This month we are proud to announce the launch of our newly envisioned product SumCap Ether Accumulation Fund 𝚵. The core of this new fund is to ramp up exposure to Ether, with controlled risk, while having a productive balance sheet at all times. The endgame being a fully productive Ether position when we reach the next cycle. We do this by combining a smart DCA purchasing strategy with a tailored Yield Layer.
SumCap - Ether Accumulation Fund 𝚵
As the overall market and blue-chips printed more than -60% from ATHs, a flight to safety led to sub-2% stablecoin yields in the DeFi markets as @DegenSpartan mentions below. Nonetheless, we believe that a new bull cycle is a matter of time, and that the current cycle provides an excellent opportunity and window to be increasingly risk-on with time.
The arbitrage between VC’s private market and crypto’s public market is thinning and, as such, interesting market dynamics are creating compelling opportunities for public market buyers. Peak euphoria provides the opportunity for the world to dream about the future. Rock-bottom despair forces practicality and clarity. This is the perfect opportunity to prepare for the next crypto bull cycle!
https://twitter.com/DegenSpartan/status/1551839239188672512
Total Crypto Market Cap: $1.127T (+22.36%)
DeFi TVL: $89.18B (+22.93%)
Stablecoins: $153.37B (+5.88%)