# DAO Pool

&#x20;     A pool is normally chosen for assets and managed by a fund manager, while a DAO Pool is entirely directed and managed by the investors who invest in the funds without the involvement of a Fund Manager. Investors can vote on investment assets and how to trade those assets for the returns and highest efficiency towards funds.

&#x20;    DAO Pool can be applied to create an index fund to invest in certain asset groups. Investors can change the amount or type of assets they invest in right away through the investors’ vote from more than 30%. Also, the investors, who create a forum and vote through the given time and make the fund's AUM more valuable, will receive a share of the Performance fee calculated by the High Water Mask Method and divided by the ownership proportion of all investors who contributed to each voting round.
