allocations and weights laid out above so that you will always maintain a balanced allocation!

## **Risks** <a href="#d203" id="d203"></a>

Illuvium allocations in this portfolio come in the form of ILV-ETH, which is a special liquidity pair that is staked for up to a year for bonus yields. Users who withdraw their money without waiting out this vesting period will have to sacrifice that portion of the portfolio. That ILV-ETH will then be attributed to the remaining users who qualify.

Impermanent loss is a standard risk when it comes to providing liquidity on decentralized exchanges.

## **Fees** <a href="#e374" id="e374"></a>

Besides the standard 0.5%-1% deposit fees and 20% profit sharing fees ([see here for more details](https://daoventures.gitbook.io/daoventures/frequently-asked-question)), there is a 10% fee on the yield farmed which is used to pay the gas fees associated with harvesting rewards and depositing LPs.<br>


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