Users could create and manage their own fund?
Users could also opt to participate in a fund run by another user, and that user would management fees from all the assets in the fund?
Yes 100% this is done via the “Shares” in the fund.
Governance would be used to manage integrations and tokens, and this is required because the integrations help limit what fund managers can do with users funds?
Yes exactly, the fund manager can trade from any instrument or exchange that the protocol allows (Decentriised and they need to be integrated), this can be done after the fund is launched and also during launch. The governance is needed on the applications level it would be done threw a swarm and would be needed in the future to list new instruments initially it would only be 3 or 4 symbols for that is all that has enough liquidity on honeyswap. No governance is required for the fund manager but after saying that a Aragon plugin could be developed to automate funds threw a DOA.
so a fund is not necessary governed by a DOA but could be, but the protocol its self would have to be.
The fund manager gets paid management and performance fees in the governance token, ideally we would make this HONEY, or a token that governance a new “Swarm” DOA on the xDAI Aragon fork.
Also are shares in a fund tokenized?
Not exactly, the shares in a fund are non-tradable but are pegged to a share of the value of the overall fund and can be redeemed at anytime.
and would you intend to replace the Melon “gas” fee mechanism with a new token or would use Honey?
Possibly the governance token, but ideally it would be HONEY.
You mentioned keeping the funds in escrow …
100% I am ready to close the proposal now and reopen a new one with those guidelines, to be honest i was kinda just testing the system and thought i would use something i planned to work on as a way to “Test”, i am more then keen to get a MVP live even, tbh i don’t really need funds to do this just a little time i more just want to get involved with the community.