# Welcome to Valoro

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This comprehensive guide serves as a one-stop shop for everything Valoro, your gateway to a simplified and potentially lucrative DeFi experience through Index Tokens.
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Welcome to the future of effortless crypto investing!\
\
Valoro is a fund management and investment protocol built on the MultiversX blockchain. Our platform bundles promising WEB3 projects into investment funds, offering a diversified, low-risk portfolio.

<figure><img src="https://2621467896-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FUdnebPcSsJJ7AylhP6PG%2Fuploads%2F8ygLovAfuChyUMUp5Yz2%2FScreenshot%202024-07-26%20at%2019.19.16.png?alt=media&amp;token=784e0d7f-eb02-41b5-ad99-23901740addb" alt=""><figcaption></figcaption></figure>

## Quick links

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[What is DeFi](/overview/what-is-defi)
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[Our Mission](/overview/our-mission)
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[Roadmap](/overview/roadmap)
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## Get Started

We've put together some helpful guides for you to get setup with our product quickly and easily.

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[Reinforce Benefits Throughout](/benefits/reinforce-benefits-throughout)
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[For Individual Investors](/benefits/reinforce-benefits-throughout/for-individual-investors)
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[For Fund Managers](/benefits/reinforce-benefits-throughout/for-fund-managers)
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# What is DeFi

## What is DeFi?

DeFi refers to a revolutionary financial system built on blockchain technology, eliminating the need for traditional intermediaries like banks. It opens a world of possibilities for borrowing, lending, and investing in a secure and transparent way.

## Why Choose Valoro ?

Valoro tackles the complexities of DeFi, making it accessible and approachable for everyone. Our user-friendly platform revolves around Index Tokens – diversified investment baskets representing various sectors within the crypto space.

**Imagine:** Instead of picking a single crypto project, you can invest in a basket of promising projects within a specific industry, like Gaming or the Metaverse. This way, you spread your risk and potentially amplify your returns!


# Our Mission

Valoro focuses on offering investment opportunities through index tokens. Our mission is to make investing simpler and more accessible for retail investors, reducing entry barriers.

By using index tokens, we provide a direct path to diversified portfolios, aiming to improve the investment experience with simplicity and convenience.


# Roadmap

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Statements contained in this roadmap may constitute forward-looking statements or speak to future events or plans. Such forward-looking statements or information involve known and unknown risks and uncertainties, which may cause occurring events to actually differ.
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## 2024

### Q1 2024

* [x] Ideation & Research :white\_check\_mark:
* [x] Proof of Concept :white\_check\_mark:
* [x] Social Presence & Community Formation :white\_check\_mark:
* [x] Branding :white\_check\_mark:
* [x] Landing Page :white\_check\_mark:
* [x] Proxy, Fund Token & Fees Contracts :white\_check\_mark:
* [x] Valoro Cloud Infrastructure :white\_check\_mark:
* [x] Valoro API :white\_check\_mark:
* [x] Features on Devnet :white\_check\_mark:
  * [x] Create Investment Fund :white\_check\_mark:
  * [x] Buy & Sell Fund Shares :white\_check\_mark:

### Q2 2024

* [x] Achievements System :white\_check\_mark:
* [x] Referral & Brand Ambassador Programs :white\_check\_mark:
* [x] Community Testing Round on MultiversX Devnet :white\_check\_mark:
* [x] Fund Management & Rebalancing Mechanisms :white\_check\_mark:
* [x] Zealy Community & Tasks System Creation :white\_check\_mark:
* [x] Fiat Onramp Integration :white\_check\_mark:
* [x] Team Testing Round on MultiversX Mainnet :white\_check\_mark:
* [x] UI Improvements :white\_check\_mark:
* [x] Smart Contracts Code Review by MultiversX Team :white\_check\_mark:
* [ ] Partnerships & Announcements with Ecosystem Projects 🛠 <mark style="color:yellow;">(ongoing)</mark>

### Q3 2024

* [ ] App UI for Fund Managers
* [ ] Security Audit
* [ ] UI Improvements
* [x] MVP Launch on MultiversX Mainnet
* [x] Index Token Price Tracking on [DefiLlama](https://defillama.com/protocol/valoro) :white\_check\_mark:
* [ ] Index Token Price Tracking on Arda
* [ ] Index Token Price Tracking in xPortal

### Q4 2024

* [ ] More types of Investment Funds
* [ ] Yield Farming & Lending of Fund Tokens
* [ ] Gass-free transactions

## Ongoing R\&D

* [x] More Fiat Onramp Integrations
* [ ] Liquid Token Funds
* [ ] Early-stage Venture-style Funds
* [ ] Personalized Investment Portfolios
* [ ] Yield-Bearing Stables Savings Portfolio
* [ ] Cross-chain Investments Funds through CCIP (ChainLink) or LayerZero


# Understanding the Valoro Investment Funds

Feeling overwhelmed by the vast array of crypto projects? Valoro Funds simplify your investment journey!

