VELAR CAPITAL
Risks and limitations
Daily accrual does not mean guaranteed payment or safety of principal.
The value of digital assets is changing
Stablecoins may deviate from their dollar peg. A balance in USDT does not guarantee a constant value in regular currency. There may be losses during exchange. About the risks of deviation from the binding.
No external source of accruals is claimed
There is no external source of yield: payments come from turnover. A rate of 2.4 % per day is 876 % a year simple. With zero inflow, the day’s obligations (121.25 % of the accrual) exhaust the cash desk in 34 days; at 5 % inflow per day, in 54 days, and that is the upper bound. You may lose part or all of the amount. The terms of each operation are disclosed before confirmation.
Errors and delays may occur
The platform is under development. Accounting errors, failures and delays are possible. Estimates do not predict future payments.
COVER is an accounting account, not a reserve
COVER collects 2.5 % of the accrual in a separate treasury account. There are no payouts from it; it does not insure the principal and does not cover losses. The hash chain proves the integrity of records, not the existence of assets.
Cash horizon
At 2.4 % per day and zero inflow the cash desk is exhausted in 34 days. At 5 % per day, in 54 days; that is the upper bound. The numbers do not predict a date: they show the arithmetic of obligations.
Check the address and network
An error during the transfer may result in loss of funds. In the current mode, deposits and payments are not made to the blockchain - real transfers should not be sent. About transfers to the wrong address.
Translation is provided for convenience; The Russian version has legal force.