# PEAKDEFI Overview PEAKDEFI, the DeFi ecosystem to grow your wealth. PEAKDEFI is a self-funded DeFi hub that aims to grow your wealth. We are an established ecosystem starting in 2020 with two core pillars: {% content-ref url="/pages/W7kPCUusdMb59ROXfTHG" %} [Launchpad Intro](/for-investors/launchpad-intro) {% endcontent-ref %} {% content-ref url="/pages/uyaPSEoZf0GhuaHbMPU1" %} [Yield Fund (PDYF) Intro](/peakdefi-yield-fund-inactive/yield-fund-pdyf-intro) {% endcontent-ref %} Our vision is to maximize your wealth through community-driven governance, innovation, and funding mechanisms. Depending on your risk tolerance, there is something for every investor: Whether you would like to stake your PEAK tokens, become a fund manager, receive commissions as an affiliate, or you would like to chase the next crypto unicorns on our launchpad Why us? The team behind PEAKDEFI has years of experience in the field of developing and launching startups in the blockchain industry and always ensures smooth and easy-to-use execution of all of your DeFi businesses. In any case, we know one thing: **This was just the beginning!** ### **Quickstart** {% content-ref url="/pages/8p5m5EHLmOEt57oPzPHS" %} [Introduction](/promotion-protocol/introduction) {% endcontent-ref %} {% content-ref url="/pages/cfpJRkrG15bH5RcjM1ua" %} [Governance Intro](/governance/governance-intro) {% endcontent-ref %} {% content-ref url="/pages/-MO5bzLm4oiphN8FRQZ\_" %} [PEAKDEFI Smart Contracts](/contracts/contracts) {% endcontent-ref %} # Launchpad Intro We are a multichain launchpad to connect brand-new fundraising projects and investors looking for high-quality startups and projects with outstanding ROI potential, which strives for: * **Highest quality standards:** Our projects go through a 5-stage due diligence before they get listed to ensure just the best projects on the market get launched on our platform. * **Fairness:** We provide guaranteed transparent allocation tiers for all potential investors to ensure every participating investor has an allocation spot. * **Community protection:** Our community is our highest good, so we are doing everything in order to protect our community. Every project that we launch must accept our refunding and community protection policies via contract. * **Skin in the game:** We only launch projects that we are also ready to invest in. We offer guaranteed funding to our projects, which means if an allocation does not sell out - we will purchase the remaining tokens and become a token holder. ## Why us? The crypto market is currently overloaded with new IDOs which makes it difficult to filter out exceptional projects with high potential returns on investment. We analyze for you all aspects of potential projects including tokenomics, the team behind the project, product-market-fit, token use cases, long-term project potential, financials, as well as the development progress. Our team combines several years of experience in developing and launching startups in the world of crypto and decentralization. We implemented all necessary processes and infrastructure to ensure a professional and smooth launchpad experience for our community. # Staking The PEAKDEFI launchpad has a staking program, that comes with two main features: ## 1. Stake $PEAK and earn a fixed APY of 20% per annum (in $PEAK) Simply stake your $PEAK and receive $PEAK. Learn more about how to stake here: {% content-ref url="/pages/iz4kQXZGPQwry5TAJIEA" %} [Stake $PEAK](/for-investors/how-to.../stake-usdpeak) {% endcontent-ref %} ## 2. Stake $PEAK in order to get allocations for our IDOs By staking $PEAK, you can access all IDOs on our lauchpad. We have implementet a tier system system that defines the size of your individual allocation of each IDO. Learn more about our tier system here: {% content-ref url="/pages/B3DmIKqdDbxTlJqXp6Hk" %} [Tier System](/for-investors/launchpad-intro/tier-system) {% endcontent-ref %} # Tier System As we at PEAKDEFI Launchpad stand for fair project launches, we created a tier system that enables everyone to get the right portion of each pools’ allocation.
We at PEAKDEFI Launchpad want to democratize access to high-quality projects and thus offer fair project launches to our community. We created a tier system that enables everyone to get the right portion of each pools’ allocation. Our tier system covers 6 different tier levels in total. We have five normal tier levels, where each user receives a guaranteed allocation for their IDO. On top of that, we have a tier 0 level, which is based on a lottery system. Once an IDO pool is opened, the pool stays open until all tickets are sold out or the pool reaches the time limit. If an allocation gets not sold out, the remaining tokens will be split between all other tiers according to their pool weights. Tier 0 is an allocation lottery system, where a user must win the lottery to receive an allocation for their desired IDO. If a user wants to participate in our Tier 0 lottery, he only needs to stake 1,000 PEAK tokens. Our integrated Chainlink Variable Random Function (VRF) selects the winning users on-chain. # Chain Agnostic Framework Our core blockchain is Binance Smart Chain (BSC). But as BSC is part of the Ethereum Virtual Machine (EVM) ecosystem, we also support other EVM chains, currently Ethereum and Polygon. ### **IDOs on the BSC network work in the following way:** 1. Users stake $PEAK on BSC network 2. We collect the USDT allocations on BSC network 3. Users claim their project tokens on BSC network ### **IDOs on Ethereum or Polygon network work a bit differently:** 1. Users stake $PEAK on BSC network 2. We collect the USDT allocations on BSC network 3. Users claim their project tokens on Ethereum or Polygon network In the future, we are aiming to make our chain agnostic framework more convenient and to seamlessly integrate the multichain experience. # Staking Referral System We have a built-in referral system, that can be used by users. To get to our staking referral program, you simply have to visit our launchpad website: {% embed url="" %} If you scroll down, you will see the following referral dashboard:
### Get started In order to get started with your first referrals, you just have to copy the referral link from the bottom right corner after connecting your wallet and then send it to your friends. Always make sure that the referral link contains your wallet address. For each referral, you will receive 10% of the amount of $PEAK tokens that will be staked using your referral link. All referrals are paid out in $PEAK tokens. ### Your Referrals You can track your referrals in your referral dashboard. There you will see the total amount of your referrals and referral rewards on the left side and on the right side you will see the claimable $PEAK amount. The amount of $PEAK that can be claimed will be updated every four hours, so in case you are wondering why you can not see any new referrals, always make sure that you have waited for one update interval. Via our claim button, you can withdraw your claimable rewards into your wallet.
### Referral Rewards History In order to be able to monitor your referrals, all referrals are visible in the following table:
This table shows the wallet address of the person using your referral link, a timestamp, and the number of your rewards. ### Referral Leaderboard Our leaderboard highlights the most active referrers and shows their nicknames, number of rewards, and referrals:
# Due Diligence Process We have a strict launchpad due diligence process in order to select and launch only the best projects. **Step One:** The first step of our due diligence process is a call where our due diligence team gets to know the founding team of the project and hears a live pitch of the project. During this call, we also clarify the first questions that might arise. **Step Two:** We request the founding to fill out our in-depth due diligence questionnaire. This questionnaire helps us to understand every detail of the project. **Step Three:** During our third step, we do a detailed project analysis. Key parameters that we are focussing on: * **Problem-Solution Fit:** Does the project solve a real problem? Is the user's pain big enough in order to look for and pay for a solution to his problem? * **Market:** How large is the projects' market? Which market share can the project gain? * **Product-Market-Fit:** Will the product be adopted? What is the product's benefit over existing solutions? * **Product/Development Stage:** Is the product already live and has it users or is it still under development or getting tested on testnet? Is there an MVP available? * **Team:** Does the founding team have significant experience in the crypto and other project-specific industries? What do their social profiles (LinkedIn, Twitter) look like? * **Competition:** What sets them apart from their competition? What makes their product better or cheaper? Will users migrate to them due to a better product? * **User Adoption/Community:** How is the activity in social channels like Twitter, Discord, or Telegram? Are users actively chatting/interacting? Are the users real users or only bots? * **Track Record:** Which progress did the project already make? Which partners got already onboarded? This can be project/industry-specific partners or crypto/token launch-related partners like VCs, launchpads, exchanges, market makers, and marketing agencies. Are these partners reliable and well-recognized by the target communities? * **Funding/Finances:** How much funds got raised to date? What is the cash-burn rate for the project - when would it run out of money? Did they calculate the right costs? How much budget will be spent on CEX listings, DEX liquidity, operational expenses, and user adoption? Does the fundraising roadmap make sense, is it realistic? * **Token:** Which role does the token have within the project's ecosystem? Does the token make sense or could it be easily replaced by other cryptos, e.g. USDC? What is the intention behind the token? What can a user do with the token, what are the utilities? Will the demand for the token increase over the short and long term? Which factors are driving the demand for the token up? * **Tokenomics:** How is the token distribution? What is the token pricing structure? Is the vesting set up correctly and in a useful way? What is the ratio between market capitalization and fully diluted value? Can the token be easily dumped by any involved party? Are there deflationary or inflationary mechanisms in place? Which impact do the tokenomics have on the market? What are the fully diluted valuations during the tokens sales and during the launch? * **Roadmap:** Which use cases are planned for the future, and can they realistically be achieved? How will the product further grow and gain more market shares? Which impact has their roadmap on the token value? * **Legal and Audits:** Where is the company registered? Are there local or global regulations for the projects' products? How is the token regulated? Can it be easily listed on CEXs? Did the project get an audit for the token and the product/platform/protocol? **Step Four:** After a careful evaluation of the above-mentioned checklist, our due diligence team hosts a launchpad committee meeting and discusses the next steps. If there are still open questions about the project, they have to be answered before any decision will be made. Once our due diligence team has the full picture and understanding of a project, we will decide how to proceed. **Step Five:** In the last step, we sort projects into three different categories: * **Rejected** * **On Hold** * **Approved** While 'rejected' and 'approved' are clear answers, 'On Hold' means that we will observe the project over the next weeks or months and expect them to either change or further work out details like their tokenomics or documentation that hold us back from launching them.\ Another reason for observing a project is that we want to test their product or see their community grow. During the observation, we help the project as advisors and provide them with best practices in order to become a successful project. {% hint style="info" %} If you are a project and want to launch on the PEAKDEFI launchpad, please use the following link for an application: {% endhint %} # Partner Program We created a partner program, which means you can interact with our launchpad by referring your favorite projects to us. If your project passed our due diligence process and will be successfully launched on our platform, we will reward you with a 10% commission from our launchpad fees.\ If you want to submit a project, please email us: {% hint style="info" %} {% endhint %} # How To... Learn how to interact with our platform via our detailed step-by-step instructions. Simply jump into the topic that you need help with: {% content-ref url="/pages/kTruOkJDDEYMWt3WiFGi" %} [Get $PEAK](/for-investors/how-to.../get-usdpeak) {% endcontent-ref %} {% content-ref url="/pages/iz4kQXZGPQwry5TAJIEA" %} [Stake $PEAK](/for-investors/how-to.../stake-usdpeak) {% endcontent-ref %} {% content-ref url="/pages/kdmRqV3sjJ3XSlN3t4Ov" %} [Participate in IDOs](/for-investors/how-to.../participate-in-idos) {% endcontent-ref %} {% content-ref url="/pages/41RLlX0meUMcsT4Vn2g6" %} [Unstake $PEAK](/for-investors/how-to.../unstake-usdpeak) {% endcontent-ref %} # Get $PEAK If you don't have PEAK tokens yet, you can easily get them via an exchange of your choice: MEXC Global, Bibox, Pancakeswap, Uniswap, Hitbtc and many more. A current overview of all pairs and exchanges can be found at: {% embed url="" %} It is important to note that you need your PEAK token on the Binance Smart Chain network, as our launchpad is aligned for the Binance Smart Chain. ### Direct links to exchanges, where you can buy $PEAK: {% embed url="" %} {% embed url="" %} {% embed url="" %} {% embed url="" %} # Stake $PEAK The basic requirements if you want to stake PEAK on our launchpad are: * Make sure, that you have enough $PEAK tokens in your wallet. If you don't have any $PEAK tokens, learn how to get them here: {% content-ref url="/pages/kTruOkJDDEYMWt3WiFGi" %} [Get $PEAK](/for-investors/how-to.../get-usdpeak) {% endcontent-ref %} * You have a MetaMask wallet installed in your browser where you hold the PEAK tokens (If you don't have one yet, you can easily download it as an extension on Google Chrome/Firefox or as an app on iOS/Android. Here, you can install the Metamask Chrome Extension for Google Chrome: . After that, you can directly set up your new Metamask Wallet). As a second option you can also connect a wallet via the the WalletConnect software. * Visit [https://launchpad.peakdefi.com](https://launchpad.peakdefi.com/) (Always make sure you have the right URL! Open the website from the browser where you installed your wallet). * Connect your wallet to our launchpad by clicking on 'Connect Wallet' in the upper right corner. Since Phantom is EVM-compatible, a pop-up from Phantom Wallet has often popped up asking whether you would like to use your Phantom or MetaMask wallet, but our launchpad currently only supports MetaMask! Therefore, please always choose MetaMask! If your Phantom Wallet automatically connects to the website, you can change the automatic connection in the settings of your Phantom Wallet.
* Set the right network. Our launchpad is running on the Binance Smart Chain network, so you need to switch to the right network to be able to interact. (If you haven't set up the Binance Smart Chain yet, you can follow these instructions to set it up for Metamask: ) * Have some BNB in your wallet to be able to pay the transaction fees on our launchpad. For the beginning, it is enough if you have e.g. $30 in BNB tokens! (A current overview of all pairs and exchanges for BNB can be found at: [https://coinmarketcap.com/currencies/bnb/markets](https://coinmarketcap.com/currencies/bnb/markets/)) If you have fulfilled all five requirements, I will now explain to you how you can easily stake your PEAK Tokens to receive 20% APY and receive IDO pool allocations for upcoming projects (Your IDO pool allocation depends on how much PEAK tokens you stake, you can find more information about our tier levels [here](https://launchpad.peakdefi.com/tier-system).). **Step 1:** Starting from the homepage of our launchpad, click on 'Stake' at the top of the bar to enter the staking area.
