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Tokensets - What are Tokensets? Automated Crypto management Strategies as an ERC20 Token - DeFi - YouTube

Channel: Kierin

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in this video you learn everything you

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need to know about how you can manage

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your portfolio with algorithmic trading

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using token sense I think it's a very

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exciting decentralized finance platform

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based on aetherium we look at what is

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what are set tokens what is set has a

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work which cryptocurrencies are used in

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token sets what can you do with token

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sets different options the types of Robo

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sets the types of trading strategies

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that are available to buy our moving

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average set is created where how it

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works the advantages of token sets the

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disadvantages and the tax implications

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of token sets and my last video talks a

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lot about decentralized finance and in

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this video I want to bring to you and

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very exciting platform that will help

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you enhance your portfolio get a better

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return on investment on the long term by

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leveraging different trading strategies

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that work behind the scenes and you do

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not have to do anything apart from

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buying the single ESC 20 tokens at the

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beginning of a set was created in

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November 2017 the set protocol and it's

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an emerging decentralized finance

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platform based on aetherium

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so the tokens are Yesi 20 tokens and

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basically the set protocol is allows you

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to buy different baskets of tokens that

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performs a different function set

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protocol is a tool to automate

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algorithmic trading strategies by buying

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a single ESC 20 tokens so you don't have

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to choose the strategy that one use and

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you buy that strategies es e 20 token so

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each trading strategy is represented as

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a unique es e 20 token a code and set

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and the cryptocurrencies within that set

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are fully collateralized with different

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cryptocurrencies

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the cryptocurrencies are a theorem then

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you've got wrapped a theorem which is an

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ESC 20 token I expect one by one by

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etherium then you've got the USD

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C which is a stable coin then you've got

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compounded us DC which is basically us

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DC but you get interest when you hold

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that particular stable coin and you've

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got a single collateral Dao die sigh and

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you've got wrapped Bitcoin which is an

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ELC 20 token backed one by one by

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Bitcoin an interesting prize it's got

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the advantages of having an EFC 20 token

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which you can use on the Ephesian

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blockchain but it's backed one by one by

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Bitcoin so it's got the store of value

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of Bitcoin so the solutions on a set

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protocol as following you've got the

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social trading sets basically traders

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create their own sets based on different

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indicators and you can buy the different

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trading strategies as an ELC 20 token

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then you've got Robo sets which are

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predefined algorithmic trading sets such

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as moving average RSI and so on and then

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you've got traders who you can copy

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trade and see what kind of sets they're

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buying so you get an impression of what

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you can buy these are the four options

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and we'll be looking at Robo sets first

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the different Robo sets available are

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you've got smart

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rebalancing where you've got for example

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75% Eve and 25% USD see in your set and

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should the price of a theorem rise then

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a little bit of the film will be sold so

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that the balance is again 75% and 25%

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u.s. DC and the same as if if you run

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false then a bit more if you will be

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bought by the available US DC sable coin

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in that set so now if trend trading

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you're using exponential moving averages

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and moving averages and you can maybe

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have you can have afib reom and another

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stable coin or BTC and another stable

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coin and that will sell and buy based on

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these indicators we'll look at an

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example of a moving average set later on

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in the video now range bound uses RSI

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and our size relative strength index

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indicator which highlights when

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NASA is overbought or oversold and the

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same with the moving average you've got

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here the asset here will be bought or

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sold depending on what the relative

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strength index is showing on the charts

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then you've got buy and hold sets which

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for example 50 percent wrapped ptc and

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fifty percent wrapped if and this is

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very similar to the smart rebalancing

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where basically should the price of BTC

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rise exponentially and the the balance

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fifty percent fifty percent it's not

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there anymore then a little bit of PTC

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is sold so that the waiting is again 50%

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and 50% but you've got many different

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options and you can select from those to

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choose the set that you think it's going

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to outperform the market the best this

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is an example of an EVM 20-day moving

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average across over set so on the left

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you've got wrapped aphelion which is an

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easy 20 stokin which is backed one by

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one by etherium plus the USD stable

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point and Plus that when it a moving

