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Nova Strategies

Within your portfolio, you can add instructions for each asset to rebalance over time based on specific triggers and parameters. Below are the current strategies implemented within the platform: Definitions
  • Original Asset: the asset that the user has 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: Using the 50 day Simple Moving Average (SMA) value as an indicator, it is possible to determine whether to buy or sell an asset. If the price is above the SMA, hold it. If the price is below the SMA, Sell it. Choose a minimum number of days to wait after a crossover occurs to limit "Flip-Flopping" between buying and selling the original asset when indecision in the market occurs. Ruleset/Customization
  • Amount of days below the SMA value to wait before execution
  • Percentage of the Original Asset to sell in the event of a crossover
  • Select target asset to sell into (we recommend stablecoins)
Transaction Count Rebalancer
Description: If an asset is popular and growing, transactions will occur frequently and grow. Mature assets will often have a consistent amount. Early stage assets are often experimental. With TXR, you can rebalance and reduce your risk if they show signs of decline. Ruleset/Customization
  • Select comparison asset
  • TXR automatically establishes a ratio between the original and comparison asset
  • Select a period in which to review the comparision and rebalance if required.
Dip Buyer
Description: When a target asset declines 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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