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The ERC-7621 hub: Finance ReDeFined
The ERC-7621 hub: Finance ReDeFined
A full suite built to onboard a new generation of tokenized basket managers.
A full suite built to onboard a new generation of tokenized basket managers.
Backed By
Thousands of tokens to choose
With a Uniswap V2 Router integration, basket combinations are practically limitless.
0x5eF…48
0xd8d…45
Sell the management to your BTS
Creators can list their ERC-7621 tokens for sale on Alvara's Marketplace, allowing for the transfer of management rights and revenue streams.
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eip: 7621
title: Basket Token
description: Collateralized, tokenized funds with adjustable weights and reserves and minting/burning of LP tokens.
discussions-to: https://ethereum-magicians.org/t/proposal-for-a-new-eip-erc-the-erc-bts-basket-token-standard/18598
status: Draft
type: Standards Track
category: ERC
created: 2024-02-11
requires: 20, 721
---
## Abstract
The Basket Token Standard (BTS) allows for the implementation of multi-asset tokenized funds. This standard provides basic functionality for anyone to deploy unique, non-fungible BTS tokens that can contain an unlimited number of underlying [ERC-20](./eip-20.md) tokens.
The deployer receives a BTS token representative of their ownership of the fund, as well as liquidity provider (LP) tokens representative of their percentage share of the fund (100% at time of deployment but changing as other wallets contribute/withdraw). Whenever a contribution is made to a BTS, BTS LP tokens are minted and distributed to the contributor’s wallet (representative of their share of the fund); when a withdrawal is made from a BTS, the BTS LP tokens are burned and funds returned to the withdrawer’s wallet.
The BTS has a rebalance function which allows for a BTS owner to change the percentage share of the fund that each underlying token makes up. Tokens can be removed entirely or added through this function after a BTS has already been minted.
By leveraging the [ERC-721](./eip-721.md) standard as a representative token of ownership when minting the BTS, the tokenized fund can also be fully manageable and transferable on-chain.
Mint BTS
ERC-7621
Builds upon the principles of earlier standards, offering a unique proposition: the ability to create and manage baskets of tokens through a single contract.
Constant updates
Find data ranging from contribution activity and marketplace listings to latest acquisitions and performance. You now have the ability to find the basket perfect for you, or better yet, create your own.
BTC Ecosystem
12 assets
Type and search
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WBTC
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WETH
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WSOL
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WAVAX
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WKAS
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List item #01
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List item #01
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List item #01
Personalize your BTS as you wish
You can use any ERC20 token and your own brand logo during the BTS creation.
Automatic Monthly Rebalance
On
Off
Corners
Discretionary
DAO-Controlled
Token
Swift. Intelligent.
Begin in a Matter of Seconds.
All the details you're looking for have been designed for you.
Thousands of tokens to choose
With a Uniswap V2 Router integration, basket combinations are practically limitless.
Thousands of tokens to choose
With a Uniswap V2 Router integration, basket combinations are practically limitless.
0x5eF…48
0xd8d…45
Sell the management to your BTS
Creators can list their ERC-7621 tokens for sale on Alvara's Marketplace, allowing for the transfer of management rights and revenue streams.
0x5eF…48
0xd8d…45
Sell the management to your BTS
Creators can list their ERC-7621 tokens for sale on Alvara's Marketplace, allowing for the transfer of management rights and revenue streams.
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eip: 7621
title: Basket Token
description: Collateralized, tokenized funds with adjustable weights and reserves and minting/burning of LP tokens.
discussions-to: https://ethereum-magicians.org/t/proposal-for-a-new-eip-erc-the-erc-bts-basket-token-standard/18598
status: Draft
type: Standards Track
category: ERC
created: 2024-02-11
requires: 20, 721
---
## Abstract
The Basket Token Standard (BTS) allows for the implementation of multi-asset tokenized funds. This standard provides basic functionality for anyone to deploy unique, non-fungible BTS tokens that can contain an unlimited number of underlying [ERC-20](./eip-20.md) tokens.
The deployer receives a BTS token representative of their ownership of the fund, as well as liquidity provider (LP) tokens representative of their percentage share of the fund (100% at time of deployment but changing as other wallets contribute/withdraw). Whenever a contribution is made to a BTS, BTS LP tokens are minted and distributed to the contributor’s wallet (representative of their share of the fund); when a withdrawal is made from a BTS, the BTS LP tokens are burned and funds returned to the withdrawer’s wallet.
