Power Pool
Introduction to PowerPool DAO
PowerPool DAO is an asset management organization that conceives, launches and actively manages a family of diversified pooled investment tokens for the benefit of token holders and xCVP stakers.

DAO Vision/Manifesto

PowerPool is a DAO manager of non-custodial, structured, thematic investment tokens comprising the Power Universe family of broadly-diversified, actively-managed, rewards-rich, gas-efficient, multi-chain investment pools easily blended and hedged by average investors. You can read more about our vision, roadmap and business plan in our wiki: https://wiki.powerpool.finance/

Governance Token: CVP

PowerPool has its own freely-tradeable governance token - CVP (Concentrated Voting Power). CVP can be purchased on exchanges and optionally staked as xCVP to gain a share in the Net Asset Value (NAV) of the PowerPool Treasury, which collects steady income from management fees charged to investment token holders of Power Universe pools. Stakers of xCVP are entitled to various benefits and participate fully in governance of the PowerPool DAO.

Technology Stack

PowerPool develops and operates a unique technology stack uniquely suited to active management of pooled digital assets:
1.) Wrapper and Router technology: Tokens in the pools are represented by piTokens (generalized wrapper tokens) while real tokens are staked somewhere using Router. If we need to change staking strategies, we will do it and it wouldn't affect the basket at all. For a typical pool like $BSCDEFI, if useful we can change Syrup Pools used for CAKE staking every day without problems. PowerPool DAO's asset manager tech inspired the Balancer v2 architecture, and no other asset management project has such flexibility and yield optimization potential;
2.) Power Index: Because Power Universe pools are based on Balancer v2 AMM, constituent tokens are entirely governed by the community and can be used for generating additional value for pooled token holders:
  1. 1.
    Vaults strategies: PowerPool actively uses the constituent tokens pooled inside PowerIndex contracts for generating additional cashflows for the pooled investment token holders. By owning a Power Universe pooled investment token, the investor also owns future cashflows associated with productive usage of pooled assets.
  2. 2.
    Meta-governance: voting constituent tokens allows PowerPool to increase the value of CVP/xCVP, and the constituent tokens also qualify for potential distributions by other DAOs
3.) Power Agent/Power Oracle Networks: The Power Agent network is a unique system for executing automatic smart contract calls, allowing the protocols to harvest rewards, compound them, update pool weights, and make any other necessary on-chain activity automatically. The closest reference for Power Agent would be Andre Cronje’s KP3R Network. Power Oracle is a decentralized cross-chain oracle, providing free price feeds based on Uniswap TWAPs for Ethereum, xDAI, and Matic networks. Power Oracle is based on special incentive model for Price Reporter and Fishermen offering up to 50% APY for price reporting and utilizing CVP as skin in the game via CVP staking.
Power Agent and Power Oracle networks are unique to PowerPool DAO, and necessary for active investment management in crypto:
● Harvesting rewards, maintaining yield-generation strategies;
● Updating composition, weights, other variables throughout the Power Universe;
● On-chain reallocation, even continuous constant redemption and minting new tokens;
● Retrieving necessary on-chain metrics for product operations - TWAPs, etc
● Paying regular dividends
Power Agent can automate any on-chain activity that PowerPool DAO needs for active investment management. Other asset management platforms either can’t use pooled tokens to harvest rewards or use AMM pools to build their products. AMM pools have high potential of Impairment Loss, while unique PowerPool technology takes the best from the both worlds:
● Supports intrinsic yield staking & harvesting
● Supports continuous rebalancing and strategy optimization
● Avoids Impairment/impermanent loss (IL)
This is achieved thanks to the Rebalancing window approach, about which you can read more here: https://medium.com/powerpool/a-new-approach-for-creating-indices-on-top-of-balancer-1c0d7abe2804

Power Universe Tokens

  1. 1.
    $YLA - Yearn v2 Vault LP Pool - A risk-neutral, stablecoin automated yield optimization diversified portfolio of Yearn v2 Vault LP tokens with dynamically adjusted weights;
  2. 2.
    $BSCDEFI - Binance Smart Chain DeFi Blue Chips is a thematic risk-on (long) pooled token with intrinsic yield generation automatically earning yield for the token holders and providing exposure to a broadly-diversified pool of BSC DeFi protocols
  3. 3.
    $PIPT - PowerIndex Pool Token, our first pooled token originally proposed by Delphi Digital, contains UNI, AAVE, SNX, COMP, YFI, WNXM, CVP, and MKR in equal proportions.
  4. 4.
    $YETI - Yearn Ecosystem Token Pool, originally proposed by Ryan Watkins from Messari and contains YFI, SUSHI, KP3R, AKRO, PICKLE, CREAM, and CVP.
  5. 5.
    $ASSY - Aave, SushiSwap, Synthetix, Yearn pool, originally proposed by Marc Zeller from Aave and defined as a "concentrated bet on DeFi".
Last modified 10mo ago