DCA Strategies
Strategies that help the user easily invest into crypto assets
Dollar Cost Averaging Strategies
Dollar-cost averaging, or “DCA”, is an investment technique in which an investor purchases a fixed dollar amount of a particular asset on a regular schedule, regardless of the asset's price. The investor then holds the asset until its price appreciates to a desired level.
The majority of DCA products on the market are mostly centralized, thus a user needs to trust a central authority. The recent Celsius, BlockFi, and FTX meltdowns showed that this is a major risk.
Brokkr enables a non-custodial and fully automated DCA product, that lets users set up recurring investments in several coins in fixed intervals.
This allows investors to take advantage of dollar cost averaging without having to worry about manually managing a portfolio or the need to trust a central player.
BTC.b DCA
Protocols & Assets Used: • BTC.b BTC.b is Bitcoin wrapped via the official Avalanche bridge • TraderJoe - USDC-AVAX Pool & BTC.b-AVAX Pool & PTP-AVAX Pool
Description: A user invests USDC into the strategy. Every week, the strategy exchanges a 52th of the deposited USDC for BTC.b. One year after the initial deposit, all USDC are used to buy BTC.b. At any point, a user can withdraw all her capital. The BTC.b are exchanged back to USDC at current price, and the user gets the full amount back in USDC.
Risks:
BTC.b will vary in price (also to the downside)
BTC.b depeg
Standard smart contract risks
Emergency Exit Thresholds
BTC.B depegs by more than 15%
TraderJoe USDC-BTC.B pool drops below 3 times the size of the TVL in the strategy
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