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average indicator and all this together

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is then the e theorem 20-day moving

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average crossover crossover set ESC 20

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token and this is one token that you can

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buy and you don't have to buy this token

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and you've got this trading strategy and

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with this trading strategy when the

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price goes above the 20-day moving

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average a wrapped if um gets bought with

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the available USD see and when the price

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falls below the 20-day moving average

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wrapped if um get sold for a year the

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USD see I think it's very interesting

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approach having such trading strategy

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Yesi 20 token in your portfolio because

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allows you to hedge against the risk of

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the price falling down so we on if

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you--am 20-day moving average crossover

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set as I mentioned before this is the

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content of this year C 20 token if

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20-day moving average crossover set so

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you've got the ramped if you room at the

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mall

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and the rebalancing such that all the

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money is in wrapped afib reom and none

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of the money is in USD stable coin with

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this charm if we start back here on the

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8th of August as you can see the dotted

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blue line on the chart is the price of

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wrapped aetherium and as you can see

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when the price is falling as soon as it

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falls below the simple moving average a

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20-day simple moving average I guess

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owed for the stable coin and when the

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token set has its value in the stable

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coin the price remains constant as the

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stable coin always has the same price

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and that means that you can hedge

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against the falling etherium and on the

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8th of September there's another

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rebalance because the price of etherium

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is going above the 20-day simple moving

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average so if we will get spa Bank and

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it can profit from the price increasing

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now as you can see here the total value

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of the set increased to three hundred

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and twenty-two dollars here we add

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another rebalance on the 24th of

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September as you can see with the Eve

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20s Macau you only have minus twenty

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percent and you had you kept inferior

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I'm only theorem during that time you

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would have had minus forty four percent

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return on investment which is not very

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good advantages of token sets are it can

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save you a lot of time and effort it's

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automated the rebalancing is automated

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this 24-hour monitoring of your

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portfolio and there's no commitment on

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your part

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apart from selecting the certain sets

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you want to invest in

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it's basically an automated strategy it

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reduces the emotional risk involved in

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the market reduced missed opportunities

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and this instant diversification you can

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stay in control of your portfolio

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without having to do anything because

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everything happens behind the scenes so

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if you're interesting and learning how

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you can buy one of these years each one

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touken strategies then hit that

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subscribe button as i'll be releasing a

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video showing you exactly how you can do

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that in the next few weeks the only

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thing that you need to have to begin

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with the ELC 20 token set strategies is

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aphelion capable wallet but I'll keep

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that for the next video I want to point

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out a few downsides of token sets

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because I think that's very important

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one of the biggest downsides is token

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sets are very good for neutral and

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bearish markets meaning that in the long

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term you have a return on investment but

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it won't be the highest return on

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investment possible since the token sets

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are not sold at the top when the price

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is at its highest but very often when it

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crosses an indicator which means a

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little bit of lost profit or if you're

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looking for a moon lambo and 10x

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investment then you might be better off

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buying some random hour coin but the

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chances of that performing well over the

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next 10 years is slim to none another

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point I want address and that's not very

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sure and that's the taxation when these

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rebalances happen it's not really sure

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what the taxation regulation is if for

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example aphelion Ramsey theorem is

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rebalanced for a stable coin or bought

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back from a stable coin so there are no

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clear guidelines about these rebalancing

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which are happening automatically in the

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token set it might be something that

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someone that's living in America might

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have to think about because you've got

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much higher tax regulations as maybe

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people living in other countries for

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example European countries so that was

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it for this video hope you learned

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something as valuable and I think these

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token sets are a fantastic tool to use

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as a hedge against different bear

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markets and also very interesting as

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decentralized finance platform and it

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just shows the opportunities that retail

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investors have in the space and that

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they can already benefit from using

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different algorithmic strategies that

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help them manage their portfolio

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passively without the retail investor

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having to do anything so you wouldn't

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have to do anything it just can buy

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these 20 tokens and benefit over a

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longer period of time of a higher return

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on investment so that was today's video

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hope you enjoyed it feel free to hit

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that red subscribe button to be part of

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the team and I'll be releasing a lot

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