Granite Fund
Last updated
Last updated
The Granite Fund is Elemental's flagship USDC fund, designed to offer the highest capital-protected, risk-adjusted returns for investors.
As an actively managed fund, Granite generates returns primarily through yield farming and arbitrage opportunities on Solana DeFi, operating 100% transparently on-chain. With fixed yields that represent true yields, Granite offers a simple and transparent investment option without any hidden fees or costs. The fund auto-compounds a portion of its gains, enabling it to grow its annual percentage rate (APR) over time. With a constant stream of income, Granite provides investors with the opportunity to earn passive income on their USDC holdings.
Drawing inspiration from a stone that is fundamental to the earth’s core, the Granite Fund stands as the cornerstone of Elemental.
Key Risk: Various stablecoins depegging, oracle issues, protocols getting exploited.
Fund Manager: P2 Moo (https://twitter.com/player2moo)
Element: Earth
Base Token: USDC (EPjFWdd5AufqSSqeM2qN1xzybapC8G4wEGGkZwyTDt1v)
APR Type: Fixed
Capital Protected: Yes
Insurance Coverage: Partial
Access: Requires NFT
Deposit: 1000 USDC per NFT
Maximum Fund Capacity: 30,000 USDC
Withdrawal Period: Minimum 1 epoch and at the end of each epoch only. 1 epoch = 5 days.
