Converting a high risk business into a treasury bonds doesn´t make any sense to me. I think all investors here look for high profits, so it means high risks too. Everybody is grown up here, right?
I think if Darwinex wants to protect the investors is fine, let´s say that the former 20% was ok, but I´d prefer to use the same VAR for the darwin than the underlying strategy, so the trader would be using the risk that is more familiar with, and every investor has the oportunity to put its money with the kind of trader is more confortable with. Some investors would prefer a low VAR trader, others a high one...
The current way, you have to trade thinking in the darwin instead the underlaying strategy, what it takes you to make more mistakes...At least for manual traders.
And finally, what do you do, trade for your equity or your investors money...different VAR, different return...it is very confused.