**Step 2:** In the Staking area, scroll down a little until you see the 'Stake PEAK' box.
**Step 3:** Enter the amount of PEAK tokens you would like to stake in the gray field. Alternatively, you can click on the 'Max' button to have all PEAK tokens from your wallet automatically entered into the field. As a third option, you can also use the slider to specify percentage-wise how many PEAK tokens from your wallet you want to stake. If you decided how many PEAK Tokens you would like to stake, click on the blue 'Stake PEAK' button to confirm the amount of PEAK tokens.
**Step 4:** A pop-up window will open asking you to confirm that you are aware that if you have already staked PEAK tokens on our platform and are now staking new PEAK tokens, the cooldown period will start over. In principle, every time you interact with our staking smart contract, the cooldown period will start all over again (whenever you deposit new PEAK Tokens, pay out a portion, claim your PEAK rewards, etc.). This means that if you want to withdraw a portion of your PEAK tokens from the staking program, penalty fees will be applied again. Generally speaking, it takes 8 weeks until the cooldown period is over. Depending on how many weeks have passed since the last interaction, you will have to pay between 30% and 5% of your PEAK Tokens. Beyond the 8 weeks, there is no further fee unless you interact with our staking smart contract again. Besides that, if you already staked PEAK tokens, your rewards will be automatically transferred to your wallet.
**Step 5:** If you agree, click on the checkbox. After that, the 'Stake PEAK' button will change its color from gray to blue, and you can confirm everything.
**Step 6:** A pop-up window of your wallet will open, giving you an overview of your transaction. It will show you how much the expected transaction fee will be in BNB. Scroll down to see all the details.
**Step 7:** If you agree, click on the 'Confirm' button at the bottom of the pop-up window.
**Step 8:** If everything worked out (and you also had enough BNB in your wallet) a small info text will appear in the bottom left corner telling you that your transaction is pending.
**Step 9:** If everything went smoothly, you will receive two small pop-up windows. One from your wallet that the transaction has been confirmed and one from our launchpad itself. That's it! Click on 'Done'.
# Participate in IDOs ### **Quickstarts** [**Phase 1:** IDO Whitelisting](#phase-1-ido-whitelisting-1) [Phase 2: Deposit Tokens](#phase-2-deposit-tokens) [Phase 3: Claim your Allocation](#phase-3-claim-your-allocation) ### **Phase 1:** IDO Whitelisting After all the necessary requirements, such as minimum amount of PEAK token have been staked and KYC have been fulfilled by the investor, he can participate in the whitelisting phase. The start of the respective IDO whitelisting phases will be communicated early on via our social media channels. If you want to make sure that you don't miss an IDO in the future, we advise you to subscribe to our email newsletter! All IDOs that are currently in the whitelisting phase or in the sale phase can be found under the tab 'Ongoing sales' on our homepage. In the whitelisting phase you can click on the 'Ongoing sales' tab from the project you are interested in. On the IDO detail page you can click on 'Register' at the top to get whitelisted for the IDO (You will need a small amount of BNB to pay transaction fees!). That's it for the whitelisting process. Follow these step by step guide: **Step 1:** Starting from the homepage of our launchpad, scroll down until you can see the ‘Ongoing IDOs’ section.
**Step 2:** You can tell if a sale has already started by looking at the date the sale is supposed to start.
**Step 3:** Click on the IDO that caught your interest to find out more information about it on the IDO page.
**Step 4:** Once you arrived on the IDO page, you will find the most important information about the IDO in the white box at the top: Project name, token abbreviation, the most important links to the website and social media, the phase the IDO is currently in, how many tokens will be issued in the sale and when the current phase ends.
**Step 5:** If you scroll down a little on the IDO page, you will find a timeline that gives a precise overview of the respective phases in the course of the IDO. We recommend all our users to subscribe to our email newsletter and to follow us on our social media in order not to miss any IDO in the future and to always be informed about the respective IDO phases. In the following example image, we are currently in the sale phase:
**Step 6:** Below the timeline you will find more information about the sale such as TGE, vesting details and the sale contract address. In the tab next to it you can also find out more about the token itself and in the last tab the most important information about the project itself.
**Step 7:** If the project has convinced you and you want to participate in the IDO, scroll up again until you see the white box with the general IDO information.
**Step 8:** If the IDO is still in the whitelisting phase, you can still participate. Click on the 'Get Whitelisted' button.
**Step 9:** A pop-up window of your wallet will open, giving you an overview of your transaction. It will show you how much the expected transaction fee will be in BNB. Scroll down to see all the details.
**Step 10:** If you agree, click on the 'Confirm' button at the bottom of the pop-up window.
**Step 11:** Afterward, a small info text will appear in the bottom left corner telling you that your registration is pending.
**Step 12:** If everything went smoothly, you will receive two small pop-up windows. One from your wallet that the transaction has been confirmed, and one from our launchpad itself. That's it! Click on 'Done'.
**Step 13:** The 'Get Whitelisted' button should have changed to 'Whitelisted'.
### Phase 2: Deposit Tokens When the whitelisting phase is finished and the sale phase has started (you can see it on the IDO detail page in the timeline), you can deposit the amount of USDT you want to use in the IDO sale on the IDO detail page. To do this, enter the amount in the gray field above and confirm your entry by clicking the ‘Deposit’ button. A window will open in your wallet where you have to confirm the transaction, for this you need a small amount in BNB in your wallet to be able to pay the transaction fees. Once the transaction has been completed, you need to confirm your token purchase by clicking the ‘Buy tokens’ button. Metamask will open again and you will have to confirm the transaction again. After this has been completed, your job is done and you can relax until the IDO is over. Follow these steps in order to deposit your tokens: **Step 1:** When the whitelisting phase is finished and the sale phase has started (you can see it on the IDO detail page in the timeline or in the white box on top of the IDO page), you can deposit the amount of USDT you want to invest in this specific IDO sale on.
**Step 2:** To do this, enter the amount in the gray field and confirm your entry by clicking the ‘Approve’ button. You have to keep in mind that you can only specify once how many USDT you want to invest, afterwards you cannot increase with more USDT or decide to invest less.
**Step 3:** A pop-up window of your wallet will open, giving you an overview of your transaction. It will show you how much the expected transaction fee will be in BNB. If you agree, click on the 'Confirm' button at the bottom of the pop-up window.
**Step 4:** Afterward, a small info text will appear in the bottom left corner telling you that your approval transaction is pending.
**Step 5:** Now, you will receive two small pop-up windows. One from your wallet that the transaction has been confirmed and one from our launchpad itself.
**Step 6:** Now in the next step your USDT will be deposited into our Smart Contract. The number of BUSDs you specified beforehand is automatically adopted. Click on 'Deposit Tokens' to continue.
**Step 7:** A pop-up window of your wallet will open, giving you an overview of your transaction. It will show you how much the expected transaction fee will be in BNB. Scroll down to see all the details.
**Step 8:** If you agree, click on the 'Confirm' button at the bottom of the pop-up window.
**Step 9:** Wait for the transaction to be completed.
**Step 10:** Afterward, a small info text will appear in the bottom left corner telling you that your deposit transaction is pending.
**Step 11:** If everything went smoothly, you will receive two small pop-up windows. One from your wallet that the transaction has been confirmed and one from our launchpad itself. That's it! Click on 'Done'. After everything is finished, you can always see the number of USDT you have invested in the white info box at the top.
### Phase 3: Claim your Allocation Once all calculations have been completed, all tokens will be distributed and will be available to you on the Project Detail Page under 'Your allocations'. The vesting conditions of the IDO have to be considered, i.e. usually only a part of the tokens is available and the tokens will be released over time. Follow these steps to claim your allocation: **Step 1:** Once the sale phase of the IDO you participated in has ended, you can scroll down on the IDO page to find out when the token generation event is and how the vesting conditions are staggered over time.
**Step 2:** You can also find a better overview under the tab 'Your Allocations'.
**Step 3:** With the help of the table you can see when you will be able to claim percentage-wise parts of your initial investment.
**Step 4:** Once portions have been unlocked, you can claim all available tokens by clicking the blue 'Claim all available portions' button at the top.
**Step 5:** A pop-up window of your wallet will open, giving you an overview of your transaction. It will show you how much the expected transaction fee will be in BNB. Scroll down to see all the details.
**Step 6:** If you agree, click on the 'Confirm' button at the bottom of the pop-up window.
**Step 7:** Afterward, a small info text will appear in the bottom left corner telling you that your transaction is pending.
**Step 8:** Now, you will receive two small pop-up windows. One from your wallet that the transaction has been confirmed and one from our launchpad itself.
**Step 9:** At the very end, the portions you have already claimed will show the status 'Claimed' in the column on the right.
# Unstake $PEAK ### **Getting started** **Step 1:** Go to the staking subpage of our launchpad website: {% embed url="" %} **Step 2:** In the Staking area, scroll down a little until you see the 'Unstake PEAK' box.
**Step 3:** Before you unstake your $PEAK tokens, you have to consider if you have to pay a penalty fee. There are the following two scenarios: Scenario 1: You already staked your $PEAK Tokens for more than eight weeks = **NO PENALTY FEE**

In the example above, the $PEAK tokens have already been staked for eleven weeks, this means that no penalty fee will be applied.

Scenario 2: You staked your $PEAK Tokens for less than eight weeks, or you are within the eighth week = **PENALTY FEE between 5%-30%**

In the example above, the $PEAK tokens have only been staked for a few days, so the highest penalty fee of 30% will be applied.

If you stake your $PEAK Tokens for less than 8 weeks or you are within the eighth week, you will incur a penalty fee. In general, the penalty fee is a percentage that is withheld from the number of $PEAK tokens you wish to withdraw. The shorter the period, the higher the fee. This mechanism is intended to reward long-term $PEAK token holders and to punish short-term $PEAK token holders who have e.g. only staked in order to participate in one specific IDO. The gradations are the following: * Week 1: 30% * Week 2: 30% * Week 3: 20% * Week 4: 20% * Week 5: 10% * Week 6: 10% * Week 7: 5% * Week 8: 5% **Step 4:** Now that you know whether you will have to pay a penalty fee, you can decide if you want to use option 1, 2, or 3.\ This consideration is important because every time an interaction with the smart contract is made, the penalty fee gets reset, and you have to wait eight weeks again before you can unstake or claim your $PEAK Tokens without having to pay penalty fees. **Step 5:** In the Staking area, scroll down a bit until you see the 'My earned $PEAK' box. This gives you an overview of how many rewards you have already earned by staking your $PEAK tokens on our launchpad.
### Beginning with Step 6, you have three different Options In the next paragraphs, you will learn more about the three different options. Each option starts with step 5, assuming that you have already done steps 1 to 4 in order to get started. **Jump right into one option:** * [**Option 1:** Unstake any amount of $PEAK and claim your Rewards](#option-1-unstake-any-amount-of-usdpeak-and-claim-your-rewards) * [**Option 2:** Claim your rewards, without unstaking any of your $PEAK tokens](#option-2-claim-your-rewards-without-unstaking-any-of-your-usdpeak-tokens) * [**Option 3:** Unstake all of your $PEAK tokens and claim your rewards](#option-3-unstake-all-usdpeak-and-claim-your-rewards) ### Option 1: Unstake any amount of $PEAK and claim your Rewards **Step 6:** Enter the amount of $PEAK tokens you would like to withdraw in the gray field. Alternatively, you can click on the 'Max' button to have all $PEAK tokens, which you staked before, automatically entered into the field. As a third option, you can also use the slider to specify percentage-wise how many $PEAK tokens you want to withdraw.
**Step 7:** After you decided how many $PEAK Tokens you would like to withdraw, click on the blue 'Unstake PEAK' button to confirm the amount of $PEAK tokens.
**Step 8:** A pop-up window of your wallet will open, giving you an overview of your transaction. It will show you how much the expected transaction fee will be in BNB. Scroll down to see all the details.
**Step 9:** If you agree, click on the 'Confirm' button at the bottom of the pop-up window.
**Step 10:** If everything worked out (and you also had enough BNB in your wallet) a small info text will appear in the bottom left corner telling you that your transaction is pending.
**Step 11:** If everything went smoothly, you will receive two small pop-up windows. One from your wallet that the transaction has been confirmed, and one from our launchpad itself. That's it!
### Option 2: Claim your rewards, without unstaking any of your $PEAK tokens **Step 6:** Click on the white, blue framed 'Claim rewards' button to confirm that you would like to claim your rewards.
**Step 7:** A pop-up window will open asking you to confirm that you are aware of the fact that if you would like to claim your rewards and withdraw $PEAK afterward, the cooldown period will start over. This means that if you want to claim not only your rewards but also unstake all your $PEAK from the Staking Program in general, you should not proceed but click the 'Unstake all $PEAK and claim Rewards' button (see the related instructions below for more information). Besides that, the pop-up points out that every time you interact with our staking smart contract, the cooldown period will start all over again (whenever you deposit new $PEAK Tokens, pay out a portion, claim your $PEAK rewards, etc.). This means that if you want to withdraw a portion of your $PEAK tokens from the staking program, penalty fees will be applied again. Generally speaking, it takes 8 weeks until the cooldown period is over. Depending on how many weeks have passed since the last interaction, you will have to pay between 30% and 5% of your $PEAK Tokens. Beyond the 8 weeks, there is no further fee unless you interact with our staking smart contract again. If you agree, click on the checkbox. After that the 'Claim' button will change its color from gray to blue and you can confirm everything.
**Step 8:** A pop-up window of your wallet will open, giving you an overview of your transaction. It will show you how much the expected transaction fee will be in BNB. Scroll down to see all the details.
**Step 9:** If you agree, click on the 'Confirm' button at the bottom of the pop-up window.
**Step 10:** If everything worked out (and you also had enough BNB in your wallet) a small info text will appear in the bottom left corner telling you that your transaction is pending.
