Hotpot Fund & Emo Capital Meeting in Shanghai, China !

Surrounding activities with new achievements, new achievements, new trends, new ideas, and new landings as the core topics of the blockchain industry are also underway with the recent “Wanxiang Blockchain Week” in Shanghai. Hotpot Fund, as an emerging force in the Defi field, was invited to participate in the industry cocktail party hosted by Yimo Capital.

The founder Richard Du, as a guest sharing guest, conducted in-depth exchanges with hundreds of on-site users on the “Hotpot fund” project, and presented the vital value of the centralized fund platform with the historical real data of the platform.

The organizer of the “Hotpot Fund Shanghai Meeting”-Emo Capital is one of the earliest teams in the traditional financial field to issue and manage digital asset investment and is also the lead investment institution for the Hotpot fund angel round.

Emo Capital is a professional investment institution focusing on blockchain and digital assets, advocating the investment philosophy of co-creation and win-win, focusing on the early value mining of blockchain and digital assets. Emo Capital officially reached an in-depth partnership with Hotpot Fund in September this year!

This event aims to promote the sharing and win-win situation of the blockchain industry, bringing together ace projects from different tracks such as distributed storage, Defi, and Metaverse. As the exclusive representative of the Defi field, Hotpot Fund, together with Fly Cloud, Fido, FindData, X Protocol and other projects, brought a multi-dimensional audio-visual feast to on-site users, which officially began at 6:40 pm on October 26.

Richard Du, as a guest sharing guest of the Hotpot Fund, gave an on-stage speech after the host’s enthusiastic opening. He fully demonstrated the project’s growth path from the four sections of historical achievements, V2 features, safety, and income. Adhering to the simple style of taking data, telling facts, cite cases, and discussing strategies, it presents the development outlook of the project.

Hotpot Fund V1 was launched in February this year to the iteration of version V2 in July. In just 4 months, TVL exceeded $110w, and the fee income exceeded $11w, which truly realized the deterministic benefits of crossing bulls and bears for users.

“Uniswap V3’s professional market maker” is Richard Du’s precise definition of the platform’s role. The characteristic of “focusing on liquidity” makes LP market-making more difficult as Uniswap migrates to V3.

On the one hand, it is necessary to professionally judge whether to adjust the position when the price is out of the range; on the other hand, every adjustment of the position implies a transaction loss. With its mature products and convenient operation, Hotpot Fund V2 quickly solved the pain points of individual users, and quickly accumulated loyal fans in the industry.

What is gratifying is that this Shanghai station offline exchange meeting also saw a lot of familiar faces, many of whom were friends at the Hangzhou meeting in July this year. Their recognition in action undoubtedly gave the Hotpot Fund stronger confidence!

At the event site, Richard Du focused on sharing the security and benefits of the platform with everyone, hoping to provide users with confidence in participation from the security level, and at the same time realize the wishes of users with sweet benefits.

(1) Hopot security

On the one hand, the code of the Hotpot Fund is open source and has been tested by multiple rounds of security audits. Not only that, the Hotpot fund has been operating safely on Ethereum for more than half a year, and has experienced multiple tests in the market both in terms of data realization and user experience.

On the other hand, the user’s funds are always controlled by their own wallet and can be deposited/withdrawn at any time without lock-up period and window period; in addition, the Hotpot fund program is all driven by smart contracts, even if the front end of the Hotpot fund is closed, the user can still use Etherscan Upgrade the smart contract to complete the withdrawal of funds.

(2) Hopot income

Since the launch of the V2 version at the end of July, the overall return rate of the Hotpot fund has exceeded 25%, and the fee income has exceeded $15w!

The user’s expected income includes fund income (income from handling fees + income from rising currency prices) and HPT income (income from mining + income from price increases). With the benign development of the platform, we also firmly believe that we can deliver more value to users in the future!

After the meeting, many users and investment institutions found Richard Du and started a private exchange and had a heated discussion about the market-making strategy on UniswapV3.

Richard Du said: Hotpot funds currently focus on “passive rebalancing” strategies, and are more willing to seek “deterministic returns” for users in volatile markets.

The sound development of a project is inseparable from the strength of the platform itself, but also depends on the development trend of the policy environment and industry technology. Under the premise that the domestic form of “9.24” is extremely unclear, the Hotpot fund relied on the real and unchangeable data on the chain to give all users a satisfactory answer.

The Hotpot Fund expects to have more in-depth exchanges with domestic and foreign industries on the trend, applications and opinions of blockchain technology. We firmly believe that the next bull market is coming, and the dawn of dawn will restart!