🤖ETH/USDC Famabot

Overview The ETH/USDC Famabot is our flagship vault. It proved to us that Reinforcement Learning (RL) had great potential to generate returns when trading crypto assets. In our MVP launch, we are excited to share it with you and see what benefits it can provide others. Vault Properties

  • Assets traded: Ethereum & USDC

  • Training History: 8.5 years worth of ETH/USD OCHLV data on 15 minute intervals.

  • Vault Capacity: $50,000 - this will be increased in post MVP versions.

  • Backtesting results: 18% average monthly returns across 3 months.

Safety Parametres A 5% loss incurred within a monthly period will suspend signals to the vault and trading will be stopped. There are daily checkpoints that are used to calculate profit/loss: - If a daily checkpoint results in a -5% loss, the vault will be suspended. - If the daily checkpoints within a calendar month accumulate to a net -5% loss, the vault will be suspended. In the case of a suspension, we will pause trading for 7 days and allow anyone who wishes to withdraw without further potential loss. The reason why a vault might fail can be for different reasons. After the incident, we may choose to pursue any or many of these actions:

  • Continue: Allow the bot to run in current specification

  • Retrain: Provide it with additional data and instruction to improve its capabilities to handle these situations.

  • Adjust safety parametres: Some strategies might benefit from a wider or tighter risk tolerance threshold.

  • Retire: Suspend the vault indefinitely.

When the Fama DAO goes live, participants will be able to vote on the outcome of vaults that have breached thier safety parametres. Until then, the Fama team will make these decisions with community input.

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