Ending of the First Phase, Guaranteed Fund Launched by BitOffer & Goldman Sachs Brought 20% Fixed APY to Users

BitOffer
BitOffer English
Published in
3 min readDec 28, 2020

After the third halving happened on Bitcoin, a bull run was announced to be happened. As the ATH kept refreshing, Bitcoin once broke through 28,000 USD. The market was on a bull run, but numerous investors chose to sit on the fence. Missing all the opportunities, it seems that no matter how the high does Bitcoin go, nothing changes on them.

Then, what about the users who did not miss out?

Among those users, most of them still gained negative balances, especially the ones who traded futures and leveraged trading. Statistically, since March 12th, 10 Billion USD liquidation a day occurred for at least 10 times. It definitely ranked the 1st in the history. What is more, even you gained profits from Bitcoin Futures, the average gains per person is lower than 20%, a number that has a significant gap to Quantitative Fund on BitOffer.

While the price of Bitcoin continued jumping to a higher level, institutions started arranging to entry into the cryptocurrency market. The edges of the traditional finance and cryptocurrency have been kept merging. With the stimulation from DeFi in 2020, assets that are wrapped to cross-chain bring immeasurable liquidity to Ethereum, and it makes more ecological applications be achieved. Moreover, traditional mining, IPFS, NFT Application, and Cryptocurrency IPO never stop telling us that an unavoidable upgrade is on the process. The upgrade is full of uncertainties, the risks and the opportunities coexist.

Back to the traditional finance, the COVID-19 attacked but did not leave. The situation has been more serious than before. Furthermore, easy-money policy makes the interest drop down to a level that cannot comfort people’s demand in wealth management.

Under such a chilly situation, BitOffer and the Goldman Sachs Asian Team launched DEF Win №1, the first capital & interest guaranteed fund in cryptocurrency to provide a stable yield-gaining finance product for users.

It charges 0 fees to purchase the fund, but guarantees the capital and interest (20% Fixed APY). In addition, the advantages of that how it become the best, its duration is 64 days, but it support users to redeem their fund anytime as they like.

After being launched, it was embraced by Fund-holic. Only a week, the limit of the purchase has been sold out.

Even the bull has not left, investing in cryptocurrency and trading derivatives still accompany with risk. Uncertainties will be intensified in 2021. However, investing in BitOffer Quantitative Fund shall be a safer thing while it enables you to lock 20% gains in advance.

Example:

Tony (Right, our old friend) purchases 10,000 USDT on Quantitative Fund on BitOffer, and the initial net value is 100 USDT, which means that he will have 100 shares. Thus, his profit would be calculated as follows:

Profits = Holding Shares * (Net Value while settlement-Initial Net Value)

Then, after 64 days, Tony would get 100*(103.5–100)=350 USDT.

DEF Win №1 has completed its mission and brought 20% APY to its users at the Q4 of 2020. Now DEF Win №1 II will make its purchase be available soon. Don’t be FOMO, and just get into it.

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