Indra / ˈɪndrə / noun
God of lightning in Indian Mythology
Products
IndraCapital.finance
High-performance DeFi vaults featuring Delta-Neutral, Arbitrage, Triangular arbitrage, Market making and Liquidity provisioning strategies.
IndraDEX
Cross-chain decentralized spot, futures and options trading platform.
IndraX
Centralized exchange (CEX) supporting fiat-crypto onramps, spot trading, borrow/lend markets, AMMs and NFT markets.
YieldWallet.io
Staking-as-a-service provider. Support for XTZ, MATIC, ONE and Mina + Liquidity Staking (coming soon). $9 million delegated and rising.
AiravatBot
Telegram chatbot that is fully integrated with IndraX, IndraDEX, YieldWallet.io and the rest of the DeFi ecosystem.
Market Opportunity
IndraCapital.finance
Revenue model : 20/2 LP / Vault management fee.
Self-owned passive funds can be parked in vault for high APR.
YieldWallet.io
Revenue model: % of commissions from staking rewards.
Can SCALE with exchange integration.
IndraDEX
Revenue model #1: 20/2 LP / Vault management fee.
Revenue model #2: DEX listing, withdrawal and trading fees.
IndraX
Revenue model #1: CEX listing, withdrawal and trading fees.
Revenue model #2: 20/2 LP / Vault management fees including LPs involving INR-Crypto pairs.
Liquidity staking will free up more funds for DeFi and Derivatives TVL.
AiravatBot
Revenue model: Affiliate / User origination fees.
Enables CeDeFi, Liquidity staking.
IndraCapital.finance
Revenue model : 20/2 LP / Vault management fee.
Self-owned passive funds can be parked in vault for high APR.
YieldWallet.io
Revenue model: % of commissions from staking rewards.
Can SCALE with exchange integration.
IndraDEX
Revenue model #1: 20/2 LP / Vault management fee.
Revenue model #2: DEX listing, withdrawal and trading fees.
IndraX
Revenue model #1: CEX listing, withdrawal and trading fees.
Revenue model #2: 20/2 LP / Vault management fees including LPs involving INR-Crypto pairs.
Liquidity staking will free up more funds for DeFi and Derivatives TVL.
AiravatBot
Revenue model: Affiliate / User origination fees.
Enables CeDeFi, Liquidity staking.
IndraCapital.finance
Revenue model : 20/2 LP / Vault management fee.
Self-owned passive funds can be parked in vault for high APR.
IndraX
Revenue model #1: CEX listing, withdrawal and trading fees.
Revenue model #2: 20/2 LP / Vault management fees including LPs involving INR-Crypto pairs.
Liquidity staking will free up more funds for DeFi and Derivatives TVL.
YieldWallet.io
Revenue model: % of commissions from staking rewards.
Can SCALE with exchange integration.
AiravatBot
Revenue model: Affiliate / User origination fees.
Enables CeDeFi, Liquidity staking.
IndraDEX
Revenue model #1: 20/2 LP / Vault management fee.
Revenue model #2: DEX listing, withdrawal and trading fees.
Current Traction – YieldWallet.io Metrics
IndraCapital.finance – Key Points
Vault Strategy
All positions will be fully hedged and have no short or long bias. Movements in price of the underlying will have 0 impact.
Vault strategies revolve around basis trading, arbitrage, triangular arbitrage, opportunistic market making and opportunistic liquidity provisioning. All of them involve some form of Arbitrage or opportunity for Risk-less profit.
While some of the strategies revolve around taking advantage of fleeting conditions that are present for a few seconds, others are long term and persistent. Some trades can and will remain open for months, collecting the yield on an ongoing basis.
Daily crypto derivatives volume is currently around $200M per day. Trading volume across DEXes, CEXes and all blockchains is a large multiple of that. ALL of this trading activity is amenable to microscopic analysis to identify the types of opportunities we’re looking for.
We wish to democratize access to the type of highly sophisticated strategies used by the best crypto hedge funds out there, and make it accessible to any Metamask user who wishes to deposit their Stablecoins into our Vaults.
Traditionally, DeFi vaults have been able to generate returns based on teaser APRs, yieldfarming rewards and such. These are transitory and will disappear when the market matures. Our strategy is superior due to the fact that none of it is based on these artificial market conditions.
Key Points
Vault Strategy
Delta-Neutral
All positions will be fully hedged and have no short or long bias. Movements in price of the underlying will have 0 impact.
Arbitrage
Vault strategies revolve around basis trading, arbitrage, triangular arbitrage, opportunistic market making and opportunistic liquidity provisioning. All of them involve some form of Arbitrage or opportunity for Risk-less profit.
Short and Long term
While some of the strategies revolve around taking advantage of fleeting conditions that are present for a few seconds, others are long term and persistent. Some trades can and will remain open for months, collecting the yield on an ongoing basis.
