USDC FLEX (yield in esUSD)

CurrencyRedemptionYield Payment

Anytime

In Real-Time, by the second

Product Info

Expected annual income of the product (APY)

Yield payment

In streaming, by the second

Product type

Flexible

Can be redeemed

Anytime

Minimum Investment

5000 USDC

Investment type

Short term deposit

Asset Manager

Ephelia Capital Sagl

Digital Currency Provider

Ephelia Corporate (ITA) Srl

Income description

The funds raised from this product will be invested in CeFi and DeFi platforms by Ephelia Capital Asset Management. The investment strategy takes into account comprehensive factors in CeFi and DeFi platforms including the risks, benefits, convenience and security.

Yields from the CeFi and DeFi products will be converted to USDC by Ephelia Capital Assets Management as real yields of this product and distributed to users holding the product, net of related expenses.

Risk statement

  1. Investing in early innovative smart contracts in the DeFi field, could incur in technical risks that may lead to asset loss.

  1. Changes in reward distribution rules may lead to a decline in returns.

  1. If USDC loses its peg with the U.S. dollar, revenues from the strategy may not cover the loss in US dollars of the invested amount.

  1. The expected yield is not guaranteed and can change during the duration of the investment in a Flexible product.

Rules Description

Calculation on investment income

The investment income will be paid in esUSD.

You have the option to convert your esUSD at any time, with no cost with USDC.

For example, if you have invested in USDT, your income will be delivered in esUSD – a stremable currency. You can easily swap esUSD to USDC at any time without incurring any charges.

Payment of the Investment Income

Unless the customer expressly requests to be paid in $STREAM, investment income will be paid in kind, using the same currency in which the customer has invested.

As crypto assets are not inherently streamable, if you have invested in a non-streamable currency (such as USDC), Streamable Invest will provide your income as a wrapped version of the asset.

You have the option to unwrap your str-Currencies at any time, with no cost, and in a 1-1 ratio with the original asset within Streamable Invest or Streamable Finance (www.streamablefinance.com) by simply clicking a button.

For example, if you have invested in USDC, your income will be delivered in strUSDC – a wrapped version of USDC. You can easily unwrap strUSDC to USDC at any time without incurring any charges.

Flex product redemption and income payment

There is no fixed maturity date for the Flex products.

These products will only be redeemed when the user actively requests for redemption and the redemption will be conducted accordingly to the relevant processing period of redemption.

Users can increment or decrement their investment in a Flexible product at any time.

The income stream will be adjusted to the new invested amount following any top-up or withdrawal.

Rules and regulations for redemption

When submitting a redemption request for a Flexible product, the user is not required to redeem each allotment of the capital that he/she has successfully placed in each investment previously one by one.

After a user submits a redemption request, the system will calculate the processing time regarding the redemption of the relevant product based on the redemption period of the product. The day the user submits for redemption will not be counted as the processing time or redemption.

Streamable Invest will transfer the capital into the user’s account (“My balances”) in Streamable Invest the next business day after the redemption period.

Immediate liquidation of the investment

Streamable Invest can interrupt the payment of the income stream at any time without notice in case of any force-majeure event.

In this case, Streamable Invest will do everything possible to secure the invested funds and return them to users invested as soon as possible.

Investment top-up and withdraw

If you are investing in a Flexible product, you can top-up your investment (adding funds) or withdraw from it anytime. If you change your investment amount, the yield will be re-calculated and continue accruing as a stream. The minimum top-up and withdrawal amount for this product is 5000 USDC. You can top up or withdraw less than the minimum amount by paying a 50 USDC fee. The fee will be deducted from the top-up or withdrawal amount.

Yield Payment Options and Boosts

Boosted yield

If a user holds a U.S. dollar value amount of $STREAM tokens that is equal or greater than 10% of total invested assets in Streamable Invest, hi/her yield is boosted.

Example: user invests 1000 USD in three different strategies each, totalling 3000 USD invested. If user holds at least 300 USD worth of $STREAM tokens in their balance, their investment receives a boosted APY yield.

Streamable Invest adjusts the payment flow using the average value of the user's assets daily.

Yield paid in $STREAM

Users can decide to be paid in $STREAM to receive an additional boost on their received yield, even if their yield it is already boosted by the holding of $STREAM token.

Streamable Invest adjusts the payment flow using the average value of the user's assets daily.

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