Unlocking the Mystique of @DigitsDAO's On-Chain Strategy

May 8, 2023

Unlocking the Mystique of @DigitsDAO's On-Chain Strategy

May 8, 2023

Unlocking the Mystique of @DigitsDAO's On-Chain Strategy



@DigitsDAO is spearheading an intriguing endeavor in on-chain capital management, with its treasury burgeoning sixfold in merely a year, courtesy of @DigitsCapital's trading acumen.


---

1. The Genesis of Digits DAO

Digits DAO stands tall as an investment-driven DAO, helmed by the enigmatic force known as Digits Capital - a concealed influencer/trader in the crypto realm. With the baton in his hands, he strategically trades the invested capital.

Over the time span from July '22 to July '23, his trading strategy has yielded a 6x growth, while Bitcoin has clocked a rather modest 1.5x surge.


---

2. How Does The Mechanism Operate?

Eager participants flock to Uniswap v2's DIGITS/DAI pool to acquire $DIGITS. The DAI employed in this exchange is channeled to the DAO's treasury, where it is meticulously employed for:

- Navigating across diverse cross-chain farming strategies.

- The yields are then allocated for buybacks and dividend distribution.


---

3. @digitDao's Treasury Composition

Net Worth: $2.4m

Dominant Holdings:

- $BIT: $570k - Predominantly a narrative play pivoting on the $BIT to $MNT conversion, token associated with Mantle Network (An adaptable execution layer tailored for Ethereum).

- $CRETH2: $238k - Positioned at a relative discount vis-a-vis its foundational assets.

- $ETH: $78k


---

4. Digits' Play in DeFi

- GND Protocol: $315k - A deflationary emblem built atop GMD and GNS, which garnered colossal attention in May.

- Eigenlayer: $250k - An acclaimed restaking service bolstered by potential airdrop chatter.

- Equilibria: $230k

- Penpie: $209k

- Swell Network: $171k


Spotlight:

- Both Penpie and Equilibria champion the vePendle narrative, paralleling CVX's relationship with CRV. This essentially hints at a bullish stance on $PENDLE by Digits.

- Swell, dubbed LSDfi, is about airdrop farming of Pearls, which will eventually be metamorphosed into $SWELL.


---

5. Visualization Unveiled

Gain a holistic perspective of their staggering 4,986 transfers via a comprehensive visual representation from @ArkhamIntel.


---

6. Crucial Insights to Derive

Digits DAO opens the gates for passive yet bold investment avenues. A cursory glance at the treasury portfolio signals a trader who's got his finger on the pulse.

For those with an appetite for early action, keeping Digits on your radar is prudent.


---

7. Wallet & Analysis

Peek into the core of Digits' strategy by exploring [his wallet](https://app.loch.one/home/0x0c1a3E4E1C3DA4c89582dfA1AFA87A1853D7f78f). The dissection was made viable via @loch_chain. For the number crunchers, [here's a comprehensive spreadsheet](https://docs.google.com/spreadsheets/d/1NngZ0J207UgKg_u3otzU_pTL6cBRRbmdmpmnEHJSXec/edit#gid=799303430) curated by Digits.


---

Acknowledgements: An avalanche of gratitude to the trailblazers:

@MacBubblemaps, @rektdiomedes, @defitrader_, @Dynamo_Patrick, @VirtualKenji, @crypto_linn, @shivsakhuja, @AkadoSang, @CryptoGirlNova, @paulvinitsky, @Louround_, @Only1temmy, and @AngeloDodaro.

Till the next unraveling, stay tuned!

Unlocking the Mystique of @DigitsDAO's On-Chain Strategy



@DigitsDAO is spearheading an intriguing endeavor in on-chain capital management, with its treasury burgeoning sixfold in merely a year, courtesy of @DigitsCapital's trading acumen.


---

1. The Genesis of Digits DAO

Digits DAO stands tall as an investment-driven DAO, helmed by the enigmatic force known as Digits Capital - a concealed influencer/trader in the crypto realm. With the baton in his hands, he strategically trades the invested capital.

Over the time span from July '22 to July '23, his trading strategy has yielded a 6x growth, while Bitcoin has clocked a rather modest 1.5x surge.


