Earn Yield From DeFi Protocols Automining Crypto Index Super Boosts RWAs
Email: teamspeculate@proton.me
MULTIPLE STREAMS OF PASSIVE INCOME FROM CRYPTO?
WELCOME TO SPECULATE DAO
We are a community owned decentralised finance (DeFi) yield aggregator and crypto index fund.
If you are new to crypto then don’t worry we have designed this project with you in mind so please have a look through this website and it’ll all make a bit more sense.
SpeculateDAO has 3 fundamental pillars:
• Simplicity
• Sustainable Yield
• Decentralised Governance
SIMPLICITY AS STANDARD
We get it, crypto is tricky!
Just the basics like buying with fiat currency, wallets, security and simple transactions are enough to put off all but the most persistent. When we factor in the complex processes around decentralised finance many would be investors turn and run for the hills. We want to tackle that and remove much of the friction, in fact for the most part we’ll do it for you!
Yes, that’s correct!
Our DAO will research and propose investments into a diversified portfolio of decentralised finance protocols and the yield received will be distributed to you, as a $SPEC token holder.
SUSTAINABLE YIELD
Crypto is extremely volatile with some of the low cap assets often moving dozens if not hundreds of percent in a single day. The risk to would be investors is huge and a large degree of caution is needed on an individual basis when researching possible investments.
SpeculateDAO removes some of this risk by diversifying investments across various blockchains and protocols using the DeFI Protocol Pool.
These protocols provide a spectrum of different APR/APY yield which is in turn aggregated and distributed to $SPEC holders.
The Super Boost is leveraged in times of yield reduction to sustain our targeted 5-15% APY.
DAO GOVERNANCE
A DAO is a Decentralised Autonomous Organisation.
It’s a modern concept surrounding governance and decision making. Rather than a centralised authority making decisions and reaping the profits a DAO is a distributed network of token holders who can make proposals and vote to pass or reject them.
In the case of SpeculateDAO this distributed network is the $SPEC token holders. As the token holders increase through the trading and redistribution of $SPEC so the decentralised decision makers rotate keeping the project awash with new ideas.
AUTOMINING
Built into the Speculate design is the Automining reward system. This is a fair way to distribute 30,000,000 (30%) of $SPEC to existing holders over the space of 360 days.
This distribution will come in 6 epochs of 60 days. At the end of the 60 days the reward pool will halve for the next 60 days and so on. The amount of daily distributed $SPEC will remain constant for that 60 day period.
This system rewards early adopters as the APR/APY is consistently diminishing as the daily circulating supply grows.
The added incentive to hold these additional $SPEC is significant. The DeFi Protocol Pool yield will be distributed according to the amount of $SPEC in a holders wallet. The more $SPEC held the more yield received!
SPECULATORS
The top tier of $SPEC holders are called Speculators. These are holders with 1,000,000 ( 1% ) or more Total Fixed Supply of $SPEC.
This group is the decision making hub and the only group able to make proposals using the DAO. All Speculators can also vote on proposals.
There are some benefits to becoming and remaining a Speculator:
• 50% of Defi Protocol Pool yield
• Make proposals with the DAO
• Private alpha group
• Custom digital art
CRYPTO INDEX FUND
The CIF or Crypto Index Fund is a diverse basket of crypto assets that are proposed and acquired by the SpeculateDAO.
The majority of this fund will be bluechip assets like $BTC, $ETH, etc but will also comprise of a portion of higher risk ‘challenger crypto brands’.
These assets will act as a peg or reserve for the project in the early days. 2% of all trading volume will be assigned to this fund.
As the fund grows in volume and value over time it will be periodically used to diversify into real world assets to bring increased stability in yield.
This yield will be in addition to that aggregated by the DeFi Protocol Pool.
$SPEC TRADING FEES
$SPEC has a 6% trading fee.
This fee has multiple purposes in the upkeep and expansion of the project.
1% of each $SPEC buy or sell will go directly into the DeFi Protocol Pool to be used for additional yield generation.
2% will go into the Crypto Index Fund to initially peg the project to a basket of crypto assets decided by the DAO.
2% will go into the Project Development wallet. This will be used to build the front and backend infrastructure.
1% will be assigned to the Super Boost pot. This is to be deployed to support and boost the monthly yield target of 5-15% APY. Think of this as a version of revenue share.
