The crypto winter has been brutal so far, and while there are some early signs of thawing, it may still be far from over. “The speculators, the tourists, and the technologically challenged have all left the space,” said Mark Fidelman, CEO of SmartBlocks and host of Cryptonized!. “Only the true believers with unwavering conviction remain.”
While any traditional financial investor will tell you to diversify your assets, it’s up to every person to decide if that advice applies to the Decentralized Finance (DeFi) sector. According to Fidelman, those that do tend to hold onto the crypto they trust, and even consider doubling down on BTC’s and ETH’s inevitable reversal. Many also temper short-term losses by diversifying into gold-backed crypto. PAXG, for example, saw a 6% increase since November 1, 2022 and just a 6% decrease since November 2021.
Holders also have the opportunity to earn rewards on long-term Bitcoin, Ethereum and PAX Gold investments with TETRAGUARD, the first-ever decentralized ETF-like instrument that is completely digital, with clear rules and the world’s most respected crypto staked in it.
What is Tetraguard?
Tetraguard is the first decentralized ETF for cryptocurrencies. Much like traditional ETFs, Tetraguard allows crypto users to trade a basket of the most popular cryptocurrencies. However, unlike traditional ETFs, Tetraguard is decentralized. This means Tetraguard holders can exchange and swap this diversified basket of coins without government oversight or bureaucracy. On top of that, users earn a fee simply for holding the basket.
As for what is inside the Tetraguard basket, The TETRA token is a bundle of wrapped coins. These wrapped coins are pegged to the TETRA token and can operate on its blockchain network. TETRA coins contain three popular cryptocurrencies and a fee-sharing token.
The exact makeup of the token is:
- 1 Wrapped Bitcoin, (BTC)
- 13 Wrapped PAXG, a stablecoin backed by physical gold
- 26 Wrapped ETH
- 23632 QUAD, a fee-sharing token
Each TETRA holds the same diverse portfolio of crypto assets. Every time a user buys or sells a TETRA, the token’s protocol collects transaction fees and staked ETH in its fee-sharing token called the QUAD. The transaction Fees and staked ETH are distributed evenly among token holders according to the number of TETRA tokens they have.
What benefits does Tetraguard offer?
The benefit of this token basket is the opportunity to trade numerous cryptocurrencies in a single transaction, saving time and money. Investors enjoy liquidity, a reward system, diversification, high potential profits, and low trading costs.
Tetraguard provides a simple means of diversification in the crypto space. “The basket offers users a collection of cryptocurrencies,” remarks Fidelman. “You gain exposure to 3 trusted cryptocurrencies diversifying your holdings and mitigating your risk.”
Within its smart contract, the Tetraguard protocol has a built-in liquidity pool mechanism, allowing users to buy and sell tokens without switching between exchanges. They can take advantage of a bull market with lightning speed or minimize exposure to a crash by cashing out in a single transaction.
Another benefit of Tetraguard is its built-in reward system. Investors earn fees for holding and trading the Quadron token without a central authority snagging a percentage. According to the whitepaper, the QUAD is the fee-and-staked ETH-collecting token that sits inside the TETRA. Each time the TETRA is transferred using its internal automated smart contract, the QUAD earns a 1% fee plus staked ETH.
“This is the first time investors can earn fees by holding the most popular cryptocurrencies in a token basket,” Fidelman explains. “When you purchase Tetraguard, you gain exposure to trusted coins whose prices have appreciated over time.”
In addition to its high potential for profits, Tetraguard obtains the lowest market price for each of the tokens in the Tetraguard basket. This means buying tokens with Tetraguard is less expensive than buying the cryptocurrencies that make it up individually.
“Any investment involves risk,” says Fidelman, “but Tetraguard’s diversification, transparency, and liquidity make it one of the easiest exchange-traded funds to use. What’s more, it’s far safer than other cryptocurrencies. As an investor, you have the chance to earn rewards for simply holding a diversified stash of the three top cryptocurrencies.”