Midas Fasanara Global Open

Midas Fasanara Global Open (mGLO) is a tokenized representation of exposure to Fasanara's Global Open investment strategy, issued by Midas on the Base blockchain as an ERC-20 token. It is designed for investors who want access to an actively managed financial strategy in a token form, without needing to interact with a traditional fund structure. The asset addresses the friction of accessing institutional-style strategies by packaging that exposure into a blockchain-native token.

mGLO is a yield-bearing ERC-20 token that lives on Base and is also present within the Ethereum and Optimism ecosystems. Rather than distributing yield through rebases or separate reward claims, the strategy's returns are reflected directly in the token's net asset value, or NAV, which is published on-chain by the Midas Oracle Admin and referenced by every vault interaction. Minting new tokens and redeeming existing ones is permissioned and routed through Midas's DepositVault and RedemptionVault smart contracts, with Fasanara serving as the underlying asset manager.

The data provided does not include a fee stream, fee rate, or revenue figure for this protocol, so no fee-based measures are available on this site. The token's value accrual mechanism is the NAV itself, meaning any return from the underlying Fasanara strategy is embedded in the token price rather than distributed as a separate payment. What fees Fasanara or Midas may charge to manage or administer the strategy are not captured in the data stored here.