Press release
PRESS RELEASE. Crypto investment platform Midas Investments has reported that it has created an infrastructure that is designed with built-in, automated tools and strategies that don’t require investors to master the nature of trade within the volatile decentralized finance market. Traditional CeFi is a centralized financing mechanism such as borrowing and crypto lending that has been used since 2016 to provide moderate passive returns for investors. CeFi is not like DeFi. Security measures are rigorous and investor activity closely controlled by KYC/AML. It is vital that humans are involved in network processes. This has been established through original platforms, such as Crypto.com.
CeDeFi bridges both the decentralized and central finance worlds. Midas Investments says it uses a model similar to Nexo’s CeFi platform and blends it with DeFi and algo strategies in order to provide investors hybrid yields. Many industry professionals believe that decentralized finance can be a powerful tool for achieving synergistic financial assistance.
Midas incorporates DeFi and CeFi, offering innovative options for investment.
With cryptocurrency becoming increasingly popular, banks and traditional financial institutions are looking at how they can interact with DeFi and CeFi strategies. Security is an important aspect for both institutional and retail investors. It can influence investment decisions. DeFi, due to its trustlessness and network activity, is not easy to accept for most investors.
Central finance is another option that relies on human participation to support normal network processes. Midas Investments claims it uses a unique and innovative approach, combining DeFi and CeFi techniques to automate investment strategies. Midas Investments brings together professionals in an approach similar to centralized finance.
Midas Investments is Different
Midas’ hybrid CeDeFi investment platform, which is currently in development, has a staff of 40 to help it achieve its core mission: to create passive income streams by creating hedged yield streams using existing digital strategies. Midas claims it blends market knowledge with tools based on algorithmic infrastructure, 24/7 portfolio management and market expertise. Midas currently employs three investment strategies.
Fixed yield strategies represent the most popular investment strategy. They offer investors industry-leading yields for individually staked cryptocurrency assets. The Annual Percentage yield (APY), for staked Bitcoin, is 9-12.1%. It’s the highest amongst all custodial digital investments platforms. Ethereum has a higher rate of 10% than fiat-backed stablecoins USDC, and Tether which have a 14% annual percentage yield. Midas Boost, which is an incentive to receive payouts in $MIDAS the network coin, reportedly increases yields.
A Yield Automated portfolio, also known as YAP, is the second most popular strategy. The YAPs can be described as a basket of cryptocurrency assets, which are grouped according to type and performance. They’re similar in structure to traditional ETFs. Midas offers two types of YAPs: Stable and DeFi. Stable YAPs focus on stablecoins while DeFiYAPs contain a variety of decentralized financial protocols. YAPs automatically perform a monthly rebalancing in order to equally redistribute the ROI and maximize returns. Complex DeFi Strategies is the third strategy. This new concept will offer investors moderate to high risk options that can further diversify their portfolios.
Midas has recently expanded its team, including a DeFi analyst, an asset manager from traditional finance, who had over $2B in assets, as well as an ex-CEO, which was a large IT company with more than 15 years management experience. Midas is excited to add these new positions and help it grow further as a leading CeDeFi platform.
Midas offers additional security through its hedges
Midas also reports that the platform functions are explained. It has extensive backend processes to protect and hedge front-end investments that offer significant yield potential in volatile crypto markets. Investors are increasingly interested in DeFi as it offers significantly higher returns than traditional finance or fully CeFi platforms.
Midas is said to be protected through integration with Fireblocks cryptocurrency custody and transfer platform. FireBlocks is a digital storage platform that offers high-quality commercial security. The technological infrastructure that supports the FireBlocks platform helps automate tasks such as YAPs monthly rebalancing and provides industry-standard security. FireBlocks provides significant efficiency and security enhancements to the Midas Treasury’s investment strategies.
Midas is a liquidity provider for DeFi. It uses a variety of yield generation methods, such as liquidity providing, loans and multi-protocol strategy. Midas also has algorithmic tools to help it hedge. Midas Investments Wiki page contains detailed information regarding how Midas produces yields. Midas Investments Platform aims to provide an innovative set of investment protocols and options in line with CeDeFi. It aims to offer an optimized trading and investing platform to its over 10,000 active users and 300 million TVL.
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