DeFi or Decentralized Finance comes with a lot of potential and opportunities for everyone to maximize their profits and manage their portfolio conveniently. While the space is still developing, the inefficiencies of the market can be used to make profits. One of the major advantages of the DeFi space, therefore, is yield generation.
One platform that offers yield generation options without the scope of any human error is Midas.Investments. The platform helps users generate yields with the help of assets that are used by protocols. Each protocol helps to bring peer-to-peer value to investors and also lets users receive fees and tokens.
What is Midas.Investments?
Midas.Investments is a custodial crypto-investment platform with the mission to provide passive income streams to its users. The platform focuses on helping people achieve financial freedom through building sustainable passive income streams and making use of the opportunities in the crypto market.
Midas aims to build an ecosystem of intuitive tools that would allow any user to create a sustainable and long-term passive income source. Users get interest rates for high market cap coins such as BTC, ETH, and USDT along with interest rates for high potential DeFi assets such as LINK, UNI, SUSHI and much more. Automated portfolios of cryptocurrencies with weekly payments are also given out.
Midas.Investments generates yield through hedged strategies which uses investment instruments such as lending and borrowing, hedged token farming, DeFi yield vaults, and concentrated liquidity provider on Uniswap V3.
Yield Automated Portfolios (YAP)
The Yield Automated Portfolio functions with asset stability at its prime focus. It offers users a chance to invest in a fully automated and managed investment portfolio that has a potential for long-term growth along with a weekly payout in BTC. There are three types of automated portfolios:
- Stable Yield Automated Portfolio: This has coins that have a long-term strategy and pay out 21% APY directly in the user’s wallet. Midas features coins such as BTC,ETH, USDT and MIDAS. To increase the long-term portfolio growth to 45%, monthly rebalancing is done. Bitcoin and Ethereum have a stable YAP of over 35% while Tether USDT and MIDAS have a 15% stable YAP each.
- Masternode Yield Automated Portfolio: The masternode yield automated portfolio includes coins that have outperformed in a long-term strategy and pays 26% APY in Bitcoin every Monday. This includes coins such as MIDAS, BTC, ZEN, XZC, NRG, DIVI, PHR and ESBC. The coins have been chosen according to price performance, product, and community.
Security and fees
The Midas platform has 3 layers of protection that are built into the platform itself. The first level includes the confirmation of all sensitive information through mail, the second level is 2 Factor Authentication and requires users to enter a code from their mail when they log in. The third level includes an automatic logout that takes place every 7 days.
The Yield Automated Portfolio has 2 types of fees: one for payouts and the other for rebalancing. A 5% fee is charged from the payout before it is processed to the BTC balance whereas a 0.8% fee is charged for rebalancing. This fee is deducted from the portfolio value automatically at the end of every month after the portfolio has been rebalanced. Both of these fees can be reduced or waived off by activating the Midas Lock-in.
Midas.Investments has the long-term vision of providing users with a stable and profitable passive income source that would help them earn one of the highest yields on major cryptocurrencies such as BTC, ETH, and USDT. Investors would get to earn 17% APY on BTC and a 23% APY on ETH.
The platform also does not have any minimum limit on deposit amounts or any lock-up periods. With over 22K investors around the world and a total of $50M value locked in, Midas.Investments helped investors earn $780K in October.
Midas.Investments intends to become a gateway between centralized and decentralized finances while also providing DeFi market exposure to investors and users.
For more information on Midas Investments, please check out their official website.