**Step 11:** If everything went smoothly, you will receive two small pop-up windows. One from your wallet that the transaction has been confirmed, and one from our launchpad itself. That's it!
### Option 3: Unstake all $PEAK and claim your Rewards **Step 6:** In the Staking area, scroll down a little until you see the 'My earned $PEAK' box. This gives you an overview of how many rewards you have already earned by staking your $PEAK tokens on our launchpad.
**Step 7:** Click on the blue 'Unstake all PEAK and claim Rewards' button to confirm that you would like to withdraw all of your staked $PEAK tokens and additionally claim your rewards. Both transactions will be triggered simultaneously.
**Step 8:** A pop up window of your wallet will open giving you an overview of your transaction. It will show you how much the expected transaction fee will be in BNB. Scroll down to see all the details.
**Step 9:** If you agree, click on the 'Confirm' button at the bottom of the pop-up window.
**Step 10:** If everything worked out (and you also had enough BNB in your wallet) a small info text will appear in the bottom left corner telling you that we are withdrawing your funds.
**Step 11:** If everything went smoothly, you will receive two small pop-up windows. One from your wallet that the transaction has been confirmed, and one from our launchpad itself. That's it!
That's everything for now, depending on the option you choose, you will now hold your $PEAK tokens in your wallet. # FAQ ### 1. **Do I need to unstake/restake for each IDO?** No, you are eligible for any IDOs as long as your PEAK tokens remain staked. Depending on how many tokens you stake, you will be assigned to our tier level system. ### **2. Can I withdraw my PEAK tokens from the staking process at any time?** Once you stake your tokens, a Cooldown period begins. Generally speaking the Cooldown period is 13 weeks. However, you have the option to withdraw earlier, but with a penalty fee depending on the time which has passed since you started staking:\ \ 2 weeks - 30% \ 4 weeks - 20% \ 6 weeks - 10% \ 8 weeks - 5% \ Else - 0% \ \ Additional info: When you claim your rewards only, the cooldown period starts over! ### **3. Is there a time window for how long you need to have your tokens staked to be qualified for an IDO?** No, PEAKDEFI Launchpad does not implement a pre-IDO staking policy. ### **4. What is the difference between guaranteed tier levels and the lottery system?** Lottery Tiers only give you the chance to be able to participate in an IDO, in this process, the investors are randomly selected. In contrast to that guaranteed tier levels guarantee you an allocation calculated based on your tier level. ### **5. I already participated in an upcoming IDO with a certain amount of PEAK staked and it is still in the sale phase. If I would increase my staked PEAK token amount now and meet the requirements for the next higher tier level, would that affect my allocations in the IDO?** Upping your tier level won't affect your IDO allocation. The tier level you have whitelisted with counts for the IDO and cannot be changed afterwards. ### **6. Do I have to register for each IDO?** Yes. This way we can ensure only stakers who want to participate are considered for base allocation calculation. ### **7. Do I have an additional benefit if I stake more than required for a specific tier level, but too little to move to the next higher tier level? (e.g. 10.500 PEAK for Tier 1 (Requirement for tier level 1: 10.000 PEAK, requirement for tier level 2: 50.000 PEAK)** Generally speaking you will get higher rewards distributed from the staking process. However, in regards to the IDOs this will make no difference. Only when you meet the minimum requirement of the next higher tier level, you can benefit in the IDO process. ### **8. When will I find out about my allocation?** After the sale phase has ended, each investor can see how many tokens he was able to get on the Project Detail Page under 'Your allocations'. The amount of tokens each investor receives depends on his tier level, the number of participants in his tier level and the total amount deposited in all tier levels. ### **9. How long do I have to fund my IDO allocation?** The time can vary for each individual IDO. You can see the timeline for the whitelisting and sale phase on the IDO details page. ### **10. What can I fund my allocation with?** For now with USDT, but this might change in the future as we plan to go multi-chain. ### **11. Where can I find the token address for the project I invested in?** Generally, the official address will be shared by the respective projects. As soon as we get the information, we will also share it on the IDO details page. # Introduction ### Introduction #### The Next Evolution in Token Promotion on the Base Blockchain ## Why Promotion Protocol? * Boost Your Token’s Visibility * Engage a Global Community * Drive Sales with Performance-Based Rewards The PEAKDEFI Promotion Protocol is an innovative and dynamic platform designed to enhance token promotion on the Base blockchain. This protocol empowers cryptocurrency projects by leveraging a robust affiliate marketing system to boost visibility and drive token sales. Participating projects can define a total amount of tokens, known as the "basket," which is allocated for affiliate rewards. Affiliates, including social media influencers, generate unique links to promote the tokens. As they drive sales through their links, they earn a proportional share of the token basket. The more they sell, the larger their rewards, creating a powerful incentive for effective promotion. The PEAKDEFI Promotion Protocol simplifies the promotion process by automatically tracking sales and distributing rewards. Projects benefit from increased exposure to PEAKDEFI’s extensive community, comprising over 70,000 followers on Twitter, 21,000 YouTube subscribers, and 11,000 Telegram members. This approach ensures cost-effective marketing, as projects only reward affiliates based on actual sales performance. Whether you’re a new token looking for visibility or an established project seeking to expand, the PEAKDEFI Promotion Protocol offers a transparent, scalable, and secure solution to amplify your token’s reach and engage a motivated network of promoters. Join the PEAKDEFI ecosystem and unlock the full potential of your token promotion strategy. # Benefits ### Amplify Your Token’s Reach and Increase Sales 1. **Leverage Affiliate Marketing:**\ Reward affiliates based on their sales contributions. Benefit from a self-motivated network of promoters. 2. **Automated Distribution:**\ The protocol automatically distributes rewards to affiliates. Focus on your project while we handle the logistics. 3. **Cost-Effective Promotion:**\ Only pay for performance, ensuring efficient use of your promotion budget. Minimize upfront marketing costs. 4. **Community Visibility:**\ Get featured in front of our large and active PEAKDEFI community. Increase awareness and interest in your token. ### Real-World Example: #### See How Our Protocol Drives Results Scenario: * Project Token Basket: 100 tokens. * Affiliates: Four active promoters. * Sales Performance: * Affiliate 1 sells 2,000 tokens. * Affiliate 2 sells 2,000 tokens. * Affiliate 3 sells 3,000 tokens. * Affiliate 4 sells 3,000 tokens. #### Distribution: * The basket of 100 tokens is distributed based on sales: * Affiliate 1: 20 tokens (20% of total sales). * Affiliate 2: 20 tokens (20% of total sales). * Affiliate 3: 30 tokens (30% of total sales). * Affiliate 4: 30 tokens (30% of total sales). This proportional approach ensures that rewards are fairly allocated, incentivizing affiliates to maximize their sales efforts. # Key Features ### The PEAKDEFI Promotion Protocol Advantage #### **1. Flexibility:** * Customize your promotion terms and duration. * Choose the amount of tokens you want to allocate to the affiliate basket. #### **2. Scalability:** * Suitable for both small and large token promotions. * Grow your campaign as your project scales. #### **3. Transparency:** * Clear tracking and reporting of sales and rewards. * Affiliates and projects have full visibility into performance metrics. #### **4. Security:** * Built on the robust Base blockchain. * Ensures secure and reliable transactions and reward distributions. # How to get started ### How to Get Started: ### Simple Steps to Launch Your Promotion Campaign 1. **Register Your Project:**\ Sign up and submit your project details on the PEAKDEFI Promotion Protocol platform. 2. **Set Your Parameters:**\ Define the total token basket and promotion duration. Customize your campaign to fit your goals. 3. **Engage Affiliates:**\ Share your campaign details with potential affiliates. Encourage them to generate and use their affiliate links. 4. **Monitor and Optimize:**\ Track your campaign performance through our platform. Make adjustments to maximize your results. # Tokenomics ### Distribution:
### Utilities: * Governance * Allocation on the Peakdefi Launchpad * Commission as an affiliate * Peakdefi Yield Fund * Staking * Lottery If you would like to learn more about the $PEAK token utilities, we summarized everything in our whitepaper from page 21 to 27: # Governance Intro The PEAKDEFI protocol is governed and upgraded by PEAK token-holders, using three distinct components; the [PEAK](https://etherscan.io/address/0x630d98424efe0ea27fb1b3ab7741907dffeaad78) token, governance module ([Governor Alpha](https://etherscan.io/address/0x1a76ff40cddbf908e3289414d54f6caa85bef0a2)), and [Timelock](https://etherscan.io/address/0x5a88bcfe2ab1a5cf720438cf605314e8ed2380d3). Together, these contracts allow the community to propose, vote, and implement changes. Proposals can modify system parameters, mint / burn PEAK tokens, or add entirely new functionality to the protocol. PEAK token-holders can delegate their voting rights to themselves, or an address of their choice. Addresses delegated at least 10,000,000 PEAK can create governance proposals. When a governance proposal is created, community can cast their votes and voting weights are recorded. Voting lasts for 7 days; if a majority, and at least 40,000,000 votes are cast for the proposal, it is queued in the Timelock, and can be implemented 2 days later. In total, any change to the protocol takes at least one week. ![](/files/7u0YrJWhYQcCrJm6y8oR) ### Addresses `PEAK` token, `Timelock`, `GovernorAlpha` contracts are deployed on Ethereum network at following addresses ``` Peak Token: 0x630d98424efe0ea27fb1b3ab7741907dffeaad78 Timelock: 0x5A88Bcfe2aB1a5cF720438cF605314E8ed2380d3 GovernorAlpha: 0x1a76fF40cDDBF908E3289414d54F6CAA85beF0A2 ``` # How To... {% content-ref url="/pages/cfpJRkrG15bH5RcjM1ua" %} [Governance Intro](/governance/governance-intro) {% endcontent-ref %} {% content-ref url="/pages/G9ApYQvS8ASO3M7PTWof" %} [Process](/governance/how-to.../process) {% endcontent-ref %} {% content-ref url="/pages/w1Co1BaQLR16y2Dyz0kf" %} [Beginners Guide To Voting](/governance/how-to.../beginners-guide-to-voting) {% endcontent-ref %} {% content-ref url="/pages/OtBa87mnFIHr3Z2wkltq" %} [Glossary](/governance/how-to.../glossary) {% endcontent-ref %} {% content-ref url="/pages/Jx9aGasOk1qdhJkzIhHI" %} [References](/governance/how-to.../references) {% endcontent-ref %} # Process This document is a living document which represents the current process guidelines for developing and advancing PEAKDEFI Governance Proposals. ## Process 1. Write the code for your proposal, which will be voted on through the [Governance Dashboard](https://gov.peakdefi.com). All proposed code should be audited by a professional auditor. This auditing process may be paid or reimbursed by the community treasury. 2. Ensure that you have at least 2.5 million PEAK delegated to your address in order to submit a proposal, or find someone who has enough PEAK to meet the proposal threshold to propose on your behalf. 3. Create a topic in the Proposal Discussion category on gov.peakdefi.com titled "Governance Proposal — \[Your Title Here]" and link to any relevant Snapshot polls/discussion threads as well as the code audit report. 4. Call the propose() function of the Governor Bravo to deploy your proposal. Once the propose() function has been called, a seven day voting period will start. Ongoing discussion can take place in the gov.uniswap.org forum. If the proposal passes successfully, a two day timelock will follow before the proposed code is executed. ## Soft Governance The process described above lays out a structure for those wishing to host a formal vote around a particular issue. However, governing this system also requires a degree of "meta governance", discussions that inform the direction of and the implementation processes behind policy but which don't qualify as policy themselves. The community may discuss new ideas and strategies for governance — including changes to the three-step process outlined above — in the "Governance-Meta" category. On-chain voting is not necessary to make updates to off-chain processes. ## Governance Glossary * **PEAK:** An ERC-20 token that designates the weight of a user's voting rights. The more PEAK a user has in their wallet, the more weight their delegation or vote on a proposal holds. * **Delegation:** PEAK holders cannot vote or create proposals until they delegate their voting rights to an address. Delegation can be given to one address at a time, including the holder's own address. Note that delegation does not lock tokens; it simply adds votes to the chosen delegation address. * **Proposal:** A proposal is executable code that modifies the governance contract or treasury and how they work. In order to create a proposal, a user must have at least 0.5% (10M PEAK) of all PEAK delegated to their address. Proposals are stored in the "proposals" mapping of the Governor smart contract. All proposals are subject to a 7-day voting period. If the proposer does not maintain their vote weight balance throughout the voting period, the proposal may be canceled by anyone. * **Quorum:** In order for a vote to pass, it must achieve quorum of 2% of all PEAK (40M) voting in the affirmative. The purpose of the quorum is to ensure that the only measures that pass have adequate voter participation. * **Voting:** Users can vote for or against single proposals once they have voting rights delegated to their address. Votes can be cast while a proposal is in the "Active" state. Votes can be submitted immediately using "castVote" or submitted later with "castVoteBySig" (For more info on castVoteBySig and offline signatures, see EIP-712). If the majority of votes (and a 2% quorum of PEAK) vote for a proposal, the proposal may be queued in the Timelock. * **Voting Period:** Once a proposal has been put forward, PEAKDEFI community members will have a seven day period (the Voting Period) to cast their votes. * **Timelock:** All governance and other administrative actions are required to sit in the Timelock for a minimum of 2 days, after which they can be implemented.
