Following the foregoing introduction, it is clear that the core components of the Ceres DAO protocol are CES, an equity token, and CRS, a liquidity token.
However, we are unsure of how effective it will be in practice, which will surely require a lot of tests and attention.In the Ceres DAO ecosystem, each DAO or Node has its own NFT , which is freely transferable. The difference in authority between DAOs and Nodes NFTs is shown in the following figure.50% – injected into the treasuryUnder this governance model, the governance of Ceres DAO will have the following major features.
The beta coefficient is a risk index that is commonly used in traditional fund investing to measure the price volatility of individual stocks or equity funds relative to the overall stock market. It is a tool to assess the systematic risk of a security and can be interpreted as the magnitude of volatility relative to the broader market, or it can indicate the correlation to market volatility.
Specifically, the “Beta” investment strategy refers to investing 70% of the treasury funds in crypto assets in the crypto market, such as BTC, ETH, BNB, etc., and generating relatively stable income through DeFi lending protocol or asset appreciation. The Alpha strategy, on the other hand, focuses on potential projects and aims to gain excess returns, which, of course, means that it will also face greater risks. Therefore, the proportion of Alpha strategy in the overall investment strategy is destined to be smaller, and at the same time, the review process of its investment will be more stringent, after all, Alpha projects are not like BTC and ETH, which have gathered a general consensus.