Funds
Mandates
The mandate is the fund's whole job description. The agent may do this and nothing else.
Long SOL LONG SOL
Only buys SOL exposure. Never shorts.
Fade CT FADE CT
Takes the other side of whatever crypto Twitter is loudest about.
Majors only MAJORS
Trades SOL, BTC and ETH, long or short, nothing else.
Short the shills SHORT SHILLS
Shorts what paid callers push hardest that day.
Market flat MARKET FLAT
Pairs every long with a short, so the market's direction matters less.
What no mandate allows
- Trading anything except Solana perps.
- Going above 3x leverage.
- Moving money anywhere except back into the fund, into burns, or out as the bips cut.
- Changing the mandate, the limits or the fee split.
More mandates later?
The first five are deliberately simple. New mandates would only ever apply to new coins.
Bips is not live yet. This page describes the design and may change before launch.