By: Mark Fidelman
The crypto market is the wild, wild west, where things can turn south in a matter of hours. You might be smiling about your profits while sipping your morning coffee and sulking over your losses by evening.
It’s a never-ending cycle: the investor’s journey meets crypto volatility.
Fortunately, the market is rife with innovations—new protocols, new DeFi’s, and new tokens— designed to improve every aspect of this nascent industry. Just when you thought that Satoshi had already imagined everything under the sun for crypto transactions, along came smart contracts and the possibilities were endless.
A more recent, impactful innovation in crypto is the emergence of crypto ETFs. Just as GameFi and NFTs are shaking up the gaming and collectibles worlds, crypto ETFs provide exposure to the crypto market and, unlike individual tokens, are typically traded on stock exchanges. It’s the best of both worlds: investors gain exposure to the asset’s returns, with the transparency and protection that regulated markets bring.
The launch of the first crypto ETF, the ProShares Bitcoin Strategy ETF, in October 2021 opened the door to a handful of centralized ETFs, with which fund managers manage cryptos in their asset portfolios.
Tetraguard: The first Defi ETF-like decentralized basket of tokens
All crypto ETFs are centralized like traditional funds. Except for one: Tetraguard.
Tetraguard is the first decentralized ETF-like token in the cryptocurrency sector. It provides investors with simple access to the three of the most well-liked cryptocurrencies in a tokenized basket.
Tetraguard is made up of wrapped versions of the payment tokens Quadron (QUAD), as well as PAX Gold (PAXG), Ethereum (ETH), and Bitcoin (BTC).
Tetraguard transactions are enabled by the liquidity of an Automated Market Maker (AMM), with Bonus Fee Tokens (QUADs) awarded to early buyers. Investors hold a diverse basket of well-known cryptocurrencies with a single transaction. Additionally, merely by holding it, they earn a portion of the shared transaction fees that occur on the platform.
Because Tetraguard is fully decentralized, trades and swaps can be conducted without interference.
Built on the Ethereum blockchain, Tetraguard is 100% run by TETRA’s audited smart contracts. Neither you nor anyone else’s cash is accessible to a central authority. With an automated market maker and clear instructions on how to divide the reward, the wrapped coins are securely locked away in the smart contract. Tokens are burned as users decide to sell their TETRA tokens.
QUAD: Hold And Be Rewarded
The core of the Tetraguard ecosystem is the reward token. According to the whitepaper, Tetraguard is built on the QUAD, the fee and staked ETH-collecting token, located inside the TETRA.
The safety of the procedure is predicated on the fact that the majority of the QUAD tokens are effectively kept inside the TETRA baskets. In contrast to fiat currencies, a “run” on the QUAD reserve would be extremely unlikely because the TETRA owner would have to sell their entire basket to access the QUAD.
Pros Of Tetraguard?
Tetraguard offers many benefits to the crypto investor:
- The reward for holding:
Tetraguard is distinguished by its QUAD token, a fee-producing token with an infinite value rise and potential revenue stream. Tetraguard offers rewards to token holders and traders. This enables investors to receive fees devoid of a central body taking a cut.
- Diversify Your Investment:
The best feature of Tetraguard is that it enables investors to trade the world’s most well-liked tokens in a single transaction, making it simple for users to take profits and reduce potential losses associated with any downswing in asset valuation.
- Liquidity:
On Tetraguard.io, Tetraguard gives users the option to buy and sell tokens without having to switch between exchanges. If they choose, investors can profit from a bull market or reduce exposure to a LUNA-like crash by selling out in a single transaction.
The Tetraguard protocol contains a built-in liquidity pool mechanism for its smart contracts and is therefore has liquidity regardless of whether it’s eventually listed on an exchange.
Conclusion
Is it safe? Consensys says: “Using Consensys MythX security analysis tools, the code for Quadron’s and Tetraguard’s Smart Contracts has been tested and reviewed and found to have zero vulnerabilities.”
Investors can increase exposure to a larger selection of cryptos with potential by investing in a variety of different tokens. By doing this, investors increase the likelihood that their investment will return a profit.
As the crypto winter continues to sweep the market, this ETF might be the best innovation for investors who want to keep their money safe while they continue to get exposure to volatile coins.
Mark Fidelman is a Global Marketing Executive focused on Blockchain and Security Tokens. He is the founder of SmartBlocks (a crypto marketing agency); host of the Cryptonized! YouTube show, and a popular Hackernoon contributor. With Mark’s knowledge of DeFi, he hopes to educate and inspire crypto enthusiasts about the why’s and hows of recent exploits and innovative projects focused on the tokenization of real-world assets. Previously, Mark contributed to Forbes, The Huffington Post, and Business Insider, and he is the author of the book SOCIALIZED!
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