For those wishing to obtain an in-depth understanding of Midas’ investment processes, we encourage all investors to read our third September 2022 Investment Report.
This report discloses the sources of yield and performance on the portfolio which generates yield for our Fixed Yield strategies, including BTC, ETH, and Stablecoins and CeDeFi strategies. We also outline all segments of the DeFi and Algo portfolio and include the risk frameworks that we use for each position. We think that this type of transparency was always lacking from CeFi platforms.
Our purpose for publishing this report is to provide transparency to our investors on how we generate yield. We believe that centralized yield services should provide full transparency behind their yield-generation processes so that investors may decide if those investments align with their risk tolerances.
Sharing our portfolio structure on a regular basis provides transparency with how we make investment decisions while also supporting and substantiating how and why we adjust yield rates for fixed yield products which are based on the current market conditions and our risk policy.
We are not afraid of our strategies being copied by others as we have invested a significant amount of time and effort into creating 24/7 monitoring risk frameworks that significantly reduce the risks of using DeFi and Algo; this proprietary framework protects our positions from risks of depegging, liquidity outflow, price impacts, and smart contract exploits.
October Rates Update
On the 10th of October, we plan to increase the interest rates for Bitcoin, Ethereum, and Stablecoins, as well as decrease the interest rates for BNB, Avalanche, Fantom, and Chainlink, based on the 2-month average yield performance of the Midas portfolio.