Bidya logo
  Crypto Coin Prices and News  

ERSDL Price   

Cap | Volume | High | Low | Old | New | Rare | Vs | Blockchains | Exchanges | Market | News | Dev News | Search | Watchlist
ERSDL

UnFederalReserveToken  

#ERSDL

ERSDL Price:
$0.00573
Volume:
$111.3 K
All Time High:
$1.76
Market Cap:
$2.5 M


Circulating Supply:
439,629,282
Exchanges:
6
Total Supply:
454,278,599
Markets:
6
Max Supply:
Pairs:
6



  ERSDL PRICE


The price of #ERSDL today is $0.00573 USD.

The lowest ERSDL price for this period was $0, the highest was $0.00573, and the exact current price of one ERSDL crypto coin is $0.00573280.

The all-time high ERSDL coin price was $1.76.

Use our custom price calculator to see the hypothetical price of ERSDL with market cap of ETH or other crypto coins.


  ERSDL OVERVIEW


The code for UnFederalReserveToken crypto currency is #ERSDL.

UnFederalReserveToken is 1.9 years old.


  ERSDL MARKET CAP


The current market capitalization for UnFederalReserveToken is $2,520,306.

UnFederalReserveToken is ranked #742 out of all coins, by market cap (and other factors).


  ERSDL VOLUME


There is a medium volume of trading today on #ERSDL.

Today's 24-hour trading volume across all exchanges for UnFederalReserveToken is $111,262.


  ERSDL SUPPLY


The circulating supply of ERSDL is 439,629,282 coins, which is 97% of the total coin supply.


  ERSDL BLOCKCHAIN


ERSDL is a token on the Ethereum blockchain.


  ERSDL EXCHANGES


ERSDL is available on several crypto currency exchanges.

View #ERSDL trading pairs and crypto exchanges that currently support #ERSDL purchase.


  ERSDL RESOURCES


Websitewww.unfederalreserve.com
Whitepaperwww.unfederalreserve.com/docs/Residual_Token_White...
TwitterUnfederalreser1
Redditr/unFederalReserve
Telegramunfedres_staking
Discorddiscord.gg/unfederalreserve
Mediumunfederalreserve


