Kassandra New Featured Pools

Introducing our new set of featured pools and a glimpse of our vision on how to attract TVL and drive value to KACY

Kassandra Foundation
3 min readSep 13, 2023

If you’re closely following the world of DeFi, you’ll recognize that the times are changing rapidly. And here at Kassandra, we strive to be a part of that change and lead it. In light of recent events and with an ongoing dedication to innovation, we’re thrilled to introduce our revamped Featured Pools.

A Recap of Recent Events

Before we dive in, it’s worth noting that Heimdall has ceased operations. The shockwaves of Elon’s takeover of Twitter have made social data analysis challenging. Consequently, our Social Indexes for Avalanche and Polygon will be deprecated. However, there’s no need for immediate withdrawal, as the pool simply won’t be receiving weight updates anymore.

Building for Tomorrow in Today’s Bear Market

Undoubtedly, we find ourselves in a bear market. Investments are at an all-time low, and the general appetite for financial adventure is on a hiatus. Yet, this is the very moment we at Kassandra are taking to build a product for the future.

Our vision is clear. We aim to present a comprehensive suite of pools for investments. So, when the market inevitably heats up again, Kassandra’s managed pools stand out as the most convenient, streamlined, and efficient investment options, powered by Balancer, Paraswap, Arbitrum, Polygon and Avalanche.

Kassandra New Featured Pools

We are not only retaining but amplifying our core values by introducing pools that are simple to understand yet potentially rewarding. The newly envisioned pools, guided by strategic market metrics, promise to bring a fresh wave of opportunities for investors:

Polygon:

  1. Polygon Ecosystem: Featuring top protocols on Polygon based on Total Value Locked (TVL).
  2. DeFi Blue Chips: Spotlight on the leading DeFi protocols using Market Cap as a benchmark.

Arbitrum:

  1. Arbitrum Ecosystem: Showcasing top-tier protocols on Arbitrum weighted by TVL.
  2. Liquid Staking: Highlighting the top protocols and assets within the liquid staking realm (kudos to @GOAT for leading this one!).
  3. Derivatives Protocols: Focusing on the frontrunners of the on-chain derivatives market, coupled with promising undervalued gems.

Avalanche:

  1. Avalanche Ecosystem: Concentrating on the best of the best protocols on Arbitrum, once again guided by TVL metrics.

How this affects the KACY Token Holder

Our recent decision to abolish the mandatory holding of KACY in our managed pools garnered diverse reactions within our community. The motivation behind this change stems from our continuous interactions with potential investors and managers. These weekly engagements revealed that the compulsory KACY holding was not being warmly received. Yet, this bear market provides us the flexibility to adapt, innovate, and transform our offerings for the better.

We don’t see KACY as a valueless governance token, we’re fully committed to bringing value to KACY as we’re the biggest holders.

Our protocol collects a 0.5% administrative fee from all managed pools. Observing our competitors, some boast TVLs in the tens of millions even in these lean times. We’re confident that Kassandra can match, and potentially surpass, these benchmarks.

This growth is intricately tied to the KACY token holders. The fees collected will be redirected back to them. This might be achieved through a buyback-and-burn approach or by offering rewards based on voting power.

In Conclusion

Our current trajectory is geared towards growth. By bolstering our TVL, we can subsequently focus on refining our tokenomics. The bear market is not a pause, but a preparatory phase. Our community remains at the heart of our endeavors. We have never stopped building, and we don’t plan on stopping any time soon. Together, let’s shape the future of DeFi.

About Kassandra

Kassandra is a decentralized autonomous organization (DAO) asset management platform that simplifies creating and investing in tokenized portfolios. It utilizes Balancer Labs Managed Pools and offers a unique approach compared to other asset management platforms.

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Kassandra Foundation

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