Should Harvest invest in DefiBasket?

---- TL;DR ---- Harvest proposes a $20k investment in DefiBasket ($400k raise at a $6M FDV.).

---- PROPOSAL FOR INVESTMENT ----

DefiBasket.org- Defi Portfolio protocol

—- Product —-

DeFi Basket is a DeFi portfolio sharing protocol that enables you to build, copy, or manage portfolios of DeFi investments in a single transaction.

DeFi Basket is working to integrate with Harvest, with a goal of enabling users to create and manage a portfolio composed of Harvest deposits ( tokens / LP tokens ) in a single transaction.

There is a proof of concept live on Polygon mainnet: defibasket.org

initial documentation here: https://docs.defibasket.org/indexpool/

—- Sale Details —-

Defi Basket is raising $400k at a $6M FDV. They were happy to go slightly over the allocation to have Harvest join the round in order to align incentives for future potential collaboration and start building a relationship.

Harvest's allocation is $20k for 0.333% of the network tokens.

Team and investor lock is 12 months and tokens are vested over 36 months. Some existing investors are shown in the discord channel

—- Future Potential Collaboration Ideas with Harvest —-

As DeFi Basket continues to work to integrate Harvest tokens/LPs into their platform, work with the Harvest team on any clarifying questions about Harvest's contracts so we have a robust and accurate integration.

Communication and Feedback on the product and on how both teams and products can work and collaborate together.

Cross marketing/amplification and explore how Harvest's community can use DeFi Basket and once DeFi Basket is mature enough also explore how its community can use Harvest.