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Alvara Protocol has created the ERC-7621 (Basket Token Standard) and BTS Factory, which enables anyone to create their own tokenized multi-asset fund and become a fund manager. All created BTS funds are displayed on a fully public leaderboard where other investors can track all performance metrics and choose to contribute to the fund. The more other investors contribute to the fund, the more management fees the fund manager makes. The fund manager holds the rights to create proposals for changes around the fund and other investors can use their BTS LP tokens to vote on these proposals, creating a true meritocratic democracy within fund management.
The live Alvara Protocol price today is $0.147181 USD with a 24-hour trading volume of $269,082 USD. We update our ALVA to USD price in real-time. Alvara Protocol is down 2.72% in the last 24 hours. The current CoinMarketCap ranking is #1113, with a live market cap of $9,456,029 USD. It has a circulating supply of 64,247,487 ALVA coins and a max. supply of 200,000,000 ALVA coins.