Prospective Protocol Inventory Management
Tokenized Staking Fund for your Protocol
Tokenized Staking Fund for your Protocol.
get startedPotential Fund Benefits
The material provided herein does not constitute an offer to sell or a solicitation of an offer to buy any interest in the fund or any other securities. Any offering of a fund will be made only in accordance with the terms and conditions set forth in the fund’s private placement memorandum or similar document (Offering Materials).
Relatively Low fees
Designed to Generate Yield and Liquidity
Open ended fund structure, denominated in USD
Tokenized Fund to be listed on security token exchanges globally
Yield paid out monthly in USD or reinvested back in fund
Fund holds your token as core holdings at qualified custodian, staked to generate yield by PM
Programmable Liquidity through select global exchanges
Ethel Point Digital Assets offers early-stage investment, asset management, treasury management to further the growth of the crypto and digital asset ecosystem
Custodian
Legal
Product Admin
Fiat Bank
Auditor
Issuing Platform
I.M.A.
Investors
Feeder Investors
Subscribe via a Feeder Structure e.g. token hub or US LLS
Direct Investors
Subscribe directly to shares in the Fund
Subscriptions
I.M.A.
Contracts
The Fund
Cayman Exempted Limited Company (ELC)
Contracts
Performance Fee Vehicle
Tax-optimized Special Purpose Vehicle that receives the Fund’s performance fee
Derivatives Program
01
We will assume control of the treasury allotted in a managed account.
02
We then begin selling options to generate premium.
03
Finally we will source multiple quotes and sell into various counterparties to achieve adoption most effectively.
Wave Digital Assets will focus on three overarching goals
Generating premium while potentially disposing position at different strikes
Creating new and stickier ways to monetize and invest in your token
Increase the interest and ability of large institutions to trade your token through new product offerings
Create Opportunities for Innovative Treasury Management
Hypothetical case study for Token X via Option Pricing1
|
Spot = $5.88
|
Call Option Premium
|
|||
|---|---|---|---|---|
|
Strike (% Spot)
|
30 day
|
60 day
|
90 day
|
180 day
|
|
$5.88 100%
|
$0.603 100%
|
$0.851 100%
|
$1.039 100%
|
$1.458 100%
|
|
$6.47 110%
|
$0.382 6.5%
|
$0.629 10.7%
|
$0.822 14.0%
|
$1.253 21.3%
|
|
$7.05 120%
|
$0.234 4.0%
|
$0.461 7.8%
|
$0.467 11.0%
|
$1.079 18.4%
|
|
$7.64 130%
|
$0.139 2.4%
|
$0.335 5.7%
|
$0.509 8.7%
|
$0.931 15.8%
|
|
Covered Call Strategy Annualized Yield
|
||||
|---|---|---|---|---|
|
Strike (% Spot)
|
30 day
|
60 day
|
90 day
|
180 day
|
|
$5.88 100%
|
124%
|
87%
|
71%
|
50%
|
|
$6.47 110%
|
78%
|
64%
|
56%
|
43%
|
|
$7.05 120%
|
48%
|
47%
|
44%
|
37%
|
|
$7.64 130%
|
29%
|
34%
|
35%
|
32%
|
- 1 The premiums shown are Ethel Point’s estimates of what prices should be available. Theremay not be demand for Token X options or a continuous market for bids on such options. No communications have been done with any counterparty with regards to Token X.
Digital Asset Lending Program
Lending digital assets to generate significant yield without losing exposure to potential appreciation.
Lending terms move fairly often with the price movements in crypto markets.
Ethel Point clients can also lend directly to borrowers such as hedge funds and miners, offering higher rates but more concentrated risk.
Lending desks aggregate capital from lenders and lend it back out to borrowers such as hedge funds and miners. They offer diversified risk and lower rates.
Other altcoins can be loaned out as well, sometimes at a premium to BTC & ETH rates, but demand for these coins is volatile.
Hypothetical
Case Study*
USD & Stablecoin can be lent out to provide considerable yields.
- The stated rates are hypothetical, and are not indicative of future performance.
|
Collateral & Counterparty
|
Open-term
|
3-mo fixed
|
6-mo fixed
|
12-mo fixed
|
|---|---|---|---|---|
|
0% Direct
|
7.50%
|
7.50%
|
7.50%
|
7.50%
|
|
50% Direct
|
5,00%
|
5,00%
|
4.50%
|
NA
|
|
100% Direct
|
3.50%
|
3.50%
|
3.00%
|
NA
|
|
0% Direct
|
9.00%
|
9.15%
|
9.30%
|
9.45%
|
|
50% Direct
|
7.00%
|
7.15%
|
7.30%
|
7.45%
|
|
10% Desk
|
5.00%
|
5.15%
|
5.30%
|
5.45%
|
Partner with Us
Bring your protocol to the next level
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How to Invest in the Ethel Point SAYF Fund
get startedServices
Our team has deep institutional experience managing third-party capital across traditional and decentralized finance, in particular venture capital, derivative, lending, and staking expertise.
In addition, we have built strong relationships with institutional service providers leveraging our blockchain and digital assets network across the world.
Treasury Management
Ethel Point’s Corporate Treasury Management services include digital asset lending programs and derivative strategies designed to capture additional yield and fine-tune risk, with a range of qualified custodians and counter-parties. Ethel Point also operates across multiple DeFi protocols for lending, borrowing, trading, yield farming, staking, and mining. Ethel Point applies our deep experience in digital asset strategies to bespoke risk managed portfolios. Ethel Point is UK COMPANY HOUSE regulated focused exclusively on digital assets, and have a fiduciary duty to protect our clients.
Learn more
Wealth Management
Your ultimate solution for digital asset portfolio management, combining custody, execution, and tailored investment strategies.
Ethel Point is a leader and pioneer in digital asset investment management. We are focused exclusively on digital assets, our offering is designed to provide the ultimate all-in-one portfolio solution for corporate and individual investors, and we have taken steps to ensure that assets are secure, growing, and generating income.
Protocol Inventory Management
Tokenized staking fund for your protocol. Programmable liquidity through fully-compliant global exchanges. We deal with all the administrative hurdles providing you the ease of use
Learn MoreInvestment Funds
Ethel Point’s investment team draws on decades of asset management expertise to offer actively-managed strategies.
