Hi, all Hotpot fans:
Welcome to the 23th 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.
Revenue data （Monday）
Revenue Performance （Last week）
The Hotpot Fund income data was positive last week. As of last Friday, the net value of the hot pot fund $697075 has increased by 3.4% year-on-year, and a total of $97388 has been earned for users. The rate of return has risen to 16.24%. The fee income accounted for 25% of the total income.
A new wave of bull market is coming, get ready！
The Hotpot Fund V2 version has been recognized by many people since it was launched online at the end of July. However, some users still have two questions:
Question one, how to ensure the security of the principal? Second, can Defi players also get started quickly and invest in hot pot funds?
As we all know, smart contracts are very popular in the blockchain field. Its core meaning is that it defines all the logic rules in the entire transaction process and the code cannot be modified after it is released.
As far as users are concerned, the assets deposited in the Hotpot Fund are placed in smart contracts and not in personal accounts. No one but the user can embezzle them. This is the source of security for funds.
It is undeniable that smart contracts also have security risks. We use the following methods to strengthen the security of the contract:
1. The contract must be strictly audited by a well-known security company;
2. The Hotpot Fund only invests in Uniswap because its own security has been verified;
3. Authority division: Fund managers can only make investment portfolios in designated trusted tokens and do not have the right to adjust trusted tokens.
The second point is that many people are not Defi players and worry that hot pot funds have high operational requirements. In fact, the hot pot fund is tailor-made for users who are interested in Defi projects but lack professional knowledge.
Users only need to hold any one of the 3 digital currencies, ETH, USDC, and USDT, and the investment can be completed by simple “deposit” and “withdraw” in the hot pot fund.
The specific operation process is as follows:
1. Open any decentralized wallet supported by Ethereum
2. Enter the address in the search bar: hotpot.fund
3. Choose Hotpot Fund V2 in the product section of the homepage
4. The linked wallet currently can choose to invest in usdt, usdc, eth, and support users to deposit and withdraw at any time.
“Why don’t I hold coins but invest in hot pot funds?” There are many users who ask this question. From a technical point of view, the logic of holding coins and hot pot funds earning income is completely different.
The former is to quickly buy low in a short-term volatile market. Selling high, we mainly value long-term and continuous liquidity gains (that is, handling fees).
The two methods are different. We don’t make a conclusion about which is better or worse. Here we only borrow an article “Pascal’s Bet” shared by the founder of Hotpot Fund on Friday to clarify our purpose: to find certainty in an uncertain environment. Sexual benefits.
We also hope that with the passage of time, Hotpot Fund can let more people understand its charm with its real revenue data performance!
The technical team recently conducted in-depth research on Uniswap V3 liquidity investment strategy.
Hotpot Fund：Let the professionals handle professional issues！Please contact us for more details.