These tokens act like baskets, holding a curated selection of crypto projects within a specific sector. By investing in fund, you gain exposure to multiple promising ventures, reducing reliance on the success of any one project.

### **Here's an analogy:**

Think of Valoro Funds as investment bundles. Instead of buying individual fruits (crypto projects), you purchase a pre-assorted basket (Index Token) containing a mix of delicious fruits (promising projects) within a category (like citrus or berries).

### **Examples of** Fund&#x73;**:**

<table data-view="cards"><thead><tr><th></th><th></th><th></th></tr></thead><tbody><tr><td><strong>VLRDEFI</strong></td><td>This fund focuses on DEX (decentralized exchange) projects on MultiversX. Invest in GXYDEX and gain exposure to several DEX projects simultaneously!</td><td></td></tr><tr><td><strong>VLRGAMING</strong></td><td>Calling all gaming enthusiasts! <strong>VLRGAMING</strong> bundles together various gaming projects, allowing you to invest in the future of crypto gaming with a single token.</td><td></td></tr><tr><td><strong>VLRVERSE</strong></td><td>Metaverse buff? <strong>VLRVERSE</strong> lets you dive into the Metaverse with investments in projects shaping the future of this virtual world.</td><td></td></tr><tr><td><strong>VLRM2E</strong></td><td>Fitness meets finance! <strong>VLRM2E</strong> is your gateway to the Move2Earn (M2E) space, giving you exposure to top M2E projects.</td><td></td></tr></tbody></table>


# Why choose an Investment Fund?

The benefits of an Investment Fund are numerous:

* **Diversification:** Spread your risk across multiple projects within a sector, mitigating the impact of a single project's performance.
* **Simplified Investing:** No need to research and pick individual projects. Invest in a curated basket that aligns with your interests.
* **Passive Earning:** Valoro automatically manages your investment, including reinvesting earnings for compound growth. Sit back, relax, and watch your potential returns grow!
* **Accessibility:** Even beginners can navigate the world of DeFi with Index Tokens. No complex investment strategies required!
* **Enhanced Security:** We carefully vet the projects included in each Index Token, minimizing the risk of fraudulent investments.


# Investment Fund Composition

Let's delve deeper into the inner workings of an Investment Fund, using VLRDEFI (DeFi sector) as an example. Imagine VLRDEFI as a pie, with each slice representing a different DeFi project on MultiversX. Here's a possible breakdown:

<figure><img src="https://2621467896-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FUdnebPcSsJJ7AylhP6PG%2Fuploads%2Fe78JcZCt9q5ZwAAAFVja%2FScreenshot%202024-07-26%20at%2018.25.18.png?alt=media&amp;token=61c578f6-038a-4078-b32d-6f9816551d5b" alt=""><figcaption></figcaption></figure>

| Project and Token     | Percentage Allocation |
| --------------------- | --------------------- |
| Hatom (HTM token)     | 40%                   |
| AshSwap (ASH token)   | 35%                   |
| xExchange (MEX token) | 25%                   |

### **The Investment Process: Simple Steps to Diversification**

Investing in a Fund is a breeze! Here's a simplified explanation:

1. **Choose your Fund:** Explore the various funds offered by Valoro, selecting one that aligns with your investment goals (e.g., VLRGAMING for gaming enthusiasts).
2. **Invest with eGLD or Stablecoins:** Use either eGLD (MultiversX's native token) or stablecoins (like USDT or USDC) to purchase your fund shares.
3. **Automatic Portfolio Management:** Valoro takes care of the rest! We allocate your investment proportionally across the underlying projects within the Fund.