# Beginners Guide To Voting This guide contains everything you need to start voting in Uniswap Governance. In order to participate you will need: * [Peak Tokens](https://etherscan.io/address/0x630d98424efe0ea27fb1b3ab7741907dffeaad78) * ETH for transaction costs * A browser with [Metamask](https://metamask.io/) installed Once a given proposal has made it through the proposal process and is ready for voting, it will appear in the PEAKDEFI [governance dashboard](https://gov.peakdefi.com) - where you can view all current and former Governance proposals. ![](/files/7EdRPU0VaBI5gsz1JXvX) If a proposal is currently live for voting, it will say `active` next to the title. Clicking the proposal will show all the necessary information, documentation, and discussion needed for a voter to make an informed decision. ![](/files/B849ROvtvF75GDb4wG0S) Once a proposal has reached the voting stage it represents real, executable code which will alter the functionality of PEAKDEFI Governance or anything under its jurisdiction - proper care should be taken to ensure that the code represented in the proposal has been audited and is found to be in good faith. ### Delegation PEAK is a tradable asset and functions like most other standard ERC20 tokens, except it has a deeper power as a voting mechanism. In order for PEAK to be used as a vote, the owner must first go through the delegation process. Delegating PEAK binds the voting power of your tokens to an address so it may be used to vote. This address could be yourself, or a trusted party who you believe will vote in the best interest of PEAKDEFI Governance. A democratic consensus, in our process called “quorum”, is determined by the percentage of PEAK tokens in favor of, or against, a proposal. 0.5% of all PEAK must be cast in favor to submit a proposal, and 2% in order to pass a vote. To delegate your PEAK tokens and enact their voting power, visit the [PEAKDEFI governance dashboard](https://gov.peakdefi.com) and click the button that says “Unlock Voting”. Once you click this button, you will see a screen that gives you the option to self delegate, or add a delegate address. If you wish to delegate your PEAK voting power to your own address, click “Self Delegate”. ![](/files/kpgh1iRPwQvX1HpDt4r3) When you click “Self Delegate”, a transaction will pop up in Metamask. If this doesn’t happen, double check that metamask is connected to gov.peakdefi.com, turn off any popup blockers, and try again. Click confirm, and once the transaction has processed, you will see that the voting dashboard homepage has changed to show the number of votes you have, and “Delegated to: Self”. If you wish to delegate your voting power to another party, choose “Add Delegate” and enter the ethereum address of your chosen voting party. ![](/files/lzSoXHcyRJwkvITkyILZ) An important note: much like voter registration in a larger democracy, for PEAK to be used in a vote it must be delegated before both the voting period and the preceding proposal period. This means if you want your vote to count, you must delegate it in anticipation of any proposal you may be interested in. ### Voting If you have successfully self delegated and there is an active proposal, you are ready to vote in PEAKDEFI Governance. To cast your vote, navigate to the proposals page and click on an active proposal. ![](/files/7EdRPU0VaBI5gsz1JXvX) After reviewing the attached details and deciding your opinion, choose “Vote For”, or “Vote Against”. ![](/files/B849ROvtvF75GDb4wG0S) Once you’ve chosen, a window will pop up allowing you to execute the vote. ![](/files/xy4MPSQy8GbBrQ5pjP2u) When you click to cast your vote, metamask will pop up asking you to confirm your transaction. Click “submit”, wait a bit, and check that the transaction has been confirmed. ![](/files/raH01UBmrOokSnEY6kAz) That’s it! Once your transaction has been confirmed, you will have cast your vote and participated in PEADEFI Governance.
# Glossary ## Glossary * **PEAK:** An ERC-20 token that designates the weight of a user's voting rights. The more PEAK a user has in their wallet, the more weight their delegation or vote on a proposal holds. * **Delegation:** PEAK holders cannot vote or create proposals until they delegate their voting rights to an address. Delegation can be given to one address at a time, including the holder's own address. Note that delegation does not lock tokens; it simply adds votes to the chosen delegation address. * **Proposal:** A proposal is executable code that modifies the governance contract or treasury and how they work. In order to create a proposal, a user must have at least 0.5% (10M PEAK) of all PEAK delegated to their address. Proposals are stored in the "proposals" mapping of the Governor smart contract. All proposals are subject to a 7-day voting period. If the proposer does not maintain their vote weight balance throughout the voting period, the proposal may be canceled by anyone. * **Quorum:** In order for a vote to pass, it must achieve quorum of 2% of all PEAK (40M) voting in the affirmative. The purpose of the quorum is to ensure that the only measures that pass have adequate voter participation. * **Voting:** Users can vote for or against single proposals once they have voting rights delegated to their address. Votes can be cast while a proposal is in the "Active" state. Votes can be submitted immediately using "castVote" or submitted later with "castVoteBySig" (For more info on castVoteBySig and offline signatures, see EIP-712). If the majority of votes (and a 2% quorum of PEAK) vote for a proposal, the proposal may be queued in the Timelock. * **Voting Period:** Once a proposal has been put forward, PEAKDEFI community members will have a seven day period (the Voting Period) to cast their votes. * **Timelock:** All governance and other administrative actions are required to sit in the Timelock for a minimum of 2 days, after which they can be implemented. # References ### Timelock The Timelock contract can modify system parameters, logic, and contracts in a 'time-delayed, opt-out' upgrade pattern. Timelock has a hard-coded minimum delay of 2 days, which is the least amount of notice possible for a governance action. Each proposed action will be published at a minimum of 2 days in the future from the time of announcement. Major upgrades, such as changing the risk system, may have up to a 30 day delay. Timelock is controlled by the governance module; pending and completed governance actions can be monitored on the Timelock Dashboard. ![](/files/7u0YrJWhYQcCrJm6y8oR) ## Key Events ### DelegateChanged ``` DelegateChanged(address indexed delegator, address indexed fromDelegate, address indexed toDelegate) ``` Emitted when an account changes its delegate. ### DelegateVotesChanged ``` DelegateVotesChanged(address indexed delegate, uint previousBalance, uint newBalance) ``` Emitted when a delegate account's vote balance changes. ### ProposalCreated ``` ProposalCreated(uint id, address proposer, address[] targets, uint[] values, string[] signatures, bytes[] calldatas, uint startBlock, uint endBlock, string description) ``` Emitted when a new proposal is created. ### VoteCast ``` VoteCast(address voter, uint proposalId, bool support, uint votes) ``` Emitted when a vote has been cast on a proposal. ### ProposalCanceled ``` ProposalCanceled(uint id) ``` Emitted when a proposal has been canceled. ### ProposalQueued ``` ProposalQueued(uint id, uint eta) ``` Emitted when a proposal has been queued in the Timelock. ### ProposalExecuted ``` ProposalExecuted(uint id) ``` Emitted when a proposal has been executed in the Timelock. ## Read-Only Functions: PEAK ### Get Current Votes ``` function getCurrentVotes(address account) returns (uint96) ``` Returns the balance of votes for an account as of the current block. | Name | Type | | | ------- | --------- | ---------------------------------------------------------------- | | account | `address` | Address of the account of which to retrieve the number of votes. | ### Get Prior Votes ``` function getPriorVotes(address account, uint blockNumber) returns (uint256) ``` Returns the prior number of votes for an account at a specific block number. The block number passed must be a finalized block or the function will revert. | Name | Type | | | ----------- | --------- | ---------------------------------------------------------------------- | | account | `address` | Address of the account of which to retrieve the prior number of votes. | | blocknumber | `uint` | The block number at which to retrieve the prior number of votes. | | | | | | unnamed | `uint256` | The number of prior votes | ## State-Changing Functions: PEAK ### Delegate ``` function delegate(address delegatee) ``` Delegate votes from the sender to the delegatee. Users can delegate to 1 address at a time, and the number of votes added to the delegatee’s vote count is equivalent to the balance of PEAK in the user’s account. Votes are delegated from the current block and onward, until the sender delegates again, or transfers their PEA. | Name | Type | | | --------- | --------- | ------------------------------------------------------------------ | | delegatee | `address` | The address to which msg.sender wishes to delegate their votes to. | ### Delegate By Signature ``` function delegateBySig(address delegatee, uint nonce, uint expiry, uint8 v, bytes32 r, bytes32 s) ``` Delegate votes from the sender to the delegatee. Users can delegate to 1 address at a time, and the number of votes added to the delegatee’s vote count is equivalent to the balance of PEAK in the user’s account. Votes are delegated from the current block and onward, until the sender delegates again, or transfers their PEAK. | Name | Type | | | --------- | --------- | ------------------------------------------------------------------------------------------------------------------- | | delegatee | `address` | The address to which msg.sender wishis to delegate their vote to | | nonce | `uint` | The contract state required to match the signature. This can be retrieved from the contract’s public nonces mapping | | expiry | `uint` | The time when the signature expires. A block timestamp in seconds since the unix epoch. | | v | `uint` | The recovery byte of the signature. | | r | `bytes32` | Half of the ECDSA signature pair. | | s | `bytes32` | Half of the ECDSA signature pair. | ## Read-Only Functions: Governor Alpha ### Quorum Votes ``` function quorumVotes() public pure returns (uint) ``` Returns the minimum number of votes required for a proposal to succeed. ### Proposal Threshold ``` function proposalThreshold() returns (uint) ``` Returns the minimum number of votes required for an account to create a proposal. ### Proposal Max Operation ``` function proposalMaxOperations() returns (uint) ``` Returns the maximum number of actions that can be included in a proposal. Actions are functions calls that will be made when a proposal succeeds and executes. ### Voting Delay ``` function votingDelay() returns (uint) ``` Returns the number of blocks to wait before voting on a proposal may begin. This value is added to the current block number when a proposal is created. ### Voting Period ``` function votingPeriod() returns (uint) ``` Returns the duration of voting on a proposal, in blocks. ### Get Actions ``` function getActions(uint proposalId) returns (uint proposalId) public view returns (address[] memory targets, uint[] memory values, string[] memory signatures, bytes[] memory calldatas) ``` Gets the actions of a selected proposal. Pass a proposal ID and get the targets, values, signatures and calldatas of that proposal. | Name | Type | | | ---------- | ------ | ------------------ | | proposalId | `uint` | ID of the proposal | Returns: * Array of addresses of contracts the proposal calls. * Array of unsigned integers the proposal uses as values. * Array of strings of the proposal’s signatures. * Array of calldata bytes of the proposal. ### Get Receipt ``` function getReceipt(uint proposalId, address voter) returns (Receipt memory) ``` Returns a proposal ballot receipt of a given voter. | Name | Type | | | ---------- | --------- | ------------------------------------------------------------ | | proposalId | `uint` | ID of the proposal in which to get a voter’s ballot receipt. | | voter | `address` | Address of the account of a proposal voter. | | | | | | Receipt | `struct` | A Receipt struct for the ballot of the voter address. | ### State ``` function state(uint proposalId) returns (ProposalState) ``` Returns enum of type ProposalState, possible types are: -Pending -Active -Canceled -Defeated -Succeeded -Queued -Expired -andExecuted | Name | Type | | | ---------- | ------ | ------------------ | | proposalId | `uint` | ID of the proposal | ## State-Changing Functions: Governor Alpha ### Propose ``` function propose(address[] memory targets, uint[] memory values, string[] memory signatures, bytes[] memory calldatas, string memory description) returns (uint) ``` Creates a Proposal to change the protocol. Proposals will be voted on by delegated voters. If there is sufficient support before the voting period ends, the proposal shall be automatically enacted. Enacted proposals are queued and executed in the Timelock contract. The sender must hold more PEAK than the current proposal threshold (proposalThreshold()) as of the immediately previous block. The proposal can have up to 10 actions (based on proposalMaxOperations()). The proposer cannot create another proposal if they currently have a pending or active proposal. It is not possible to queue two identical actions in the same block (due to a restriction in the Timelock), therefore actions in a single proposal must be unique, and unique proposals that share an identical action must be queued in different blocks. | Name | Type | | | ----------- | --------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | targets | `address` | The ordered list of target addresses for calls to be made during proposal execution. This array must be the same length as all other array parameters in this function. | | values | `uint` | The ordered list of values (i.e. msg.value) to be passed to the calls made during proposal execution. This array must be the same length as all other array parameters in this function | | signatures | `string` | The ordered list of function signatures to be passed during execution. This array must be the same length as all other array parameters in this function. | | calldatas | `bytes` | The ordered list of data to be passed to each individual function call during proposal execution. This array must be the same length as all other array parameters in this function. | | description | `string` | A human readable description of the proposal and the changes it will enact. | | | | | | Unnamed | `uint` | Returns ID of the new proposal | ### Queue ``` function queue(uint proposalId) ``` After a proposal has succeeded, any address can call the queue method to move the proposal into the Timelock queue. A proposal can only be queued if it has succeeded. | Name | Type | | | ---------- | ------ | --------------------------------- | | proposalId | `uint` | ID of a given successful proposal | ### Execute ``` function execute(uint proposalId) payable ``` After the Timelock delay period, any account may invoke the execute method to apply the changes from the proposal to the target contracts. This will invoke each of the actions described in the proposal. This function is payable so the Timelock contract can invoke payable functions that were selected in the proposal. | Name | Type | | | ---------- | ------ | --------------------------------- | | proposalId | `uint` | ID of a given successful proposal | ### Cancel ``` function queue(uint proposalId) ``` Cancel a proposal that has not yet been executed. The Guardian is the only one who may execute this unless the proposer does not maintain the delegates