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Grayscale Investments, a leader in cryptocurrency investment solutions, has announced the launch of a new fund targeting Proof of Stake (PoS) digital assets.
Simultaneously, the presale of the native token of Bitbot, a non-custodial Telegram trading bot, has seen impressive early success, raising $1.72 million.
Grayscale Dynamic Income Fund: maximizing PoS opportunities
Grayscale’s latest offering, the Grayscale Dynamic Income Fund (GDIF), is tailored to sophisticated investors seeking exposure to the income potential of staking cryptocurrency tokens.
The fund aims to optimize income through staking rewards associated with PoS digital assets, with capital appreciation serving as a secondary objective.
GDIF sets itself apart by meticulously selecting PoS tokens with promising staking opportunities for its portfolio. It emphasizes converting staking rewards into US dollars every week, with quarterly distributions planned for investors.
The fund’s primary goal is to maximize staking income, aligning with the core principles of crypto staking, which involve locking up tokens to earn interest or rewards while supporting blockchain network security and efficiency.
Among the disclosed PoS tokens earmarked for inclusion in GDIF’s portfolio are Osmosis (OSMO), Solana (SOL), and Polkadot (DOT).
These tokens offer attractive staking reward rates, further highlighting the income-generating potential within the cryptocurrency staking ecosystem.
Grayscale’s strategic allocation underscores its commitment to diversification and maximizing staking income for investors.
Bitbot: empowering traders with institutional-grade tools
Bitbot, a non-custodial Telegram trading bot, aims to democratize financial access by providing users with institutional-grade trading tools in a secure and user-friendly package.
It allows traders to execute trades directly from Telegram while maintaining full control over their assets.
One of Bitbot’s key features is its integration with self-custodial wallets, ensuring users retain complete control over their keys and assets.
The platform employs KnightSafe, a decentralized security system, to provide rigorous security for trading activities.
Bitbot caters to investments across all scales, offering secure handling for both large and small investment amounts.
Bitbot provides users with institutional-level trading tools, including automated sniping, limit orders, copy trading, and yield optimization. These tools are accessible to users of all trading experience levels, empowering them to make informed trading decisions and maximize their returns.
At the heart of Bitbot is the $BITBOT token which entitles holders to all the benefits of the Bitbot ecosystem. The token is currently in the presale stage.
$BITBOT presale
The $BITBOT presale has seen impressive early success. It is in its eighth stage and it has raised $1,720,567.
$BITBOT tokens can be purchased at $0.0141 per token in the current presale stage, with the next stage price expected to increase to $0.0148 per token.
Investors participating in the presale not only gain access to exclusive perks and a say in Bitbot’s strategic direction through governance but also benefit from revenue-sharing opportunities.
$BITBOT holders are entitled to up to 50% of the platform’s revenue share, making the token a compelling investment proposition.
Conclusion
As the cryptocurrency market continues to evolve, investors are increasingly seeking avenues to capitalize on the income potential of staking and access institutional-grade trading tools to enhance their trading experience.
Grayscale’s launch of GDIF and Bitbot’s presale success highlight the growing interest in cryptocurrency investment opportunities and the demand for innovative trading solutions.
The post Grayscale unveils new fund for PoS digital assets; Bitbot presale hits $1.72M appeared first on Invezz
Disclaimer
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