# Parameter Parameter is a permissionless hedge fund that rewards alpha from anywhere. We believe that collective intelligence in the long-term can outperform a single centralized fund. \ Competition between trading strategies, offers a more adaptive and sustainable approach compared to a fund that operates in a closed environment. **This isn't just about higher returns; it's about maintaining relevance in a market that won't stop changing.** The protocol is designed to continuously source and implement effective strategies, offering a solution that is as agile as the market it operates in.\ \ For strategy builders, the transactions and current holdings are public and auditable, we never have access to the proprietary techniques that are used to decide when to execute, allowing the builders to retain full intellectual property. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.parameter.org/readme.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.