XHC - Hedge Coin
Welcome to the first project which generate yield regardless of the market conditions by utilizing hedge funds strategies. What is XHC ?XHC is equity type token. By owning it, 91% of the profit generated by the assets managed by Hedge Coin Token Foundation goes back to you, the token owners, through burning coins directly from the market.
It was created in ERC-20 format (
https://etherscan.io/token/0xF51f3d7FBa6181837fBFc09733E46cFE88A736FE). Hard cap for ICO is limited to 10.000.000 XHC and ICO ends at 10:00 PM 22nd of February 2020 (UTC time).
What is Hedge Coin Token Foundation (HCTF) ?HCTF is an entity responsible to run the project. The main goal of the foundation is to successively increase the value of the XHC token and act on its benefits. This will be achieved by developing the project in a substantive manner (new investment strategies) or other solutions generating the best possible yield for the investors (e.g. by creating specialized software).
How does it work ? / What is performance of those solutions ? / How about competition ? To get better understanding about "where is yield comming from?", please read white paper (page 3-5). (For advanced investors more informations can be found here:
https://www.investopedia.com/articles/investing/111313/multiple-strategies-hedge-funds.asp#longshort-equity).
Solutions have been tested for over 7 months and during that time generated 24,13% return. 91% of that amount would be used to acquire XHC tokens on open market. To put it into perspective, if XHC's market capitalization would be 1000 BTC, 219,5 BTC would be used to obtain and burn it.
There is no such product as XHC publicly available on the market therefore exact comparision is not possible. Performance based comparision on Stable Coins equity (USDT/DAI/USDC etc.) is most suitable. Such companies as: Nexo.io, Ethlend.io, Oasis.app, Crypto.com, Invictuscapital.com, Blockfi.com, Fulctrum.trade can offer up to 8-12%/year (often with some strings attached of buying native token or freezing equity for some time). Full comparision vs competition can be found in white paper (page 7-8).
Where Can I find more informations about... ?Let's make XHC great together ! :-)
OK, I read the white paper. And I have questions. I already read how market makers work, so I want to know how the profit will behave when the secondary asset draws down (If we consider profit in BTC, then this is the growth of BTC relative to USDT, and if in USDT, then when BTC drawdown respectively). After all, it is no secret to anyone that in order to carry out such transactions, you need to have not only the underlying asset, but also some other asset so that you can conduct tenders. What strategies will your “hedge fund” conduct in order to cover a possible loss and whether it will do anything to solve this problem.