What is the Metera Protocol?
Metera Protocol is a decentralized finance (DeFi) protocol built on the Cardano blockchain that enables the creation and support of tokenized portfolios known as Metera Tokenized Portfolios (MTKs). Each MTK is assigned a Global Impact Score based on the Impact Measurement System (IMS) tool, which assesses the sustainability and impact aspects of decentralized digital assets, providing visibility to projects that are generating more impact.
The dashboard will provide a user-friendly interface for users to mint and burn MTKs, see the underlying assets within an MTK, consult their MTK holdings and track the performance of their investments.
Tokenized portfolios are a streamlined asset management tool that allow users to manage multiple assets through a single token. MTKs are constantly rebalanced based on-chain oracles that tracks market trends, making asset management simpler, more efficient, and cost-effective.
The underlying assets of an MTK are held in non-custodial vaults using smart contracts, ensuring that the funds are secure and transparent in a non-custodial manner. The assets can only enter the vault at the time of minting and can only exit at the time of burning, which means that neither Metera or portfolio managers have access to the funds
Users can become Portfolio Managers and create their own MTKs, create the strategy they want, add underlying assets and charge a perfomance fee on the TVL.
Metera’s team doesn’t have any access to the funds held by MTKs. Funds are safe in non-custodial vaults.
*** Please keep in mind this document is a work in progress, things may change as the project evolves ***