CivFund’s Journey: Preparing for Launch

Arbitrum, expansion, investors and partners

ICEMAN - Civilization
civfund
Published in
4 min readJul 25, 2024

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“Only those who will risk going too far can possibly find out how far one can go.”

In the four months following CivFund’s public soft launch, during a relatively short period, feedback has been gathered to improve and refine the product in preparation for the final launch. Much work has been done, and many challenges lie ahead in the near future, but always with the awareness that CivFund, even in its beta version, demonstrates daily that behind the Civilization dream lies a lot of substance.

CivFund Web App

This substance is also demonstrated by the fact that the team is working cohesively and coordinated across multiple levels to achieve three objectives:

  • Simplify access to CivFund
  • Expand CivFund’s capacity
  • Research investors and retail partners

Simplify access

The underlying idea of the project, set by the founders from the beginning, is to create a user-friendly platform that seamlessly connects the traditional finance world with decentralized finance, with maximum ease of use. Clarity and immediacy in the fund’s interface have always been Civilization’s prerogative, aiming to significantly enhance usability to make the dApp more appealing, even to less experienced users. However, we all know how complex it is to develop such a tech platform.

“The simplicity is a complexity resolved,” said the great sculptor Constantin Brancusi.

The elimination of collateral following the DAO vote was the first step taken by the community in this direction. With this decision, the number of approvals required for fund deposits was halved, the user interface was cleaned up to include only the essentials, and the requirement to purchase the $0NE token was also removed, which had been a significant barrier for those wishing to invest only their stablecoins (USDT). It’s important to note that the $0NE collateral was replaced, following a DAO vote, with an entry fee that multi-sign members, delegated by the community, can autonomously adjust based on the needs and capital in the strategy pools.

Currently, the UI is in the testing phase, awaiting final alignment for the official launch. The latest evaluation in progress aims to facilitate CivFund adoption by potentially launching the platform on the Arbitrum network. Arbitrum is the leading Layer 2 (L2) solution for Ethereum in the DeFi landscape, offering economical advantages for users with transaction costs as low as a few cents. This solution would allow curious individuals to explore the platform and experience its benefits at nearly zero cost. It’s a strategic move from a marketing perspective, as word-of-mouth remains one of the most effective forms of promotion.

In addition, Ethereum gas fees do not favor users or adoption, which is why reducing costs and simplifying operations for fund deposits, along with removing collateral, make the experience easier and more enjoyable for investors. The decision to move to Arb is up to the community: DeFi seems to be evolving towards a direction where ETH will be the base system for developing Layer 2 solutions, and Arb appears to be at the front line in terms of trading volumes. However, it’s important to understand that deploying the platform on Arb only concerns the dApp, not the strategies. CivFund’s technology always diversifies investors’ capital across multiple networks for maximum returns. By connecting to the dApp, users will access the CivFund portal, which with its innovative strategies will provide liquidity in the most advantageous DeFi pools, not necessarily limited to Arb.

Expand capacity

The development of strategies, through continuous research into new methods to optimize profit, is a fundamental principle of CivFund. Developers work to ensure that million-dollar deposits remain possible without compromising returns. Currently, as stated, the strategies have a capacity of ten million USDT, without negatively impacting annual returns. This development phase is crucial; currently, the TVL is relatively low, but circumstances can change rapidly. Being prepared to accommodate USDT is key to success in the coming months, both for the project and the tokens. Updates regarding the strategies powering PILOT and GENESIS pools also focus on optimizing our risk management.

Regarding this, there is news about the use of pools on GMX, a decentralized trading platform, with the constant goal of diversifying and safeguarding investors' capital to the fullest extent.

Research partners

Alongside the aspects concerning platform development and enhancements, a part of the team is conducting numerous and frequent meetings aimed at attracting investors, financiers, and partners. These capital-raising negotiations are conducted face-to-face and under strict confidentiality.

Efforts are being made at all levels to explore various opportunities for capital acquisition: we will be able to welcome funds from the traditional finance world, attract investments from large institutional investors or significant players in the crypto sector, and also cater to smaller investors. The latter will have access to returns that were previously unimaginable in traditional finance, adding an extra layer of security that is hard to find in the crypto sector, aligning with Civilization’s founders’ original vision.

CivFund’s presence on DefiLlama is a key step in attracting investors and retail partners. DefiLlama is one of the most important platforms for analysis and aggregation of data and protocols in the decentralized finance sector. Adhering to DefiLlama’s compliance terms has required significant effort from developers, who have diligently fulfilled this task. The final request will be submitted close to CivFund’s official launch.

Join the Civilization Telegram group to discover our innovation roadmap

PS: To learn more about Civilization, please read our vision blog post:

About Civilization

Civilization is the world’s first Decentralized Investment Fund: owned and managed directly by its own users. Token $CIV: the Community Investment Vehicle. A market neutral hedge fund powered by AI, CivFund is a non-directional fund that profits from market volatility through automated
hedging and LP fees, offering a “perfect hedge” design entrusted entirely on the code.

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ICEMAN - Civilization
civfund
Editor for

Civilization is the first decentralized investment fund. Website: civfund.org