Purpose:
…is to provide easy one step access to a passive investment with high APR returns on DeFi projects, vetted for safety.
Target Customers:
…investors who are new to crypto, investors who are new to decentralized finance, investors new to liquidity provision or investors who are veterans in this space, who are looking for a more passive investment with high APR. If you are a veteran who wants high passive income without the hassles of actively managing your DeFi investments this project is for you.
Transparent:
…every transfer and transaction is recorded on the blockchain ledger, which is public. Ever week features a report to investors, showing earnings, expenses and net profits paid to each investor.
Simplicity
The project’s purpose is to provide an easy way to invest in DeFi, to investors with little or no DeFi investing experience.
The investor simply needs to send the investment capital to the investment account @easydefi via their Leofinance wallet. This creates a transparent record of the investment and the weekly earnings will be paid back to that wallet.
Future
The project is currently a trusted Project, and I wish to create a trustless project in the future.
Trustless
The second phase of the project will involve accepting investment capital from investors via delegation. This will be trustless, but more capitol intensive to set up and it will require outside Hive. In that phase the EasyDeFi service provider will walk the client through the set-up to allow easy access to the financial tools of decentralized finance, to people with little or no previous experience with cryptocurrency or decentralized finance investments.
Mass Adoption
I am the project founder, and I believe investors don’t need to know the mechanics and complexities of DeFi to profit from those financial tools.
DeFi as a service DAAS
I think DeFi as a service will involve investors supplying capital and receiving passive income.
Impermanent Loss
Investors should understand that the value and number of assets deposited in these contracts varies due to market forces. So while there is potential for good returns, there can also be losses, and if you withdrawal from the pool during a down or early market, you may not get all your capitol back. So you can incur losses.
Investing is risky
Decentralized Finance is risky. While this project shall use Cubfinance, an audited project, with a known developer and strong community support, there are no guarantees against loss. While there are always risks of loss of capital, this risk will be actively managed to minimize risk, but risk is never zero.
To enroll in this pooled investment:
To take part in Easy DeFi, send 250 Leo or 125 aHive to @easydefi with memo Group A. You can also send larger amounts in round numbers 275, 300, 325, 350, etc... Thats it. Once you send the initial minimum investment you can add to it in 25 Leo or 25 Hive increments, just make sure it’s a round number 25, 50, 75, etc
What you can expect
- Weekly Report with ledger list of investors, total invested, total earnings and distribution of earnings.
- There will be an initial report explaining the process by which the Leo is invested in the LP pools.
- The weekly earnings will be transferred to the Leo wallet of each participant.
- Each investor will receive 90% of the earnings generated by their 500 or 1000 Leo each week, and 10% will go to
@shortsegments as fees.
- Currently Cub-BUSD is the target investment with a 200% 138% APR and the stable coin pairing reduces risk of impermanent loss by half.
- All investments are expected to be for one week minimum.
Withdrawals before four weeks will be allowed, but the withdrawal of funds before Sunday will mean no earnings for the week. Paying prorated earnings is much to complicated, so please don’t ask.
Monday Cutoff
All funds received on Sunday/Monday receive a full weeks earnings on the following Sunday.
Invested Funds received on after the cutoff will most likely not be invested, until the next Sunday/Monday cycle. And they will not receive earnings until the next week.