FAQs for Managers
Connect your Wallet, buy some reputation Token choose the amount of PEAK Tokens for Staking. That’s it.
To maintain the decentralized character of PEAKDEFI, everyone can become a fund manager. There are no requirements.
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.
No, the fund consists of the invested amount from the investors. You risk only the amount of your purchased 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.
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.
No, everybody starts at the same level, hence everybody has to buy the same amount of reputation token.
Yes, if your trade performs bad you can lose your stake.
No, Reputation Token represents your Trading performance and cannot be sold.
You have to stake at least 100 PEAK.
Your free Token Left for Trading
It's your Risk Threshold in the current cycle
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.
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.
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.
By choosing the amount of Reputation Token you determine the size of the order position. Learn more here.
It’s the maximum slippage of a buy order that you accept. The trade won’t get through if it would exceed the specified %.
Only the transaction costs on the blockchain.
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).
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.
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.
It’s the current value of the trade in USDC Value
It’s the maximum slippage of a trade that you accept. The trade won’t be closed if it would exceed the specified %.
You select a new collateralization ratio by staking more rep token to get an healthier ratio and the trade not being liquidated.