Comment by @carstenpoetter • Hey

the entity should not control the funds, it should be self-custody. reading my post again, I'm probably thinking of something like ETF plans, only for DeFi

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I see what you mean, but again, signing into a smart contract would make the funds non-custodial 😃 There were a few experiments in the past like $OHM which was a ticker (not 1:1) for a basket of assets (ETH+DAI+CVX + more) by being backed by them + floating value decided by the market. Would be very interested in how this evolves in the future 🤞🏽