The BTS has a rebalance function which allows for a BTS owner to change the percentage share of the fund that each underlying token makes up. Tokens can be removed entirely or added through this function after a BTS has already been minted.
By leveraging the [ERC-721](./eip-721.md) standard as a representative token of ownership when minting the BTS, the tokenized fund can also be fully manageable and transferable on-chain.
Mint BTS
ERC-7621
Builds upon the principles of earlier standards, offering a unique proposition: the ability to create and manage baskets of tokens through a single contract.
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eip: 7621
title: Basket Token
description: Collateralized, tokenized funds with adjustable weights and reserves and minting/burning of LP tokens.
discussions-to: https://ethereum-magicians.org/t/proposal-for-a-new-eip-erc-the-erc-bts-basket-token-standard/18598
status: Draft
type: Standards Track
category: ERC
created: 2024-02-11
requires: 20, 721
---
## Abstract
The Basket Token Standard (BTS) allows for the implementation of multi-asset tokenized funds. This standard provides basic functionality for anyone to deploy unique, non-fungible BTS tokens that can contain an unlimited number of underlying [ERC-20](./eip-20.md) tokens.
The deployer receives a BTS token representative of their ownership of the fund, as well as liquidity provider (LP) tokens representative of their percentage share of the fund (100% at time of deployment but changing as other wallets contribute/withdraw). Whenever a contribution is made to a BTS, BTS LP tokens are minted and distributed to the contributor’s wallet (representative of their share of the fund); when a withdrawal is made from a BTS, the BTS LP tokens are burned and funds returned to the withdrawer’s wallet.
The BTS has a rebalance function which allows for a BTS owner to change the percentage share of the fund that each underlying token makes up. Tokens can be removed entirely or added through this function after a BTS has already been minted.
By leveraging the [ERC-721](./eip-721.md) standard as a representative token of ownership when minting the BTS, the tokenized fund can also be fully manageable and transferable on-chain.
Mint BTS
ERC-7621
Builds upon the principles of earlier standards, offering a unique proposition: the ability to create and manage baskets of tokens through a single contract.
184%
Earnings
Constant updates
Find data ranging from contribution activity and marketplace listings to latest acquisitions and performance. You now have the ability to find the basket perfect for you, or better yet, create your own.
184%
Earnings
Constant updates
Find data ranging from contribution activity and marketplace listings to latest acquisitions and performance. You now have the ability to find the basket perfect for you, or better yet, create your own.
Construct and Launch
With Alvara's BTS Factory, you can design and launch your own ERC-7621 Basket Tokens (BTS) and begin earning management fees based on total AUM.
Verified Ownership
Using the ERC-721 standard as a building block, the ERC-7621 provides basket managers with access to management rights and revenue streams. Fully transferable, the BTS itself can be sold, allowing managers to sell their business.
Competitive Leaderboard
Battle for top positions on Alvara's leaderboard alongside other basket managers and institutions. Track the strategies of the most profitable BTS managers to mitigate your risk appetite in the crypto markets.
Yield Optimisation
Every BTS contains 100% collateralized underlying assets. These assets are utilized in yield generation strategies via our partners, with the rewards being fed back into the fund and distributed to share holders as dividends.
First Mover Advantage
Alvara has first-mover advantage, building the very first ERC-7621 hub with BTS Factory and management portal. Bringing tokenized baskets to DeFi like never before.
Low Cost
Underlying tokens are bought and sold via the Uniswap V2 Router, simplifying and streamlining the processes of creation, contribution and withdrawal.
Construct and Launch
With Alvara's BTS Factory, you can design and launch your own ERC-7621 Basket Tokens (BTS) and begin earning management fees based on total AUM.
Verified Ownership
Using the ERC-721 standard as a building block, the ERC-7621 provides basket managers with access to management rights and revenue streams. Fully transferable, the BTS itself can be sold, allowing managers to sell their business.
Competitive Leaderboard
Battle for top positions on Alvara's leaderboard alongside other basket managers and institutions. Track the strategies of the most profitable BTS managers to mitigate your risk appetite in the crypto markets.
Yield Optimisation
Every BTS contains 100% collateralized underlying assets. These assets are utilized in yield generation strategies via our partners, with the rewards being fed back into the fund and distributed to share holders as dividends.
