Thank you for this proposal. I am generally supportive of starting to experiment with Enzyme and Avantgarde.
My thoughts below:
-
I would personally prefer to start with a smaller amount, then review the performance of the deployed strategies and scale accordingly
-
I am still really keen on us buying more Eth. Either DCAing or setting limit orders and buying at certain price points (per @cloudhead 's proposal). Maybe something that we do in parallel?
-
I would like to understand better the reasoning for the performance fee. Is 20% reasonable? Some comparable data points here would be helpful.