The User FAQ
How do I know which funds are performing well?
You can generally see which funds are performing well by looking at the fund's PNL. All funds tokens are minted at a starting $1, so the fund tokens increasing or decreasing in value will tell an objective story of the fund's performance.
How do I pick a good fund manager?
Anyone can be a fund manager by providing the minimum deposit and paying the fund opening fee, so it is very important for users to do their due diligence and research the fund managers. We allow managers to update the description for their fund and update their own profile bio to share a bit about how they plan to manage the fund. Additionally, Gurus are able to authenticate their wallet address with a twitter profile, linking that twitter to their profile on the dapp. This can give you assurance that the person running the fund is the same person running the connected twitter profile. It's advised to pick Guru's that provide as much information as possible for you to gauge their legitimacy and skill level
Do I get any user benefits for holding $GURU?
-Holding 50k $GURU gives you 50% off of the 1% deposit fee into a fund
-Holding 50k $GURU reduces the 20% profit sharing fee to 15%
How do I enter a fund?
Navigate to the fund, connect your wallet, and select the amount of ETH you want to deposit in the trading form. When you enter the fund, the ETH you enter with will buy all of the assets in the fund, and you will be minted an amount of fund tokens representing your ownership of the fund, based on your deposited amount.
How do I exit a fund?
In order to exit a fund, you need to return your fund tokens to withdraw your allocation of current TVL. This will sell the tokens in the funds proportionate to your ownership of the fund. In order to do this, click the "Withdraw" button in the fund page and select how many tokens you want to liquidate for ETH.
How do I adjust slippage settings?
Click on the cog icon when making a deposit or withdrawal. If the fund has many tokens in it, you'll need to manually adjust slippage for each token. When adjust slippage, make sure to account for any token taxes that are present on those assets.
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