How to Create a Solrise Fund

Desktop Guide

Step 1

• Go to Solrise.Finance and click Launch App.

• Click Connect Wallet in the top right corner and then click Solflare.

Once you’re logged in, you can subscribe to real time browser notifications.

Step 2

• You’ll be automatically taken to the Explore page. Click Manage on the top right.

• Click Create a Fund.

You’ll need to have at least $1 USDC in your wallet to create a fund.

Step 3

• Deposit the amount of USDC you’re going to invest into your fund (+1 USDC for fund creation) and click Deposit.

• Approve the transaction.

There is no minimum manager investment but funds with less than $100 AUM will not be included on the explore page. In order to gain the highest possible amount of investor trust, it’s recommended that managers invest in themselves as much as possible.

A large investment made by a manager into their own fund signals that their incentives are aligned with their investors and are likely to attract more investor attention. If the manager makes money, the investor will too – and vice versa. Each investor in a fund owns a % of the fund based on the size of their investment so theres no gaming which money is actively managed or not.

Step 4

• Configure your fund by naming it and assigning a performance fee.

• Approve the transaction.

As a Fund Manager, you can earn a higher share of performance fees by having previously staked SLRS before you formed your fund. Investors can also receive a discount on their exit fee paid to the platform. The following image details the discount rates and how much SLRS needs to be staked to obtain them.

Step 5

• Invest in your fund with the USDC you deposited into your manager account earlier.

• Approve the transaction.

It’s that easy!

You can now access and manage your on-chain, permissionless, 24/7 crypto fund directly from the manager page. Solana’s low fees and quick transaction speeds are an ideal environment for traders and asset managers. For reference roughly 1,000,000 trades on Solana costs about $10.

Solrise recently integrated Mango Markets and Jupiter’s DEX Aggregator directly into the platform. As a result, managers can take advantage of any market condition by opening a long or short perpetual futures position on Mango and with Jupiter's premier aggregation algorithm, they can be sure they're getting the best available price quotes for swaps.

Keep an eye out on future integrations that you can take advantage of as a digital asset manager and go ahead and create a fund for yourself at Solrise.Finance.