Revolutionizing the Investment Landscape — Alvara Protocol’s BTS Factory

Alvara Protocol
2 min readJul 6, 2023

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Traditionally, investing has been controlled by centralized giants such as Blackrock, Fidelity, and VanEck, who offer Exchange Traded Funds (ETFs) to the public. However, these entities hold all the power, leaving investors with limited decision-making authority and little transparency regarding the fund’s operations.

In response to the demand for transparency, the rise of DeFi has empowered users to take control of their own funds and collaborate to build and expand financial opportunities. Protocols like Uniswap and Curve have provided decentralized solutions for various financial needs. The absence of something truly novel becomes evident only when a groundbreaking protocol emerges, fuelled by a game-changing concept.

Alvara Protocol has pioneered the BTS Factory (Basket Token Standard Factory), a cutting-edge investment platform. Here, investors can create their own decentralized funds by handpicking their desired underlying assets and determining their weightings. This revolutionary approach enables instant diversification with minimal fees and unparalleled transparency.

The resulting fund, known as a BTS, will be listed on the Alvara leaderboard, allowing other investors to track its performance and access vital data. When another investor recognises the BTS’s success, they can contribute to or redeem from the fund. Upon contribution, the investor receives LP tokens, which grant them voting rights in deciding the fund’s underlying assets. This system creates a democratic environment, where the BTS creator proposes changes and LP token holders cast their votes.

Every transaction within the BTS Factory, including minting, contributing, and redeeming, will incur gas fees and platform fees. Platform fees serve multiple purposes, from supporting operational costs to charitable initiatives and providing fund managers with management fees based on their fund’s volume. The platform maintains complete fee transparency and fee routing is programmatically implemented into the contracts.

Furthermore, every fund manager who owns a BTS gains access to the Alvara BTS marketplace. Here, they can list their BTS for other investors to explore, bid on, and purchase. The possibilities are endless, offering unparalleled opportunities for all investors and introducing a new level of depth to DeFi.

Welcome to Alvara Protocol. Prepare to redefine the way you invest and experience the power of true decentralized finance.

About Alvara Protocol

The Alvara Protocol is a decentralized platform that utilizes the ERC-BTS (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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