2 years ago
PRESS RELEASE. Flynt Finance, the cryptocurrency fiscal services institution based successful Singapore co-founded by erstwhile derivatives speech operators and analysts, launched a level for crypto structured products past week. The comparatively precocious returns (up to 50% APY) connected Flynt has gained beardown involvement from crypto output enthusiasts, particularly during the carnivore marketplace wherever volatility is harder to travel by.
Cryptocurrency markets are often thought of arsenic the go-to spot for high-risk high-return owed to the volatile terms movements. Managing hazard for specified assets tin beryllium complex, particularly for those that bash not person a fiscal background.
A fashionable mode to hedge is to usage options by entering into positions other to existent plus holding. For example, holding spot bitcoin and buying a enactment enactment erstwhile you expect immoderate downward terms action. Although inactive a nascent tract compared to perpetual futures, crypto options are a large mode to hedge your volatile positions some during times of chop and beardown trends.
There are besides assorted structured products that supply output with combined strategies of options, lending, and futures. One of the simplest and astir fashionable structured products is the covered telephone strategy oregon a currency covered enactment strategy. Even the legendary Warren Buffet has famously utilized this to gain premiums connected Coca-Cola stocks.
Since 2021 determination has been a unreserved to connection covered telephone strategies connected assorted cryptocurrencies for the yield-hungry crypto investors. These strategies person been increasing rapidly since their inception and person held up amazingly good during the much caller downturn.
After rigorous probe and backtesting assorted strategies, the squad astatine Flynt decided to motorboat their precise ain structured merchandise strategy, the “BTC Covered Call Strategy x5”. This strategy sells telephone options connected a play ground and reinvests the premium earned into the pursuing week. Based connected the afloat 3-year acceptable of trading information from Deribit (a starring cryptocurrency options platform), the squad derived a proprietary onslaught terms enactment algorithm that maximizes returns and minimizes the accidental of taking a loss. A cardinal differentiator for Flynt’s merchandise is its usage of leverage. Flynt uses up to 5 times leverage connected their strategies to some summation the returns arsenic good arsenic alteration the accidental of taking a nonaccomplishment by selecting a further OTM onslaught price. According to their backtests, this resulted successful an mean APR of 47%(including losses) compared to the manufacture mean of astir 15%(not including losses).
David Seo, CEO of Flynt Finance mentions that “for astir people, a non-leveraged covered telephone strategy should beryllium conscionable fine, but for those that would similar to instrumentality much hazard for higher returns should decidedly springiness Flynt a try. Through Flynt, we purpose to supply entree to crypto concern strategies for a assortment of hazard profiles.”
About Flynt Finance and the Team
Flynt Finance is simply a one-stop plus absorption level that provides structured products connected cryptocurrencies. The squad is made up of blockchain OGs that person acquisition delivering a wide scope of services including cryptocurrency exchanges, blockchain protocols, and dApps unneurotic since 2015. Flynt’s CEO, David Seo was the COO of a starring South Korean exchange, and Victor Park, the CTO has been gathering robust banal and cryptocurrency trading platforms for the past 20 years. Other halfway members person extended acquisition successful assorted fields including fiscal large information modeling, plus custody services, derivatives trading, and trading structured products.
Flynt’s squad began the caller inaugural with a bold ngo to supply fiscal state to everyone careless of geography, technology, and privilege.
To guarantee transparent connection to the clients connected however the deposited funds are used, each strategy executed by the squad tin beryllium recovered connected Flynt’s website successful detail.
Currently providing bitcoin covered-call strategies that make up to 50% APY, Flynt plans to proceed to conscionable the needs of the ever-evolving crypto capitalist done innovative products.
This is simply a property release. Readers should bash their ain owed diligence earlier taking immoderate actions related to the promoted institution oregon immoderate of its affiliates oregon services. Bitcoin.com is not responsible, straight oregon indirectly, for immoderate harm oregon nonaccomplishment caused oregon alleged to beryllium caused by oregon successful transportation with the usage of oregon reliance connected immoderate content, goods oregon services mentioned successful the property release.
English (US) 