How a managed fund works on Solana. ๐
โจIf you're not a coder and want to understand how Solana programs work, this is for you. โจ
If you are, there's implementations in Anchor 1, 2 and Quasar in the companion repo.
00:38 what is a managed fund
02:17 the fund program
02:28 curating assets that funds can use
03:53 creating the fund and setting allocations
05:17 investor subscribes to the fund and recieves shares
06:18 rebalancing
07:15 another investor subscribes at the updated share price
07:37 management fees
07:54 withdrawals
08:25 where everyone ended up ๐ฉ