Set Protocol adds support for cToken and Link, and provides multiple rate models and incentives

The decentralized asset management protocol Set Protocol adds two functions to the platform, supports cToken and Chainlink tokens in Compound, and also provides more rate models and incentives for managers of social trading platforms. For asset management strategies in social trading platforms, managers can choose three types of fees: upfront fees, management fees, and performance fee. The Entry Fee is the fee paid by investors participating in the social trading platform when purchasing a strategy, ranging from 0% to 5%. The management fee is called the streaming fee (Streaming Fee), which is the cost that is calculated based on the market value of the Set in the TokenSets platform of the Set Protocol and the accumulated time, and is ultimately allocated to the manager. The performance fee is an expense calculated based on the strategy’s performance and profitability.