Midas.Investments (“Midas” or “the Company”) houses a “CeDeFi” ecosystem for passive income and wealth generation. Midas was launched in 2017 and has undergone multiple pivots, ultimately leading to the launch of the most transparent yield platform in the CeFi market, supported by DeFi yields.
Midas’ mission is to create the investment platform of the future which combines the best of the CeFi and DeFi ecosystems: the simplicity and accessibility of CeFi with the transparency and innovation of DeFi. Midas’ core value is transparency, reflected by our monthly investment reports and the creation of fully transparent, on-chain CeDeFi strategies. Our platform offers a variety of investment products, including fixed yield strategies, automated portfolios, and CeDeFi strategies, all of which were purposefully structured, built on-chain, and managed by the team of DeFi experts, all of which provide users with a plethora of opportunities in DeFi.
The Midas token (“MIDAS” or the “token”) serves as the utility token for Midas’ platform and governance token for upcoming Midas DeFi protocols. MIDAS, originally launched in September of 2018, was a PIVX fork with afair distribution amongst its first users. In 2021, MIDAS migrated to the Fantom blockchain (coinciding with Midas’ pivot from the masternode space to the CeDeFi space), and then finally migrated to the Ethereum (ERC20) blockchain in November 2022.
The single source of emission for MIDAS is via staking, which users may participate in through centralized and decentralized manners. Through staking, Midas’ team ensures a steady distribution of the token in a healthy manner without significant increases in the token’s supply.
MIDAS token represents the pinnacle of . Midas aims to create an infrastructure for bridging DeFi protocols constructed by hundreds of talented teams to anyone in the world less the complexity of onerous DeFi management. Besides partnering up with protocols to create structured products for Midas’ users, Midas plans to establish a DeFi protocol where token holders (including other DeFi protocols) may present their structured proposals for tokenized CeDeFi strategies and partnerships for MIDAS’ community voting. This process allows for MIDAS to establish the core utility of building a community-centric, asset management platform.
