WSB DApp is a community-owned and operated decentralized version of r/wallstreetbets. The WSB DAO was created to openly encourage the free flow of public information and opinion into actionable results. So that anyone, everywhere can YOLO together as one.
Traditional asset management focuses on the investment and custody of wealth. Centralized financial institutions such as Banks and Hedge Funds derive profit from the sale of financial products like bonds and derivatives to retail investors. When selling these products, banks and other financial institutions set their own rules while also charging fees for managing these on behalf of their customers.
Blockchain is a distributed network that enables fair information sharing and democratic access to freely traded financial assets valued today over $1T in daily volume.
WSBDApp creates ETPs (Exchange Traded Portfolios) or groups of instruments like cryptocurrencies and synthetic stocks. Users with WSB interact with ETPs with direct voting powers
The WSB Token allows users to: * Farm for rewards * Vote on ETP proposals, make up * Determine how treasury funds are spent