Hotpot Fund V2 34th Weekly Report
Welcome to the 34 th weekly report of the Hotpot Fund. We will continue to output the project’s operation and technology development progress for you, hoping to help you understand the first-hand market dynamics and better Defi investment decisions.
Conotent: November 1 to November 7
Revenue Performance （Last week）
As of last Friday, the total present value of theHotpot Fund is $1160,931.87 for users to earn a total income of $252,859.29 with a return rate of 27.85%. Since July 19, theHotpot Fund has earned a total of $180,213.69 in fee income for users, which is quite impressive!
It is worth noting that last week, there was a certain degree of retracement in the ETH price, so the transaction gas fee has been reduced. This is a good time for investors to enter the market. Have you seized the opportunity to enter the Hotpot Fund?
Operation Section
TheHotpot Fund team has been online since the end of February this year and has always adhered to the principle of “low-key work and deep technology research” to make products.
Just last Monday, mainstream financial media took the initiative to include and report the official news of theHotpot Fund platform. The strategic investment cooperation and innovative model ofHotpot Fund and EMO Capital quickly attracted the attention of a large number of users.
In addition, Daling, a member of the well-known blockchain evaluation alliance, conducted a professional test on theHotpot Fund platform last week and spoke highly of it!
Most of the community users have varying degrees of doubts about gas accounting. Let’s focus on solving everyone’s problems.
In theory, every operation on the Ethereum blockchain consumes the corresponding amount of gas. For example, it costs 3 gas to add two numbers; 400 gas to get the account balance; at least 21,000 gas to send a transaction. Suppose a user wants to perform a simple transfer operation. At this time, the ETH price is $4000 and the gas price is displayed as 42gwei. What is the gas fee? Look at the picture below to answer questions at a glance:
It is worth noting that a set of smart contracts usually includes multiple operations, which together can even cost hundreds of thousands of gas. Therefore, it is very costly for a single user to do LP in Uni v3 for investment and position adjustment. TheHotpot Fund can not only earn sweet income for users steadily, but also save a considerable amount of gas fee for users!
Technology sector
The Arbitrum development work of theHotpot Fund is still in its infancy. The team will announce the timetable in the community as soon as possible, so stay tuned!
In the Hotpot Fund,let the professionals handle professional issues.
Email：hpt@hotpot.fund
Twitter ：https://twitter.com/hpt_fund
Medium ：https://hotpot-fund.medium.com/
Facebook: https://www.facebook.com/Hot-Pot-Funds-102471918740944
YouTube：https://www.youtube.com/channel/UCM1MLg4QROH7JIob141TucA
