Executive Summary v.1

Updated: August 26, 2024

Web page: https://walled.enzyme.community/

Ticket: WALLI

Smart contract address: 0xd22c061a1ee043c75f642fcfb643f9541997fb85 [enzyme.finance]

Network: Ethereum

Manager address: 0x36756db0feb879f2f9ade7df3006df5c2dbaf5de [safe.global]

Introduction

After the successful launch of Walled Funds I & II, which were based on super-cycles in the cryptocurrency market, we are now advancing to develop a more liquid and market-responsive fund. While super-cycles remain an integral part of our strategy, the new fund will accept capital at any time and invest in digital assets selected based on our in-house strategy, which leverage fundamental analysis and a sector weight-based allocation. This allocation can be adjusted no more than once per quarter.

<aside> 🪧 In brief, this strategy can be described as a long-only, liquid, sector-weight-based fund with low-risk DeFi yields.

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The cryptocurrency market, particularly the decentralized applications (dApps), has yet to fully realize its potential. Each cycle brings new innovations and narratives, filtering out what works and what doesn’t, ultimately leaving behind solutions that will serve the digital economy of the future.

The 2012-2015 cycle was marked by the proliferation of cryptocurrency exchanges and wallets, as well as the emergence of Ethereum. The drivers of the second cycle, from 2016-2019, included the ICO wave and the first experiments in the DeFi sector. The third cycle was initiated by the expansion of the DeFi ecosystem and the entry of institutional players into the cryptocurrency market. Further development of decentralized applications, scalability solutions (L2) and tokenization of Real-World Assets (RWAs) could serve as key drivers going forward. This growth will likely be fueled by the increasing number of retail and institutional users attracted by the benefits of open finance on public blockchains, which have become more mature and reliable compared to the previous cycles.

<aside> ⛰️ Walled Fund Liquid offers a unique opportunity for partners to invest in digital assets (projects) that have demonstrated positive market traction, are not overvalued, have a long-term growth strategy, are liquid, and are trusted by the market. Your capital is under your control, you can transfer the fund tokens and redeem in any moment.

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