Fund 1 - $SVC001

<aside> ⚠️ Fund 1 is now closed to contributions and will invest in promising blockchain projects over the course of 1 year (until ~May 2022).

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Fund 1 is the first fund to leverage the Stacker Ventures protocol and community, and relies on a v1 Stacker Ventures Fund Framework.

Fund 1 is governed by the audited smart contract logic of a Fund Contract, which takes input from the following parties:

The Stacker Ventures DAO (which conducts due diligence through a permissioned committee and approve promising opportunities);
Fund 1 investors (who can veto investments and dissolve the fund any time);
and the Stacker Ventures community (who source, validate, upvote, and accelerate quality projects)

Fund Details

Parameters	Details
Open Date	Fund 1 opened for capital contributions on March 1, 2021
Close Date	https://etherscan.io/block/12346260 (May 1, 2021)
Fund Lifespan	1 year
Total Commitments	$7,289,450
Incentive Structure	Management fee: 5%, paid to the Stacker Ventures DAO Treasury

<aside> 🔥 $SVC001 is the token for Fund 1.

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Buy $SVC001 on SushiSwap or Uniswap!