Scalable
Daily crypto derivatives volume is currently around $200M per day. Trading volume across DEXes, CEXes and all blockchains is a large multiple of that. ALL of this trading activity is amenable to microscopic analysis to identify the types of opportunities we’re looking for.
Democratized
We wish to democratize access to the type of highly sophisticated strategies used by the best crypto hedge funds out there, and make it accessible to any Metamask user who wishes to deposit their Stablecoins into our Vaults.
Higher Quality Yield
Traditionally, DeFi vaults have been able to generate returns based on teaser APRs, yieldfarming rewards and such. These are transitory and will disappear when the market matures. Our strategy is superior due to the fact that none of it is based on these artificial market conditions.
Moats
Proprietary Trading Strategy
The strategy we use is proprietary and is continually being tuned and optimized to generate larger yields. The execution is automated and takes into account market conditions, position sizing and potential slippage.
Higher Alpha at Scale
Costs tend to 0 as trading volumes hit a certain scale. Trading commissions and all fees paid are heavily discounted at various exchange partners. When the IndraDEX trading platform is built out it will be negative. Commissions earned start accruing to VAULT investors and boosting APRs! This moat is expected to grow over time.
Machine Learning
We will build a Data Science / Machine learning practice that will optimize entry / exit points, position sizes and trade criteria, among other things.
Dual Investment Option
- 2 investment options: a. Participate in the token sale and b. Invest directly in the vault.
- Investors would ideally participate in both to achieve maximum ROI.
- Staking: Every $8 invested in the AIRA token and staked will enable $100 invested in the vault to enjoy 0% management fees (2% otherwise).
- Modeling the Dual Investment:
- Assume 25% returns.
- $8K in AIRA token + $100K in vault will yield approx $24K return in 12 months.
- This is about 3X the 8K investment in the token sale w/ the 100K principal fully preserved.
- Returns on vault continue as long as invested.
- Investor still own AIRA token that should see significant value accrual on community adoption and usage.
- For friends and family, investment funds, hedge funds, and individual high networth investors
- Price per token: $0.013
- Allocated amount of tokens: 2.55%, 25 500 000 tokens
- Amount to be raised: $0.3315M
- Vesting: 6% at TGE, 6 month cliff , daily unlock after Cliff for 12 months
- Price per token: $0.018
- Allocated amount of tokens: 3.825%, 38 250 000 tokens
- Amount to be raised: $0.6885M
- Vesting: 9% at TGE, 3 month cliff, daily unlock after Cliff for 9 months
- Price per token: $0.023
- Allocated amount of tokens: 3.4%, 34 000 000 tokens
- Amount to be raised: $0.782M
- Vesting: 12% at TGE, 2 month cliff, daily unlock after Cliff for 6 months
- Price per token: $0.03
- Allocated amount of tokens: 0.85%, 8 500 000 tokens
- Amount to be raised: $0.255M
- Vesting: 15% at TGE, 1 month cliff, daily unlock after Cliff for 3 months
Tokens unlocked at TGE : 11.8275M
Fully diluted marketcap : $30M
The seed round raise
- For friends and family, investment funds, hedge funds, and individual high networth investors
- Price per token: $0.013
- Allocated amount of tokens: 2.55%, 25 500 000 tokens
- Amount to be raised: $0.3315M
- Vesting: 6% at TGE, 6 month cliff , daily unlock after Cliff for 12 months
Private round A
- Price per token: $0.018
- Allocated amount of tokens: 3.825%, 38 250 000 tokens
- Amount to be raised: $0.6885M
- Vesting: 9% at TGE, 3 month cliff, daily unlock after Cliff for 9 months
Private round B
- Price per token: $0.023
- Allocated amount of tokens: 3.4%, 34 000 000 tokens
- Amount to be raised: $0.782M
- Vesting: 12% at TGE, 2 month cliff, daily unlock after Cliff for 6 months
Public sale
- Price per token: $0.03
- Allocated amount of tokens: 0.85%, 8 500 000</span tokens
- Amount to be raised: $0.255M
- Vesting: 15% at TGE, 1 month cliff, daily unlock after Cliff for 3 months
Tokens unlocked at TGE : 11.8275M
Fully diluted marketcap : $30M
Airavat Token Utility
The token can be used for:
IndraX trading and withdrawal fees
IndraDEX trading and
withdrawal fees
IndraX / IndraDEX listing fees
Staking for IndraCapital.finance vault access
Staking for IndraCapital.finance vault
maintenance fee waiver
Staking for lower YieldWallet.io fees
Collateral on Lend/Borrow
Token Allocation
The initial allocation of the Airavat token will be as follows:
0.85% Public token sale
2.55% Private sale (seed)
3.825% Private sale (strategic round)
3.40% Private sale (private round)
22% Team
34.375% Reserve
15% Airdrops, Bounties, Yieldfarming
15% Partners / Ecosystem
3% Advisors
Funds Allocation
The funds raised will be allocated to the following functions :
40% Product Development
15% Operations
5% Legal and Accounting
15% Marketing
15% Indra Treasury
10% Research & Development
Roadmap
