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Real-World Crypto

Responding to a token de-pegging

[Cross-published to LinkedIn]

FNDX manages its holdings conservatively & cautiously, avoiding nearly all of 2022’s crashes & fraud. Recently, there was an event with a portfolio token that FNDX monitored, analysed & responded to. 

The article on the FNDX website: “Responding to the WBTC de-peg in the wake of the FTX-Alameda Research collapse

Given the minefield that crypto is today, a conservative approach & clear policies for treasury management are table-stakes. 

You know exactly what tradeoffs you’re going to make and can act without hesitation. This is a great example.