required to create a proposal. If the proposer does not have more delegates than the proposal threshold, anyone can cancel the proposal. | Name | Type | | | ---------- | ------ | -------------------------- | | proposalId | `uint` | ID of a proposal to cancel | ### Cast Vote ``` function castVote(uint proposalId, bool support) ``` Cast a vote on a proposal. The account's voting weight is determined by it's number of delegated votes at the time the proposal becomes active. | Name | Type | | | ---------- | ------ | ------------------------------------------------------------------- | | proposalId | `uint` | ID of a given successful proposal | | support | `bool` | A boolean of true for 'yes' or false for 'no' on the proposal vote. | ### Cast Vote By Signature ``` function castVoteBySig(uint proposalId, bool support, uint8 v, bytes32 r, bytes32 s) ``` Cast a vote on a proposal. The account's voting weight is determined its number of delegated votes at the time the proposal became active. This method has the same purpose as Cast Vote, but instead enables offline signatures to participate in governance voting. For more details on how to create an offline signature, review EIP-712. | Name | Type | | | ---------- | --------- | --------------------------------------------------------------------------------------- | | proposalId | `uint` | ID of a given successful proposal | | support | `bool` | A boolean of true for 'yes' or false for 'no' on the proposal vote. | | expiry | `uint` | The time when the signature expires. A block timestamp in seconds since the unix epoch. | | v | `uint` | The recovery byte of the signature. | | r | `bytes32` | Half of the ECDSA signature pair. | | s | `bytes32` | Half of the ECDSA signature pair. |
# PEAKDEFI Smart Contracts List of PEAKDEFI deployed Blockchain-Addresses **Deployed UniswapOracle:** \ **0x8FB8b62AD979D833F450e3eDe2CebaBDeb9DDD85** **Deployed PeakStaking at** \ **0x9733f49D577dA2b6705cA173382C0e3CdFff2A48** **Deployed PeakReward at** \ **0xF8bc0856472486C20DCeEAb81d5e5980d9Fc302e** **Deployed PeakDeFiFactory at** \ **0xF8d8385b904F926c68e7e02Ec2842E7bEaf14359** **Deployed PeakDeFiFund at** \ **0x07cDB44fA1E7eCEb638c12A3451A3Dc9CE1400e4** **Deployed PeakDeFiProxy at** \ **0x9424b287c8c0deF28E96D595B1f76AeF11ef581B** **Deployed PeakStaking on Binance Smart Chain at**\ **0xe9428b8acaa6b9d7c3314d093975c291ec59a009** **Deployed NFTFund at:**\ **0xc120c7db0804ae3abeb1d5f9c9c70402347b4685**
# Yield Fund (PDYF) Intro Intelligently invest in the best market-neutral strategy, minimizing risk and maximizing returns. For investors looking to generate yield in a risk-mitigated manner, the PEAKDEFI Yield Fund is an excellent option. The fund's primary layer comprises a mix of systematic and discretionary short volatility and duration strategies, executed with solid risk management targeting 15-40% APY. The fund's focus on downside protection has enabled it to deliver consistent returns regardless of market conditions, making it an ideal choice for income-seeking investors. And with no minimum investment, the PEAKDEFI Yield Fund is accessible to a wide range of investors. **Benefit:** * Rest easy knowing your money is in good hands. * Let the experts take the stress out of investing, so you can focus on what's important to you. * Watch your portfolio grow without taking unnecessary risks. ### Live Historical Performance
| Month | PDYF | BTC | | -------: | :---: | :-----: | | Jan '22 | 1.75% | -16.78% | | Feb '22 | 1.4% | 12.25% | | Mar '22 | 2.01% | 6.1% | | Apr '22 | 2.4% | -17.71% | | May '22 | 4.5% | -15.84% | | June '22 | 3.4% | -37.18% | | July '22 | 1.2% | 16.81% | | Aug '22 | 2.75% | -14.12% | | Sep '22 | 3.9% | -1.18% | ## What is PDYF? The PEAKDEFI Yield Fund is a yield-generating token deployed across multiple market-neutral options-based strategies. We have a list of 7 different market environments, each with its unique strategy. Our quant research team determines which system to deploy in each environment. This fund targets a 15-40% return annually with a 5% or less drawdown. Investing in the PEAKDEFI Yield Fund can earn a consistent return no matter what the markets are doing. ## What are the risks associated with Options-Based Yield Farming? Options Based Yield Farming has become a popular way to generate yield in the DeFi space. However, several risks associated with this strategy need to be considered. The first risk is platform risk, as there is always the possibility that the platform on which PDYF is being conducted could fail or be hacked. This risk can be mitigated by diversifying across multiple platforms and selecting only those with robust security protocols. The second risk is liquidity risk, as the constant selling of options can lead to a lack of liquidity and high slippage. This risk can be mitigated by careful active management of position size and order execution. The third risk is market risk, as the underlying asset price could move against the position. This risk can be hedged through the use of stop-losses or by holding a reserve of collateral in case of margin calls. Understanding and actively managing these risks makes it possible to conduct PDYF safely and profitably. ## How does PDYF gain value? The PEAKDEFI Yield Fund seeks to gain value by increasing the USDC-denominated capital held within the tokenized fund, thus raising each PDYF token's Net Asset Value. As the options strategies collect premia or increase in value, it is converted to USDC and then redeployed to an additional or the same options strategy to compound the returns. The strategy is designed such that each redeployment increases the fund's exposure and, therefore, its potential for gain. The result is a fund that can provide consistently compounded returns for investors. ## How do I invest in PDYF? If you're looking to purchase PDYF, the process is quite simple. All you need is a Polygon network wallet like MetaMask and a major token like MATIC or USDC in that wallet. Head over to the investment platform, connect your wallet, then choose to convert your token of choice for PDYF. That's all there is to it! ## Why should I invest in PDYF? When it comes to earning yield in the cryptocurrency market, there is certainly no shortage of options. However, finding a reliable and consistent option is another matter entirely. Far too often, high-yield options are scams, while low-yield options don't provide enough income to justify their lock-up periods. PDYF aims to offer the best of both worlds: a high-yield savings account that provides consistent income regardless of market conditions. To achieve this, PDYF employs a risk management strategy that has been proven to work in both bull and bear markets. As a result, investors can rest assured that they will earn a healthy return on their investment regardless of what the market is doing. ## What are the fees to PDYF? On the PEAKDEFI Yield Farm, we charge a 30% performance fee accrued during your investment time. This means that if our yield farming generates a 1% yield, you will see 0.7% of gains directly in the PDYF token price. However, there is no fee to buy or sell this product other than the Polygon network transaction fee. So why do we charge this fee? Performance fees incentivize our team to continue generating high yields for our investors. In other words, it aligns our interests with yours. And because we only charge this fee on gains, it's only when our yield strategy is successful that you pay anything. ## What is the lock-up period, and why does it exist? The lock-up period for the PeakDefi Yield Fund is quarterly, allowing the fund managers to allocate capital efficiently without having to withdraw it on a whim. Money is available for withdrawal by investors on the last three days of every calendar quarter. The stability of the funds allows for more extended yield-generating events and more significant yield capture opportunities. This lock-up period helps to ensure that the fund managers can effectively and efficiently allocate capital to achieve the highest possible yield. **Selling PEAKDEFI Yield Fund is permitted on the following dates:** | From | To | Month | | :--: | :-: | --------- | | 29 | 31 | March | | 28 | 30 | June | | 28 | 30 | September | | 29 | 31 | December | # How To... ...maximize earnings and yield using PEAKDEFI. In this section, we publish how-to guides on leveraging our PEAKDEFI platform to earn yield and a passive income stream. Our how-to guides are designed for both beginners and experienced users, and cover everything from how to sign up for an account to how to maximize your earnings.\ \ We also provide step-by-step instructions on how to use our platform to earn a passive income stream. So whether you're new to PEAKDEFI or a seasoned user, check out our how-to guides section for all the latest tips and tricks.\ \ Thanks for reading, and happy earnings! {% content-ref url="/pages/Z5hv2Xhqhs4BVrrzg1I2" %} [Connect A Wallet](/peakdefi-yield-fund-inactive/how-to.../connect-a-wallet) {% endcontent-ref %} {% content-ref url="/pages/A0NCq8KMWaBGuBjeI4Iw" %} [Add the Polygon Network](/peakdefi-yield-fund-inactive/how-to.../add-the-polygon-network) {% endcontent-ref %} {% content-ref url="/pages/2WyGDalsLkRcUKYEPnYn" %} [Make a Purchase](/peakdefi-yield-fund-inactive/how-to.../make-a-purchase) {% endcontent-ref %} {% content-ref url="/pages/iYfdwCddvgeKOTr8drq2" %} [Make a Sale](/peakdefi-yield-fund-inactive/how-to.../make-a-sale) {% endcontent-ref %} {% content-ref url="/pages/Y1hSGM22vbEGDazxGaqa" %} [Refer Friends](/peakdefi-yield-fund-inactive/how-to.../refer-friends) {% endcontent-ref %} {% content-ref url="/pages/4U9DinEccWuur4f0eB8A" %} [Add Token to MetaMask](/peakdefi-yield-fund-inactive/how-to.../add-token-to-metamask) {% endcontent-ref %} {% content-ref url="/pages/Dt2pnuPRKm6eSluRhwQH" %} [View Portfolio Balance](/peakdefi-yield-fund-inactive/how-to.../view-portfolio-balance) {% endcontent-ref %} {% content-ref url="/pages/EvW0oXs75KagDvdeapVu" %} [Transfer Referral Account](/peakdefi-yield-fund-inactive/how-to.../transfer-referral-account) {% endcontent-ref %} # Connect A Wallet It's just a few simple steps to connect your new account If you want to connect your crypto wallet to the PEAKDEFI platform, it's just a few quick and easy steps away. You can connect via MetaMask, or if you're using WalletConnect, simply use the QR code. Either way, it's a quick and easy process that will give you all the benefits of the PEAKDEFI platform So why wait? Get started today and reap the rewards of being a part of this exciting new ecosystem. ### 👉 Click on "Connect Wallet" on the top right-hand side of your screen.
### 👉 Choose the connection wallet that works best for your crypto wallet.
### 👉 Select which wallet address to connect to the PEAKDEFI platform.
### 👉 Click "Connect" to finalize your connection of MetaMask to the PEAKDEFI platform.
### 👉 You have successfully connected your wallet when the "Connect Wallet" button changes to "My Account ".
### 👉 You can log out of your account by clicking "My Account" and then the Log Out button.
# Add the Polygon Network Polygon is the fastest, most secure network for decentralized applications. Polygon is a decentralized platform that provides scaling solutions for Ethereum. Polygon Network offers a wide range of features including security, low transaction fees, and fast transactions. To use our Polygon Investment Platform with MetaMask, you must add the Polygon blockchain to your wallet. This can be done by following these steps: ### 👉 Head to ### 👉 At the bottom of the webpage click "Add Polygon Network"
### 👉 **Alternatively, add a new network in your wallet extension from the drop-down**
### **Input the following:** **Network Name:** Polygon **New RPC URL:** **ChainID:** 137 **Symbol:** MATIC **Block Explorer URL:**

### **Polygon should now appear in your MetaMask networks**
# Make a Purchase Ready to invest in your future? Here's how to get started. When you're ready to purchase your first asset on the PEAKDEFI Investment Platform, there are a few key steps you'll need to follow. Following these simple steps, you can easily purchase assets on the Platform. ### 👉 Head to the product page of the asset you would like to purchase. For our example, we will use
### 👉 Connect your wallet before you can take any further action {% content-ref url="/pages/Z5hv2Xhqhs4BVrrzg1I2" %} [Connect A Wallet](/peakdefi-yield-fund-inactive/how-to.../connect-a-wallet) {% endcontent-ref %} ### 👉 Your purchase panel should now look like this - in this state you proceed to choose what asset you would like to use to make this purchase.
### 👉 Clicking on the left of the blue "Max" button presents a popup of all available exchange tokens.
### 👉 In this example, we purchase .39 PDYF in exchange for 0.3974 DAI - using our max exchange feature.
### 👉 If you have never made a token transaction on our dApp with these tokens, you will have to approve the transfer of these assets before we can sell them. To continue, click "Approve".
### 👉 In this first transaction, you are giving the yield fund platform access to your exchange asset (DAI in this example) so that we can sell it for our preferred asset PDYF.
### 👉 Once the approval has been confirmed, you can proceed with the final transaction stage, which is the exchange.
### 👉 Confirm this final transaction and your new exchange will be made!
### 👉 Your new exchange panel should reflect the value changes of selling the first asset (DAI) in exchange for receiving the second asset (PDYF).
# Make a Sale Quick and easy steps to selling your assets on PEAKDEFI. When you're ready to sell your assets on the PEAKDEFI Investment Platform, there are a few key steps you'll need to follow. Following these simple steps, you can sell your assets on the Platform quickly and easily. ### 👉 Head to the product page of the asset you would like to purchase. For our example, we will use
### 👉 Connect your wallet before you can take any further action {% content-ref url="/pages/Z5hv2Xhqhs4BVrrzg1I2" %} [Connect A Wallet](/peakdefi-yield-fund-inactive/how-to.../connect-a-wallet) {% endcontent-ref %} ### 👉 Your purchase panel should now look like this - in this state you proceed to choose what asset you would like to collect from the trade.
### 👉 Clicking on the left of the blue "Max" button presents a popup of all available exchange tokens.
### 👉 In this example, we purchase .0082 USDC in exchange for 0.7246 PEAK - using our max exchange feature.
### 👉 If you have never made a token transaction on our dApp with these tokens, you will have to approve the transfer of these assets before we can sell them. To continue, click "Approve".
### 👉 Once the approval has been confirmed, you can proceed with the final transaction stage, which is the exchange.
### 👉 Confirm this final transaction and your new exchange will be made!
### 👉 Your new exchange panel should reflect the value changes of selling the first asset (PEAK) in exchange for receiving the second asset (USDC).
# Refer Friends To earn up to 25% off your friends fees, just share your unique link. Our referral program is a great way to earn extra income. For every friend or family member you refer to our PEAKDEFI Yield Fund, you'll earn a share of their investment fees. Referral income will be calculated at the end of every quarter during the liquidity unlock phase this way, you can be sure that you're getting the most accurate payouts. So start referring today and start earning! ### 👉 Head to , and you'll be prompted to create your personal referral link if needed!
### 👉 Sign the wallet message and create your link.
### 👉 Copy the personal referral link and begin sharing it with friends to earn a share of the fees generated with their investments.
### 👉 You can now access the full referral account panel to view the next payout date, a transaction history table, and more.
