Equity Details
Price & Market Data
Price: $0.0₄211
Daily Change: -$0.0₇169 / 0.08%
Daily Range: $0.0₄211 - $0.0₄211
Market Cap: $0
Daily Volume: 36
About dFund (DFND)
Stock insights for dFund (X:DFND). Price: 0.0₄211, daily change: -$0.0₇169 / 0.08%. Market cap: N/A. Performance 3-month, 6-month, 1-year.
Details
dFund is a platform that makes decentralized hedge funds and loans possible, operating in the vast and technically superb Polkadot ecosystem. The dFund network is composed of different decentralized autonomous organization (DAO) modules acting as decentralized hedge funds/investment funds, or as it likes to call them, dFunds. Investors can invest / pool money into these dFunds, which would be managed by that dFund’s manager and invested for a profit, just like traditional hedge funds. These dFunds can set their terms and conditions, such as the success fee they will charge on achieved profits, and their internal organization, such as the DAO module (in this case a dFund) members electing the dFund manager(s).dFunds will be rated and ranked by their performance, so the decentralized hedge funds with the highest returns will be the most visible ones on the website and dApp of the platform, and users will be able to see the returns and profits (in %) of every dFund which will allow them to make informed decisions about in which dFund they want to invest.
