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PEAKDEFI

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Ethereum
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News

Central Banks and Ripple: Modernizing International Settlements

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Central banks are considering Ripple and SWIFT to improve cross-border transactions. Key insights from the study discussed.
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Giorgi Kostiuk

Closed SEC Meeting: The Future of XRP in Question

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The SEC's closed-door meeting raises questions regarding XRP's future and its status as a cryptocurrency, with the community analyzing potential outcomes.
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Giorgi Kostiuk

Ego Death Capital Completes $100 Million Fundraising for Bitcoin-Focused Investments

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Ego Death Capital has raised $100 million aimed at investing exclusively in Bitcoin-related companies, highlighting the growing interest in this asset.
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Giorgi Kostiuk

What is PEAKDEFI?

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.

PEAKDEFI was created to disrupt the whole investment environment. While current 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.

Besides investing in the PEAKDEFI global fund, you can grow your capital by staking PEAK. 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, which converts to 1bn PEAK, is reserved for staking rewards. You can earn up to nearly 83% in PEAK Staking per Year!

Security has the highest priority at PEAKDEFI. The system was reviewed and audited by Quantstamp, one of the best smart contract security companies, to ensure the security of the PEAKDEFI fund and the staking process.

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