BSKT 🧺 Lab Debut. @AlvaraProtocol Game-Changer for Crypto Asset Management.🧵 $ALVA allows crypto asset management with the BSKT Lab, where anyone can create & manage tokenized basket of assets using the ERC-7621 standard. BSKTs are transparent, tradable & personalized token. The Initial Basket Offering (IBO) starts tomorrow. Minting the first BSKTs and launching Composite Capital Markets. Alvara structures crypto assets into investable portfolios that generate yield and liquidity. Earners collect fees as more investors participate. $ALVA has integrated buybacks from the start, a popular move today. Minting or trading BSKTs fuels this system, rewarding participants and tightening supply. They also offer a limited-time NFT which provides monthly rewards and returns your initial investment after six months.
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Creating My First Onchain Basket with @AlvaraProtocol 🧵 I’ve been tracking crypto portfolios in spreadsheets, but Alvara’s BSKT Lab blew me away! I gave launching my own onchain basket a shot and loved it. Here’s a quick rundown of my journey creating my BSKT. 🧺 First, I jumped into ALVA’s BSKT Lab, I connected my wallet and hit “Create Basket.” The setup screen let me name it “Mr Don BSKT,” add a ticker and description, upload a fun image, and opt for auto-rebalancing with some governance tweaks. Next thing I did was to select my tokens on Uniswap $ALVA $APES $AIT $AAVE are. my top picks! Playing strategist, I set weights at 28% Alva, 24% AIT, 24% AAVE and 25% Apes. Crafting my own mini-fund with care. My strategy in action. You can pick any token of your choice.
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With mainnet just a few days away, Let’s talk about @AlvaraProtocol, the DeFi platform revolutionizing how we manage crypto assets! With their ERC-7621 Basket Token Standard (BTS), Alvara empowers anyone to create, manage, and invest in tokenized baskets of crypto. #DeFi #Alvara 🧺 What Makes @alvaraprotocol special ? Alvara revolutionizes DeFi by democratizing fund management! Retail or institutional, create Basket Tokens (BSKTs) with countless ERC-20s via Uniswap V2. Endless combos, total flexibility! 🔥 #Alvara #hellobarmyarmy Testnet is LIVE! Explore, create BTS tokens, and shape Alvara’s future with your feedback. Community and transparency drive their mission toward mainnet. #ERC7621 #DEFI Partnerships with @fraxfinance, @traderjoe_xyz, and @swissborg boost yields, liquidity, and BTS integration. A DeFi BSKT with Frax, Curve, and more is coming! 🚀 #DeFiInnovation
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