# Add Token to MetaMask Fast and easy way to add new tokens to MetaMask. Adding new tokens to your MetaMask can be a bit of a hassle, but our "Add to MetaMask" buttons make it quick and easy. When you buy tokens on the PEAKDEFI platform, simply click the "Add to MetaMask" button and follow the instructions. We'll add the token contract to your MetaMask so you can start using it right away. ### 👉 **Please connect your wallet.** {% content-ref url="/pages/Z5hv2Xhqhs4BVrrzg1I2" %} [Connect A Wallet](/peakdefi-yield-fund-inactive/how-to.../connect-a-wallet) {% endcontent-ref %} ### 👉 Click the "Add to MetaMask" button.
### 👉 Click "Add Token" to add the token to your wallet.
### 👉 Now the token will be available for transactions or exchange in your MetaMask wallet.
# View Portfolio Balance It is now easier to track your investments. It's essential to keep an eye on your investments and ensure that they are performing well. One way to do this is to view your portfolio balance regularly. This will give you an overview of the performance of your investments and help you make any necessary adjustments. By tracking your portfolio balance, you can stay on top of your assets and ensure they meet your financial goals. ### 👉 Go to: ### 👉 Required - connect your wallet: {% content-ref url="/pages/Z5hv2Xhqhs4BVrrzg1I2" %} [Connect A Wallet](/peakdefi-yield-fund-inactive/how-to.../connect-a-wallet) {% endcontent-ref %}
### 👉 Your portfolio is now linked to your account! You can now track the historical balance of your portfolio.
# Transfer Referral Account If you are changing your wallet address, simply follow the steps below. If you are changing your wallet address, you may want to transfer the referral account ownership to your new address. This will allow your new address to collect all future passive income generated by your old referral link. The transfer process is simple and only takes a few minutes.
### 👉 This process ensures that you continue to receive passive income from your referrals, even if you change addresses.
### 👉 Simply log into your account, navigate to the referral section, and enter the new address in the appropriate field.
### 👉 Confirm the transfer account - and sign the request.
### 👉 Once the transfer is complete, all future payments will be sent to your new address. ### You can cancel the account transfer until the new recipient has confirmed the transfer.
## All operations should now occur in your new (recipient) account. ### 👉 Open on your new account and confirm or reject the transfer.
### 👉 The final step: Confirm the transfer on your new wallet via a signature.
Please be advised that from this point forward, your new address will use the original referral link as its link and will gain all the future passive income attached to the ownership of that referral link under fair terms and conditions. # Global Fund Intro Becoming an Investor at PEAKDEFI ## What is the PEAKDEFI Fund? The Idea of a mutual fund is basically pooling your money with the money of other investors and investing it in a portfolio of different assets. The PEAKDEFI Fund is managed by many Managers in a decentralized and smart way to get the best outcome. When you buy a Share of the PEAKDEFI Fund, your deposit is converted in PEAKDEFI Fund Shares which represent your ownership in PEAKDEFI Fund and is fully backed by a collateral in the smart contract. ![](/files/-MHp44biK0qbjJFlgPTn) ## Investment Cycle To ensure that Fund Managers have enough time to perform proper trading there are fixed Trading Cycles of 60 days where the funds are locked. While you can invest in the fund anytime you can sell your fund shares only within the **intermission phase.** This is a period of 3 days between every trading cycle where Managers are not allowed to trade and investors can sell their funds. {% hint style="info" %} A full cycle is 60 days and is divided by a 57-day trading period and a 3 day intermission phase. {% endhint %} ## Your Benefits ### You are in control of your capital All user deposits are locked in smart contracts without any third party having direct access to those funds. Peak-DeFi is non-custodial and is never taking control of any assets. It can be used directly from a wallet that you control. ### Optimized Fund Distribution It is well known that you should always diversify your risk and distribute your investment between different baskets. With PEAK DeFi the distribution of your funds adjusts itself and gets optimized automatically between the best asset managers through smart contracts. You don’t have to worry about making the right choices. ### Flexibility through short Trading Cycles In todays world, flexibility is one of the most valuable treasures. To guarantee the managers as well as the investors more flexibility there is a fixed management period of just 60 days. In this period managers can make proper trading decisions while investors can access their funds again quickly. # How To for investors... # First Steps You can either connect an existing wallet or create a new one ## Connecting to an existing wallet If you have already an Ethereum-Wallet you can connect you Wallet with PEAKDEFI by clicking on "I'm ready to connect" Link and selecting one of the provided options. ## Creating a new wallet If you don't have yet an Ethereum-Wallet or you want to create a fresh one, you find a step-by-step process process on our platform in connection with the PEAKDEFI App. Just Follow the steps by clicking on the [Invest on PEAKDEFI](https://peakdefi.com/) Button. * Download the PEAKDEFI-App and create a Wallet * Transfer ETH or any of the 70+ supported ERC-20 Token to your Wallet or buy some Token e.g. via Wyre * Click on the "I'm ready to connect" Link and Select Wallet Connect among the connect options. You will be presented with a QR code. * Open your PEAKDEFI App and tap Scan on your Assets screen at the top. * Scan the QR code. You will be prompted to authorize the Dapp in your Argent wallet. # Investing in the PeakDeFi Fund Investing in PeakDeFi is easy, fast and safe ## Buying PEAKDEFI Shares When your Wallet is connected with the PEAKDEFI platform and you have some Ethereum or any of the 70+ supported ERC-20 Token in your wallet you can easily invest in the PEAKDEFI Fund by clicking on the Buy Button in your Dashboard. Then choose the amount of shares you want to buy and the Token you want to use for purchase. Make sure to have enough Token in your wallet. After clicking on "Buy Fund Shares" you need to confirm your transaction in the app or in Metamask. As the transaction will take place on the Ethereum blockchain it can take a while until the transaction went through. You can check your Fund Balance in your Dashboard. ![](/files/-MGOnBV5ZV-RJpebqMUz) {% hint style="info" %} While you can buy PEAKDEFI Fund Shares anytime you can sell only in the [intermission phase](/for-asset-managers/overview#investment-cycle) at the end of every investment cycle. {% endhint %} {% hint style="info" %} You can also see your PEAKDEFI Fund Shares in your MetaMask Wallet. But first you have to add a new custom token by filling the form field *Token Contract Address* with 0x9424b287c8c0def28e96d595b1f76aef11ef581b {% endhint %} # Monitoring your Capital All information about your Capital Growth at a glance ## Your Investors Dashboard In your Dashboard you can see the current value of your Portfolio / Your Fund Shares. If you want to see more Details you can just click on the Fund. There you see the development of the Price Chart and different statistics like the price changes in the current cycle or the AUM. ![](/files/-MGOlmtiRwxyjbylodW0) In the Fund Details you can see the fee settings and the remaining time before you can sell your fund shares. {% hint style="info" %} You can see your whole transaction history in the transactions tab {% endhint %} # Selling Fund Shares Selling your funds is as easy as buying! ## **Selling at the end of a cycle** While you can invest every time into the fund you can only sell your shares again when a cycle ends. A full cycle is a fixed 60 days period where the funds are locked for 57 days for trading purposes followed by intermission phase of 3 days where Investors can sell (parts of) their fund shares. A cycle starts and ends for everybody on the same date, hence when you invest for instance on day 40 of the cycle your investments starts immediately and will "work" for the next 17 days until the intermission phase of 3 days starts where you can sell again. After these 3 days a new cycle begins. ## **How selling works** Click in your Dashboard on the "Sell Button" or on the fund directly and then on the "Sell" Button. The Following Interface opens: ![](/files/-MHm2D6UFhfQROBRl6la) Here you can choose the amount of Shares you want to sell and the currency / token you want to receive. You can choose between 70+ ERC-20 Token. They will then automatically be converted on a decentralized exchange and you receive your chosen currency / token in your wallet. On the right side of the interface you can see your order details. # Fees for Investors ## Commission Structure If the fund was profitable in a Cycle the Profits will be shared automatically between investors, fund managers and affiliates in the following way: * 65% of the Profits will be distributed to the investors * 15% of the Profits will be distributed to the fund managers * 20% of the Profits will be distributed to the affiliates ![](/files/-MHp1D5g7xkbCmFA0uyb) ## Management Fee After the management phase of a Cycle is over (every 60 days), a small fee of **0.1%** of the total PEAKDEFI Fund is paid to the asset Managers to handle their transaction costs. In order to providing funding for its maintenance and future development, PEAKDEFI protocol will mint **0.1 %** of PEAKDEFI Fund Shares and send them to the current development team at the end of every investment cycle. ## Deposit and Withdrawal There are no additional deposit or withdrawal fees. Only the typical blockchain transaction costs have to be paid to the blockchain network. # Staking PEAK Lock in your PEAK to receive more PEAK. The more you stake the more you get. The longer you stake the more you get. The earlier you start the more you get! Ready to stake? ## What is PEAK Staking? Besides investing in the PEAKDEFI Global Fund you can grow your Capital by Staking PEAK. At a very basic level, “staking” means locking your crypto assets for a certain period of time for a specific purpose. With regard to PEAK you'll get Rewards for decreasing the current circulating supply in the Market and stabilizing the PEAK price by locking your PEAK on the PEAKDEFI Platform. 1 Bln. are reserved for Staking Purpose. 700 Mio. PEAK are reserved for "natural" Staking Rewards, 250. Mio. PEAK the for so called [Protection Staking](/for-asset-managers/how-to-for-investors.../staking-peak#protection-staking) and 50 Mio. are reserved for [Referral Ranking Bonus](/for-asset-managers/how-to-for-investors.../referral-rewards#become-a-super-affiliate-and-earn-big-rank-bonuses). **You can earn up to 83% in natural PEAK Staking per Year!** {% hint style="info" %} While Asset Managers have to stake a specific amount of PEAK it is an optional opportunity for Investors. Affiliates on the other hand need to stake PEAK in order to receive more Referral Commission. Read more about it in the [Referral Rewards](/for-asset-managers/how-to-for-investors.../referral-rewards) section. {% endhint %} ## Your Rewards - Bigger and Longer Bonus and Early Factor The PEAK-Staking Formula depends on 3 Parameters: The Amount of PEAK to stake (Bigger Bonus), the Period of Time you are willing to lockup you PEAK (Longer Bonus) and the stage, when you start staking (Early Factor). The amount of PEAK Staked, s, can be 10 - 1,000,000 PEAK. The time the PEAK are staked for, d, can be 10 to 1,000 Days. Rewards (in %): $$ Bigger BonusYearly: B(s)= min(s/10,000,000; 0.1) $$ $$ BiggerBonusDaily: b(s) = B(s) / 365 $$ $$ LongerBonusTotal: L(d) = α \* d + β \* d \* (d + 1) / 2 $$ $$ EarlyFactor: e(w)=max((-1/700,000,000) \* w + 1; 0) $$ $$ RewardTotal = e(w) \* (L(d) + b(s) \* d) $$ * α = daily fixed factor * β = daily growing factor * d = Staking duration in Days * s = amount of Staked PEAK * w = already spent / reserved Amount of provided PEAK for Staking (max 700 Mio.) ### Bigger Bonus p.a. B(S) The Bigger Bonus p.a. B(S) is determined by the amount of PEAK that you are willing to stake (s). You can earn up to 10% on top of the regular Staking Rewards. ![](/files/-MHm7VUlYUlJmvAzGhBe) ### Longer Bonus The Longer Bonus L(d) is determined by the length of time (d) that you are willing to stake. The minimum period is 10 days, the maximum 1000 days. The longer you stake the higher your APY ( Annual Percentage Yield). Due to the daily growth factor β on top of the daily fixed factor α it is always more lucrative to stake longer in one piece (e.g. 100 days in a row) than for multiple short periods (e.g. 10 x 10 days). ![](/files/-MHm9-7jdOvIGqBMqG6X) ### Early Factor The earlier you start staking the greater your rewards. This is due to the Early Factor e(w). There is only a specific amount of available PEAK for Staking ( 700 Mio.) The staking rewards are reduced by the factor e(w) that depends on the amount of PEAK which has already been spent or is reserved. The less PEAK are remaining for Staking the less the APY (Annual Percentage Yield). ![](/files/-MKVXpgahb2kNq7Q0FVq) ## Protection Staking Coming Soon (v2) # Referral Rewards Earn a passive income by inviting new members to this amazing opportunity! ## Direct Sales Bonus - Earn Commissions when the Fund is profitable If you refer someone who invests in the PEAKDEFI Fund you will get a commission on his / her profits every time, if the fund is profitable. For instance if your referred Investor invests 1.000 USDC and the fund makes 10% profits these 100 USDC Profits will be distributed between the Investor, the Fund manager and Affiliates. You will get 10% commission on this 100 USDC Profit = 10 USD. **You can get Profits up to 8 Levels deep in your Referral Structure.** The first Level is always activated. To unlock the other 7 Levels you have to [stake a specific amount of PEAK.](/for-asset-managers/how-to-for-investors.../staking-peak) {% hint style="info" %} USDC is a Stablecoin which is pegged to the US-Dollar -> 1 USDC = 1 USD {% endhint %} {% hint style="success" %} **If you invite someone he/she will also get a reward of 3% on his/her PEAK Staking** {% endhint %} ![](/files/-MHpaaM740arWbyto0Px) {% hint style="info" %} If you refer a new Member you'll get 10% Commission on his / her Profits. If this Member refers a new User you will get 4% Commission on his / her Profits etc. {% endhint %} ## Earn commissions when others stake PEAK If you refer someone who stakes PEAK you will get an upfront commission on his / her Staking Rewards. For instance if your directly referred Member stakes 10.000 PEAK for 1 year and get's a reward of e.g. 60% = 6000 PEAK you will get a 10% commission on this reward = 600 PEAK, instantly after your referred Member starts staking. So while he / she get's the rewards distributed over the whole staking period you will get rewarded immediately. {% hint style="info" %} As in the Direct Sales Bonus Commission Structure **you will also get here commissions up to 8 Levels deep**. The same table with the same data and requirements applies here. So to unlock the other Levels you have to stake PEAK yourself. {% endhint %} ## Become a Super-Affiliate and earn Big Rank-Bonuses Besides earning great commissions on your referral's investments and staking you also collect Direct Sales Volume Points (DSV). These DSV entitle you to attain "Career Ranks" for special accomplishments. Every time you achieve a new rank you will get a One Time Bonus Distribution in PEAK. See the List below with the specific requirements for each Rank. 50 Mio. PEAK are reserverd for the Referral Ranking Bonus. ![](/files/-MN2vK57Eru_Ni0i9v_S) ### Calculation of DSV Points You will get DSV Points for every Referral up to 8 Levels deep (if unlocked). The same %-calculation applies for DSV points as in the Reward-List stated (10% first Line, 4% second line etc.). One DSV Point equals 1 USD Commission. For Instance if you get a total commission of 1000 USDC (PEAK Staking Commissions are converted in USDC at current PEAK Price) you will get 1000 DSV. ## How to become an Affiliate / Referral After your registration / connection with your wallet you are already able to refer new Members and get a commission of 10%. If you want to unlock further Levels you have to [Stake PEAK](/for-asset-managers/how-to-for-investors.../staking-peak). You find your Referral Link in your dashboard at the "Invite friends" Tab. You can also check there your current Rank Level, your Referrals Data and you can redeem your commissions by clicking the "Redeem Commission" Button ![](/files/-MHpnaCjGeuHpY0MVkS7) # FAQs for Investors ## Wallet Questions ### **What is a wallet and why do I need one?** A cryptocurrency wallet, comparable to a bank account, contains a pair of public and private cryptographic keys. The keys can be used to track ownership, receive or spend [cryptocurrencies](https://en.wikipedia.org/wiki/Cryptocurrency). A public key allows for other wallets to make payments to the wallet's address, whereas a private key enables the spending of cryptocurrency from that address. ### **Do I need an App to create a wallet?** No, you can create a wallet without an app, e.g. on myetherwallet.com. Just make sure that you own your private keys.
