Key Points

  • Decentralized asset management platform Valio launches, promising users control of their assets and immersion into Web 3
  • The platform targets “leveling the playing field” for investors.

Valio, a new decentralized asset management system, has launched publicly, aiming to allow users to have their funds managed by professional traders without trusting them as custodians.

Leveling the playing field?

As Web 3 keeps evolving, new solutions are coming up now and then. Some of these solutions aim to increase users’ productivity in the Web 3 sector. In that line, Valiio, a new decentralized asset management system, has come up to allow users to have their funds managed by traders trustlessly.

The application allows investors to browse a list of managers and view their trade stats via an explore page. If the investor back a particular money manager, they can deposit their assets to participate in that manager’s fund. These funds are then held in smart contracts, ensuring the manager cannot withdraw them.

In conversations with Fintech Express, the platform’s founder, Karlis, told us that the platform simply aims to increase smart access to crypto and ensure investors do not have to guess through what tokens to invest in.

“Valio provides simple access to smart crypto exposure. With Valio, you no longer have to guess what tokens to buy, but instead, you can back proven Web3 traders and asset managers trustless.”

During the launch, Valio is integrated with Optimism and Arbitrum. Still, Karlis told us that they expect to launch it on networks like Ethereum Mainnet and Base soon, as well as any other network their community wants.

Right now, Valio is live on Optimism and Arbitrum. We plan to launch on Ethereum mainnet and Base and any other LayerZero-supported networks the community wants. 

According to Karlis, the platform also uses a “cumulative price impact tolerance architecture” that limits the amount of price impact money managers can cause to an individual investment. This functionality is added to prevent managers from drinking user money into illiquid assets. 

He added that this ensures that even if a corrupt manager decides to make away with the money, he can only take 3 to 5%, which is much lower than what could have been earned honestly.

  “The Cumulative Price Impact Tolerance (CPIT) is a custom-built security architecture that allows Valio to facilitate a trustless and non-custodial asset management relationship between traders and depositors. The CPIT solves the billion-dollar fraud problem in our industry by eliminating the need for trust between managers and depositors while protecting depositors from rugs. Existing asset management platforms also limit trader scope as they scale TVL, whereas our CPIT does not do that.” He said.

In summary, Karlis said they were glad about the success they saw at the project launch and believe they have unlocked a new asset class for the industry that will reshape the industry. He added that though it is in its initial phases, they aim to keep building Valio up into the future.

“We have been thrilled with the usage we have seen so far. We’ve seen over 100 new vaults created since launch, and users seem to enjoy the product. Although it’s still in the early stages with limited functionality, we’re excited about the future as we continue to grow Valio. We believe that we have unlocked a new asset class for the industry.”

Keep watching Fintech Express for more updates on Web 3 and other fintech-related developments.