Valory is building Smart Managed Pools on Balancer!

Valory’s project will leverage the Autonolas tech stack to enable an autonomously controlled Smart Managed Pool (SMP) structure. You can think of SMPs as DeFi-native ETFs or robo advisors. Valory will build the first SMP and from there, developers will be able to fork the code, create their own strategies and attract capital.

For this grant, Valory will be creating an MVP for an autonomous Crypto Fear and Greed Index Fund. This fund changes its allocations autonomously according to the ratings of the Crypto Fear and Greed Index. These ratings range from Extreme Fear, Fear, Neutral, Greed, Extreme Greed. For each rating, the service has a different pool allocation. The fund embodies Warren Buffet’s recommendation to be “fearful when others are greedy, and greedy when others are fearful.” Accordingly, the allocations of the managed pools reflect greed in times of fear and vice versa. The MVP will keep things simple and only allocate across three assets: ETH, BTC and USDC.

Once the pool allocations have been encoded and the Balancer pool created, the SMP service takes the reins. The service monitors the crypto fear and greed index daily and changes between the 5 sets of allocations accordingly.

Valory is a team of scientists, engineers and designers who seek to deliver world-leading, cutting-edge research, products and services at the intersection of multi-agent systems (MAS) and distributed ledger technology (DLT). Valory is the creator of Autonolas.

Autonolas enables developers to build autonomous services — a new software primitive which combines the flexible compute of Web2 with the power of Web3.

The BAL Grant program is one way BalancerDAO promotes the development of the Balancer Protocol and Ecosystem.

The BAL Grant program provides support and funding ($1K — $100K) to projects committed to supporting Balancer Protocol in achieving its mission to become the number one source for Decentralized exchange trades. This program is a good fit for individuals and groups that want to run a project that builds technology or resources on the Balancer Protocol.

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