Midas Fasanara Global Open

Midas Fasanara Global Open, represented by the ticker mGLO, is a tokenized version of Fasanara's Global Open investment strategy, issued on the Base blockchain by Midas. It is designed for investors who want exposure to that underlying strategy through a standard ERC-20 token rather than through a traditional fund structure. The token is intended to make access to Fasanara's strategy more portable and composable within the Ethereum ecosystem.

mGLO is an ERC-20 yield-bearing token that lives on Base and is also present in the Ethereum and Optimism ecosystems. Rather than distributing returns through rebasing or separate reward claims, any performance from the underlying strategy is reflected directly in the token's net asset value, meaning the price of the token itself rises as returns accrue. Minting and redeeming mGLO are permissioned actions routed through Midas's DepositVault and RedemptionVault smart contracts, with the NAV published on-chain by the Midas Oracle Admin and used by every vault transaction.

The data stored for mGLO does not include a fee stream, so no fee-based measures such as protocol revenue or fee yields are available on this site. The token's economic return to holders comes from the performance of Fasanara's underlying strategy, reflected through NAV appreciation, but the structure of any management or performance fees charged by either Midas or Fasanara is not captured in the figures provided. As a result, fee-derived metrics that this site calculates for other assets cannot be computed for mGLO.