TokenSets provides simplified asset management services. Through their platform, users can create and manage tokenized asset portfolios. TokenSets offers a range of portfolio options, including automated strategies and manual configurations. The platform aims to simplify asset management, allowing users to easily track their portfolios and make informed investment decisions. TokenSets focuses on providing an efficient and user-friendly experience for asset management.
The concept for Set Protocol was first drafted in 2017 at the ETH Waterloo hackathon. It was originally meant to solve a simple problem: to send two of the same token required one transaction, but to send one each of two different tokens required separate transactions. Set Protocol solves this by abstracting the separate tokens into one singular token collateralized by the two. This provides a trustless, on-chain, and composable solution with practical use cases across software engineering and finance.