First Mover Advantage
Alvara has first-mover advantage, building the very first ERC-7621 hub with BTS Factory and management portal. Bringing tokenized baskets to DeFi like never before.
Low Cost
Underlying tokens are bought and sold via the Uniswap V2 Router, simplifying and streamlining the processes of creation, contribution and withdrawal.
Construct and Launch
With Alvara's BTS Factory, you can design and launch your own ERC-7621 Basket Tokens (BTS) and begin earning management fees based on total AUM.
Verified Ownership
Using the ERC-721 standard as a building block, the ERC-7621 provides basket managers with access to management rights and revenue streams. Fully transferable, the BTS itself can be sold, allowing managers to sell their business.
Competitive Leaderboard
Battle for top positions on Alvara's leaderboard alongside other basket managers and institutions. Track the strategies of the most profitable BTS managers to mitigate your risk appetite in the crypto markets.
Yield Optimisation
Every BTS contains 100% collateralized underlying assets. These assets are utilized in yield generation strategies via our partners, with the rewards being fed back into the fund and distributed to share holders as dividends.
First Mover Advantage
Alvara has first-mover advantage, building the very first ERC-7621 hub with BTS Factory and management portal. Bringing tokenized baskets to DeFi like never before.
Low Cost
Underlying tokens are bought and sold via the Uniswap V2 Router, simplifying and streamlining the processes of creation, contribution and withdrawal.
Integrations
Basket Token Standard: The ERC-7621
Create customizable token baskets with ERC-20 assets.
Integrations
Basket Token Standard: The ERC-7621
Create customizable token baskets with ERC-20 assets.
Integrations
Basket Token Standard: The ERC-7621
Create customizable token baskets with ERC-20 assets.
FAQs
Questions?
We've got answers.
Gain clarity and insight as we provide comprehensive answers to your questions.
What is the Alvara Protocol?
The Alvara Protocol is a transformative platform in the DeFi space designed to democratize the world of asset management. Built on the newly developed ERC-7621 token standard, Alvara provides an innovative tokenized basket factory that paves the way for anyone to become a basket manager. This unique ecosystem maintains complete transparency, allowing other investors to confidently contribute to the basket. Alvara adds a whole new subsector to decentralized finance by revolutionizing how we perceive and engage with basket management as both managers and investors.
What is a BTS token & how can I mint one?
What is the utility of my BTS token?
Can I redeem my funds at any time?
FAQs
Questions?
We've got answers.
Gain clarity and insight as we provide comprehensive answers to your questions.
What is the Alvara Protocol?
The Alvara Protocol is a transformative platform in the DeFi space designed to democratize the world of asset management. Built on the newly developed ERC-7621 token standard, Alvara provides an innovative tokenized basket factory that paves the way for anyone to become a basket manager. This unique ecosystem maintains complete transparency, allowing other investors to confidently contribute to the basket. Alvara adds a whole new subsector to decentralized finance by revolutionizing how we perceive and engage with basket management as both managers and investors.
What is a BTS token & how can I mint one?
What is the utility of my BTS token?
Can I redeem my funds at any time?
FAQs
Questions?
We've got answers.
Gain clarity and insight as we provide comprehensive answers to your questions.
What is the Alvara Protocol?
The Alvara Protocol is a transformative platform in the DeFi space designed to democratize the world of asset management. Built on the newly developed ERC-7621 token standard, Alvara provides an innovative tokenized basket factory that paves the way for anyone to become a basket manager. This unique ecosystem maintains complete transparency, allowing other investors to confidently contribute to the basket. Alvara adds a whole new subsector to decentralized finance by revolutionizing how we perceive and engage with basket management as both managers and investors.
What is a BTS token & how can I mint one?
What is the utility of my BTS token?
Can I redeem my funds at any time?
Developed by the Alvara Foundation.
ALVA/ETH: 0x8e729198d1C59B82bd6bBa579310C40d740A11C2
ALVA/AVAX: 0xd18555a6c2fda350069735419900478eec4abd96
Documents
Developed by the Alvara Foundation.
ALVA/ETH: 0x8e729198d1C59B82bd6bBa579310C40d740A11C2
ALVA/AVAX: 0xd18555a6c2fda350069735419900478eec4abd96
Documents