Hotpot Fund V2 Weekly Report NO.29
Welcome to the 29 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.
№9.20-№9.26
Revenue Performance （Last week）
Affected by factors such as the Evergrande Real Estate Group’s thunderstorms, SEC regulatory policies, and National Development and Reform Commission restrictions, the currency price continued to fall last week. The Hotpot Fund maintains the total return of the three funds at a positive value by virtue of continuously increasing fee income and relatively stable investment targets under this severe situation.
Many users have questions, “How will this policy affect the hot pot fund platform itself?”
On the one hand, the local currency and investment target of the fund pool selected by the hot pot fund are all through the bulls and bears, which are tested by the market; on the other hand, the Hotpot Fund is essentially a simplified entry for helping users to invest in Uniswap V3, and the user’s funds are not on the platform but on the chain,which is fully compliant. The Hotpot Fund will not have any volatility and impact due to this policy, so don’t worry about it.
Operation Section
Last Wednesday, many users had questions in the community about “how to use smart contracts to withdraw funds invested in the Hotpot Fund ”. In order to further confirm the core features of Hotpot Fund supporting everyone’s “storage and access”, our team intimately gave a video operation tutorial last Friday, which fundamentally eliminated investors’ doubts about the safety of funds.
Last Thursday, the official announced the rules for the first phase of the “Hundred Days Mining” activity of the Hotpot Fund. Detailed introductions were given from the release rules of HPT, the distribution of HPT in the fund pool, to the calculation method of income, etc. At 8 am Beijing time (0 am UTC) on September 29, 100 days of mining, unlimited profits, so stay tuned!
Even though the market environment is tight, it adds another experience to the Hotpot Fund that has safely passed through the “black swan” incident. Time will prove that everyone made a correct and excellent choice!
Technology sector
The research and development of the “mining” section of the Hot Pot Fund has entered the testing phase and is expected to be officially launched at 8 am this Wednesday (September 29).
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