Decentralized Finance (DeFi) is the cryptocurrency evolution of traditional finance, and as such, the sector holds tremendous potential for investors. With opportunities to earn fantastic returns from so-called yield farming, DeFi has grown in leaps and bounds since 2020. The blockchain space continues to expand, yet certain factors, such as price volatility and security risks, may never disappear.
Several alternative investment funds (AIF) and index funds already have vested interests in cryptocurrency and DeFi, in particular. Index funds, however, are exposed to the impacts of price fluctuations, and as we know, volatility looms over the cryptocurrency space. Security breaches due to smart contract bugs and rug pulls are also not uncommon, making investing in DeFi a riskier business for the inexperienced. That is why, Finexify, a novel investment firm founded by cryptocurrency experts, has set out to unlock extraordinary alpha through decentralized finance with a market-neutral strategy that claims to provide the best returns unmatched in the industry.
The Finexify Project Unpacked
Founded in 2021 and led by a team of experienced professionals in blockchain tech, finance, IT, DeFi, and security, Finexify is an investment firm that leverages the power of DeFi to give investors extraordinary alpha. Using its unique investment strategy, Finexify aims to generate returns in all market conditions, bullish or bearish. Essentially, Finexify utilizes blockchain technology to unlock unprecedented alpha and shield investors from the price fluctuations and volatility typical for the crypto market.
In an official statement from Finexify, the company expresses its primary objective, saying: "We aim to generate above-average long-term steady capital growth in the 30%-50% p.a range by mitigating market risks and without compromising the security of funds. Our Ethereum Green Legend Fund is an investment vehicle designed for high net-worth individuals and institutional investors that want to gain exposure to this emerging space in the safest and most secure way."
Finexify believes that its unique investment model, exceptional returns, and low-risk investment plan could be potentially profit-making for investors looking to make the most of the DeFi revolution.
The Finexify Strategy
How does Finexify invest in crypto and aim to remain neutral from the ups and downs which are commonplace in the crypto market?
Rather than investing in volatile cryptocurrencies and tokens, Finexify aims to provide steady returns in the long run through so-called yield farming and liquidity mining. In general, Finexify provides liquidity in the form of Ethereum and stablecoins to decentralized exchanges (Automated Market Maker protocols), and aims to generate constant returns from trading fees and tokens, which are exchanged to the fund’s underlying assets.
The company believes that its team is extremely diligent in evaluating and performing security audits of these protocols and ensures round-the-clock monitoring to protect investors' funds. The team has also deployed a proprietary rebalancing technique to mitigate impermanent loss risk due to price fluctuations of Ethereum.
The Product
Through its Ethereum Green Legend Fund, Finexify offers investors the opportunity to become part of the DeFi revolution. The vehicle features 2 investment options — in ETH or stablecoins. Launched in February 2021, the Green Legend Fund has recorded impressive numbers. The return on ETH stands at 49.55%, while stablecoins generated a 65.2% yield. As of October 31, the total value of Assets Under Management is $3.1 million, and Finexify expects a 20x increase in the AUM by Q4 2021.
Finexify keeps all crypto deposited in the Legend Fund in cold storage under bank-grade security systems with strict access regulations. The company maintains that its team constantly evaluates the opportunities with the best risk-return ratios and monitors the targeted DeFi protocols for code updates, upgrades, and security issues at all times. Finexify assures investors of security, maximal returns, and effective risk management.
The Minds Behind Finexify
Finexify was founded in 2021 by Valentin Mihov and Gary Guerassimov. The Finexify crew comprises experts in blockchain, finance, and IT ⸺ capable of actualizing effective risk management strategies with appreciable returns.
Valentin Mihov is a software engineer who ventured into crypto. He bought his first Bitcoin in 2013 and has served as CTO at Santiment. Valentin was an independent DeFi consultant and investor before co-founding Finexify in 2021.
Gary Guerassimov is a serial entrepreneur with outstanding leadership skills and a passion for blockchain and Fintech. He has co-founded several crypto startups such as xChange, Bitvalex, and Rocapay. Finexify is his latest endeavor.
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