---

2. How Does The Mechanism Operate?

Eager participants flock to Uniswap v2's DIGITS/DAI pool to acquire $DIGITS. The DAI employed in this exchange is channeled to the DAO's treasury, where it is meticulously employed for:

- Navigating across diverse cross-chain farming strategies.

- The yields are then allocated for buybacks and dividend distribution.


---

3. @digitDao's Treasury Composition

Net Worth: $2.4m

Dominant Holdings:

- $BIT: $570k - Predominantly a narrative play pivoting on the $BIT to $MNT conversion, token associated with Mantle Network (An adaptable execution layer tailored for Ethereum).

- $CRETH2: $238k - Positioned at a relative discount vis-a-vis its foundational assets.

- $ETH: $78k


---

4. Digits' Play in DeFi

- GND Protocol: $315k - A deflationary emblem built atop GMD and GNS, which garnered colossal attention in May.

- Eigenlayer: $250k - An acclaimed restaking service bolstered by potential airdrop chatter.

- Equilibria: $230k

- Penpie: $209k

- Swell Network: $171k


Spotlight:

- Both Penpie and Equilibria champion the vePendle narrative, paralleling CVX's relationship with CRV. This essentially hints at a bullish stance on $PENDLE by Digits.

- Swell, dubbed LSDfi, is about airdrop farming of Pearls, which will eventually be metamorphosed into $SWELL.


---

5. Visualization Unveiled

Gain a holistic perspective of their staggering 4,986 transfers via a comprehensive visual representation from @ArkhamIntel.


---

6. Crucial Insights to Derive

Digits DAO opens the gates for passive yet bold investment avenues. A cursory glance at the treasury portfolio signals a trader who's got his finger on the pulse.

For those with an appetite for early action, keeping Digits on your radar is prudent.


---

7. Wallet & Analysis

Peek into the core of Digits' strategy by exploring [his wallet](https://app.loch.one/home/0x0c1a3E4E1C3DA4c89582dfA1AFA87A1853D7f78f). The dissection was made viable via @loch_chain. For the number crunchers, [here's a comprehensive spreadsheet](https://docs.google.com/spreadsheets/d/1NngZ0J207UgKg_u3otzU_pTL6cBRRbmdmpmnEHJSXec/edit#gid=799303430) curated by Digits.


---

Acknowledgements: An avalanche of gratitude to the trailblazers:

@MacBubblemaps, @rektdiomedes, @defitrader_, @Dynamo_Patrick, @VirtualKenji, @crypto_linn, @shivsakhuja, @AkadoSang, @CryptoGirlNova, @paulvinitsky, @Louround_, @Only1temmy, and @AngeloDodaro.

Till the next unraveling, stay tuned!

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Loch, Inc. © 2023

The content made available on this web page and our mobile applications ("Platform") is for informational purposes only. You should not construe any such information or other material as financial advice in any way. All information provided on the Platform is provided on an as is and available basis, based on the data provided by the end user on the Platform. Nothing contained on our Platform constitutes a solicitation, recommendation, endorsement, or offer by us or any third-party service provider to buy or sell any securities or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction. All content on this Platform is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in the Platform constitutes financial advice, nor does any information on the Platform constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content on the platform before making any decisions based on such information. In exchange for using the Platform, you agree not to hold us, our affiliates, or any third-party service provider liable for any possible claim for damages arising from any decision you make based on information or other content made available to you through the Platform.

2261 Market Street,

San Francisco, CA 94114

Loch, Inc. © 2023

The content made available on this web page and our mobile applications ("Platform") is for informational purposes only. You should not construe any such information or other material as financial advice in any way. All information provided on the Platform is provided on an as is and available basis, based on the data provided by the end user on the Platform. Nothing contained on our Platform constitutes a solicitation, recommendation, endorsement, or offer by us or any third-party service provider to buy or sell any securities or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction. All content on this Platform is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in the Platform constitutes financial advice, nor does any information on the Platform constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content on the platform before making any decisions based on such information. In exchange for using the Platform, you agree not to hold us, our affiliates, or any third-party service provider liable for any possible claim for damages arising from any decision you make based on information or other content made available to you through the Platform.

2261 Market Street,

San Francisco, CA 94114