Introducing Precog.finance
Investing and trading have seen great changes over the past decades. The speed at which markets are moving has been drastically altered due to more connectivity through the Internet and increased computation. Secondly, the introduction and popularization of cryptocurrency has created a new and chaotic online market with many opportunities. This environment is giving rise to increasingly complicated and fast-paced trading methods. Precog.finance aims to take advantage of these new opportunities using sophisticated and automated arbitrage strategies for Bitcoin and altcoins and their derivatives, including futures.
The current cryptocurrency market loosely resembles the (fiat/national) currency markets as well as the stock/derivatives markets of a century ago. Technologies are developing quickly, allowing for faster, smoother, more scalable and more secure trading, investing, lending and hedging. However, given that the blockchain technologies, digital assets, exchange venue & protocols and earning opportunities are so quickly increasing and evolving, opportunities to exploit inefficiencies and inaccuracies present themselves.
Yearn finance is one of the great success stories in DeFi — it has made it easier for crypto lenders to earn optimal yields by providing a sophisticated smart contract that would essentially automate the “farming” process for investors. Its performance cannot be understated, given the progress of a $200k market cap to almost $2 billion in less than a year, according to Coingecko.
The success of Yearn helps illustrate the power of smart automation in generating huge profits in yield farming — just one niche of DeFi.
This indicates the possibility that there are countless other profitable opportunities that arise from inefficiencies not just in yield farming, but also across digital assets traded in a multitude of platforms. These opportunities increase exponentially with the emergence of derivatives of these assets, which are also subject to inefficient pricing across multiple protocols and exchanges. Moreover, a virtually endless supply of newly created assets and derivatives, new trading venues, and changing market conditions in the DeFi arena create a similarly endless abundance of lucrative trading opportunities to exploit.
Introducing Precog.finance
Precog.finance is a new institutional-grade financial platform custom-built for sophisticated trading strategies that not only trade profitably across assets and derivatives such as Bitcoin futures, but do so using a low-risk arbitrage approach. Similar to Yearn Finance automating yield farming, Precog.finance will be the bridging platform that allows the volumes of investors looking for high returns to take advantage of crypto markets pricing inefficiencies. However, our opportunity is better. Why is this? The Precog.finance arbitrage algorithms are far broader and more sophisticated, the profit model is more prolific, and the frequency and size of trade profit opportunities are much larger.
Learn more today: https://precog.finance/ or contact info@precog.finance
