If you are an investment enthusiast and love to try crypto trading, then you might be happy with the PEAKDEFI protocol, who connects both retail investors and fund managers.
The platform will help you to get your hands on crypto trading easily, provide safer trading, and even gain you more profits.
So what is it all about? PEAKDEFI is a decentralized, performance-based asset management fund built on Ethereum blockchain, created to connect investors and asset managers for capital growth. Let’s find out how it can help you earn more easily.
The Idea of a mutual fund is basically pooling your money with the money of other investors and investing it in a portfolio of different assets.
The PEAKDEFI fund is a decentralized fund, programmed as a smart contract on the Ethereum blockchain, managed by different Managers in a decentralized, permissionless and smart way to get the best outcome for everybody involved. Investors can invest in the contract and buy a share of the PEAKDEFI fund, whereas managers can participate in on-chain trading with the fund’s capital.
This will create great opportunities for investors and asset managers. While current investment solutions have a lot of flaws, especially for small investors and asset managers, PEAKDEFI paves a completely new way by creating one global fund for everybody, transparent to anybody, governed by all together, to reach the PEAK of the Markets.
If the fund was profitable in a cycle, the profits will be shared automatically between investors, fund managers and affiliates in the following way:
65% of the Profits will be distributed to the investors
15% of the Profits will be distributed to the fund managers
20% of the Profits will be distributed to the affiliates
PEAKDEFI platform is programmed on a smart contract, so you can simply connect to the platform with your own ETH wallet and invest with ETH or 70+ other ERC20 tokens.
Control of your capital
PEAKDEFI is non-custodial and permissionless and is never taking control of any assets. All user deposits are locked in smart contracts without any third party having direct access to those funds.
Autonomous optimization to achieve the best results
You don’t have to worry about choosing the right manager, who will manage your capital. The distribution of the managed PEAKDEFI fund adjusts automatically between the best asset managers through smart contracts to achieve optimal results.
Short trading cycles to guarantee a flexible capital management
The whole period is a 60-day cycle: There is a fixed management period of just 57 days, followed by a 3-day transition phase, where you can sell your PEAKDEFI shares again.
Like investors, the managers connect their Ethereum wallet with the platform to interact with the smart contract. Managers can open and close trades, even margin trades, all in a decentralized way. To provide all these solutions the PEAKDEFI platform interacts automatically with different decentralized protocols like 1inch, Kyber Network, Uniswap and Compound.
Automated AUM Distribution via Reputation Token
To ensure that managers have a fair share of the AUM (Assets under Management), PEAKDEFI use so-called reputation tokens. How much AUM a reputation token represents changes due to various factors such as the number of active traders, the amount of investments made to the fund and other factors. According to PEAKDEFI, each manager receives approximately 15% of the total profit of the PEAKDEFI fund.
In addition to the PEAKDEFI protocol, the team has launched PEAKDEFI wallet app to onboard non-advanced crypto users in an easy way.
The app is a secure Ethereum wallet app that is specialized for DeFi. You can download it for both iOS and Android. It is free and available for everyone, even if you don’t have anything to do with PEAKDEFI.
It’s non-custody and decentralized so that private keys and mnemonic phrases are generated locally and stored in the vault of the smartphone.
Create and import (by private keys) an Ethereum wallet
Send, receive and track ETH and ERC20 Tokens
An integrated DEX (decentralized exchange) is available
“WalletConnect” protocol is also implemented for connecting decentralized applications to mobile wallets with QR code scanning or deep linking
Buy cryptocurrencies with FIAT within PEAKDEFI wallet app via Moonpay
Besides investing in the PEAKDEFI global fund, you can grow your capital by staking PEAK tokens.
At a very basic level, “staking” means locking your crypto assets for a certain period of time for a specific purpose. With regard to PEAK, you’ll get rewards for decreasing the current circulating supply in the market and stabilizing the PEAK price by locking your PEAK on the PEAKDEFI platform. 50% of the total PEAK supply is reserved for staking rewards. You can earn up to nearly 83% in PEAK staking per year!
The PEAK-staking rewards depend on 3 key factors: The amount of PEAK to stake(Bigger Bonus), the period of time you are willing to lockup your PEAK(Longer Bonus) and the stage when you start staking(Early Bonus). This means if you stake more PEAK for a longer time in an earlier stage, you will get extra PEAK as bonus.
The amount of PEAK staked can be 10 to 1,000,000 PEAK. The time the PEAK are staked can be 10 to 1,000 days.
Security is always important for investment. PEAKDEFI system has been reviewed and audited by Quantstamp to ensure the security of the PEAKDEFI fund and the staking process.
Try PEAKDEFI and earn now!
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