Cointime

Download App
iOS & Android

Renora: Can Automated Tools Cure Web3 Capital Management's Persistent Problems

Cointime Official

By Cointime.com 237

Web3 asset management has long faced a number of pain points and challenges.

First, highly volatile markets make asset price movements unpredictable.

The highly volatile nature of the cryptocurrency market means that it is difficult for investors to accurately predict market trends, which creates a level of uncertainty in asset management. Rapid price fluctuations can lead to large swings in portfolio values, which increases risk and instability.

Second, the ebb and flow of emotions also negatively affects decision-making.

Investors may be driven by emotions such as fear and greed and make irrational choices when making investment decisions. When the market goes up or down significantly, investors often feel panic or overconfidence, which leads to instability in buying and selling decisions. Emotions may intervene and cause investors to make bad decisions, miss good investment opportunities or get into losing trades.

In addition, order execution and profit and loss tracking are often manual and time-consuming and labor-intensive.

Investors may need to manually enter and track orders, record and calculate profit and loss for each trade, which is not only error-prone, but also takes up a lot of time and resources. The risks of manual operation are input errors, missed trade timing or failure to capture market changes in a timely manner.

An end-to-end automated investment strategy can provide a solution to these pain points. With smart contracts and automation tools, investors can program investment strategies into code to enable automated trading, intelligent diversification and profit and loss tracking, among other features. Automated tools can execute buy and sell trades based on pre-defined rules, automatically balance portfolios, and track profit and loss in real time. In this way, investors can reduce uncertainty, free themselves from emotions, and improve operational efficiency and accuracy.

Renora: Web3 investment strategy automation tool

Renora is a Web3 investment strategy automation tool designed to automate asset flows through investment strategies, enabling assets to generate benefits 24/7.

Renora makes Web3 asset management easier and more systematic by automating investment strategies from end-to-end. It provides systematic execution of Web3 investments, helping investors improve their ROI through systematic execution by:

1. Using a systematic trough-buying algorithm, Renora can help users achieve up to 6.5% or better average prices on their capital allocation.

2、Get 2% - 5.5% monthly return on market volatility.

3. Increase the return on investment by linking investment mandates to generate continuous returns.

Renora can also help investors systematically manage their Web3 portfolios by allowing them to track their assets, specifically by:

1. Fully track positions and asset performance across multiple exchanges.

2. Automatically synchronize orders and calculate profit and loss.

3. Provide a clear overview of positions and exposures.

With Renora, investors can use investment strategy automation to optimize asset management, achieve higher ROI, and gain better control of their portfolios. The automation tools and capabilities offered by this platform bring greater efficiency, accuracy and convenience to investors. Renora provides a simple and systematic solution for Web3 asset management, both in terms of asset flow automation and portfolio management.

The Team

The Renora team is comprised of members with a wide range of expertise and experience from different fields. Their diverse backgrounds give the team the ability to think creatively and holistically.

Stan Kosyakov, Renora's CEO, has extensive venture capital experience spanning a wide range of industries in the Asia Pacific region. His most recent company, Mantheos, challenged LinkedIn's business model and was the subject of a legal dispute that was eventually settled out of court. Stan also has extensive experience building scalable SaaS products and working with organizations such as Harvard University, PricewaterhouseCoopers, and Bain.

Renora's co-founder and CTO, Sayan Bose, graduated from IIT Bombay, one of India's top universities, with a specialization in aerospace engineering. He has over 6 years of experience in the fields of FinTech, Cyber Security and Aerospace and has published several research papers in reputed scientific journals such as Elsevier and ASME.

Stan's venture capital background provided the foundation for the strategic planning and development of the project, while Sayan's technical expertise helped build a reliable and innovative protocol for automating Web3's investment strategy.

The Renora team's combined strengths enable them to quickly respond to market needs and address the pain points investors encounter in Web3 asset management. Through its expertise and solid background, Renora is committed to providing investors with simple, systematic and efficient Web3 asset management solutions that help them achieve better ROI and effectively manage their portfolios.

