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๐Ÿ“ŠGFund

GFund is Gemach's tokenized on-chain index fund โ€” diversified DeFi exposure in a single ERC-20 token, built on TokenSets.

GFund is Gemach's managed index fund product, built on the TokenSets protocol. It wraps complex multi-asset DeFi strategies into a single ERC-20 token, giving investors diversified on-chain exposure without needing to manage each position individually.

Overview

GFund (ticker: MACHC) is a DAO-controlled index fund that provides diversified exposure to new assets, staking positions, leverage, and liquidity pools. A single token purchase gives you broad DeFi exposure that the Gemach DAO actively manages and rebalances.

Fund address:

0xf73642407B8d471cDbc60a095c9D9B28EfCDd710

Access the fund: tokensets.com/#/v2/set/0xf73642407B8d471cDbc60a095c9D9B28EfCDd710

Key Properties

Property
Details

Custody

100% self-custodial โ€” you hold MACHC tokens

Token standard

ERC-20 โ€” storable and tradeable on any Ethereum-compatible wallet

Redemption

24/7 on-chain via DEX or direct TokenSets redemption

Rebalancing

Periodic โ€” managed by Gemach DAO based on strategy updates

Underlying platform

TokenSets (audited)

Protocol fee

20% of gains retained by Gemach DAO to fund operations

Fund governance

DAO-controlled โ€” community can propose new strategies via GMAC governance

What the Fund Holds

GFund invests in a diversified basket that may include:

  • New and emerging assets โ€” early-stage tokens with high growth potential

  • Staking positions โ€” yield-bearing staked assets

  • Leveraged positions โ€” controlled leverage to amplify exposure to high-conviction plays

  • Liquidity pool tokens โ€” LP positions earning trading fees and protocol incentives

The exact composition changes as the DAO rebalances. Current holdings are always visible on the TokenSets portal.

How It Works

Buying

  1. Navigate to the MACHC fund page on TokenSets

  2. Connect your Ethereum wallet

  3. Approve your deposit asset (ETH, wBTC, or USDC)

  4. Swap your asset for MACHC tokens โ€” the fund automatically handles the underlying allocations

Earning

Yield accrues within the fund's NAV. As underlying positions generate returns, each MACHC token increases in value. There is nothing to claim or compound manually.

Selling / Redeeming

Sell MACHC on any compatible DEX, or use the TokenSets redemption interface to redeem for the underlying basket of assets.

Getting Started

1. Connect Your Wallet

Open the TokenSets portal and connect a Web3 wallet.

2. Approve Assets

Approve ETH, wBTC, or USDC for deposit.

3. Buy MACHC

Swap your chosen asset for MACHC tokens. The transaction deploys your capital across the fund's current allocations automatically.

4. Monitor Performance

Track NAV and composition directly on TokenSets. The DAO will notify the community of significant rebalancing events via governance announcements.

Risks and Disclaimers

โš ๏ธ Warning: Index funds carry market risk, smart contract risk, and strategy risk. Past performance does not guarantee future results. Only invest capital you can afford to lose.

  • Market risk โ€” underlying assets can decline in value regardless of fund strategy

  • Smart contract risk โ€” TokenSets is audited (see security page) but no audit eliminates all risk

  • Strategy risk โ€” DAO-managed rebalancing decisions may not always outperform simpler strategies

Resources

Link
Description

MACHC Fund

Live fund on TokenSets

TokenSets

Underlying fund infrastructure

TokenSets Security

Audit and security information

GVault

Gemach's Enzyme vault strategy product

PreviousGVaultNextGLoans

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