BasketDao is the governance token for a protocol that focuses on DeFi portfolio management and Exchange Traded Fund (ETF). The Assets Under Management (AUM) tracks the underlying assets’ performance.
BasketDAO’s first product on Ethereum: BDPI, an evolution of DPI with the following upgrades:
- Holds interest-bearing tokens from trusted protocols (Aave & Compound)
- No streaming fee
- Community governed re-balances