Signalytic’s Proof of Value, February 2023
Maintenance, requirement reductions and upcoming reverts
Four months and counting, Signalytic provides 3 signal broadcasting strategies that have ran over and been maintained over February. We still get some hiccups in the broadcasting — Still some bugs to hunt!
With our dedicated Telegram group counting now 98 followers, compared to 97 last month, and we continue to support followers and newcomers have a good landing place where they can benefits from the support of the team and the community.
Performance
Not a super impressive move on the month, but still profitable compared to HODL. And this is what the strategy is built for — Outperforming HODL long term. Automatically, passive and careless.
Reductions and reverts
During February Signalytic decided to reduce the token requirements for signal listening — It was greeted with both opposing opinions as well as welcoming ones.
For now, the reduced requirements stand but will be reverted during March for our top tier signals (“Trend Soaring” and “The Beast”), as we see points for the opposition of the reduction. Remembering that Superalgos at heart is about contribution and pushing things forward to progress, which is rewarded with tokens from the monthly governance.
The lower tier signal (“Base Soaring”), however, will have a more marketing favourable token requirement sticking with the reduction.
We will stick to having our top signals at a high token requirement — only reducing requirements once existing signals are outperformed.
In straight up wording — The way we will push things forward for Signalytic’s signal distribution and Superalgos’s contribution, effective by March 15th:
The token requirements for
“The Beast” requirement will be $SA 2.5M
“Trend Soaring” requirement will be $SA 750k
“Base Soaring” requirement will be $SA 50k
When new signals are added, they will fall within the 50k — 2.5M requirement range. If new signals outperform old ones, the new ones may replace the old in the same requirement slot, and the old may become available at a lesser requirement. That way, existing users may get a superior product for the same token requirements, and new users may find a broader offering.
Next up!
We’ve hired a Michelin star chef that will serve spicy gourmet fusion cuisine for one of our upcoming strategies. Also a Swedish chef that’s cooking up…some strategy…but no one understands him… “Bork Bork Bork”..?
That being said — There’s more in the pipeline. We cook one strategy that will be more of a fundamentally based technical analysis and another one with a straight up statistical and probability approach, using discreet maths to decipher datasets.
If you want to have a grasp on the signals broadcasted by the Signalytic team, meet us at our Telegram channel!
