Set Protocol Buy Token

www.tokensets.com

Total Value Locked

$23.6M

USD Locked

$23.6M

ETH Supply Locked

51,206.88

Blockchain

Ethereum

Change

0.69%

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
  • 05 Aug 2020
  • TVL USD $23,443,052
  • TVL Change $185,219.00
  • Total ETH Locked 51,363 ETH
  • ETH Locked 1d -280.50 ETH
  • 04 Aug 2020
  • TVL USD $23,257,833
  • TVL Change $866,774.00
  • Total ETH Locked 51,644 ETH
  • ETH Locked 1d -106.79 ETH
  • 03 Aug 2020
  • TVL USD $22,391,059
  • TVL Change $-736,532.00
  • Total ETH Locked 51,750 ETH
  • ETH Locked 1d -339.97 ETH
  • 02 Aug 2020
  • TVL USD $23,127,591
  • TVL Change $2,297,018.00
  • Total ETH Locked 52,090 ETH
  • ETH Locked 1d -29.71 ETH
  • 01 Aug 2020
  • TVL USD $20,830,573
  • TVL Change $612,969.00
  • Total ETH Locked 52,120 ETH
  • ETH Locked 1d -30.26 ETH
  • 31 Jul 2020
  • TVL USD $20,217,604
  • TVL Change $899,740.00
  • Total ETH Locked 52,150 ETH
  • ETH Locked 1d 58.89 ETH
  • 30 Jul 2020
  • TVL USD $19,317,864
  • TVL Change $137,402.00
  • Total ETH Locked 52,091 ETH
  • ETH Locked 1d -65.14 ETH
  • 29 Jul 2020
  • TVL USD $19,180,462
  • TVL Change $-225,866.00
  • Total ETH Locked 52,157 ETH
  • ETH Locked 1d -240.71 ETH
  • 28 Jul 2020
  • TVL USD $19,406,328
  • TVL Change $822,379.00
  • Total ETH Locked 52,397 ETH
  • ETH Locked 1d 459.70 ETH
  • 27 Jul 2020
  • TVL USD $18,583,949
  • TVL Change $760,401.00
  • Total ETH Locked 51,938 ETH
  • ETH Locked 1d 2,802.86 ETH
  • 26 Jul 2020
  • TVL USD $17,823,548
  • TVL Change $1,466,446.00
  • Total ETH Locked 49,135 ETH
  • ETH Locked 1d 909.38 ETH
  • 25 Jul 2020
  • TVL USD $16,357,102
  • TVL Change $61,523.00
  • Total ETH Locked 48,225 ETH
  • ETH Locked 1d -106.77 ETH
  • 24 Jul 2020
  • TVL USD $16,295,579
  • TVL Change $635,949.00
  • Total ETH Locked 48,332 ETH
  • ETH Locked 1d 71.24 ETH
  • 23 Jul 2020
  • TVL USD $15,659,630
  • TVL Change $855,245.00
  • Total ETH Locked 48,261 ETH
  • ETH Locked 1d 1,016.47 ETH
  • 22 Jul 2020
  • TVL USD $14,804,385
  • TVL Change $326,547.00
  • Total ETH Locked 47,244 ETH
  • ETH Locked 1d 4,106.55 ETH
  • 21 Jul 2020
  • TVL USD $14,477,838
  • TVL Change $-350,796.00
  • Total ETH Locked 43,138 ETH
  • ETH Locked 1d 885.72 ETH
  • 20 Jul 2020
  • TVL USD $14,828,634
  • TVL Change $52,233.00
  • Total ETH Locked 42,252 ETH
  • ETH Locked 1d -79.35 ETH
  • 19 Jul 2020
  • TVL USD $14,776,401
  • TVL Change $82,046.00
  • Total ETH Locked 42,331 ETH
  • ETH Locked 1d 5,363.61 ETH
  • 18 Jul 2020
  • TVL USD $14,694,355
  • TVL Change $-202,217.00
  • Total ETH Locked 36,968 ETH
  • ETH Locked 1d -378.41 ETH
  • 17 Jul 2020
  • TVL USD $14,896,572
  • TVL Change $-739,093.00
  • Total ETH Locked 37,346 ETH
  • ETH Locked 1d -13,808.74 ETH