Strategy Manager Experience

Making it an easy experience for Strategy Managers

It is important to make the experience of using the Bracket Platform as easy as possible in order to both attract the best strategy managers, and to quickly on-board new strategies.

To apply to become a Strategy Manager on Bracket, or to inquire about using Bracket infrastructure as a service, please reach out to us at [e-mail]

After being vetted and accepted by Bracket as a Strategy Manager, managers will have the ability to list Strategy Vaults. This basic fund information will be stored offline in a database and accessed via screens in the manager only section of the platform. The specific information required is listed here.

The Bracket Protector model allows the manager to use their Policy Managed Wallets in the convenient ways they use them today on these various sites. The only difference is that the Policy Managed Wallet or Bracket Protector's logic (whichever is being used for the implementation) will stop them from doing any actions not specifically whitelisted.

Managers will receive the denominated asset of strategy from qualified investors to then earn. Invesotrs will then get shares of the strategy that CAN be made transferrable depending on the type of strategy and regulatory compliance. In the case of brktETH, the manager must pledge their brktETH to receive underlying LST collateral. The manager can either deploy the LSTs directly or borrow against the LST at one of the approved lending protocols. The managers mission is to have their investments rate of return exceed the borrowing cost.

Platform Manager Conveniences

Another advantage of using the Bracket Platform as a manager is that Bracket handles many of the services needed on behalf of the managers:

• Manages the withdrawal queue

• Tracks and reports performance

• Communicates their performance and asset allocation to their depositors

• Displays the NAV to the investors which is used for deposits/withdrawals

• Alerts them if they are nearing critical thresholds (e.g. loan liquidation)

• Allows them to communicate with their depositors via our communications system

• Allows them to make investment policy changes when needed as detailed here

Vault Tokens

Using Bracket, shares of the strategy vaults can be made liquid and transferrable given users agree to specific terms of the vault/fund, and are KYC/AML approved. These users will then be put on an allowlist allowing transferability to others also on this allowlist. Why is this important for funds and strategy managers?

• Today, high yielding or even CeFi structures are limited to traditional onboarding and redemptions. There are no easy choices to get leverage or liquidity for these positions. Bracket infrastructure unlocks the potential liquidity for these assets and delivers a way to onboard, track, and manage who is able to use these tokens

• Liquidity in vault tokens allows new users and institutions who would otherwise shy away from crypto fund structures or strategies to engage, providing more flexibility and potential for AUM

• Users can eventually access permissioned markets for the vault tokens to gain leverage