Real-time stats, assets, and data for HAVEN.ETH
2% per year. Due to the smart contracts' design, when Havens rebalance, Ethereum gas fees are taken from Chain Haven address and not the vault address. Gas costs are currently high. While this will not always be the case, fees need to be paid. Including them in a management fee makes sense. When gas fees reduce, so will the management fee.
Put simply, if this Haven doesn't increase your coin, there's no fee. Performance is on a rolling four-month period. You may enter at the beginning, middle or end. If a new high is achieved at the end of a period, a high-water mark is used to stamp the new high for the following performance periods. The fee is calculated as 25% of net gains of the benchmark asset (wETH).
This Haven is designed to build a substantial portfolio of ETH over time. It should not be viewed similar to lending/staking where yield accrues per day or block. A years gain can come in just one volatile month.
Although crypto is the most volatile asset, historically, most of it takes place within 30-60 days a year. Constant exposure to the Haven is highly recommended because no one knows when these days will occur. The classic investment advice “what matters is not timing the markets—but time in the market“ was made for Havens.
Vault can experience slow periods and drawdowns due to low volatility. This is normal and expected. Year-over-year it outperforms holding, lending, or staking. This is why performance is best viewed YoY. Judging a Haven on a timeframe smaller than that is doing it wrong and missing its value proposition.
This Haven has no consideration for dollar values and it's wrong to view it based on dollar gains/losses. Its sole purpose is to accumulate ETH through volatility. By dynamically rebalancing based on the volatility of altcoins against ETH, it gives the opportunity for exponential gains.
It achieves this being exposed to crypto during bull AND bear markets. Both markets provide substantial volatility, therefore, opportunity. If the market were to go through a vicious bear cycle, so too will this Haven, although accumulating on the bearish volatility.
*Not just volatility, yield too. In periods of low vol, Havens will seek the best yield opportunity (stake, lend, etc.) in wETH, creating additional ROI* Havens only use highly liquid altcoins as to avoid catastrophic losses. A Haven can consist of up to six tokens (high volatility times). Other times only one (low vol). This Haven is best viewed as a long-term volatile savings account.
DO NOT USE AN EXCHANGE WALLET TO ENTER HAVENS
You Think Volatility Is Your Ally
But You Merely Adopted The Volatility
Chain Haven Was Born In It
Molded By It
All rights reserved. The materials on this website are for illustration and discussion purposes only. No content published on this Site or Services is intended to provide tax, legal, insurance or investment advice, and nothing should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any asset by Chain Haven or any third party. We make no implied or express guarantee to the accuracy or completeness of the content, opinions, or ideas expressed in our Site and Services.
You alone are solely responsible for determining whether any investment, strategy, or any other product or service, is appropriate or suitable for you based on your investment objectives and personal and financial situation. We do not provide financial planning services. Investing involves risks and may result in the loss of some or all of the principal invested, you should do your own research. Past performance may not be indicative of future results.
Chain Haven © 2021