Alvara Partners with Metafide

Alvara Protocol
2 min readApr 25, 2024

Yet another exciting partnership to announce. Alvara Protocol is teaming up with Metafide. Harnessing the power of AI, Metafide is an unbiased, realtime Web3 rating tool with a particular focus on managing allocation and risk by utilizing their trading tools, hedging strategies and digital asset ratings.

With this collaboration, Metafide can seamlessly integrate its trading analysis tool to create on-chain baskets of different asset rating categories, utilizing Alvara’s platform for efficient execution.

Additionally, with Metafide gearing up to launch their token on Ethereum, Alvara stands ready to include it in a new AI-managed BTS upon platform launch, offering users even more diversified investment options in the already budding AI sector of the market.

Looking ahead, as Alvara evolves into a fully cross-chain platform with reduced costs, Metafide envisions leveraging Alvara to let their clients run their AI-managed funds as baskets, transitioning all assets under management onto the blockchain.

Together, Alvara and Metafide are striving towards paving the way for a new era of decentralized finance, where advanced technology meets seamless asset management. Stay tuned for more exciting developments!

About Alvara Protocol

The Alvara Protocol is a decentralized platform that utilizes the ERC-7621 (Basket Token Standard) to create and manage funds on the blockchain. Alvara offers a comprehensive fund Factory and Marketplace, with a transparent leaderboard showcasing the performance of every BTS created. ALVA and veALVA tokens assume crucial roles in driving the ecosystem’s growth and governance with veALVA holders wielding significant influence over the substantial ALVA reward stream. Removing traditional barriers, Alvara fosters a democratic meritocracy in crypto investing, enabling full lifecycle fund management, from creation to ownership transfer, within its seamless framework.

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