Calculating token / currency
Last updated
Last updated
Every fund should understand the currency of its base asset in order to estimate portfolio size, profits, losses, and fees. In ASPIS this function is performed by "Calculating token/currency".
Calculating token/currency defines a single measure used to calculate the following parameters:
Investors deposit
Assets under management
Monthly spending limits
Portfolio change (profit/loss)
Fund-management fee
Performance fee
Rage quit fee
In MVP, only $USD is available as a calculating token/currency, since it is a fairly common and accepted measure of performance.
Up-to-date information about the value of $USD in relation to the tokens will be available in real-time through the use of the chainlink oracles.