DEXTF Newsletter #8
v2 UX/UI launched π₯, firsts in #DeFi, and what is Digital Asset Management?
Hey Everyone,
Welcome to this week's edition of the DEXTF Newsletter!
You can follow the community conversations on Discord, Telegram, Twitter, and Reddit!
DEXTF updates
DEXTF v2 UX/UI went live earlier today, as part of phase 1/3 of our v2 staggered rollout:
During this transition time expected to be ~10 days, we will collect feedback on the overall experience and potential front-end issues:
If you missed it and want to celebrate with us our last 9 months, here is what weβve been busy with:
Also, DEXTF is hiring! If you think this is you, reach out to us. DMs are open.
Portfolio Metrics
[As of 17th Jun 2021].Β
Please refer to the DEXTF website for the latest APYs:
DEXTF/ETH is offering 73% APY
XTF/DEXTF is offering 119% APY
You can also earn $DEXTF by providing liquidity on Uniswap (29.6K tokens daily) or investing in any of the XTF funds (12K tokens daily)
Current TVL is US$ 3M (refer to DeFi Pulse)
You can invest by buying on Uniswap or the DEXTF app
Hereβs a quick guide on how to buyΒ
Concept of the Week
Β βοΈ What is Digital Asset Management?
Asset Management (AM) is a set of operations with a positive return on capital as the primary objective while keeping an eye on risk.
A few things to note when it comes to TradFi AM:
Typically has investment minimums: 1) so that investors can withstand high volatility and 2) for asset managers to make bigger wagers while still making management fees
Only accessible to other institutions (e.g., governments, other types of funds) and HNIs
Retail investors usually are given less risky products that also perpetuate the status of remaining a retail investor.
DeFi reshuffled all the cards.
For the first time, retail investors have an option to embark on a crypto journey full of risks and opportunities that, if managed well, would have turned a nice profit in the last two years.
The mass departure of retail investors from TradFi to DeFi resulted in TradFi incorporating memes and narratives to maintain interest.
So, digital asset management consists of decentralized digital operations that enable the entire chain of productization to be done permissionlessly, from start to end.
As a result:
No minimums andΒ
rewards are distributed fairly to all platform participants based on their activities
To read more about what DEXTF is all about:
And that's it for this week! See you next week.
Semper Fortis
DEXTF Team