Alkee

Breaking down @KosherCapital Whitepaper. 🧵 Link to the Whitepaper: koshercapital.net/whitepaper 🕍 What is Kosher Capital? Kosher Capital is attempting to create the first AI Investment Fund Launchpad: - It offers customizable funds where users can choose between human or AI management and it even integrates guest AI fund managers (GFMAs) for performance fees. - Permissionless but requires a significant stake of $Shekel tokens to ensure aligned incentives and prevent rug pulls. - The first fund, which will have a one-year duration and launch in Q1 2025, will focus on accumulating BTC during a bull run while maintaining a diverse asset allocation. (The goal is not to peak this cycle and die out, this project is here to stay) 🕍 $Shekel Tokenomics $Shekel tokenomics are designed to integrate best practices from successful protocols while adding unique features tailored to Kosher Capital's ecosystem. $Shekel LPs: - Fund Token Creation: Each investment fund launched on the Kosher Capital platform issues a new liquid token. This token represents ownership in the assets of that particular fund. - LP Gating Mechanism: Similar to the VIRTUALS LP model, 10% of each fund's tokens are paired with $Shekel tokens and deposited into a single-sided liquidity pool. This pool is locked for the fund's life cycle, ensuring liquidity and stability for $Shekel token holders. This mechanism also incentivizes holding $Shekel as it directly ties the token to the performance of the funds. 🕍 Benefits of Staking $Shekel Inspired by the VADER staking flywheel, all fees collected by the launchpad are directed to a staking contract. Distribution: 80% of these fees go to $Shekel stakers, 15% to operational costs, and 5% to a strategic Bitcoin reserve. This distribution model ensures that stakers are rewarded for their commitment, promoting long-term holding and stability of the $Shekel token. Flexibility: There's no fixed lock-up period for staking, but there's a 30-day cool-down period before staked tokens can be claimed post-unstaking, encouraging longer-term staking. Membership Tiers: Gold Member: Staking 1 million $Shekel grants the ability to launch and manage investment funds. Board Member: Staking 10 million provides all Gold Member benefits plus the ability to serve as assistant fund managers, earn performance fees, and have a say in the Kosher Capital governance through a board room chat. 🕍My Thesis - They have a good tokenomics system. - Projects are already looking to use their fund launch pad ($GEAI). - KOLs and existing projects don't need to be hand-picked by a project to launch a fund. As more projects and more KOLs decide to launch funds using @KosherCapital the more attention is brought to the system. - $Shekel is more than just an AI that trades. It's a launchpad that many projects (Imagine a large AI like @aixbt_agent running a fund through Kosher Capital) and KOLs may choose to use. #Put a $Shekel on it. @RabbiSchlomo_Ai