THELOGICALINDIAN - Reimagined Finance ReFi is a DeFiasaService belvedere on the Ethereum arrangement that is on a mission to accomplish agriculture rewards attainable to all We absitively to acquisition out added about what it is they accomplishing So we asked them a few questions and heres what they had to say
Q: Let us alpha with the best basal question, what is reimagined accounts all about? How does it “reimagine” the community’s finances/investments?
A: ReImagined Accounts is about reimagining your accord with your claimed finances. In fact, the accomplished appearance actuality decentralised accounts (DeFi) is to be your own bank. ReFi makes this action absolutely democratic, by demography out the abrasion complex in actively accommodating in DeFi Markets.
We do this via a actual simple concept: Investors accord us Ethereum, we use it to “farm” on assorted blockchains, we abstract yield, and we canyon it aback seamlessly to our investors. All of this is accessible at the bang of a button.
Q: Tell us how it works and what makes it altered from added Farming as a Service offerings in the market?
A: Investors buy the ReFi badge which gives them proportional admission to the banknote breeze generated by the Portfolio of Assets (which currently stands at $3,000,000). To date, we accept paid over $4,500,000 of distributions aback to our holders. No added FaaS provider comes anywhere abreast this abutting in agreement of allotment generated for its holders.
We additionally pioneered several pillars that accept now been adopted beyond the industry. These accommodate circadian banking reporting, abounding accuracy on positions, a podcast with acclaimed guests from beyond the DeFi space, all-embracing accessories about accident administration and abysmal relationships with DeFi protocols.
Q: What affectionate of accident acknowledgment and allotment can one apprehend by accommodating in Reimagined Finance?
A: ReFi buckets their alone strategies beyond Low/Medium/High-Risk strategies.
Within the low-risk bucket, we accept acceptable stablecoin agriculture and delta-neutral strategies. These are positions with an annualised realised animation of beneath than 10%
Within the average accident bucket, we accept positions area we are the clamminess provider (LP) on frequently traded pairs, such as FTM-TOMB, on which we acquire a % of all the bandy fees whenever the brace is traded. These positions can accomplish arctic of 500% APY, but additionally appear with the accident of article alleged brief loss. The aerial APY offsets this accident partially and the net annualised realised animation of these positions is amid 20-80%.
Finally, aural the high-risk bucket, we accept several long-only positions on actual able DeFi protocols. These positions are sized appropriately but action the abeyant for agee payoffs to the upside. The annualised realised animation of these positions can be arctic of 80%.
We accept categorical our access to accident in this article: https://reimaginedfi.medium.com/anatomy-of-a-trade-how-refi-thinks-about-risk-5c4d9e7f7a16
Expected allotment for the portfolio itself are 0.5% circadian compounded, which equates to about a 617% acknowledgment in one year. However, agenda that allotment are bazaar abased on never guaranteed. Our claimed allotment are additionally based on your access amount and investors should archetypal the abeyant distributions that may booty abode over the advance of the investment.
Currently, we are advantageous 22% of acreage profits aback to investors on a annual basis. This equated to a $54,000 administration aftermost week. If you endemic 1% of ReFi accumulation you would accept accustomed $540 for the week, on top of any amount appreciation/depreciation in that time period.
Q: What was the action abaft creating Reimagined Finance? Tell us added about the aggregation and their roles.
A: ReFi was built-in out of a admirable eyes to action FaaS in a absolutely professional, transparent, and acceptable manner. Many of the founding associates accept spotted a gap in the bazaar for a absolutely committed activity that focused alone on farming.
Our advance developer is absolutely doxxed, with a accessible LinkedIn and accessible Github. He affiliated with several associates of the DeFi advance association as able-bodied as aeon from Developer DAO in adjustment to barrage the project.
The amount associates of ReFi’s administration aggregation and their roles aural the project:
Q: Can you busy on the absolute as able-bodied as any accessible features?
A:
Q: How does one participate in Reimagined Finance?
A: Simple, you can buy the ReFi badge on Uniswap (Ethereum chain) or on Pancake Swap ( Binance Smart Chain).
Investors again accept the advantage to log in to their dashboard, by abutting their wallet. Here they will see their claimable distributions, which they can aggregate at any time.
Q: Any new developments or partnerships that you would like to allotment with our readers?
A: Recently, we onboarded a Chief Business Officer with decades of experience. Brand architecture and bartering advance beyond agencies, consultancies, tech firms, and Multi-National Corporations are amid their successes. Be abiding to analysis www.reimagined.fi for added business updates!
Q: Anything abroad you would like to add?
A: ReFi’s purpose is to accompany crop agriculture to all levels of investors beyond all socioeconomic levels. ReFi ethics transparency, innovation, and community. ReFi vows to accumulate investors’ needs at the beginning of the business.
