May 2021 Newsletter Recap

Hi Ember Crew,

We hope everyone has been safe and sound. Please see below for our monthly updates.

📱 Company & Product Updates:

With mining fees coming down,

minimums have been lowered to $500

on our newest portfolios!

USDC lending

is coming to the Quant! More details to come!

We’re excited to announce the addition of a new member in our investment/finance team at Ember.

Welcome Harsharn!

Harsharn has an impressive background starting his career in investment banking at Wells Fargo, then various startups, and most recently at a $800M long/short hedge fund. Harsharn is a recent MBA graduate from the Wharton School of the University of Pennsylvania.

Ever want to mine BTC? The team is working on a new feature which will be announced in the coming weeks. 🚀

🔥 Milestones:

We’ve completed the smart contracts that power our next generation of yield farming products! More to come in the following weeks.

📊 Fund Performance:

The Quant -

 

"Sometimes the best strategy is not to play. The algo exited bitcoin on May 12th at $55,700 and a week later bitcoin went down as low as $30,681..." click

for the detailed fact sheet & outlook.

Marius 5 S-Tier -

"This lull will probably last for the rest of June and we can then finally see pumps coming back in July when EIP-1559 and Optimism arrive..." To continue reading, click

for the detailed fact sheet & outlook.

Indexes -

"After hitting record highs in May, ETH experienced a price crash representing a nearly 60% loss in value..." To continue reading, click

for the detailed fact sheet & outlook.

Please email us if you have any questions. 🙏

Warmly,