News

USDⓢ Portfolio New Options: 9%-1 Year & 8%-3 Months

Aug 17, 2022

The significance of stablecoins seems to be further cemented this year, especially when the sector has seen an unprecedented amount of value flowing out of volatile crypto assets such as ETH and BTC.

According to a recent report by the blockchain intelligence platform Glassnode along with the crypto data authority CoinMarketCap, the top four largest stablecoins–USDT, USDC, BUSD, and DAI–surpassed Ethereum (ETH) for the very first time this June to July, whose value altogether used to be only 50% of that of ETH in terms of market capitalization.

Bear markets acted as a catalyst for investors deleveraging their positions and turning to stablecoins. While their tolerance for risks decreased in the violent market conditions, the fact that this first-ever moment of a group of “stable” assets surpassed the value of a volatile asset has made the stablecoin market seem more preferable to them.

In response to market conditions, Steaker continues offering portfolios that ensure your steady asset growth. This time, we have even rolled out two one-of-a-kind options with different contract periods–9%-1 Year & 8%-3 Months. Whether you intend to place your funds here long-term or flexibly manage your wealth short-term, low-risk, and bespoke portfolios can always be found here in Steaker.

Limited subscription will begin as of today until 2022/08/29 23:59 (UTC+8), with the minimum investment amount being 1,000 USDⓢ. For further information, please see the portfolio details below.

About 9%USDⓢ - 1 Year

  • Subscription Period: 2022/08/17 16:00~2022/08/29 23:59 (UTC+8)
  • Subscription Qualification: None
  • Minimum Investment: 1,000 USDⓢ
  • Supported Currencies: USDT, USDC, BUSD, and DAI
  • Contract Period: 1 year
  • Total Subscription Cap: 1,000,000 USDⓢ
  • Start Time: 2022/08/30 15:00 (UTC+8)
  • Penalty Fee: None (Once the subscription is made successfully, no redemption is allowed before portfolio maturity.)
  • Maximum Loss: None
  • Incentive Fee: None
  • Management Fee: None
  • Redemption Fee: None

About  8%USDⓢ - 3 Months

  • Subscription Period: 2022/08/17 16:00~2022/08/29 23:59 (UTC+8)
  • Subscription Qualification: None
  • Minimum Investment: 1,000 USDⓢ
  • Supported Currencies: USDT, USDC, BUSD, and DAI
  • Contract Period: 3 months
  • Total Subscription Cap: 3,000,000 USDⓢ
  • Start Time: 2022/08/30 15:00 (UTC+8)
  • Penalty Fee: None (Once the subscription is made successfully, no redemption is allowed before portfolio maturity.)
  • Maximum Loss: None
  • Incentive Fee: None
  • Management Fee: None
  • Redemption Fee: None

Note

  • These portfolios are set with a cap on the maximum amount invested. To safeguard all investors’ rights, as long as the subscription goes through, no early redemptions are allowed. Please consider carefully before investing.