PECULIUM TOKEN BURN
Period : April 2019 — October 2019
If you have been with us right from the beginning, you may have already witnessed a couple of previous token burns we’ve made. The main reason why a cryptocurrency is burned is to decrease the overall amount of tokens in circulation. It drives up the demand, and thus the value.
PCL tokens have a limited supply. On a quarterly basis we will perform a token burn as discussed in the previous post that you can read here. For this, we will start to burn 25% of all PCL-Tokens collected through fees by our AIEVE-Products from April 1st to October 1st.
A detailed list of the PCL collected per month is shown here :
Tx Burn October 2019 : https://etherscan.io/tx/0xe1eced7c56094a5e8e0c4ec3f12f687d9e85e4c2fb9607264c3ec5444268ab34
A brief comment from us about the Aggressive Risk Profile:
The Aggressive Risk profile has been used by many clients who thought, choosing an aggressive mode will make them more money. This seems to have been misunderstood by some of our customers. In the onboarding process, the user is asked questions that determine which risk profile the portfolio is evaluated and will be working on. Only 32% of our users have an aggressive profile recommended by AIEVE but we hold more than 55% of the portfolios in aggressive due to users changing their profile. The questions are designed to determine the best possible risk profile for each user. We advise everyone to take AIEVE’s recommendation on the risk profiles!
Global figures, customers & AUM: 1 264 697,951
We will reduce the aggressive risk profile without this risk becoming moderate, it is necessary to find the right balance and this is what we are looking for at the moment.
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