Getting Started
CivFund is a secure, decentralized liquidity platform offering consistent performance through market-neutral strategies and AI-driven automation. Designed for simplicity and accessibility, it enables users to invest effortlessly, maximizing returns while leveraging multiple advanced strategies operating seamlessly in the background.
Upon investing in CivFund, investors receive XCIV, fund-tokens that represent their share of the pool at the time of entry. This functions similarly to how Uniswap v2 tokens are minted to reflect a liquidity provider’s position in a pool.
CivFund currently operates with USDT on the Ethereum network, utilizing USDT as the primary asset for its strategies and ETH to cover network fees.
How to access CivFund
CivFund’s platform can be accessed at the following link: fund.civfund.org
Once opened the dApp, the user can begin using the platform by connecting their wallet through the Wallet Connect function, by clicking the button ‘Connect.’
Note: to use CivFund, your wallet must contain both USDT and ETH.
How does CivFund works
CivFund executes real-time investment strategies developed by the Civilization trader community. The time frame in which these strategies are executed is referred to as an epoch, lasting 28 days. During this period, the capital invested in the platform generates additional value from the fees earned by CivFund as a liquidity provider. While an epoch is active, the user can interact with CivFund to request deposits or withdraw of capital, which will be executed at the end of the current epoch through a process called rebalancing.
How to deposit assets in CivFund
The amount of USDT intended for investment must first be approved. By clicking the ‘Edit Allowance’ button, you can initiate the approval process. According to the USDT contract design, two scenarios may arise:
- First-time Users: If this is your first time using CivFund, a spending cap request for your USDT will appear. Enter the desired amount of USDT as a spending cap for CivFund, then press ‘Next’ and approve the transaction. Once approved, the ‘Book Deposit’ button will be enabled, and you will be ready to invest.
- Existing Users: If you’ve already made a USDT approval, a ‘Signature request’ message will appear instead. According to the USDT contract, any previous approval must always be revoked before setting a new spendable amount. The process will fail if the ‘Signature request’ is not signed.
After signing the ‘Signature request,’ a revoke transaction will appear. To revoke the allowance, approve a transaction with a spending cap of 0 USDT.
The last transaction will then appear; enter the desired amount of USDT as a spending cap for CivFund, then press ‘Next’ and approve the transaction.
Once the USDT approval is complete, you can request a deposit through the ‘Book Deposit’ button.
A ‘Deposit USDT’ window will appear, allowing the user to specify the amount of USDT they wish to deposit into the platform.
By clicking the ‘Deposit’ button, the user can confirm the transaction that appears in their wallet and complete the deposit.
Once the deposit transaction is complete, the assets will be parked in CivFund’s vault, awaiting the end of the current epoch to be invested through the rebalancing process. During this waiting period, the user can monitor their assets under ‘My Pending Deposit’.
Once the rebalancing is complete, the user will automatically receive XCIV tokens in their wallet, representing their share of the assets invested.
Note: The capital for which the deposit was requested will start generating returns from the moment the deposit is confirmed.
How to withdraw assets from CivFund
A withdraw can be requested by clicking the ‘Book Withdraw’ button.
A ‘Withdraw XCIV’ window will appear, allowing the user to specify the amount of fund shares they wish to withdraw through the appropriate interface.
By pressing the ‘Withdraw’ button, the user can confirm the transaction that appears in their wallet and complete the withdraw.
Once the withdraw transaction is complete, the withdraw will be booked and will appear under ‘My Pending Withdraw.’ It will be processed at the end of the current epoch through the rebalancing process.
Note: The principal amount for which the withdraw was requested will continue to generate returns until the end of the current epoch.
Once the rebalancing process is complete, funds can finally be claimed under the ‘Claimable USDT’ section by approving the transaction after clicking the ‘Claim Assets’ button.
How does CivFund rebalancing works
During each epoch, users can interact with the platform by submitting their own deposit or withdraw requests. Rebalancing is the process that optimizes the efficiency of capital in CivFund to maximize performance. Specifically, at the end of each rebalancing, the following scenarios occur:
- The user who requested a withdraw returns the fund shares they received at the end of their deposit and has the opportunity to withdraw the USDT associated with those shares.
- The user who requested a deposit receives fund shares representing the portion of equity they invested within CivFund at the end of the rebalancing.
- The new total, accounting for both deposits and withdraw, is then invested in CivFund and will continue to generate returns in the new epoch.
FAQ Section
If you have any questions about terminology or CivFund, please consult our FAQ section or contact us at [email protected]