Flynt Launches Industry’s Highest Yield Product on Bitcoin

PRESS RELEASE. Flynt Finance, the cryptocurrency monetary companies firm primarily based in Singapore co-founded by earlier derivatives trade operators and analysts, launched a platform for crypto structured merchandise final week. The comparatively excessive returns (as much as 50% APY) on Flynt has gained robust curiosity from crypto yield lovers, particularly in the course of the bear market the place volatility is more durable to return by.

Cryptocurrency markets are sometimes considered the go-to place for high-risk high-return because of the unstable worth actions. Managing threat for such belongings will be complicated, particularly for those who shouldn’t have a monetary background.

A preferred technique to hedge is to make use of choices by getting into into positions reverse to present asset holding. For instance, holding spot bitcoin and shopping for a put possibility whenever you count on some downward worth motion. Although nonetheless a nascent subject in comparison with perpetual futures, crypto choices are an effective way to hedge your unstable positions each throughout instances of chop and powerful tendencies.

There are additionally varied structured merchandise that present yield with mixed methods of choices, lending, and futures. One of the only and hottest structured merchandise is the lined name technique or a money lined put technique. Even the legendary Warren Buffet has famously used this to earn premiums on Coca-Cola shares.

Since 2021 there was a rush to supply lined name methods on varied cryptocurrencies for the yield-hungry crypto traders. These methods have been rising quickly since their inception and have held up surprisingly properly in the course of the newer downturn.

After rigorous analysis and backtesting varied methods, the workforce at Flynt determined to launch their very personal structured product technique, the “BTC Covered Call Strategy x5”. This technique sells name choices on a weekly foundation and reinvests the premium earned into the next week. Based on the total 3-year set of buying and selling information from Deribit (a number one cryptocurrency choices platform), the workforce derived a proprietary strike worth choice algorithm that maximizes returns and minimizes the possibility of taking a loss. A key differentiator for Flynt’s product is its use of leverage. Flynt makes use of as much as 5 instances leverage on their methods to each improve the returns in addition to lower the possibility of taking a loss by deciding on an additional OTM strike worth. According to their backtests, this resulted in a median APR of 47%(together with losses) in comparison with the trade common of about 15%(not together with losses).

David Seo, CEO of Flynt Finance mentions that “for most people, a non-leveraged covered call strategy should be just fine, but for those that would like to take more risk for higher returns should definitely give Flynt a try. Through Flynt, we aim to provide access to crypto investment strategies for a variety of risk profiles.”

About Flynt Finance and the Team

Flynt Finance is a one-stop asset administration platform that gives structured merchandise on cryptocurrencies. The workforce is made up of blockchain OGs which have expertise delivering a variety of companies together with cryptocurrency exchanges, blockchain protocols, and dApps collectively since 2015. Flynt’s CEO, David Seo was the COO of a number one South Korean trade, and Victor Park, the CTO has been constructing sturdy inventory and cryptocurrency buying and selling platforms for the previous 20 years. Other core members have in depth expertise in varied fields together with monetary huge information modeling, asset custody companies, derivatives buying and selling, and buying and selling structured merchandise.

Flynt’s workforce started the brand new initiative with a daring mission to offer monetary freedom to everybody no matter geography, know-how, and privilege.

To guarantee clear communication to the shoppers on how the deposited funds are used, each technique executed by the workforce will be discovered on Flynt’s web site intimately.

Currently offering bitcoin covered-call methods that generate as much as 50% APY, Flynt plans to proceed to fulfill the wants of the ever-evolving crypto investor by means of modern merchandise.

This is a press launch. Readers ought to do their very own due diligence earlier than taking any actions associated to the promoted firm or any of its associates or companies. Bitcoin.com just isn’t accountable, straight or not directly, for any injury or loss induced or alleged to be attributable to or in reference to the usage of or reliance on any content material, items or companies talked about within the press launch.