Not a back-test or a simulation. This proof-of-ability involved real money and an actual implementation of Him Gajria's strategy. Radical was an on-chain investment fund set up with private capital to prove our manager's competence. The experiment ended exactly a year later with $1.5M, on an initial investment of $70K, returning 18x. While 1 year is not long enough to witness someone's competance in the markets, Radical has now converted into a more formalised structure, forming εquation, where we will continue to prove our ability.
Disclaimer: Past performance is not indicative of future results.
The fund invested in Ampleforth. Which returned 745% in the span of 8 months.
Cause/s: Tether controversy & lawsuit + Need for a detached decentralised stablecoin + Market's yearning for "the next Bitcoin".
Effect: Ampleforth was established as the only detached supply elastic 'stablecoin' at the time, catering to the above causes.
The fund invested in Ampleforth. Which returned 745% in the span of 8 months.
Cause/s: Tether controversy & lawsuit + Need for a detached decentralised stablecoin + Market's yearning for "the next Bitcoin".
Effect: Ampleforth was established as the only detached supply elastic 'stablecoin' at the time, catering to the above causes.
The fund invested in Ampleforth. Which returned 745% in the span of 8 months.
Cause/s: Tether controversy & lawsuit + Need for a detached decentralised stablecoin + Market's yearning for "the next Bitcoin".
Effect: Ampleforth was established as the only detached supply elastic 'stablecoin' at the time, catering to the above causes.
The fund invested in Ampleforth. Which returned 745% in the span of 8 months.
Cause/s: Tether controversy & lawsuit + Need for a detached decentralised stablecoin + Market's yearning for "the next Bitcoin".
Effect: Ampleforth was established as the only detached supply elastic 'stablecoin' at the time, catering to the above causes.
The fund invested in Ampleforth. Which returned 745% in the span of 8 months.
Cause/s: Tether controversy & lawsuit + Need for a detached decentralised stablecoin + Market's yearning for "the next Bitcoin".
Effect: Ampleforth was established as the only detached supply elastic 'stablecoin' at the time, catering to the above causes.
While Radical has officially closed, fund management operations have officially moved to εquation.
Disclaimer: Past performance is not indicative of future results.