<figure><img src="https://2621467896-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FUdnebPcSsJJ7AylhP6PG%2Fuploads%2F20yOHewJuk8nuc5Hl8qO%2FScreenshot%202024-07-26%20at%2018.30.52.png?alt=media&amp;token=ae9107ee-3753-42fd-a0fa-187f28a12a61" alt=""><figcaption></figcaption></figure>

**Example:**

Imagine you purchase 100 USDC worth of VLRDEFI shares. Based on the composition mentioned earlier, your investment gets distributed like this:

* $40 worth of HTM tokens
* $35 worth of ASH tokens
* $25 worth of MEX tokens

### **Growth and Value: Reap the Rewards!**

The value of your fund shares fluctuates based on the performance of the underlying assets. If the DeFi projects in VLRDEFI experience price increases, the value of your VLRDEFI token will likely rise as well. This means you could potentially earn more than your initial investment when you sell or withdraw your VLRDEFI token.

### **Important Considerations:**

* When withdrawing from a fund, you might receive the current USD value of your shares instead of the individual tokens.
* The composition of a fund may be rebalanced periodically to adapt to market changes, slightly altering the initial proportions of the underlying projects.
* To withdraw your funds, you must retain ownership of your shares. Selling or trading them eliminates your claim to the underlying assets.


# Fee Structure

Our platform offers a convenient way to grow your investments passively and streamline your investment process. But you might wonder, what's in it for us? Here's a straightforward explanation of our fee model – it's how we fund our operations while keeping your best interests at heart.

### Understanding Our Fees

When you use our app, certain fees apply. These are necessary for us to maintain and improve our services, ensuring you continue to enjoy a seamless investment experience. Here's what you need to know.

| Type                | Percentage    | Description                                                                                                                                                                                                     |
| ------------------- | ------------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| **Buy Fee**         | **0.8% - 1%** | A buy fee is applied when you buy your fund shares.                                                                                                                                                             |
| **Withdraw Fee**    | **1%**        | A withdraw fee is applied when you withdraw your funds from the platform.                                                                                                                                       |
| **Performance Fee** | **5% - 15%**  | <p>We earn a performance fee based on the profits we generate for you by lending the underlaying fund asets.<br><br>This fee aligns our success with yours – we benefit when your investments perform well.</p> |
| **Management Fee**  | **0%**        | We don't charge any flat management fees.                                                                                                                                                                       |


# Reinforce Benefits Throughout

Valoro empowers users at all levels to participate in DeFi and unlock its potential. Here's a glimpse of the advantages Valoro offers:

<table data-view="cards"><thead><tr><th></th><th align="center"></th><th></th><th data-hidden data-card-target data-type="content-ref"></th></tr></thead><tbody><tr><td></td><td align="center"><strong>For Individual Investors</strong></td><td></td><td><a href="/benefits/reinforce-benefits-throughout/for-individual-investors">For Individual Investors</a></td></tr><tr><td></td><td align="center"><strong>For Fund Managers</strong></td><td></td><td><a href="/benefits/reinforce-benefits-throughout/for-fund-managers">For Fund Managers</a></td></tr><tr><td></td><td align="center"><strong>For MultiversX Ecosystem</strong></td><td></td><td><a href="/benefits/reinforce-benefits-throughout/for-the-multiversx-ecosystem">For the MultiversX Ecosystem</a></td></tr></tbody></table>


# For Individual Investors

**Effortless Diversification:** Spread your risk across multiple projects within a sector with a single Compound Token.

* **Simplified Investing:** No need to research individual projects, Valoro does the heavy lifting.
* **Passive Earning Potential:** Enjoy automatic reinvestment of earnings for potentially higher returns.
* **Accessibility for Beginners:** Invest in DeFi with ease, even with limited crypto knowledge.
* **Reduced Time Commitment:** Save time by eliminating the need for constant portfolio monitoring and management.
* **Peace of Mind:** Invest with confidence, knowing Valoro's Index Tokens include carefully vetted projects.


# For Fund Managers

* **Create Custom Tokens:** Design your own Index Tokens based on your expertise and market insights.
* **Flexibility and Control:** Manage your Index Tokens and tailor them to specific investment strategies.
* **Passive Income Stream:** Earn a portion of the fees associated with your Index Tokens.
* **Build Reputation:** Attract investors with successful Index Token management and build your reputation within the DeFi space.


# For the MultiversX Ecosystem

* **Increased Liquidity:** Index Tokens can attract new investors, boosting overall trading activity for MultiversX projects.
* **Enhanced Project Discovery:** Valoro can introduce investors to promising projects within the MultiversX ecosystem.
* **Innovation and Growth:** The influx of investors through Valoro can incentivize project development and growth within MultiversX.


