Nested
  • Overview
  • General information
    • Fees distribution
    • Airdrop
      • Genesis Epoch
      • Other epochs
  • Instructions for use
    • ✅Wallet and fiat on-ramp
      • Wallets management
        • Magic Link - recommended for newbies
        • How to extract your private key from a Magic Link wallet?
        • MetaMask
      • Purchase your first crypto
    • 🎭Manage Profile
      • Profile overview
      • Edit a profile
      • Share a profile
    • 📈Manage Portfolios
      • Original Portfolios
        • Create a portfolio
        • Edit Portfolio
          • Simple Deposit
          • Proportional Deposit
          • Buy
          • Edit allocations
          • Simple withdrawal
          • Proportional withdrawal
          • Buy/Sell/Convert
          • Deposit / Buy crypto / Convert
      • Copied Portfolios
        • Copy a portfolio
        • Deposit/Withdraw on a portfolio
        • Update a portfolio
      • Send a portfolio
      • Share a portfolio
      • Portfolio Overview
    • 💰Manage Royalties
      • Royalties Overview
      • Claim
    • ⚠️Risks & Security
      • Using Nested safely
      • Disclaimer
      • Smart Contracts
        • Ethereum
        • Avalanche
        • Polygon
        • BNB Chain
        • Optimism
        • Arbitrum
    • 🎯Trouble Shooting
    • ☎️Additional support & content
      • More Support
      • More Content
  • Common questions
    • Why do we use NFTs?
    • How are assets stored and secured?
    • Are Nested portfolio assets rebalanced?
    • What happens when a user updates a Nested portfolio?
    • How illiquid assets are managed during the liquidation process?
  • Other
    • Terms & Conditions
    • Trading competitions - Terms & Conditions
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  1. Common questions

What happens when a user updates a Nested portfolio?

The NFT representing a portfolio also represents the ownership of the underlying assets. We've implemented a data structure that maps the asset composition of every NFTs delivered by Nested smart contracts.

When a user changes the asset composition of their Nested portfolio, the smart contract that manages it automatically updates the global data structure. The NFT representing the user's portfolio isn't burnt and reminted at any point.

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Last updated 3 years ago

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