What is PEAKDEFI?

PEAKDEFI is a decentralized finance (DeFi) ecosystem that strives to connect users and asset managers for potential asset growth. Launched in 2019 by an international team based in Dubai, UAE, PEAKDEFI's ecosystem is built around the PEAK token. The ecosystem consists of three main components: the PEAKDEFI fund, the PEAKDEFI wallet app, and MarketPeak. The PEAKDEFI fund is a decentralized and permissionless asset management fund, while the PEAKDEFI wallet app is a tool for managing decentralized finances. MarketPeak, on the other hand, is an education and software platform that seeks to help non-crypto advanced users understand crypto and DeFi better.

How does PEAKDEFI work?

PEAKDEFI operates through its three main components. The PEAKDEFI fund is a decentralized asset management fund that strives to connect users and asset managers. It operates without the need for third-party facilitators, making it a truly decentralized platform. The PEAKDEFI wallet app, launched for iOS and Android, allows users to create and import an Ethereum wallet and has an integrated decentralized exchange (DEX). It is non-custodial, meaning only users have access to their keys. Lastly, MarketPeak is an education and software platform that provides resources for non-crypto advanced users to better understand crypto and DeFi.

What are the potential use cases for PEAKDEFI?

PEAKDEFI has several potential use cases, primarily centered around decentralized finance. Its fund serves as a platform for users and asset managers to grow their assets. The PEAKDEFI wallet app provides a tool for managing decentralized finances, including the creation and importation of an Ethereum wallet and access to a decentralized exchange. MarketPeak, the education and software platform, can be used by non-crypto advanced users to gain a better understanding of crypto and DeFi, potentially leading to more informed decisions and greater participation in the crypto space.

What is the history of PEAKDEFI?

PEAKDEFI was launched in 2019 by an international team based in Dubai, UAE. The team sought to create a DeFi ecosystem and educate their community about it. The PEAK token, the utility token of the ecosystem, was introduced as part of this initiative. The PEAKDEFI fund, a decentralized and permissionless asset management fund, was launched in November 2020 after being audited by Quantstamp. The PEAKDEFI wallet app was launched for iOS and Android in August 2020. MarketPeak, the education and software platform, was also part of the initial launch, focusing on helping non-crypto advanced users understand crypto and DeFi better.