Alvara Protocol (ALVA) is a revolutionary platform in the field of decentralized finance (DeFi) that redefines the concept of asset management by introducing the ERC-7621 standard token, known as Basket Token Standard (BTS). With this, Alvara enables the creation of multi-asset funds that can be managed and monitored by users on a global platform.
What is Alvara Protocol?
Alvara Protocol is a decentralized platform that aims to democratize asset management on the blockchain. With a decentralized autonomous organization (DAO) structure, ALVA tokens give holders the right to vote and participate in the platform’s decision-making processes. Any user can create their own multi-asset fund using BTS Factory and become a fund manager, earning management fees. This system provides full transparency – all funds and results are visible on a public leaderboard, allowing other investors to track performance and potentially support the funds.
As the number of investors supporting a given fund increases, the manager earns more fee income, and the fund becomes more dynamic and based on meritocracy. Thanks to BTS LP tokens, each investor also has the right to vote, allowing them to co-decide on the directions of changes and development of the fund, which creates a model based on democracy.
Alvara Protocol Technology: ERC-7621 and BTS Factory
Alvara Protocol is based on the ERC-7621 standard, designed specifically for decentralized fund management. This standard allows for the creation of multi-asset tokens (Basket Tokens) that can contain a variety of assets, such as ERC-20 tokens, allowing for flexible portfolio management within a single contract. BTS Factory serves as a space where anyone can design and launch their own tokenized fund, and then generate fees based on the assets under management.
All BTS tokens are transferable to other accounts, allowing managers to sell management rights and fund income. These tokens are based on collateralized assets, which increases security and stability for investors. Additionally, Alvara integrates with Uniswap V2, which allows for easy and fast token trading on a decentralized exchange.
Practical Applications of Alvara Protocol
Alvara Protocol offers a wide range of applications that connect the world of traditional finance with blockchain. Key features and applications of the platform include:
- Creating tokenized funds – ability to create funds with multiple components and manage them via BTS Factory.
- Democratic Fund Management – Through the DAO, any token holder can participate in votes, influencing decisions related to the funds.
- Asset tokenization – allows you to purchase and manage a partial share of traditional assets, making investing more accessible to a wide range of users.
- AI and DeFi Integration – Alvara uses the latest technologies, including AI tools, to analyze and optimize portfolio management.
- Cross-chain connectivity – Alvara enables cooperation with various blockchain networks, which increases the availability and flexibility of the platform.
Key Events and Partnerships
Since its inception, Alvara Protocol has sought to grow through strategic partnerships and technological innovation. Selected events and partnerships include:
- Google for Startups Cloud Program Partnership – by providing access to advanced Google cloud resources, Alvara has gained the ability to scale its infrastructure and support more users.
- Collaboration with Spirit Blockchain Capital Inc., Everdome, LandX, Life DeFi – these partnerships have enabled Alvara to leverage new technologies and strengthen its position in the market.
- Team of advisors – the addition of Enzo Villani as a strategic advisor, a specialist in blockchain and finance, strengthened Alvara Protocol’s position in the market.
Benefits of Investing in ALVA
Alvara Protocol focuses on decentralization and democracy in asset management, which is a breakthrough in the DeFi world. For investors, the key benefits are:
- Transparency – each fund is publicly available and visible on the leaderboard, allowing ongoing monitoring of investment results.
- Management flexibility – Using BTS Factory, investors can create and modify their funds in line with current market trends.
- Security – the decentralized model and consensus mechanisms effectively protect the system against manipulation attempts.
- Automation through smart contracts – fund management processes are automated, which reduces the risk of human errors.
Technical Data and Links
- ALVA Token:
- Dinner: $ 0.078
- Market Cap: $1.06M
- Total supply: 200 million ALVA
- Token Standard: ERC-7621 – enables the creation and management of token baskets via BTS Factory.
- Commercial addresses:
- ALVA/ETH:
0x8e729198d1C59B82bd6bBa579310C40d740A11C2
- ALVA/AVAX:
0xd18555a6c2fda350069735419900478eec4abd96
- ALVA/ETH:
To learn more, visit the Alvara Protocol website or use the resources below:
- Website: Alvara Protocol
- Documentation and White Paper: Alvara Docs
- Social media channels: Telegram, Twitter
- Quotations: CoinMarketCap, Uniswap