In our last series of articles we have explored the mechanics of $TEMPLE, our first token.
If you missed them:
- TempleDAO principles and the intrinsic value concept
- Mechanics 1: Safe Harvest & intrinsic value (👈 important context)
- Mechanics 2: Safe Premium
- Mechanics 3: Bonus Rewards
- Mechanics Part 4: Unstake Queue & Temple Defend
Today we are excited to lay out the waypoints for where the Protocol is headed in the coming months. But first, let’s reaffirm what Temple represents.
What is Temple
A place to grow your bags while you sleep easy in the Temple.
What does that mean?
- Community first
- Long term value creation
- Automated and simple — not fast-twitch casino trading
Our governance token, $TEMPLE, was designed from these core principles. The last series of articles explored its anti-shitcoin price stability features, intrinsic value only-up, and long-term rewards.
But we want to bring these principles to all of your investments in crypto.
A multi-vault investment pool that allows users to customize their risk exposure to growth coins simply by staking.
This means you would do less of this:
- Active portfolio management
- Watching bar charts
- Adrenaline-fueled entries and exits
- Wasting gas moving between protocols or swapping coins
- Implementing overly complex or cumbersome strategies on your own
And more of this:
- Stake your desired asset in the Temple
- Select from the best community-driven derivatives strategies
- Choose your desired risk / return level
- Save on gas by pooling together with other Templars
- Let the automated strategy do all the work
The automated investment pools abstract away the complexity of derivative strategies to accelerate portfolio growth, hedge volatility, and reduce gas costs.
We see the Temple paradigm as an exciting development in DeFi: Bring in more sophisticated trading strategies, owned and governed by the community, for the benefit of all Templars.
Choose your risk level
Let’s make a guess and say you believe in DeFi and want $ETH exposure.
If you’re happy with holding naked Ether, no problem. You can buy and hold. Perhaps you can gain more leverage by borrowing USDC against it, and using the stablecoin to double down or invest in other DeFi tokens. Great! But you’re still exposed to 100% Ether with no hedge.
Volatility is great when prices are moving in your favor.
Let’s say it’s early May 2021 and $ETH is hitting all time highs over and over.
Many of us will begin to feel the effects of altitude sickness at those rarefied heights and desire to reduce the risk levels to play it safer and keep more of the gains.
But how? Everyone looks like a genius during bull szn. But how many of us can time the market top with a perfect $ETH dump for stablecoins on May 11? You’ll need to be crazy lucky and you might get the crypto jitters as you watch the market obsessively, wondering if you’re selling too early or too late.
Wouldn’t it be great if you could choose your level of $ETH exposure with automated risk management options?
What if you could enter the Temple of DeFi and chill while an automated trading strategy protected your downside, and you still could benefit from the ascent of Ethereum?
We want you to sleep easy in the Temple.
Let’s say it’s July 2021 and Ether is going sideways.
You believe in DeFi long term and want to maintain $ETH exposure, but you also know that 50% Ether and 50% stablecoin is the midwit way of portfolio management.
Is there a better way to maintain upside exposure but hedge the downside risk? Wouldn’t it be great if you could hedge your long exposure by automatically rolling over part of your portfolio into stable coins, or hedge your downside risk with futures or options?
There is a better way to a more sophisticated strategy and active portfolio management.
You enter the TEMPLE of DeFi and chill.
Curated investment pools with automated trading strategies
This is exactly what is coming next.
We have a range of investment pools lined up, each with a specific investment thesis in mind — just like the two examples above. You choose what kind of exposure you want, and we provide the right trading strategy pool to express your crypto outlook while you chill.
Want to increase your risk and accelerate returns? Deleverage and hedge harder? Simply swap pools! Choose from maximum downside protection for those rainy days, to maximum moon boi longs for when you are feeling irrationally bullish. Mix and match to your heart’s content!
And that’s not all. By combining strategies, we will provide the optimal pool mixture for when you believe prices will keep moving sideways.
The next generation of DeFi investing
Many thought leaders on Crypto social media are talking about how the new emerging derivatives options in DeFi are the next big thing.
Temple is taking you to the next level. You don’t need to be an options or futures trader. We will do the work for you both in designing the strategies, and automatically executing them at scale and with maximum gas efficiency in a decentralized and transparent way.You will know exactly what you’re getting.
Don’t simp for those exclusive, centralized, and opaque whale funds that are open only to the 0.001%. Enter the Temple so we can grow your bags while you grow your soul..
First step first
If you believe in the future we’re building, join us and partake in our first offering: $TEMPLE.
Our next article will tell you exactly how: Launch Process & Tokenomics.
The information provided in this Medium Post pertaining to Temple DAO (“Temple DAO”), its crypto-assets, business assets, strategy, and operations, is for general informational purposes only and is not a formal offer to sell or a solicitation of an offer to buy any securities, options, futures, or other derivatives related to securities in any jurisdiction and its content is not prescribed by securities laws. Information contained in this Medium Post should not be relied upon as advice to buy or sell or hold such securities or as an offer to sell such securities. This Medium Post does not take into account nor does it provide any tax, legal or investment advice or opinion regarding the specific investment objectives or financial situation of any person. Temple DAO and its agents, advisors, directors, officers, employees and shareholders make no representation or warranties, expressed or implied, as to the accuracy of such information and Temple DAO expressly disclaims any and all liability that may be based on such information or errors or omissions thereof. Temple DAO reserves the right to amend or replace the information contained herein, in part or entirely, at any time, and undertakes no obligation to provide the recipient with access to the amended information or to notify the recipient thereof. The information contained in this Medium Post supersedes any prior Medium Post or conversation concerning the same, similar or related information. Any information, representations or statements not contained herein shall not be relied upon for any purpose. Neither Temple DAO nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this Medium Post by you or any of your representatives or for omissions from the information in this Medium Post. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed in this Medium Post.