The PEAK price update as of now is $0.0002983. In the previous 24 hours, its trading volume was $1,338, and its value has decreased by -5.09%. As of now, PEAK's live market cap is $628,726, and it is ranked as the #6298 on the Coincu. PEAK has a circulating supply of 2,107,993,488 and a maximum supply of 2,107,993,488.

Understanding PEAKDEFI

The concept of PEAKDEFI revolves around a decentralized fund that operates as a smart contract on the Ethereum blockchain. It is managed in a decentralized and permissionless manner by various managers, aiming to achieve the best outcome for all participants involved. Individuals can invest in the contract and obtain a share of the PEAKDEFI fund, while managers can engage in on-chain trading using the fund's capital.

This unique approach brings significant benefits for investors and asset managers alike. Unlike existing investment solutions that have flaws, especially for small investors and assets, PEAKDEFI introduces a new global fund accessible to everyone. It focuses on transparency for all managers and collective governance, with the ultimate aim of reaching the pinnacle of the markets.

In each cycle, any profits generated by the fund will be automatically distributed among investors, fund managers, and affiliates, following this breakdown:

• 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

The Benefits of PEAKDEFI

Benefits for Investors

The PEAKDEFI platform operates on a smart contract, allowing users to easily connect with their own ETH wallet and invest using ETH or over 70 other ERC20 tokens.

Retain control of your capital

PEAKDEFI operates on a non-custodial and permissionless basis, meaning it never takes control of any assets. User deposits are locked in smart contracts, and no third party has direct access to those funds.

Autonomous optimization for optimal results

Selecting the right manager to handle your capital is no longer a concern with PEAKDEFI. The distribution of the managed fund adjusts automatically between the best asset managers through smart contracts, ensuring optimal results.

Flexible capital management with short trading cycles

The entire period consists of a 60-day cycle, with a fixed management period of just 57 days, followed by a 3-day transition phase during which you can sell your PEAKDEFI shares.

Benefits for Managers

Decentralized management

Managers connect their Ethereum wallet to the platform to interact with the smart contract. They can open and close trades, including margin trades, in a decentralized manner. The PEAKDEFI platform automatically integrates with various decentralized protocols, such as 1inch, Kyber Network, Uniswap, and Compound, to provide these solutions.

Automated AUM Distribution via Reputation Token

To ensure fair distribution of the Assets under Management (AUM) among managers, PEAKDEFI utilizes reputation tokens. The value of a reputation token in terms of AUM varies based on factors such as the number of active traders, the amount of investments made to the fund, and other relevant factors. Each manager receives approximately 15% of the total profit of the PEAKDEFI fund, according to PEAKDEFI.