Set Protocol Buy Token

www.tokensets.com

Total Value Locked

$15.8M

USD Locked

$15.8M

ETH Supply Locked

16,685.54

Blockchain

Ethereum

Change

3.11%

What is set-protocol?

Set Protocol is an open-source protocol on the Ethereum blockchain that allows investors to manage their crypto portfolio in an automated way, choosing among the different available strategies provided by the system.

The Set Protocol platform offers different services and strategies to users. One of these services is called Set Social Trading, which allows the investor to copy in a fully automated way the strategies of the highest performing traders.

There are also three different types of macro-strategies; each of them allowing for flexible adaptation to the different needs that a user may have.

The first one is called Trend Trading and it is basically a strategy that follows the most used analyses, indicators and techniques.

The second strategy sets automatic buy and sell orders respectively on the main minimum and maximum points of a given price range; this is why it is called Range Bound.

Finally, the third strategy, called Buy and Hold, is the one that suits the most optimistic investors. The name already speaks for itself; it is, in fact, a long-term purchase made on a certain crypto, thereby protecting the investor from overexposure to the market.

There are actually many other automated investment strategies that should be looked at in more detail; one of them, which is very interesting, is called ETH20SMACO and is currently the most widely used.

How to use set-protocol?

Each Set is the equivalent of a tokenized portfolio containing the basket of tokens underlying the Set itself, such as WETH, WBTC, Dai and USDC. Simply put, it is the representation of a fully collateralized portfolio. The Sets created are nothing more than ERC20 tokens and as such, they can be freely exchanged.

In addition, there are automatic mechanisms that balance the allocation of assets contained in the different sets according to market changes, while always taking into account the strategy chosen by the investor.

For greater efficiency and decentralization of processes, the Set Protocol uses Maker's oracles for continuous on-chain price updates and Kyber's liquidity pool to create new Sets, which can only be purchased with ETH.

The advantages of trading managed by automated strategies are related, in addition to time and effort savings, to the reduction of emotional risk, potentially missed opportunities and a diversification of the automated portfolio, thus reducing the specific risk.

Set Protocol Historical Stats

  • Date
  • TVL (USD)
  • TVL Change
  • Total ETH Locked
  • ETH Locked 1d
  • 19 Sep 2020
  • TVL USD $15,694,334
  • TVL Change $368,513.00
  • Total ETH Locked 17,368 ETH
  • ETH Locked 1d 4,475.59 ETH
  • 18 Sep 2020
  • TVL USD $15,325,821
  • TVL Change $218,154.00
  • Total ETH Locked 12,893 ETH
  • ETH Locked 1d 3,285.44 ETH
  • 17 Sep 2020
  • TVL USD $15,107,667
  • TVL Change $75,833.00
  • Total ETH Locked 9,607 ETH
  • ETH Locked 1d 90.30 ETH
  • 16 Sep 2020
  • TVL USD $15,031,834
  • TVL Change $-192,113.00
  • Total ETH Locked 9,517 ETH
  • ETH Locked 1d -67.91 ETH
  • 15 Sep 2020
  • TVL USD $15,223,947
  • TVL Change $179,492.00
  • Total ETH Locked 9,585 ETH
  • ETH Locked 1d -999.21 ETH
  • 14 Sep 2020
  • TVL USD $15,044,455
  • TVL Change $-433,504.00
  • Total ETH Locked 10,584 ETH
  • ETH Locked 1d 485.59 ETH
  • 13 Sep 2020
  • TVL USD $15,477,959
  • TVL Change $-345,115.00
  • Total ETH Locked 10,099 ETH
  • ETH Locked 1d 1,186.09 ETH
  • 12 Sep 2020
  • TVL USD $15,823,074
  • TVL Change $25,669.00
  • Total ETH Locked 8,913 ETH
  • ETH Locked 1d -7.41 ETH
  • 11 Sep 2020
  • TVL USD $15,797,405
  • TVL Change $118,852.00
  • Total ETH Locked 8,920 ETH
  • ETH Locked 1d 602.93 ETH
  • 10 Sep 2020
  • TVL USD $15,678,553
  • TVL Change $138,968.00
  • Total ETH Locked 8,317 ETH
  • ETH Locked 1d -25.37 ETH
  • 09 Sep 2020
  • TVL USD $15,539,585
  • TVL Change $-254,892.00
  • Total ETH Locked 8,342 ETH
  • ETH Locked 1d -336.13 ETH
  • 08 Sep 2020
  • TVL USD $15,794,477
  • TVL Change $-66,479.00
  • Total ETH Locked 8,678 ETH
  • ETH Locked 1d 5.15 ETH
  • 07 Sep 2020
  • TVL USD $15,860,956
  • TVL Change $-832,688.00
  • Total ETH Locked 8,673 ETH
  • ETH Locked 1d -186.95 ETH
  • 06 Sep 2020
  • TVL USD $16,693,644
  • TVL Change $-2,411,591.00
  • Total ETH Locked 8,860 ETH
  • ETH Locked 1d -23,466.12 ETH
  • 05 Sep 2020
  • TVL USD $19,105,235
  • TVL Change $68,587.00
  • Total ETH Locked 32,326 ETH
  • ETH Locked 1d -883.71 ETH
  • 04 Sep 2020
  • TVL USD $19,036,648
  • TVL Change $-2,478,420.00
  • Total ETH Locked 33,210 ETH
  • ETH Locked 1d -6,642.66 ETH
  • 03 Sep 2020
  • TVL USD $21,515,068
  • TVL Change $-2,171,207.00
  • Total ETH Locked 39,853 ETH
  • ETH Locked 1d -1,167.50 ETH
  • 02 Sep 2020
  • TVL USD $23,686,275
  • TVL Change $46,905.00
  • Total ETH Locked 41,020 ETH
  • ETH Locked 1d 23,840.90 ETH
  • 01 Sep 2020
  • TVL USD $23,639,370
  • TVL Change $-586,933.00
  • Total ETH Locked 17,179 ETH
  • ETH Locked 1d -212.65 ETH
  • 31 Aug 2020
  • TVL USD $24,226,303
  • TVL Change $183,516.00
  • Total ETH Locked 17,392 ETH
  • ETH Locked 1d 3,852.64 ETH