GM Gurus
An option to migrate current funds to the new lotus architecture is currently being tested and will be available soon. Upgrading will be done manually by the fund's guru and is fully optional.
Upgraded funds should see:
1) Faster transaction speed
2) Rebalance tool for gurus
3) At-will fee collection for gurus
4) Fully permissionless
This will not be a reversible process. We will share further details when testing is finished and it is available on the dapp.
🙏
Did you miss the $ASTEROID pump on ETH?
My $GURU fund holders didn’t 🤝
I woke up, saw the alpha and aped with my @thegurufund public wallet at ~13m MC
Everyone invested in my fund is now a clean 2x on @Asterocto whether they were asleep in Europe or not.
Share my entries in real time on $GURU
Solana is next.
We’ve been quietly building out the integration behind the scenes. Same fully on-chain, fully permissionless architecture, now meeting one of the fastest execution layers in crypto.
Solana funds are already live in private testing, and we’re getting closer and closer to the public release.
A new breed of fund managers is about to emerge on @Solana.
To celebrate the launch of Lotus, fund creation fees are now 50% off for the next 2 weeks.
Whether you’re a seasoned Guru or launching your first fund, there’s never been a better time to get started.
Lotus brings a fully decentralized architecture to the platform — and for a limited time, it costs half as much to build on it.
GM Gurus, we've entered the running to be listed on @MessierM87's new offering, Horizon, enabling private transfers for defi projects.
Show your support and give it a vote!
Along with Lotus comes various quality of life improvements, such as the ability to rebalance all fund assets in one go. It does not sell all tokens and re-purchase them, but rather sells only the appropriate amounts to reach the new asset weights. Cheers 🥂
Gurus, the Lotus update has officially completed all testing rounds and is now ready for a public release.
This has been one of our most anticipated upgrades, and we wanted to make sure everything was dialed in before going live.
Built entirely from the ground up with no VC funding — just the team and the community.
Lotus will officially be launching this March.
Lotus is the next evolution of Guru, introducing a cleaner architecture and unlocking powerful new capabilities for both users and Gurus.
See Article -> https://t.co/JHwdzVnm6z
.: Swap Activity
This week, the platform hit a new all-time high of 5,000 total swaps.
With $4,800,000 in lifetime swap volume, that puts the average trade at $960.
Huge thanks to all the Gurus who made this milestone possible.
Stay tuned this week for more details on the upcoming Lotus update.
.: Guru P2P is Live
One of the trickiest parts of managing capital on-chain isn’t finding entries — it’s managing exits.
When a Guru wants to close or rebalance a position, doing it directly on the open market can cause unnecessary noise. A large on-chain sell can spook investors, trigger copycat trades, and damage both reputation and performance.
This pain point was identified during our Beta phase, and a way to trade fund tokens P2P is intended to alleviate it.
-> Private Sell Orders
Gurus can create private, shareable order links when they want to offload or rebalance a position. These links can be sent to specific buyers — trusted investors, OTC partners, projects, or other Gurus.
The orders are not listed publicly, allowing the Gurus to trade fund tokens back to ETH without causing a scene.
-> Public Buy Orders
Users can post public buy orders on the platform that only Gurus can fill. The public P2P page is essentially where Gurus can “go shopping” for opportunities to offload tokens, being offered up from regular users or other Gurus.
Guru P2P is a custom solution specifically designed to help Gurus manage their positions, and not intended as a traditional P2P marketplace.
Gurus, stay tuned in the next few days for the release of our upcoming P2P feature.
Guru P2P will add a much needed avenue for Gurus with large positions to offload tokens without causing a panic. This was one of the most requested features from our users as a result of our Beta phase. It is fully audited, and custom tailored to suit our platform.
Cheers
@NFTGUYY@CryptoGodJohn Check $Guru , you won't regret it , this isn't a bot chilling, @thegurufund . It just takes a minute to understand that it's a Blue Chip, we are talking billions .