Daily NAV Disclosure
Three-Party Verified
Verified by an independent auditor and an on-chain oracle, published at 09:00 (UTC+8) on T+1. Historical NAV is permanently queryable and tamper-proof on-chain.
THREE-PARTY VERIFIED
WHITEPAPER v1.0 · INSTITUTIONAL EDITION
Quantum Dream Fund I
量子梦想基金一号EST. MMXXVI
A Manzi Fund sub-brand
“Sleep on it. Wake up to it.”
Let AI dream for you; let the dividend wake you.
Combining the judgement of a veteran investor with the execution of a new generation of AI — a 24/7 AI-driven quantitative crypto fund that discloses NAV daily and pays a dividend daily.
This website is intended for institutional and sophisticated investors. It is not a securities offering, nor an offer or advice of any kind.
01 — THREE CORE PROMISES
Three Core Promises
The three principles behind the product
Daily Dividend
Daily USDC Payout
Through the Dream Reserve mechanism, a base dividend is paid to holders on both profitable and loss-making days. USDC arrives directly in your wallet daily; the targeted base dividend is around 6% annualised.
DAILY USDC PAYOUT
Private Positions, Transparent Operations
Alpha Protection
While protecting strategy alpha, the fund maintains a high degree of transparency through attribution reports and the “AI vs Manzi” column.
ALPHA PROTECTION
02 — FOUNDER'S VISION
Founder's Vision
Combining judgement with execution
“I have been an investor my whole life. This time, I want to hand the judgement of an old-generation investor to the execution of a new generation of AI — disciplined, fast, unemotional, running 24/7.”
Xue Manzi
Founder & Chief Brand Officer · First-generation Chinese angel investor
Quantum Dream Fund I is a sub-brand product under Manzi Fund, inheriting its brand philosophy and risk-control standards.
WHY NOW · TWO FACTS
First, AI has already surpassed most human fund managers in quantitative trading. Second, structural inefficiencies persist in crypto markets — fragmented, 24/7, derivative-rich — leaving alpha that has long since disappeared from traditional markets.
30+ yrs
Investment experience
Across the internet, mobile and crypto cycles
200+
Portfolio companies
UCWeb, Mecox Lane, 58.com and others
24/7
AI never sleeps
Discipline, speed, no emotion — beyond human reach
03 — STRATEGY PORTFOLIO
Strategy Portfolio
Seven strategies in parallel · AI dynamic weighting
Seven quantitative strategies run in parallel, with weights dynamically allocated by AI according to market conditions. The framework and hard risk constraints are shown below.
STRATEGYWEIGHTCAPACITY
Funding-rate arbitrage
Cross-market arbitrage
★MEV on-chain arbitrage
Options market making
★Event-driven
CTA trend following
Stablecoin base yield
★ Core strategy
15–25%
Target annualised
Conservative figure · not a promise
<15%
Max drawdown
Hard constraint
3x
Total leverage cap
5x per strategy
3%
VaR cap (95%)
24-hour
04 — DAILY DIVIDEND MECHANISM
Daily Dividend Mechanism
A three-pool structure · a dividend on profit and loss days alike
The dividend is drawn from three independent pools. Note carefully: the dividend is, in essence, an early distribution of the fund's assets — not a guarantee of stable returns from any external source.
Base Yield Pool
Base Yield Pool
A stable base for the dividend
- Source
- USDC interest on Aave / Pendle + tokenised treasuries
- Allocation
- Contributes 4–5% annualised toward the fixed daily dividend
Alpha Pool
Alpha Pool
The floating dividend and NAV growth
- Source
- Net daily profit of the seven strategies
- Allocation
- On profit days: 30% to the dividend / 70% into NAV
Dream Reserve
Dream Reserve
The buffer that tops up the fixed dividend on loss days
- Source
- 10% of strategy profit injected on profitable days
- Allocation
- Target 15–20% of AUM, capped at 25%
Reserve stress test: with AUM of 20M USDC and a 3M reserve, the reserve can sustain roughly 912 consecutive loss days (the worst historical backtested streak was 23 days). This is a model estimate and not a guarantee of principal.
The Holder Experience
Pushed daily at 08:30 (UTC+8) · App / WeChat / Telegram / Email
Days running
0
Current NAV
0.0000
Year to date +0.00%
Today's dividend
0.00
USDC · per 10,000 USDC
Cumulative dividend
0.00
USDC · per 10,000 USDC
NAV TREND · LAST 90 DAYS
The above is an interface demonstration. The figures are programmatically generated mock values and do not represent any real historical or expected performance.
05 — NAV ORACLE & TRUST LAYER
NAV Oracle
Three-party verification + zero-knowledge proof of reserves
At 00:00 UTC each day, the position snapshot (private, off-chain) is verified independently by three parties. Only when signatures agree is it written on-chain, where it drives subscription pricing, redemption and dividend calculation.
01
Custodian
Anchorage
Custody of positions and assets
02
Auditor
Armanino
Monthly on-chain proof-of-reserves audit
03
Oracle
Chainlink Oracle
ZK Proof PoR Circuit price feed
ZK Proof of Reserves
What it proves
- Total assets ≥ total liabilities + all holder valuations
What it never reveals
- Specific positions
- Position sizes
- Counterparty identities
Cryptographically satisfying both “private positions” and “fully verifiable” at the same time.
06 — ROADMAP
Roadmap
An 18-month path
Phase 0NOW
Preparation
Entity setup · contract development · live strategy validation
Phase 12026 Q2
Audit & Closed Beta
Dual audit · custody integration · 5M USDC seed round
Phase 22026 Q3
Public Launch
Targeting an initial AUM of 20M USDC
Phase 32026 Q4
Expansion
Content rollout · AUM of 50M
Phase 42027 Q1
Second Issuance
The Stable fund goes live, expanding the capital base
Phase 52027 Q2
Governance Token
$DREAM issuance · the path to a DAO begins
Phase 62027 Q4
Dream Festival
Full DAO governance · annual holder assembly
The initial AUM is hard-capped at 30M USDC. Beyond this scale, the capacity of higher-yield strategies decays, which would degrade the holder experience.
IMPORTANT NOTICE
Key Risk Statement
01
Risk of total loss of principal
Crypto asset prices are highly volatile, quantitative strategies may fail, and smart contracts may be exploited. The funds you invest may go to zero.
02
The true nature of the daily dividend
The dividend is, in essence, an early distribution of fund assets — not a guarantee of stable external returns. If the reserve is exhausted, the dividend may be reduced, suspended or fall to zero.
03
No guarantee of principal
The daily dividend mechanism is not a guarantee of principal or returns of any kind. In extreme markets, the dividend may in fact accelerate the loss of principal.
04
Restricted jurisdictions
Not offered to residents of the US, mainland China, Hong Kong, North Korea, Iran and others. See the Risk Disclosure document.
Before You Decide Anything
Please read the whitepaper and the risk disclosure document in full. This fund is intended for sophisticated investors only and carries strict geographic and suitability restrictions.
The investor channel and holder portal launch in Phase 1 (Q2 2026). For institutional enquiries in the meantime, please email official@quantumdream.fund.
This fund is not offered to residents of the US, mainland China, Hong Kong, Macau or OFAC-sanctioned jurisdictions.