Conclusion

Web3 asset management today continues to face the problems of highly volatile markets, emotion-driven decisions and manual hassles. With end-to-end automated investment strategies, these problems are expected to be solved, providing investors with a more stable, rational and efficient asset management experience.

The introduction of automated tools will also go some way towards reducing operational risk, improving the accuracy of decisions, and enhancing investor transparency and traceability to the markets.

As technology continues to advance, we can look forward to the widespread adoption and further optimization of automated tools in the Web3 asset management space.

Comments

All Comments

Recommended for you

  • Japanese listed company ANAP Holdings increased its holdings of Bitcoin by 127.73.

    according to market sources, Japanese listed company ANAP Holdings has disclosed an increase in its Bitcoin holdings by 127.73 coins. As of now, the company's total Bitcoin holdings have reached 1,346.58 coins, valued at approximately 118 million USD.

  • Changpeng Zhao: Binance Wallet now supports identifying malicious addresses; you will receive a warning if you transfer funds to them.

    Zhao Changpeng posted on Binance Plaza stating, "The cryptocurrency industry should be able to completely eradicate address poisoning attacks and protect users. All wallets should simply check whether the receiving address is a poisoned address and block the user.This is a blockchain query. Wallets should not even display these junk transactions anywhere. If the value of the transaction is very small, filter it out. Security alliances in the industry should maintain a real-time blacklist of these addresses so that wallets can check before sending transactions. Binance Wallet is already doing this. If a user tries to send to a malicious address, they will receive a warning.

  • Bitcoin spot ETFs saw a total net outflow of $189 million yesterday, marking the fourth consecutive day of net outflows.

     according to SoSoValue data, the total net outflow of Bitcoin spot ETFs is 189 million USD.The Bitcoin spot ETF with the largest single-day net outflow yesterday was Blackrock's ETF IBIT, with a single-day net outflow of 157 million USD. Currently, IBIT's total historical net inflow has reached 62.34 billion USD. The second is Fidelity's ETF FBTC, with a single-day net outflow of 15.2979 million USD. Currently, FBTC's total historical net inflow has reached 12.189 billion USD. As of the time of writing, the total net asset value of Bitcoin spot ETFs is 114.289 billion USD, with the ETF net asset ratio (market value as a proportion of Bitcoin's total market value) reaching 6.53%, and the cumulative historical net inflow has reached 57.076 billion USD.

  • BTC falls below $88,000

     market shows BTC fell below $88,000, currently at $87,997.85, 24-hour decline reaches 0.88%, market volatility is significant, please manage your risk accordingly.

  • The U.S. spot Ethereum ETF saw net inflows of $84.59 million yesterday.

     according to Trader T monitoring, the US spot Ethereum ETF had a net inflow of 84.59 million USD yesterday.

  • ETH breaks $3,000

     the market shows ETH breaking through $3000, currently at $3000.08, with a 24-hour decline of 0.38%. The market is highly volatile, please manage your risk accordingly.

  • Binance Wallet launches "secure auto-signature" service

     according to the official announcement, Binance Wallet has launched the "Secure Auto Sign" (SAS) service: it now supports mnemonic/private key wallets to trade on Binance Wallet (web version).

  • Circle minted 500 million USDC on the Solana network.

    according to Onchain Lens monitoring, Circle has minted 500 million USDC on the Solana network. Since October 11, Circle has issued a total of 18 billion USDC on the Solana network.

  • Sources familiar with the matter: JPMorgan Chase is considering offering cryptocurrency trading services to institutional clients.

    according to Bloomberg, as major global banks deepen their involvement in the cryptocurrency asset class, JPMorgan Chase is considering offering cryptocurrency trading services to its institutional clients. A knowledgeable source revealed that JPMorgan is evaluating what products and services its market division can offer to expand its business in the cryptocurrency field. The source stated that these products and services may include spot and derivatives trading.

  • Web3 data and AI company Validation Cloud completes $10 million in new round of financing

     Web3 data and AI company Validation Cloud announced a $10 million financing round from True Global Ventures. The company plans to use the funds to expand its AI products and achieve seamless access to Web3 data.