Thread by @CrossChainAlex

🧵 Here's how I make 43% APY on $USD (and my $EUR, $ETH and $BTC) by utilising a fully regulated brokerage service called #Freeway. Perfect for bear markets and I personally believe it is safer and with a better R:R than e.g. $UST on #AnchorProtocol or $USDD on #TRON. 1/20

❗ This is my own research presented in an objective manner. I include a few of my own opinions. Not financial advice, do your own research, be aware of the risks. Learn about #Freeway here (referral link, but using it boosts your rewards by 2%):

app.freeway.io/ref/fw10f3f9b9 2/20

📜 Background: founded in 2017 as #AuBit, rebranded to #Freeway. Global team of 40+. Formally registered operations registered in Greece, UK, and Germany (prime brokerage), Estonia (licensed virtual currency exchange), and Seychelles (business operations). 3/20

👨‍⚖️ Risk analysis: #Stablecoins like $UST and $USDD face de-peg and hack/smart contract risk. #Freeway $USD and $EUR deposits are placed in regulated brokerage accounts, i.e. held in fiat currency and so theoretically do not face these risks and are protected by regulations. 4/20

📊 Returns: The #Freeway superchargers offer up to 43% APY on $USD, $EUR, $BTC and $ETH. Note that the superchargers themselves are unregulated as my they are simulants backed by the funds held in the regulated prime brokerage account. 5/20

🔋 Additional superchargers: as per above image, as well as 43% APY superchargers for #Bitcoin, #Ethereum, $USD and $EUR they also offer 21.5% APY on $BNB, $ADA, $DOT and $XAU (#gold). I think adding more in the future too. They all work the same as detailed below. 6/20

🧐 Is it a Ponzi? Funds held in #EU regulated #Freeway brokerage account. Can only be used for client withdrawals. Borrow against funds and licence #quant strategies (#forex, #crypto etc.) with 5-year record of 50%+ annual returns. Keep buffer of funds for extra protection. 7/20

🧑‍🤝‍🧑 Social finance: effectively they are opening up elite #hedgefund strategies to the masses with 80% of the aforementioned trading returns redistributed to holders. That's where returns come from and these will be audited. Find out more here:

app.freeway.io/ref/fw10f3f9b9 8/20

❓ How rewards work? Base rate is 20%. Boost +10% with a rolling 30 day lock on deposits. Buy and stake native $FWT token (5% $USD value vs. your deposits) for +10% boost. Follow the newsletter for +3% (further social boosts incoming up to +10%). 20% + 10% + 10% + 3% = 43%. 9/20

💰 How are rewards paid? Daily; 0.098% x 365 days = 35.78% (APR), compounded daily for 43% APY. Boosted to 50% soon via additional social engagement criteria. Rewards auto-compound in native currency of your supercharger(s) $BTC, $ETH, $EUR, $USD etc., track via dashboard. 10/20

🪙 $FWT token: native token used for staking to boost rewards. Launched back in 2020. Price steady. 85% of circulating supply is staked. I think as more people wise up to #Freeway buying and staking $FWT is not a bad move regardless, so may offer longer term upside. 11/20

🤗 Onboarding. Choose supercharger, lockup period, and amount and add to basket. Follow the instructions to pay (via crypto with credit and debit card payments coming soon). For max boost, buy/stake $FWT via the dashboard and sign up to newsletter:

app.freeway.io/ref/fw10f3f9b9 12/20

🔒 Safety of funds: funds held in #Freeway brokerage account (under strict EU regulations, e.g. client fund segregation requirements). Funds borrowed against this money to generate returns which are paid out to the superchargers. Further protection/insurance planned. 13/20

💻 Security of tech: superchargers are unregulated as they "simulate" virtual tokens. So there is theoretically nothing to hack. #Freeway have partnered with Steady State to protect at the one point of potential tech exploitation - at the point where funds are deposited. 14/20

💑 Team: team of over 40 with most senior management based in the UK. Strong financial markets experience from the likes of Goldman Sachs, Morgan Stanley, IBM, Fidelity, Credit Suisse, Google, HSBC and Prudential. Check LinkedIn below:

linkedin.com/company/freewa… 15/20

📈 Stats: currently over 20,000 users, $150m in AUM in the superchargers, and 85% of $FWT circulating supply staked. Very well established with decent AUM. They say they can maintain the 43% returns up to $250b in AUM, so some way to go. Join here.

app.freeway.io/ref/fw10f3f9b9 16/20

⚠️ Risks: #stablecoin de-peg and hack/smart contract risk should be minimal. But this still faces all the same risks of traditional regulated investment vehicles such as trading risk, loan defaults, centralized control etc. #DYOR and make sure you understand the risks. 17/20

🚀 The future: they are planning on launching a #Freeway spend account to bring every day banking services and additional rewards, including bank transfers for deposits and withdrawals, a virtual debit card for every day spending, and additional rewards on your spending. 18/20

🔗 Links: find our more about #Freeway and $FWT here:

🌐 app.freeway.io/ref/fw10f3f9b9
🐦 @FreewayFi
📩 t.me/FreewayFi_Anno…
🖋️ medium.com/aubit

#NFA #DYOR #Passivelncome #DeFi #AnchorProtocol $UST $USDD #Stablecoins #Stablecoin #Bitcoin #Ethereum 19/20

If you found this interesting, check out my thread on #YieldNodes, a higher risk strategy I use to generate around 90% APR on #stablecoins. Thanks for reading. Just my research, not financial advice, do your own research, understand the risks!

https://twitter.com/CrossChainAlex/status/1521433300564418561?s=20&t=JkYLNReN9JImytypHeKk9A

20/20