Documentation index (static)
Portfolios
Portfolios Overview
What a portfolio is, what it contains and how it is represented on horakl.
Portfolios Overview
What a portfolio is, what it contains and how it is represented on horakl.
A horakl portfolio is a model allocation published by a manager. It is the core unit of research and reputation on the platform.
What a portfolio contains
- Name (1–12 characters) and an optional icon.
- One or more types (for example Meme, L1, L2, DeFi, AI, RWA, Gaming, Diversified).
- A set of holdings, each with a token, network and weight.
- Comments / rationale published by the manager (up to 1000 characters).
- An access price in USD.
- A status (active or inactive).
Holdings must represent a complete allocation. The current implementation requires the weights of all holdings to total 100%, and a portfolio cannot be empty.
Model portfolio, not a fund
A portfolio tracks allocations; horakl does not take custody of funds or execute the allocation in the underlying assets. Performance is computed from the recorded allocation and market data.
History is preserved
When a manager rebalances or removes a holding, the previous state is retained in the portfolio history so past performance and composition remain auditable.
Creating a Portfolio
The multi-step flow to publish a new portfolio and the one-time creation fee.
Creating a portfolio is a guided multi-step flow: Name & Logo, Tokens, Allocation, Comments, Price and Confirm.
The creation steps
- Name & Logo — choose a 1–12 character name and upload an icon.
- Tokens — search and select tokens from the supported token universe.
- Allocation — assign weights so holdings total 100%.
- Comments — write the research/rationale (up to 1000 characters).
- Price — set the access price in USD.
- Confirm — review and pay the creation fee.
Portfolio creation fee
Publishing a portfolio requires a one-time fee of 1.00 USDT paid to the horakl Treasury on the selected network. The manager pays the network gas for this transaction.
Portfolio creation is its own payment and verification flow. It is not the same as purchasing access to another manager’s portfolio, and the access-purchase revenue split does not apply to the creation fee.
If creation is interrupted
If the on-chain creation payment is sent but the page is closed before completion, horakl remembers the pending transaction locally and can resume verification when you return.
Holdings & Allocations
How tokens, networks and weights define a portfolio, and what total 100% means.
Each holding is a token on a network with a weight expressed as a percentage of the portfolio. Together, holdings define the portfolio’s composition.
Weights must total 100%
The current implementation requires the sum of all holding weights to equal 100%. You cannot publish a portfolio that is empty or whose weights do not total 100%.
Preview vs. full composition
Before access is purchased, horakl shows a composition preview grouped by token type (for example L1, DeFi, Meme). The individual tokens and their exact weights are only visible after access is purchased.
Token networks
Each holding records the network the token operates on. The set of networks represented across holdings is shown on the portfolio.
Portfolio NAV
How Net Asset Value is represented and the available time ranges.
NAV (Net Asset Value) is the normalized value of a portfolio over time. horakl starts each portfolio at a NAV of 100 so portfolios of different ages and sizes can be compared on the same scale.
Time ranges
The NAV chart can be viewed over 7d, 30d, 90d and Max ranges. When the selected range starts at the portfolio’s beginning, a synthetic “Start” point at NAV 100 is included.
NAV is a model value computed from the recorded allocation and market data. It is not a claim about realized investor returns.
Reading the chart
The NAV line is colored to reflect performance over the selected range: green when the final value is above the starting value, red when below, and orange when unchanged.
Rebalancing
What happens when a manager changes a portfolio’s allocation.
A rebalance is a change to a portfolio’s holdings or weights. horakl records each adjustment so the portfolio’s evolution stays auditable.
Rebalance history
Each rebalance stores the date, the list of changes and the total absolute weight change for that adjustment. Removed holdings remain represented in historical records.
Adjustment style
horakl classifies how actively a manager adjusts a portfolio over a 30-day window using the total absolute weight change:
| Total 30-day weight change |
Style |
| 0–20% |
Conservative |
| >20–50% |
Active |
| >50–70% |
Frequent |
| >70% |
Aggressive |
Adjustment style describes behavior, not quality. A conservative portfolio is not inherently better or worse than an aggressive one.
Portfolio Lifecycle & Inactivation
Active vs. inactive portfolios and what inactivation means for visibility and payments.
Every portfolio has a status of active or inactive. Status controls visibility and whether the portfolio accepts new payments.
Active portfolios
Active portfolios are visible in Explore and rankings, can be previewed and accept new access purchases.
Inactive portfolios
An inactive portfolio is hidden from new users and does not accept new payments. Inactivation is not deletion: the portfolio and its history are preserved.
The exact access-expiration behavior for already-entitled users when a portfolio becomes inactive should be confirmed against the current implementation before relying on it for decisions.
Can a manager delete a portfolio?
horakl preserves portfolio history. A manager can inactivate a portfolio to stop new visibility and payments, but the historical record is retained.