# Smart Contracts

The architecture and functionalities of Valoro smart contracts.

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Valoro's Smart Contracts are currently private. We plan to open-source them after completing all security audits.
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<figure><img src="https://2621467896-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FUdnebPcSsJJ7AylhP6PG%2Fuploads%2FsNRRn8NyDN9SI5eysmsH%2FGPaFqDGWQAE-qOG.jpeg?alt=media&amp;token=05d56760-fd9e-4bf6-8e9e-29d6457c39b7" alt=""><figcaption></figcaption></figure>

## Overview

<table data-card-size="large" data-column-title-hidden data-view="cards" data-full-width="false"><thead><tr><th>Title</th><th>Description</th><th></th></tr></thead><tbody><tr><td><strong>Valoro Multisig</strong></td><td><em>This is the Owner of the Valoro Contracts (Proxy, Fund Template, Fees Distributor).</em><br><em>It is a Multisig SC, meaning that every action must be voted through the Valoro Founders before being executed in the blockchain.</em></td><td></td></tr><tr><td><strong>Proxy SC</strong></td><td><em>All Fund Contracts will be deployed through the Proxy SC. So, this SC will be the actual Owner of the the Funds.</em><br><em>This contract may also be referred to as our <strong>Factory Contract</strong>.</em></td><td></td></tr><tr><td><strong>Fees Distributor SC</strong></td><td><em>This Contract collects the protocol fees from orders and distributes them to the Valoro Founders.</em></td><td></td></tr><tr><td><strong>Fund Template SC</strong></td><td><em>This contract serves as a template for Fund Contracts. It is used by the Proxy as the base code for all Fund contracts (creations and upgrades).</em></td><td></td></tr></tbody></table>

## Contract Addresses

#### **Core Valoro Contracts**

<table data-full-width="false"><thead><tr><th>Smart Contract</th><th align="center">Address (mainnet)</th><th align="center">Address (devnet)</th></tr></thead><tbody><tr><td>Valoro Multisig</td><td align="center"><a href="https://explorer.multiversx.com/accounts/erd1qqqqqqqqqqqqqpgqjkk9srjerx2ssy298e2z0jzxvkw7qpgt27rs7mn7h6">erd1q...s7mn7h6</a></td><td align="center">-</td></tr><tr><td>Proxy</td><td align="center"></td><td align="center"><a href="https://devnet-explorer.multiversx.com/accounts/erd1qqqqqqqqqqqqqpgqpg2f64hdvwupszxf0jedcc06787w9n6du7zshu55yu">erd1q...shu55yu</a></td></tr><tr><td>Fees Distributor</td><td align="center"></td><td align="center"><a href="https://devnet-explorer.multiversx.com/accounts/erd1qqqqqqqqqqqqqpgqmt9tx9xvzg5chlrwpwtcd74jc7r2gam8u7zsmsrshr">erd1q...smsrshr</a></td></tr><tr><td>Fund Template</td><td align="center"></td><td align="center"><a href="https://devnet-explorer.multiversx.com/accounts/erd1qqqqqqqqqqqqqpgqmn3r2ys6n83uplxe848s2yvphht8cr6qu7zs09jhee">erd1q...s09jhee</a></td></tr></tbody></table>

#### Official Valoro Funds

| Fund Smart Contract |                                                      Address (mainnet)                                                     |                                                          Address (devnet)                                                         |
| ------------------- | :------------------------------------------------------------------------------------------------------------------------: | :-------------------------------------------------------------------------------------------------------------------------------: |
| DeFi                |                                                                                                                            | [erd1q...sw57k0x](https://devnet-explorer.multiversx.com/accounts/erd1qqqqqqqqqqqqqpgq0gk03s6v0c6wch9de0q5whe3h3m734zyu7zsw57k0x) |
| Ecosystem           |                                                                                                                            |                                                                                                                                   |
| Gaming              |                                                                                                                            |                                                                                                                                   |
| BlueChip            |                                                                                                                            |                                                                                                                                   |
| MEME                | [erd1q...swcu9w9](https://explorer.multiversx.com/accounts/erd1qqqqqqqqqqqqqpgqk5evw5t3vnvftqe9r97kz09c22shnkx5u7zswcu9w9) |                                                                                                                                   |

#### Community Valoro Funds

| Fund Smart Contract | Address (mainnet) | Address (devnet) |
| ------------------- | :---------------: | :--------------: |
|                     |                   |                  |