What is EnsoFinance?
The idea for Enso was first born to solve the problem of composing investment strategies among all of the ERC20 network. The problem was simple: we could not “batch buy” tokens. The team at Enso also wanted to create “social” investment strategies (think EToro), wherein they could co-invest with friends who had a nose for finding gems among low cap Tokens.
EnsoFinance was created to make Defi more open. The Enso platform enables the individual investor to compose an unlimited number of strategies that include all ERC-20 tokens available in the DeFi ecosystem, plus yield farming. Enso accomplishes this with a simple, intuitive UI. This user interface enables you to discover and create meta strategies by subscribing to, or “following,” other traders. This allows even the most inexperienced trader to combine strategies with the best, and win at DeFI regardless of your experience level.
This social trading aspect of the platform allows you to invest in everything from other traders strategies to multisig syndicates and even decentralized autonomous organizations(DAOs).
About the EnsoFinance Team:
The EnsoFinance team is working with top investors in the industry such as Polychain Capital, Dfinity beacon fund, Multicoin Capital, P2P Capital, Spartan Group, Zola Global and The LAO.
There are also a host of angel investors supporting and shaping EnsoFinance. This list includes Jarrad Hope from Status, Artia Moghbel of Dfinity , Kain Warwick of Synthetix , and Stani Kulechov from Aave .
EnsoFinance Tokenomics:
The details are slim, but here’s what we know. Enso will be released as an ERC20 utility token. The tokenomics will include percentages for incentives on platform, as well as possible use cases for the token such liquid democracy style voting on features and other aspects of the platform management.
How to participate in the EnsoFinance ICO:
The launch date for the private sale is still TBA. The interest rating is high on ICO Drops, and the launch is listed as “Coming Soon.” You can check back for more info as it becomes available. Feeling jazzed about Enso? You can also visit Enso.Finance and sign up for the newsletter to stay updated.