### **Can I use another wallet?** If you already have a wallet then you don’t have to create a new one. Just connect your wallet by clicking on “I have already a wallet” and you are ready. ## **Buying Cryptocurrency and Investing in the Fund** ### **Why do I have to buy Cryptocurrencies to invest in the** PEAKDEFI **Fund?** You invest in the PEAKDEFI Fund with cryptocurrency. You can invest with ETH or any other ERC20 token. If you don’t have any cryptocurrencies yet, you have to buy some first in order to invest in the PEAKDEFI Fund. If you have already ERC20 Tokens in your wallet, you can directly connect with your wallet and are ready to invest. ### **Can I invest in** PEAKDEFI **with Fiat Money?** You can use “Wyre” to buy cryptocurrencies and then invest in PEAKDEFI with the bought crypto. Just make sure you purchase ETH or any ERC20 Token. ### **Can I use another option to buy Cryptocurrencies?** Wyre is just an option. You can use any other service to purchase cryptocurrencies. ### **I already have Cryptos in my Wallet, do I still have to buy some?** If you have already ETH or ERC20 Tokens in your wallet then you can just connect this wallet with our platform and are ready to invest. ### **Do I have to pay fees when buying Cryptos?** It depends on the service provider you use. Usually there is a transaction fee, in Ethereum called Gas fee, that you have to pay for the transaction to get through on the blockchain. The service provider can put on top an additional fee for its service. ## **Connecting your Wallet with** PEAKDEFI ### **I can’t connect my wallet, what can I do?** If you can’t connect your wallet on the PEAKDEFI platform check the app that you are using for the connection, e.g. metamask. Maybe you entered a wrong password. Or it could be a temporary issue, then try to connect again after a few minutes. ### **Is there another way to login to my account?** You can use any provided way to connect your wallet. ### **I forgot my Wallet Login Credentials, what can I do?** PEAKDEFI doesn’t store any Wallet Information. Hence it cannot restore your Login Data. You as the owner of your wallet are responsible to keep your private keys in a safe place. ## Investors Dashboard ### **How can I invest in the** PEAKDEFI **Global Fund?** 1. Connect your wallet 2. In the Dashboard click on the Buy Button. 3. Choose the amount of shares you want to buy. 4. Choose the Cryptocurrency you want to pay with. (check your wallet balance to ensure you have enough Token in your wallet). 5. Optional: Stake PEAK to get staking rewards. 6. Click on “Buy Fund shares”. In Order Details you can check the total costs to invest in the fund. ### Do I get the my Fund Shares into my Wallet? The PEAKDEFI tokens will be given to your wallet after your purchase transaction has been accepted by the Ethereum blockchain, which may take up to a few minutes. ### Where can I see my PEAKDEFI Shares? You can see it in your Dashboard. If you want to see it in your Wallet App add a new custom token by filling the form field *Token Contract Address* with ``` ``` ### **Can I sell again after buying a Fund Share?** To ensure that Managers have enough time to perform proper trading there are Trading Cycles of 60 days where the funds are locked. While you can invest in the fund anytime you can sell your fund shares only within the intermission phase. This is a period of 3 days between every trading cycle where Managers are not allowed to trade and investors can sell their funds. ### Do I have to pay fees? For buying shares you only need to pay the transaction costs on the Blockchain. (Gas Costs) But there is a management fee of 0.1% to pay every cycle and a success fee of 35% on the revenue in the specific cycle which is taken into account **only if the fund is profitable** in this cycle. This success fee is distributed between asset managers (15%) and affiliates (20%) ## Selling your Fund Shares ### **I can’t sell my Fund shares, why?** To ensure that Managers have enough time to perform proper trading there are Trading Cycles of 60 days where the funds are locked. While you can invest in the fund anytime you can sell your fund shares only within the intermission phase. Above you can see a counter that shows you when the next intermission phase begins. ### **What does Intermission Phase mean?** This is a period of 3 days between every trading cycle where Managers are not allowed to trade and investors can sell their funds. ### **When I sell, where does the money go?** When you sell your shares the converted amount goes straight into your own wallet that you are connected with on the PEAKDEFI platform. You can choose at the “Deposit to” section the Token that you want to receive. PEAKDEFI uses 1inch.com as an exchange aggregator. ### **Do I have to pay fees?** For selling your shares you only need to pay the transaction costs on the Blockchain. (Gas Costs) ## Peak Global Fund Details ### **What is the difference between Price Change (Current Cycle) and (since inception)?** A cycle on PEAKDEFI is 60 days. A Price change (Current Cycle) is the difference between the current price and the price at the beginning of the cycle. Price change since inception is the price change from the very beginning. Green Colour means a positive change, red signals a negative change. ### **What does APY mean?** The Annual Percentage Yield (APY) is the rate of return of the fund over the period of one year. ### **What does Assets under Management mean?** It’s the current value of the assets that is managed in this fund, measured in USDC. USDC is a Stable Coin pegged to the US-Dollar. ### What does Max Drawdown mean? A drawdown refers to how much the fund is down from the peak before it recovers back to the peak. Drawdowns are a measure of downside volatility. A Maximum Drawdown is the maximum historical downturn of the fund. Maximum Drawdowns are an indicator about the risk of the fund. The lower the Maximum Drawdown the more conservative the strategy of the fund. ### **What does Standard Deviation mean?** Standard deviation represents the volatility of an asset. ### **What is the management fee?** It’s a fixed fee that investors pay to the managers of the fund for every trading cycle. The current trading fee is 0.1% of the invested amount (Asset under Management / AUM).
### **What is a Success Fee?** 15% of the profits that the fund has generated in a cycle is set aside as commission and distributed among fund managers proportional to the amount they hold and their risk profile.\ 20% of the profits that the fund has generated in a cycle is set aside as commission for affiliates. **These commissions are taken into account only if the fund is profitable during the actual investment cycle.** ### **What does the counter “Time left before sell allowed” mean?** It shows the remaining time until the current cycle ends. While you can invest anytime you can only sell your shares again after a cycle ends. When the time expires you have 3 days to sell your shares again (intermission phase) until the next cycle of 60 days begins and your funds are locked again. ### **Can I see Trading Transactions of the fund managers?** You can see only your Transactions, not the Transactions of the Managers. ## PEAK Staking ### **What is PEAK?** PEAK is the token that fuels the PEAKDEFI Platform. ### **What are the benefits to stake PEAK?** You earn additional PEAK while staking. Read more [here.](/for-asset-managers/how-to-for-investors.../staking-peak) ### **Are my PEAK locked during that period?** Yes, during the Staking Period your PEAK tokens are locked. ### **Can I get my PEAK back before Staking Period ends?** No, you can’t cancel your staking before the period ends. ### When do I get the PEAK Rewards? You get a daily dividend in PEAK. **Actually the PEAK Staking counts even every second.** ### **Where can I sell PEAK?** You can sell PEAK on different exchanges, please check coinmarketcap.com to see on which exchanges you can sell the tokens. ### **Do the PEAK Rewards land automatically in my wallet?** You have to claim the Rewards by clicking on “Claim rewards”, then the PEAK Tokens will be sent to your wallet. ### **What is the Bigger Bonus / Longer Bonus / Early Factor ?** The Staking Rewards depend on the amount, the period and the time when you start staking. Read more [here](/for-asset-managers/how-to-for-investors.../staking-peak#your-rewards-bigger-and-longer-bonus-and-early-factor). ### **What is the minimum period to stake PEAK?** The minimum period to stake PEAK is 10 days. ### **What is the maximum period to stake Peak?** The maximum period to stake PEAK is 1000 days. ### **When Do I get my PEAK?** You get the PEAK rewards on a minute basis. Once the staking period expires you get your staking amount back into your wallet. ## Inviting Friends and earning Referral Rewards ### How much Commission can I get if I refer a new member? * You can get up to 20% commission on the fund profits distributed on 8 Levels. * You can get up to 20% Staking commission distributed on 8 Levels * You can get One time PEAK Distribution by achieving specific Referral Ranks Read more about the Referral Commission [here](/for-asset-managers/how-to-for-investors.../referral-rewards). ### What is DSV? DSV are Direct Sales Volume Points . Besides earning great commissions on your referral's investments and staking you also collect DSV. These DSV entitle you to attain "Career Ranks" for special accomplishments. Every time you achieve a new rank you will get a One Time Bonus Distribution in PEAK. Read more about DSV [here](/for-asset-managers/how-to-for-investors.../referral-rewards#become-a-super-affiliate-and-earn-big-rank-bonuses). ## Launchpad ### What are the steps of an IDO? 1\. IDO whitelisting: The beginning of the IDO whitelisting can vary, so please visit the IDO details page for further information. 2\. Calculation of base allocation: The alIocation depends on the number of participants and ensures that there are enough tokens for a guaranteed allocation for every investor. 3\. IDO sale: Registered participants with guaranteed allocation are allowed to fund their allocations in the pool. 4\. Token distribution: Once the sale is finished, we collect the allocations data. The token distribution and listing information can be found on the PeakDefi Announcements Telegram channel or in the IDO details page. ### # How To for asset managers... # Overview Becoming an Asset Manager on PEAKDEFI ## How PEAKDEFI works for Managers Instead of Managing an own fund the idea at PEAKDEFI is to manage one Global Fund with many other managers together in a decentralized way. This is a completely new and disruptive way for Asset Managing that also implies different managing approaches compared to traditional Hedgefunds and raises a couple of questions: * **How can managers manage the capital of investors in a decentralized environment?** * **How does the Distribution of the Assets under Management (AUM) work?** * **Ho does the Handling of good and bad Managers work?** * **How can inactive Managers be treated, who block capital to grow?** ## Decentralized environment Like investors, the managers connect their Ethereum-Wallet with the platform to interact with the smart contract. Managers can open and close trades, even margin trades, all in a decentralized way. To provide all these solutions the PEAKDEFI Platform interacts automatically with different decentralized protocols like 1inch Dex or Compound Finance. ## AUM Distribution and the Reputation Token To distribute the AUM between the managers automatically a so called Reputation Token has been implemented at the platform. This Token cannot be bought on external exchanges, nor can it be sold. Every Manager has to buy the same amount of Reputation Token at the platform which entitles a manager to manage a part of the whole fund. The amount of Reputation Token grows and decreases over time, depending on the success of the Manager. **The AUM for each manager fluctuates and depends on different aspects:** * The AUM grows if more investors invest in the fund and therefore the fund grows * The AUM grows if the Amount of Reputation Token rises * The AUM of each individual Manager shrinks if the Amount of Reputation Token decreases * The AUM of each individual Manager shrinks if more Managers enter the Fund If more Managers enter the fund it has to be shared between more Managers and therefore every Manager get's a smaller piece to manage. But more traders usually mean less volatility and therefore more stability for the fund. The management over your Trades is also controlled by your Reputation Token. You can read more about how the Reputation Token influence your Trade Management [here](/for-asset-managers/how-to-for-asset-managers.../making-a-trade#open-a-trade). How Reputation Token determine your Rewards and losses you can read [here](/for-asset-managers/how-to-for-asset-managers.../rewards-and-punishments). ## Investment Cycle from Managers point of view To ensure that Fund Managers have enough time to perform proper trading there are fixed Trading Cycles of 60 days where the funds are locked. While you can invest in the fund anytime you can sell your fund shares only within the **intermission phase.