Captur
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Examples

An Eagle submits a single trade idea

Person X has been following crypto project ABC in detail since day one, including all relevant Reddit threads, Twitter accounts and Discord channels, and has a great overview of the price action of the project’s token ABCT.
X creates a user account on Captur, connects a Metamask wallet and submits a so-called Eagle Idea to the protocol via an interface that requires as an input a target price, time frame and a brief investment thesis: “ABCT will increase by 70% in the next 1-2 months, because (1) the founding team has a great reputation and (2) the recent sell-off overestimated the damage that a delayed launch of a new feature will have on the project.” To have skin in the game, the protocol requires X to stake a minimum quantity of ETH to this idea which is now live and discoverable and investable by Wolves looking to put their crypto to work.
Although X could close out the Eagle Idea at any time to get the stake back, X is determined to let it run.

A Wolf invests

Person Y likes the founding team behind ABCT and would like to invest, but doesn’t have the time to stay on top of every thread, tweet and message about project ABC in the cryptosphere.
Y creates a user account on Captur, connects a Metamask wallet, browses the available Eagle Ideas of the protocol, finds the one by person X and decides to stake ETH to it to participate in the performance and outsource the timing of the trade.
Y can withdraw his stake at any time, but lets it run for now.

An Eagle Idea closes out

Person X’s Eagle Idea on ABCT hits its target price and thus closes out automatically. X and Y get their ETH stakes back which are adjusted for the positive performance of the underlying ABCT. This means both make a healthy return.
Y, the Wolf, pays a fee to the protocol for having access to this Eagle Idea. In turn, the protocol pays part of this fee to the Eagle X as a reward. The rest of the fee is used to cover the operating expenses of the protocol.
This procedure would have been the same if Eagle X had decided to manually close out the idea early. If the Wolf Y would have withdrawn its stake at any time during the life of the idea, then it would have paid fees in the same way while the idea would have run on.

The creation of Eagle Portfolios

Eagle X is an expert on two other projects and their tokens as well, DEFT and GHIT, and thus submits two more Eagle Ideas. X now has an Eagle Portfolio consisting of ABCT, DEFT and GHIT holdings. Its composition reflects how much is staked to each idea. Wolves can browse the protocol for Eagle Portfolios they like and stake ETH to them in a similar way they do to Eagle Ideas.

The compilation of Golden Eggs Baskets

Thanks to Eagle X and other skilled crypto traders, there are hundreds of Eagle Ideas on Captur. The protocol scans all of them and bundles the most promising Eagle Ideas into so-called Golden Eggs Baskets, taking into account a number of factors such as the history and performance of the submitting Eagle, conviction level (as expressed in ETH staked) and Wolf investments attracted. Wolves like person Y can browse the protocol for Golden Eggs Baskets they like and stake ETH to them in a similar way they do to Eagle Ideas and Eagle Portfolios.

CAPT’s governance rights

Person J likes the idea behind Captur and wants to participate in its success, but doesn’t want to get involved as an Eagle or a Wolf. J buys CAPT on a crypto exchange and hopes to sell it at a higher price later on.
J reads more about Captur and really starts taking an interest in it. J has a few really good ideas about how the protocol could be improved, so J makes use of the token’s governance rights to propose these changes to the community and vote on proposals of other CAPT holders.

Locking CAPT into the portfolio Insurance

Person K buys CAPT on a crypto exchange and locks it into Captur’s portfolio insurance for two weeks in return for a yield. One week later a Golden Eggs Basket suffers an extreme loss. A fraction of all CAPT locked into the portfolio insurance by different holders like K is utilized to reimburse parts of the loss of the Wolves that invested in the Golden Egg Basket which suffered the extreme loss. After two weeks K gets a smaller quantity of CAPT than K locked in initially. However, when taking into account the yield received for locking in CAPT, K still makes a return overall.
That’s why K decides to lock the same amount of CAPT in for another two weeks. There are no extreme losses during these two weeks and K gets back more CAPT than initially locked in, plus a yield on top.

Joining Captur

Anyone can be an Eagle, a Wolf, lock CAPT into the portfolio insurance, or do any of these simultaneously. Anyone that has a wallet can become a CAPT holder without any obligation to interact with the protocol.
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On this page
An Eagle submits a single trade idea
A Wolf invests
An Eagle Idea closes out
The creation of Eagle Portfolios
The compilation of Golden Eggs Baskets
CAPT’s governance rights
Locking CAPT into the portfolio Insurance
Joining Captur