Comment on page

DCA Strategies

The AutoDCA Strategies
Dollar Cost Averaging (DCA) is a well-known investment strategy that involves purchasing assets at fixed intervals, regardless of the asset's price. With DCA, investors purchase more of an asset when its price is low and less when its price is high. DCA helps investors reduce the risk of volatility by spreading out their purchases over time, which minimizes the impact of price fluctuations on their portfolios.

What is an AutoDCA DCA Strategy?

AutoDCA offers a unique set of Dollar Cost Averaging (DCA) strategies designed to help users expand their crypto portfolio. The platform started with simple one-coin DCA strategies for WBTC and WETH. However, AutoDCA plans to add more advanced strategies in the future, including strategies that allow participants to purchase multiple coins at once, balancing their portfolio.
The DCA strategies are designed to be user-friendly and straightforward. With the platform's DCA strategies, users can benefit from the long-term growth potential of cryptocurrencies while reducing the risk of volatility.
In addition to the DCA strategies, AutoDCA also plans to introduce new strategies that will help increase liquidity in Automated Market Maker (AMM) platforms. These strategies will be designed to incentivize users to provide liquidity in AMMs, enabling them to earn fees and rewards for their participation.

How to participate?

Select a strategy you would like to participate in, approve base tokens for spending by a contract and define how many tokens should be converted on a weekly basis. The strategy will take care of regular purchases for you without any additional actions. Remember to have enough funds in your wallet during the strategy execution. Below you will find a list of potential DCA strategies that could be build with AutoDCA platform:
Please also checkout FAQ if you have any questions or ask them on our Telegram Group!
Last modified 8mo ago