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BUILD LEGACY.
A full suite built to onboard a new generation of tokenised basket managers.
A full suite built to onboard a new generation of tokenised basket managers.
Backed By
Integrations
Basket Token Standard: The ERC-7621
Alvara empowers anyone to build and manage BSKTs — innovative baskets of crypto assets — using the latest ERC-7621 standard.
Integrations
Basket Token Standard: The ERC-7621
Alvara empowers anyone to build and manage BSKTs — innovative baskets of crypto assets — using the latest ERC-7621 standard.
Integrations
Basket Token Standard: The ERC-7621
Alvara empowers anyone to build and manage BSKTs — innovative baskets of crypto assets — using the latest ERC-7621 standard.
Multiple tokens types to choose from
Alvara’s infrastructure supports multiple token types.
0x5eF…48
0xd8d…45
Sell the management to your BSKT
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: Collateralised, tokenised 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 tokenised 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 tokenised fund can also be fully manageable and transferable on-chain.
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 BSKT as you wish
You can use any ERC20 token and your own brand logo during the BSKT creation.
Automatic Monthly Rebalance
On
Off
Corners
Discretionary
DAO-Controlled
Token
Swift. Intelligent.
Start in a Matter of Seconds.
All the details you're looking for have been designed for you.
Multiple tokens types to choose from
Alvara’s infrastructure supports multiple token types.
Multiple tokens types to choose from
Alvara’s infrastructure supports multiple token types.
0x5eF…48
0xd8d…45
Sell the management to your BSKT
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 BSKT
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: Collateralised, tokenised 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 tokenised 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 tokenised fund can also be fully manageable and transferable on-chain.
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: Collateralised, tokenised 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 tokenised 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 tokenised fund can also be fully manageable and transferable on-chain.
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 BSKT Lab, you can design and launch your own ERC-7621 Basket Tokens (BSKT). The management fee is structured based on TVL.
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 BSKT itself can be sold, allowing managers to sell their business.
Competitive Leaderboard
Alvara’s Leaderboard provides important performance tracking functionality for BSKT managers.
Backed by assets
BSKTs maintain a 1:1 backing with underlying digital assets. The protocol's smart contracts can interact with third-party DeFi platforms according to pre-defined parameters.
First Mover Advantage
Alvara has first-mover advantage, building the very first ERC-7621 hub with BSKT Lab and management portal. Bringing tokenised 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 BSKT Lab, you can design and launch your own ERC-7621 Basket Tokens (BSKT). The management fee is structured based on TVL.
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 BSKT itself can be sold, allowing managers to sell their business.
Competitive Leaderboard
Alvara’s Leaderboard provides important performance tracking functionality for BSKT managers.
Backed by assets
BSKTs maintain a 1:1 backing with underlying digital assets. The protocol's smart contracts can interact with third-party DeFi platforms according to pre-defined parameters.
First Mover Advantage
Alvara has first-mover advantage, building the very first ERC-7621 hub with BSKT Lab and management portal. Bringing tokenised 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 BSKT Lab, you can design and launch your own ERC-7621 Basket Tokens (BSKT). The management fee is structured based on TVL.
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 BSKT itself can be sold, allowing managers to sell their business.
Competitive Leaderboard
Alvara’s Leaderboard provides important performance tracking functionality for BSKT managers.
Backed by assets
BSKTs maintain a 1:1 backing with underlying digital assets. The protocol's smart contracts can interact with third-party DeFi platforms according to pre-defined parameters.
First Mover Advantage
Alvara has first-mover advantage, building the very first ERC-7621 hub with BSKT Lab and management portal. Bringing tokenised 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.
What is the Alvara Protocol?
The Alvara Protocol is a decentralised blockchain platform implementing the newly developed ERC-7621 token standard for tokenised asset management. Alvara provides an innovative tokenised basket factory that enables creation of basket tokens using the ERC-7621 standard. This unique ecosystem maintains complete transparency, allowing other investors to confidently contribute to the basket. Alvara adds a whole new subsector to decentralised finance by revolutionizing how we perceive and engage with basket management as both managers and investors.
What is a BSKT token & how can I mint one?
What is the utility of my BSKT token?
Can I redeem my funds at any time?
What is the Alvara Protocol?
The Alvara Protocol is a decentralised blockchain platform implementing the newly developed ERC-7621 token standard for tokenised asset management. Alvara provides an innovative tokenised basket factory that enables creation of basket tokens using the ERC-7621 standard. This unique ecosystem maintains complete transparency, allowing other investors to confidently contribute to the basket. Alvara adds a whole new subsector to decentralised finance by revolutionizing how we perceive and engage with basket management as both managers and investors.
What is a BSKT token & how can I mint one?
What is the utility of my BSKT token?
Can I redeem my funds at any time?
What is the Alvara Protocol?
The Alvara Protocol is a decentralised blockchain platform implementing the newly developed ERC-7621 token standard for tokenised asset management. Alvara provides an innovative tokenised basket factory that enables creation of basket tokens using the ERC-7621 standard. This unique ecosystem maintains complete transparency, allowing other investors to confidently contribute to the basket. Alvara adds a whole new subsector to decentralised finance by revolutionizing how we perceive and engage with basket management as both managers and investors.
What is a BSKT token & how can I mint one?
What is the utility of my BSKT token?
Can I redeem my funds at any time?
Developed by the Alvara Foundation.
ALVA/ETH: 0x8e729198d1C59B82bd6bBa579310C40d740A11C2
ALVA/AVAX: 0xd18555a6c2fda350069735419900478eec4abd96
Developed by the Alvara Foundation.
ALVA/ETH: 0x8e729198d1C59B82bd6bBa579310C40d740A11C2
ALVA/AVAX: 0xd18555a6c2fda350069735419900478eec4abd96
Developed by the Alvara Foundation.
ALVA/ETH: 0x8e729198d1C59B82bd6bBa579310C40d740A11C2
ALVA/AVAX: 0xd18555a6c2fda350069735419900478eec4abd96
Developed by the Alvara Foundation.
ALVA/ETH: 0x8e729198d1C59B82bd6bBa579310C40d740A11C2
ALVA/AVAX: 0xd18555a6c2fda350069735419900478eec4abd96