** This is a period of 3 days between every trading cycle where Managers are not allowed to trade and investors can sell their funds. {% hint style="info" %} A full cycle is 60 days and is divided by a 57-day trading period and a 3 day intermission phase. {% endhint %} ## Your Benefits as a Manager at PEAKDEFI ### Build your Reputation and earn automatically greater Commissions Your Commissions are directly linked to your reputation. If you are a good trader you automatically raise your Amount of Reputation Token and therefore your AUM which results in higher Commissions. You can earn up to 15% in Commission on the Profits of your Fund Shares. ### Manage Assets right from the beginning - No search for clients anymore You can start immediately as an Asset Manager and get a piece of the fund to manage. That's the beauty of a decentralized protocol, no boundaries. Of course there are mechanisms to avoid losses for the fund so bad traders lose fast their reputation and consequently less Fund Shares. But on the other hand good traders get **automatically** more Fund Shares, no search for clients anymore. And as it is all decentralized and all managers manage the whole fund there are also no customers which you have consult. ### Focus completely on your Trades While opening a new (hedge) fund takes many hurdles to overcome you can just connect your wallet with the PEAKDEFI Platform, buy Reputation Token and stake a little portion of PEAK and you are ready to go! You don't have to consult Clients, you don't have to acquire new clients. You don't have to bother with regulations etc...You can fully concentrate on your Trades! # First Steps Becoming an Asset Manager is easy Becoming a Manager is very simple. First you have to [stake ](/for-asset-managers/how-to-for-investors.../staking-peak)at least 1000 PEAK through the Investors Dashboard. After that you can become a Manager by clicking on the „Become a Manager“ Tab on the main homepage and walking through the process to buy Reputation Token. ![](/files/-MLwaUWO0U8rUdzi-61y) After the purchase you are ready to go. But be aware, that you can only start trading when the next managing cycle begins. # Manager Dashboard After connecting your Wallet with the PEAKDEFI Platform, purchasing the Reputation Token and Staking the necessary amount of PEAK you land automatically in your Managers Dashboard where you can see at a glance your current investment portfolio, your Reputation Token and Commission Balance and where you can open an manage your Trades. ![](/files/-MHuGusbw5AcOVZOE68z) ## Dashboard Overview In the Dashboard Overview you can monitor how the PEAKDEFI fund performs. You can check for example the **price change in this cycle**. A positive Price change implies that the funds made profits so far, a negative that the fund is in loss in this current cycle. **The Annual Percentage Yield (APY)** is the rate of return of the fund over the period of one year. **The Price Change (since inception)** shows you the overall change since the start and the **Assets under Management** the current Value of the Fund. The **Maximum Drawdown** is the maximum historical downturn of the fund. Maximum Drawdowns are an indicator about the risk of the fund. The lower the Maximum Drawdown the more conservative the strategy of the fund. The **Standard deviation** represents the volatility of the fund. ![](/files/-MHuK8Q8hZ6lhRyQ2YAn) ## Trades In the Trades section you can monitor and manage your open trades and see your trade history. Read more about monitoring your trades [here](/for-asset-managers/how-to-for-asset-managers.../making-a-trade#monitor-your-trades). ![](/files/-MHuMZFebZZFhj9_ZhyR) ## Ranking In the Ranking Tab you can compare your success with other Asset Managers. ![](/files/-MHuLc6z8I-jy0j7YjKT) # Open and Manage a Trade Open and Close Buy / Sell / Margin Trades ## Open a Trade To make an Order just click on the fund tab in your Dashboard or in the navigation tab on the Market tab and click on the the "Trade" button. You then can choose between 70+ Assets which you want to trade and how you want to trade (buy / sell / leverage), the amount of Reputation Token you want to stake (which determine the size of the position), the max accept. buy price and the Liquidity Provider. ![](/files/-MHtzYXJ9aW5yXYURb8N) {% hint style="info" %} The order size depends on the amount of Reputation Token you are going to stake. E.g. if you have 100 Reputation Token which for instance represent a Managed Capital of 10.000 USDC and you want to invest 1000 USDC in this trade = 10% you have to stake 10% of your Reputation Token = 10. The max acceptable buy price is the slippage (price tolerance) you accept. E.g. a max acceptable buy price of 3% means that you are willing to accept a buy price deviation of 3%. Liquidity Provider is the exchange which you choose for executing the trade. {% endhint %} ## Buy and Sell Orders When you click on the "Trade" Button you can choose the Asset and your position (buy / sell / Margin Trades). When you open a "Sell" order it means that you are betting on a price decrease and want to take advantage of it. This is also called a **Short Order**. A short order is created by taking out a loan denominated in the asset that you wish to short, with collateral denominated in USDC (or an other stable coin). The loaned asset is immediately converted to the stable currency. If the asset's price falls, the value of your debt also falls, meaning you need to pay back less money, giving you a profit. If the price rises, your debt increases, and you lose money. {% hint style="info" %} PEAKDEFI uses the service of [Compound Finance](https://compound.finance/) for executing leveraged long & short trades. {% endhint %} ## Margin Trade Margin Trades or leveraged orders enhance a trade position by a factor x. For instance, if you made a leveraged long order with 1.5x leverage, and the price of the underlying asset increased by 10%, your return would be 15%. Of course the same ratio applies if the price goes in the wrong direction, e.g. if the price of the asset decreased by 10% you would lose 15%. ### Collateral Leveraged long orders are made by taking out loans denominated in a stable currency (like DAI), with the collateral denominated in the asset you want to long. The loaned stable currency is immediately converted to the asset you want to long. This means that you would be exposed to the asset's price changes not only through the collateral, but also through the loaned assets, effectively amplifying your returns (and losses). ### Top Up When making margin orders, PEAKDEFI takes out loans backed by collateral. If the ratio of collateral to debt (the collateral ratio) is too low, the loan platform (Compound) will liquidate the loan, which entails the loss of the collateral. To prevent liquidation, you can top up an order's collateral on the platform. This action does not require additional staking of Reputation Token. You can monitor your collateral status for each order in your Managers Dashboard. ## Monitor your Trades You can monitor you trades and see your Trading History in the "Trades" area at your Dashboard. Here you can close an open position again or if your leveraged position is in danger (to be liquidated) you can Top Up your collateral. ![](/files/-MHu4yS0EKDQ7KFYHMc2) ## Close your Trade If you click on the "Close" Button you will get an overview about your trading details for this trade. You can see the Asset Price, the current amount of Reputation Token in this trade which you can (partially) redeem, the trade value in USDC and the ROI of this trade. If the trade is a margin trade you also see the collateral status. ![](/files/-MHu5lH3-1lmWDaYP99v) You close a position if you redeem the whole / max Reputation Token for this trade. If for instance you want to close only 50% of the position you can do it by redeeming only 50% of the max. By choosing the max. acceptable close price you are willing to accept this price deviation from current asset price to close the trade. {% hint style="info" %} The "Reputation Token to Redeem" fluctuates as the price of the asset changes and therefore your ROI. If the trade turns negative the amount of reputation token in this trade also decreases under the value you put into the staking. If the trade turns profitable the amount of your reputation token also increases above the level that you put into staking. {% endhint %} # Risk Threshold To handle Managers who don't make any trades but still redeem their commissions every Cycle, there is a Risk Threshold implemented which disincentivizes managers from just sitting on the fence, blocking capital and redeeming their commissions. This Risk Threshold mechanism measures the amount of risk each manager has taken in a cycle, and only gives them the full commission amount if the risk they've taken exceeds a certain threshold. **If an Asset Manager doesn't make any trade at all he won't get any rewards as his / her Risk = 0.** ### Risk Threshold Formula We measure the risk a manager has taken using the formula: $$ Risk = \sum\_{i\in Investments} Duration(i) \times Stake(i) $$ And the threshold we have chosen for each manager is: $$ Threshold = ReputationToken BalanceAtCycleStart \times (3 \text{ days}) $$ The proportion of the full commission that each manager will receive is: $$ min(1, \frac{Risk}{Threshold}) $$ ### Example Say at the beginning of a cycle Steven has 100 Reputation Token and Simon has 10 Reputation Token. Steven stakes 50 Reputation Token in a Trade for 7 days, Simon stakes 1 Reputation Token in a Trade for 15 days and 2 Reputation Token in another Trade for 5 days. **The risk Steven has taken is:** $$ $50\times7=350$ $$ and his risk threshold is: $$ $100 \times 3 = 300$ $$ so he will receive the full commission amount. **The risk Simon has taken is:** $$ $1 \times 15 + 2 \times 5 = 25$ $$ and his risk threshold is: $$ $10 \times 3 = 30$ $$ so he has not exceeded the risk threshold, and will receive $$ $\frac{25}{30} = 83.33%$ $$ 83.33% of the full commission amount. # Rewards and Punishments ## Rewards for good Trading Positive Trades create Profits for the Fund and contribute to a positive cycle, which results in a commission of up to 15% for you (Depending on your Risk Threshold in this Cycle). In addition good Trades increase the Total Amount of Reputation Token and therefore the total share of the PEAKDEFI Fund you manage which affects the Total Commission you get. ## Punishment for bad Trading If your trade encounters a loss below 10% you will lose the normal amount of Reputation Token, whereas trades with more than 10% losses will lose a lot more Reputation Token as the losses increase. Trades with losses above 25% will lose all of the staked Reputation Token (for this Trade). This mechanism protects the PEAKDEFI Fund from heavy losses. # Handling inactive Traders Getting rid of Traders who block Trading Capital. With the possession of Reputation Token Traders are eligible to manage a share of the PEAKDEFI Fund which also means that there is Investment Capital reserved for every Trader to manage. If a Trader does not trade at all the capital he / she manages is blocked and does not grow. **To avoid this situation, managers who have been inactive for 2 cycles or above will lose their entire Reputation Token balance.** Inactivity is defined as not making any trade. # FAQs for Managers ## Become a Fund Manager ### **How do I become a fund manager?** Connect your Wallet, buy some reputation Token choose the amount of PEAK Tokens for Staking. That’s it.
### **Are there any requirements to become a fund manager?** To maintain the decentralized character of PEAKDEFI, everyone can become a fund manager. There are no requirements.
### **What are my benefits as a fund manager?** First, in contrast to other projects there are no requirements to become a fund manager. Furthermore you don’t have to search for investors. The better the Fund performs the more investors will invest. Your performance determines how much of the fund will be managed by you. The better your performance the greater your proportion of the fund you can manage. You can earn up to 15% success fee. ### **Do I risk my own money?** No, the fund consists of the invested amount from the investors. You risk only the amount of your purchased Reputation Token. ## Reputation Token ### **What is a Reputation Token?** Managers need to possess Reputation tokens to manage funds on PEAKDEFI. The reputation token represents how good a manager is at trading. The more Reputation tokens you have, the more money in the PEAKDEFI Fund you can manage and the more income you’ll get every month as a commission on your investments. ### How do I buy Reputation Token? Just follow the Registration / Wallet Connection Steps for a Manager. You will get to the area where you have to buy them. You can pay with ETH or 70+ supported ERC-20 Token. ### **Can I buy as many Reputation Token I want to manage more Fund Shares?** No, everybody starts at the same level, hence everybody has to buy the same amount of reputation token. ### **Can I lose Reputation Token?** Yes, if your trade performs bad you can lose your stake. ### **Can I sell Reputation Token?** No, Reputation Token represents your Trading performance and cannot be sold. ## Staking Peak ### What is PEAK? PEAK is the token that fuels the PEAKDEFI Platform. Read more about PEAK and the Benefits for PEAK Staking [here](/for-asset-managers/how-to-for-asset-managers.../faqs-for-managers#staking-peak). ### **What is the minimum amount of Peak that I have to stake?** You have to stake at least 100 PEAK. ### **What is the minimum period to stake Peak?** 10 days ### **What is the maximum period to stake Peak?** 1000 days ## Trading ### **What is the Rep. Token Balance?** Your free Token Left for Trading ### **What does "Risk Taken" mean?** It's your Risk Threshold in the current cycle ### **What are EST. COMMISSIONS (USDC)?** Your estimated Commission in this cycle for managing this fund, ready for withdrawal in the next intermission phase. It can change during the Cycle, depending on your profits and losses as well as the whole Fund performance. ### **How can I open a Trading position?** Click on +Trade. Choose your asset and your order type (buy / sell, buy / sell with margin). Choose the size of your trade by determining the amount of Reputation Token to stake. Set your max. acceptable buy price (slippage), the liquidity provider, click on continue and follow the next steps. ### **Can I leverage my trade?** Yes just choose the Asset and the order type. You can leverage up to 3x your Trade. Not all assets are available for leverage trading. Learn more about leverage trades here. ### **Can I short a position?** Yes just choose the Asset and the sell order type. Learn more about Sell Orders [here](/for-asset-managers/how-to-for-asset-managers.../making-a-trade#buy-and-sell-orders).
### **What does “Reputation Token to stake” mean?** By choosing the amount of Reputation Token you determine the size of the order position. Learn more here. ### **What is a Max acceptable buy price?** It’s the maximum slippage of a buy order that you accept. The trade won’t get through if it would exceed the specified %.
### **Do I have to pay fees?** Only the transaction costs on the blockchain. ### **How do I close a trade?** In your dashboard click on the fund and on “Trades”. Then click on the “Close” button at the specific trade you want to close. Choose the amount of Reputation Token you want to redeem (100% = closing whole position) and the maximum deviation from the closing price (slippage). ### **What is the Collateralization Status?** When you open a Margin Trade a Collateral will take place. The Collateralization Status represents the current Margin Call situation. If the trade goes in the wrong direction the status signals a danger for liquidation. To improve the status again you can Top-Up your Collateral. ### **What does “Reputation Token to redeem” mean?** The current staked Reputation Token for this trade. If you want to close the whole position you have to redeem this amount, which is then again credited to your Reputation Token Balance. If you want you can close only fractions of the trade by redeeming just a partial amount of the maximum amount to redeem.
### **What does USDC to Redeem mean?** It’s the current value of the trade in USDC Value ### **What is Max acceptable “Sell Price” / “Closing Price” in %?** It’s the maximum slippage of a trade that you accept. The trade won’t be closed if it would exceed the specified %. ### **What does “Top Up” mean?** You select a new collateralization ratio by staking more rep token to get an healthier ratio and the trade not being liquidated.\ \