Kassandra Gazette #11 — Kassandra V2 and GMX aHYPE

Kassandra Foundation
5 min readJan 16, 2023

The one with another aHYPE addition and Balancer grant updates!

A few weeks ago, we had our first major addition to aHYPE done. ( ̶a̶n̶d̶ ̶d̶u̶s̶t̶e̶d̶,̶ ̶o̶u̶t̶ ̶o̶f̶ ̶t̶h̶i̶s̶ ̶w̶o̶r̶l̶d̶)

We say “major” because it now comprises over 30% of the fund, as GMX’es social score only loses to AVAX. It is a pretty big deal, and a sign that the fund is maturing and diversifying more strongly into other projects within the Avalanche ecosystem!

One major thing we’ll reveal today is Kassandra V2, the result of our Balancer grant! Right now, the front-end work is the most intensive part, meaning its likely that the visuals will be the last thing ready — Not to worry, we’re halfway there!

Let’s lay the topics for today’s article on the table, shall we?

  • Balancer Grants
  • aHYPE

Read on!

As mentioned before, we’ve added GMX to aHYPE, in the most controversial vote we’ve had thus far.

My big secret has been revealed: I am Skelly Boy.

Many people were scared of the massive percentage GMX would take, dwarfing all other tokens except Avax itself. However, in the end, our community chose to embrace this challenge and make aHYPE into the strangest, yet most exciting Avalanche index.

This will likely add additional volatility to the fund, but it’ll also start following the narrative of Real Yield, making it so aHYPE is still following relevant narratives.

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From here onwards, all topics are part of the Balancer Grants update. Dig in!

We’ve delivered yet another set of updates to the Balancer Grants team. Check it out here!

This past month, we’ve made huge strides in the development of the interface of our new managed pools, and you can see it here in our public github repo.

Our product team is finishing the user interface and interaction design of the dashboard that will allow users to manage and track their managed pools.

What you’ll be seeing soon ;)

Our backend team has finished most of the essential work related to data indexation for our SubGraph, which will support price charts and others metrics that serve the whole application.

And one of the things we’re keeping under tight wraps: the Polygon Social Index using Balancer managed pools had most of its technical issues addressed, with few strategic points we need to sort before our full blown official deployment and launch!

Perhaps one of the most interesting things we can say is that we’re working on Kassandra V2.

As we work with the Balancer grants team, we’re updating our tool from our own forked version of Balancer to a new one, which we are developing with oversight from the Balancer team. It is being built based on Balancer v2, and our version of it is called Kassandra V2.

This will allow users to finally create their own investment pools, paving the road to start growing on other EVM-compatible chains and beyond.

And did i tell you fees are customizable?

Right now, there are few things missing for the launch. Among them, is the creation of a whitelist for fund creation. If you have any tips for the Avalanche/Polygon whitelist, message us on our discord or twitter!

As mentioned earlier in the article, the work related to smart contract development is primarily concluded.

We’ve handled all of the business logic in a number of controllers that will enable Kassandra users to create and manage their own Balancer managed pools.

Still curious? You can find our work here.

Today, we’re showcasing our finest moments in the design of our new features! No talk, only delivering!

Manager Studio — Market Analytics

Manager Studio — Single Index Allocation

Manager Studio — Managed Funds

Not going to spoil too much more! Stay tuned for more sneak peeks :)

  • 1Inch Integration
  • Polygon Social Index
  • Index Fund Creation
  • Referral Codes & Brokers
  • Managers Profile Page
  • My Portfolio Page

This has been a short article, but i hope it has been informative as to what we’ve been building and a breath of fresh air after our last big, intensive article!

About Kassandra

Kassandra is an audacious project to delegate money management in a decentralized, efficient, and customizable way, working as a marketplace for tokenized and data-driven investment strategies.

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Kassandra Foundation

The decentralized autonomous organization that governs tokenized data-driven investment funds