What Is PEAKDEFI (PEAK)?
PEAKDEFI (PEAK) is a decentralized asset management fund created to grow users' wealth. The desire of every user is simple: maximum return. Most users want to enjoy the monthly growth of their money. PEAKDEFI plans to be one global fund for all, transparent to all, and governed by all, to reach the markets' peak. The vision of PEAKDEFI is to enable everybody on the planet to grow their wealth, no matter what position they are in. PEAKDEFI aims to provide a decentralized funding gateway that is easy to use and accessible for millions of people to shape their future.
As per its whitepaper, traditional systems are usually somehow involved in any financial matter. While the current financial system contributed a lot to human evolution, it is still a regime with many flaws, like all systems built on trust. The traditional market faces issues like :
High costs & slow transactions
Lack of Trust
Global Inequality
There are issues of the funding market that users face. The main factors for users are:
Delivering the capital
Getting the highest return
Avoiding too much risk
Choosing the right assets or people is not a user's job. But in traditional markets, it's exactly that way. The users are usually overwhelmed by the vast amount of possibilities.
While current DeFi projects in the funding area are trying to get traditional funding solutions and asset management on the blockchain, PEAKDEFI went further by building PEAKDEFI Fund. The PEAKDEFI Fund is a global fund managed by many managers in a decentralized and smart way to get the optimum outcome.
PEAK is the token behind PEAKDEFI and fuels the platform. PEAK is an ERC-20 token built on the Ethereum blockchain as the platform PEAKDEFI itself. PEAK token is for:
Managing assets as a trader.
Rewarding liquidity providers.
Incentivizing the community growth through the rewards system.
Stimulating the fund through protection staking.
Compensating development of the platform.
History of PEAKDEFI
Each member of the PEAKDEFI team has ample experience in the blockchain technology sector. Sergej Heck founded PEAKDEFI in 2020. Sergej is a successful author, global marketing expert, and blockchain entrepreneur.