Monthly Realised APR: 26.49%
Expected APR:* 49.32%
Figure 1 - Portfolio decomposition by strategies deployed
Figure 1 - Portfolio decomposition by strategies deployed
<aside> 📌 SumCap achieves high performance in long term strategies. The returns displayed are lowballed given the longevity we aim for. Some strategies enjoy price appreciation others are based on product launches, hence an accurate annual percentage return is difficult to determine.
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Gm fellow degens, second month of DeFi investments on our books. Despite the harsh bear market of 15th to the 28th of November, crops have been in rotation. In fact, with the launch of a new EVM chain every other day, the CT's attention span as become lower than a 5-year-old's, hooked to TikTok. The good ol' value investing for yield farming is long gone which means the $\alpha$-strategies come from the depths of the crypto rabbit hole. As always, with great power comes great responsibility and at SumCap we strive to deliver results regardless of bad weather. If even Kevin O'Leary is staking his USDC on boring and low yield Circle products, what's stopping you from comfortably enjoying above market rates with us?
To suit up our firm, we are pleased to share our LinkedIn page. As part of this launch, we are also sharing with our prestigious clients through their preferred way, either Telegram or e-mail, the financial statement of their positions. Now they can track their hard-earned capital's performance on a monthly basis. A fully automated dashboard is expected to be released in the coming months, with up-to-date tracking.
On the 21st of November the Celo team disclosed a vulnerability on their Optics bridge, the smart contract that connected Ethereum assets to the Celo ecosystem. This comment was shared on their blog:
"The Optics bridge is working. We do not believe funds in the bridge are currently at risk. Neither the Ethereum nor Celo networks are impacted."