How much will I earn?
Earnings are varying as we cannot promise any returns, and guaranteeing specific amounts is challenging. For crypto mining, earnings depend on the device that's running and various factors. Typically, base earnings for devices range from 2% to 10% a month. As for liquidity farming, it's difficult to provide exact figures, but our goal is to achieve returns between 5% to 10% a month.
When considering potential earnings, it's crucial to understand that our primary focus is on mitigating market risk and safeguarding against losses, especially in volatile market conditions such as bear markets. Our overarching objective is to utilize strategies that have a proven track record of minimizing risk while maximizing exposure to stable coins.
At The Elite, we prioritize the safety of our investors' funds above all else. Therefore, we dedicate our efforts to implementing robust risk management techniques and hedging strategies. By doing so, we aim to provide our users with peace of mind and confidence in their investment journey.
Additionally, we recognize the importance of diversification and prudent asset allocation. While our focus is on stable coins to minimize risk, we also allocate a portion of our portfolio to blue-chip assets such as BTC and ETH. These assets have demonstrated their resilience and longevity over the past decade, and we believe they will continue to do so in the future.
We steer clear of speculative and high-risk "degen gambling" coins, prioritizing assets with strong fundamentals and long-term potential. This approach allows us to strike a balance between stability and growth, ensuring that our users' investments are positioned for sustainable returns over the long term.
In traditional finance, earning 5% a year is considered an achievement. However, in our protocol, we aim for a goal of earning more than 50% APY. It's important to emphasize that this is a goal, not a guarantee or promise by any means. What we can promise is that your money will be safely treated like a bank account, allowing you to withdraw it safely at any time.
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