EASYDEFI

Purpose: Provide easy access to safe DeFi project investments to the new cryptocurrency investor and the new DeFi investors.

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.

The second phase of the project will involve accepting investment capital from investors 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.

I am the project founder, and I believe investors don’t need to know the mechanics and complexities of yield farming and providing liquidity to profit from those financial tools. They just need to supply capital and understand there is potential for good returns and significant losses. But that such losses should be minimized by the service provider, by project selection, asset pair selection, and monitoring account balances.

Background

I believes that cryptocurrency mass adoption is being limited by the steep cryptocurrency learning curve. I also believe a similar steep learning curve is limiting investor access to decentralized finance projects. He believes that making DeFi investing as simple as sending your capitol and getting paid every week is one way to get more investors involved with Cubfinance, and by extension Hive and Leofinance.

This programs second phase will open to investors outside Hive the Community. The 2nd phase investors will be able to receive money directly into their bank accounts on a weekly basis. This will make defi investing as easy as investing in a stock mutual fund or buying an item on Amazon.

Understanding:

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.

Initial Investment Groups:

The first round will allow two sets of investors’access:

Group A has a goal of twenty investor slots, each investing 250 Leo for each slot. Investors can purchase more than one slot by investing in multiples of 250 Leo, such as 500, 750, 1000, 1250, 1500, 1750 or 2000. Investors can also send 130 Hive as the equivalent of 250 Leo, which can change if the Leo price in Hive changes. Once you send the minimum investment, of 250 Leo or 130 Hive, you may send smaller subsequent deposits of 25, 50, 75 or some other whole number are acceptable.

Regardless of the number of investors, investors will always receive earnings in proportionate to their investment. For example, an investor whose investment represents 10% of the capital in the pooled investment funds will receive ten percent of the weekly earnings, minus a 10 percent management fee.

After the 20 slots in Group A fills up, subsequent investors will be added to the Group A or a second group A2 depending on the number of investors and the transparency of such action. I think simplicity helps with transparency.

Group B will probably be for investors outside the Hive Community. These investors will invest a minimum of $100.00 USD or approximately 250 Leo. Group B investor will also have the opportunity to purchase more than one slot, in 1000 Leo increments.

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

~~During Phase Two I will accept only 1000 Leo increments from investors from outside Hive and they will be initially investment Group B. ~~

What you can expect

1. Weekly Report with ledger list of investors, total invested, total earnings and distribution of earnings.
2. There will be an initial report explaining the process by which the Leo is invested in the LP pools.
3. The weekly earnings will be transferred to the Leo wallet of each participant.
4. 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.
5. Currently Cub-BUSD is the target investment with a 200% 138% APR and the stable coin pairing reduces risk of impermanent loss by half.
6. All investments are expected to be for one week minimum.
7. 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.
9. All funds received on Sunday/Monday receive a full weeks earnings on the following Sunday.
10. 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.

#~~## Phase two will be open to investors outside the Hive Community.

1. These investors will be enrolled via cryptocurrency wallets which will be connected to bank accounts created just for this investment.
2. There will be a minimum investment of 1000 Leo or $250 USD.
3. These funds will then be invested in the Cub-BUSD Farm.
4. Weekly earnings will be routed back through Dharma Wallet for now.~~

Future Roadmap

The plan roadmap includes subsequent options to invest in single asset farms like Ethereum and Bitcoin. These will have the advantage of no impermanent loss.

There are many more components to this program, but they are what I call unnecessary complexities for the investor, which only the service provider needs to understand. I hope you decide to join me in this financial enterprise to grow the total value locked in Cubfinance, which I think is a great DeFi project, with both short term and long term value and growth potential.

@shortsegments

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