🔮Nova Investment Algorithms

Within your portfolio, you can add instructions for each asset to rebalance over time based on specific triggers and parameters. Below are the current investment algorithms implemented within the platform: Definitions

  • Original Asset: the asset that you select to implement the strategy on through the user interface

  • Comparison Asset: An asset that you want to use as a reference point to compare your original asset

  • Target Asset: An asset that you want to receive when a strategy is selling an original asset.

Dollar Cost Averaging

Description: When using a stablecoin, select the target asset you would like to gradually buy over time. Combine with a yield opportunity to generate returns on both assets during this period. Ruleset/Customization

  • Select target asset

  • Percentage of stablecoin to exchange

  • Days between each purchase

SMA Trader

Description: In an SMA trade, you buy if an asset price rises above its average, or sell if it falls below this average. It's a tool to spot price trends. Ruleset/Customization

  • When the price of X is UNDER SMA for Days, % of it will be sold into USDC

  • When the price OVER SMA it will be sold back into X

Dip Buyer

Description: When a target asset declines by a significant amount, you can organize the dip buyer to convert the original asset into the target asset that has experienced a decline. The timeframe and quantity you choose to dip buy in is completely flexible, so you can capture short term spikes or double down on large long term moves! Ruleset/Customization

  • Select the target asset

  • Select the rate of decline you are interested in buying at

  • Select the timeframes in which you want to measure a dip in

  • Select the amount of the original asset you would like to allocate to each dip

Half on the Double

Description: When assets increase rapidly, it can be valuable to take profit gradually on the way up in case it comes crashing down. Selling half of an asset each time it doubles in price lets you protect your original investment and still go along for the journey. Combine with a yield opportunity to generate returns on both assets during this period! Ruleset/Customization

  • Select the target asset

Take Profit

Description: When an asset is finding success, it can be hard to identify the top price. Use the "Take Profit" tool to gradually exit the position and build up a good average price.

Ruleset/Customization

  • Select the target asset

  • Percentage of asset to exchange

  • Days between each purchase

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