Overview
Infrastructure for programmable on-chain investment vehicles. Depositors can operate with recourses through governance or delegate scoped permissions to managers.
Onchain Investment Vehicles (OIVs)
OIVs enable flexible deposits and redemptions for depositors, are non-custodial, and are governed through on-chain governance.
OIVs can delegate scoped permissions to managers and support any position type on the same network: liquid, illiquid, NFT, and composable DeFi positions. The net asset value (NAV) calculation is automated but requires NAV method governance approval.
OIVs can technically operate without a manager and execute any transaction through governance. Fees for deposits, redemptions, performance, and management are optional, automated, and upgradeable through governance.
Rethink Protocol
The Rethink protocol is a peer-to-contract asset management system that facilitates the creation and management of OIVs on the Ethereum blockchain and EVM environment. It combines established and reliable smart contracts with a fresh, robust approach to net asset value (NAV) calculation, all cohesively presented through an intuitive and user-friendly experience.
Rethink Safe Module
Rethink Safe Module is a set of smart contracts that add functionality to the Safe{Core} Protocol while separating module logic from Safe's core contracts. It enables flexible deposits and redemptions at fair net asset value (NAV) with automated fees.
Safe Core Custody
As the leading custody standard in DeFi, Safe custody contract standard excels in securely custodying all underlying positions within an OIV. This approach ensures that all assets and transactions within the OIV are managed with the utmost security, providing a robust framework for effective and transparent asset management in the DeFi space.
Open Zeppelin Governance
Leveraging Open Zeppelin Governor Primitives, this system offers a streamlined and secure process for decision-making, perfectly tailored to meet the unique management needs of OIVs. This approach not only ensures efficiency in governance processes but also reinforces the security and integrity of decisions made within the blockchain environment, making it an ideal solution for sophisticated, decentralized asset management.
Gnosis Zodiac Roles Modifier
This framework allows for the precise definition and assignment of manager roles within the organizational structure. Each manager role is empowered with specific permissions, carefully tailored to enable them to interact independently with approved positions. This setup facilitates efficient and autonomous management of various tasks and responsibilities. Simultaneously, it ensures that all actions remain under the umbrella of governance oversight, maintaining a balance between operational efficiency and stringent governance control. This approach fosters both effective management and adherence to the overarching governance framework.
Rethink Interface (dApp)
Rethink dApp is an intuitive user interface for deployers, investors, and managers.
Depositors can find an OIV, learn about its investment strategy, understand its performance, view its positions, participate in governance, verify OIV parameters and delegated permissions on-chain, and request deposits and redemptions.
Depolyers can deploy all relevant smart contracts that together enable OIVs (Rethink Fund Contract, Rethink NAV Calculator Contract, Safe Custody Contract, OZ Governor Contract, and Zodiac Roles Modifier).
You can find a detailed overview of all the mentioned contracts on the Architecture page.
All stakeholders can create on-chain proposals to:
Delegate scoped permissions to managers
Execute any transaction (interact with any contract/address)
Change OIV settings (E.g. fees)
Accept NAV calculation methods for any position type
External Interfaces
Zodiac Pilot is a Chrome extension that allows users to interact with third-party protocols through their existing decentralized applications (dApps) on behalf of an OIV.
It provides the functionality to simulate, record, and conduct multiple dApp transactions simultaneously. For Managers with the necessary permissions, Zodiac Pilot offers the capability to batch execute these transactions efficiently. Alternatively, for users who do not possess such permissions, Zodiac Pilot facilitates the creation of proposals within an OIV, enabling them to participate in the governance process.
This extension acts as a powerful tool for managing and executing decentralized transactions, enhancing the operational capabilities of OIVs.
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