And now my review of the VEADIR. Here is my experience and how it works.
3 days ago, I purchased 1 ETH of exposure for .01 VERI for 2 days. That required me to (of course) have 1 ETH and .01 VERI. The current ratio is 1VERI:100ETH, and it is now capped at .01 VERI as I understand.
When I submitted my order, it went into an "open" status for some time. A few hours later I notice that the status transitioned to "Collected" and my 2 day countdown began.
After 2 days the status transitioned to closed and indicated that I had lost 1.28%. I then "Settled" the transaction and the .98x ETH was returned to my wallet.
You can see on the VEADIR page when the VEADIR creates bucked and buys & sells tokens, but there is no indication if it is "your" bucket" or if the transactions are related to your exposure. There is also no indication as to the value of your exposure while it is exposed. You just have to wait for it to end and find out how much you made or lost.
My conclusion from this trial is that this is meant for more long term exposure. Cryptos move a lot but normally you can't expect to necessarily make a lot in 2 days... I would expect that you'll want to do it by the month or months. There is no way to precisely time the entry or exit of the exposure so you're at the whim of the markets of the time period you choose.
Yes, I lost 1.2% over 2 days but that is probably not a bad result considering the natural trading spreads are greater than 1.2%. Even then, you're just buying exposure to that basket of tokens and if crypto has a bad day or week your results will reflect that.
Overall the interface is slick and easy to use and I did not notice any bugs.
Thanks for the overview!