Very cool work from our friends @Balancer

The bullish Base Macro BTF re-weights LP holdings between the top 4 tokens on Base. It does this automatically according to a daily on-chain trend-following methodology. In the past month the Base Macro BTF has outperformed a 100% BTC portfolio and HODL. This is the value of BTFs, where daily re-weighting and following trends is superior to monthly or quarterly market cap tracking!

The Safe Haven BTF re-weights LP holdings between the OG safe haven Gold and its successor BTC. It does this automatically according to a daily on-chain trend-following methodology. The BTF went bullish on BTC on the 26th June (an early bull!) meaning the Safe Haven BTF has been able to capitalise on the latest large price movements. This is the value of BTFs, where daily re-weighting and following trends is superior to monthly or quarterly market cap tracking!

A turbulent world needs safe havens. While markets have been tumbling, the Safe Haven BTF has gained 1.5% for its LPs in the past 24 hours and over 4% from inception to date — all before incentives and without charging any streaming fees to LPs. The BTF's re-weighting strategy has been heavily allocated to @Paxos Gold over the past week. It assesses daily whether to re-weight back to BTC, unlike monthly or quarterly indexes.

There have been some big moves in the market. The Base Macro pool LP token price is up ~3.2% in the last 7 days (and that is before the current ~60% gauge APR), beating uniform HODL! Base Macro contains a dynamic mix of @base's cbBTC, WETH, AERO and USDC. The pool has mostly favoured being in BTC with moves into ETH.