  ERSDL DEVELOPER NEWS



unFederalReserve Update: Dev Progress, 3rd Open Market Purchase, Roadmap 2022

Dear unFederalReserve Agents and the $eRSDL community, There has never been a more exciting yet challenging time for the digital asset industry. The broad market de-valuation of risky assets is surprisingly not the result of a crackdown from regulators, but a combination of central bankers’ moves to purposely slow the economy, nagging post-COVID supply chain issues and the Ukrainian-Russo War. While specific crypto regulation hangs like a sword of Damocles over the industry, the reality is that most bona fide projects are playing within the rules of the system or at least trying to behave. There are systematic challenges fitting the square peg of crypto into the round hole of traditional asset handling, but from where we sit, if you try to do the right thing, the regulators will work with you. There are still, unfortunately, scores and scores of rugpulls, false projects, scammers and paid-marketers (and market makers) creating hype-driven, meme projects, and LARPing founders doing what they can to extract value from naïve investors. If you are new to crypto, take 1 YEAR and study the space (e.g. the tech, the terminology, the players, the news). Keep in mind that centralized exchanges that derive revenue from trading are still compelling projects to hire market makers to create artificial volume, as they themselves, lever up to create fake volume. Be warned, trust but verify, and remember that every TG message, CT action, 4chan, Reddit or Discord post is someone trying to make money and that “doing your own research” has never been more critical. With that in mind, as long as you do not get over your head, have fun and enjoy a front row seat for innovation, creation and the future of everything. There are more positive things about the industry to get excited about than there are challenges at this point. Infrastructure and commerce are moving blockchain technology from bench-test to real world applications. The entities that embrace it are going to win, and the one’s that ignore it will go the way of the dinosaurs. Enjoy the ride. ~ Howard Krieger, co-Founder and CEO — 2022 Roadmap Update - Below are the by quarter tasks we wanted to see complete in 2022, and as we round out the 3rd quarter, let’s see where we stand! Here is a link to the original Roadmap 2022 article put out in January. ReserveLending+ Overview: RL+ will be a permissioned version of ReserveLending (RL) for use by KYC’d institutions only, custodied by a Host broker-dealer, leveraging information about product, rates and usability obtained from other institutional DeFi programs, and our discussions with major KYC partners. This is the next RB2B waypoint. Create permissioned core unContracts (the “Core”) — COMPLETE, Create a username/password 2FA interface — COMPLETE, Build out ReserveLending+ UI experience — COMPLETE, Partner with a broker-dealer to custody the Core — COMPLETE (we partnered with Aegis Trust Company), Market to KYC’d entities through strategic partnerships with KYC partner platforms. -ONGOING (to date we have 3 or 4 entities signed up with our banking partner (NextBank), and I expect it will take 12 months or so to get them over to self-custodied DeFI given the pace of adoption, market demand, benefit to their business and market conditions), ReserveLending Overview: ReserveLending (RL), a decentralized P2P (“DeFi”) protocol that allows crypto holders of certain tokens to Deposit, Earn and Borrow. Calibration of stablecoin interest rate models to align with defirate.com metrics-COMPLETE (Thank you Duke Togo for your help achieving this groundbreaking result.), Collateral factor review and, for vote, possible adjustments-COMPLETE, Maintenance, debugging and further documentation-COMPLETE, Continued evangelism of market leading APYs-ONGOING, ReserveFunding Overview: ReserveFunding (RF) is a DeFi to TradFi platform that allows cryptowealthy, U.S. citizens to participate in 506(c) alternative investment opportunities without having to sell their crypto. Our first fund, Atipana, was filled in December, and our new splash page encourages guests to select the types of funds in which they are interested, and allows funds to sign up to be considered for listing! Gathering marketing data on selected fund types — COMPLETE (result was inconclusive regarding which funds to target. ESG investment did not come up as a priority amongst Crypto HNWs, and more interest was placed on shorter lock-up periods and higher returns than the nature of the investment itself.), Creating fund acquisition pipeline from RF entrants-COMPLETE (we have onboarded ReserveFunding Series II and Trivium2, a direct feeder fund to the Alumni Venture Group. 3 other commercial funds and possibly up to 5 crowd-funding opportunities are in the wings. We will see how the two posted offers do before overloading the platform with more stuff.), Maintenance, debugging and further documentation-COMPLETE, Expand Atipana Opportunity Fund to first TradFi vault-OPEN (timing is likely late fall, but this is in the mix), Design Percent® Aggregator interface per MOU (Memo Of Understanding) allowing users to invest in all Percent® deals-COMPLETE (but not in a good way, lol. Percent indicated as the market was collapsing that they did not have a digital asset strategy nor did they intend to incorporate this into their development roadmap anytime soon. This is understandable given the success they’ve had in other areas and the persistent uncertainty from some market participants regarding the ability to make an offer available but not solicit investment, underwriting the source of funds and general stigma that comes with accepting this asset class. It won’t stop all from trying, thank goodness, but it stopped these guys!), RB2B Overview: Similar to RL+, RB2B is for permissioned entities. Unlike RL+, RB2B will be a collateral-less ‘cash v credit’ spot market for institutions that will require not only underwriting for compliance but also to determine credit limits. Please note this time frame is dependent upon the adoption of RL+, market conditions and many other factors. Design a collateral-free #DeFi version of RL+ -COMPLETE (the design is down on paper but not built), Develop credit underwriting process (or partnership) -OPEN (but not a heavy ask), Negotiate supply-side line of credit with Galaxy Digital -OPEN (but they are just waiting for the first two pieces to be complete. Great relationship with those guys., — Development Update - We are negotiating deals with three counterparties to license ReserveLending’s core to supplement their trading and staking platform. So, why would an exchange wish to license ReserveLending’s core? Money. Spot exchanges, staking apps and trading tools are all good for immediate transaction volume, but the folks that use those tools need a place to park their assets. Traders also like the option of leveraging, as opposed to selling, their positions to maximize their capital base. Our permission-less app works extremely well with other permission-less spot trading platforms. The first counterparty is Bancor. Their DAO will determine whether we move forward, but if agreeable, a version of ReserveLending in Bancor’s livery will be made available and cross-promoted by the exchange. The combination of our margin lending protocols and the ability to swap or invest allows for the following type of activity: From our proposal: “Our retail product will allow Bancor users the following capabilities: 1) Deposit and earn interest on tier 1 tokens … 2) Borrow at reasonable rates of interest … 3) Not get caught in liquidity traps like centralized lenders Celsius, Nexo and BlockFi … 4) Allow users to margin borrow to leverage up using a combination of Bancor/BancorDEFI (our tentative suggested name for the product) … 5) Short trade by supplying one asset, borrow the asset to be shorted, and swapping that asset for a stablecoin using Bancor … 5) pay-off loans using existing currency by using Bancor to convert the currency borrower before paying off the loans.” The other two entities are an extant staking site with close to 10,000 users and trading tools application that has also served thousands of traders with unique, permission-less capabilities similar to a traditional, self-directed brokerage. The lift from our side is simple because it involves new front-ends wrapped around the existing core. So multiple platforms all leveraging the same liquidity pools through different front doors. The last piece, of course, is ReserveDAO, and I encourage folks to get caught up on the happenings there. This roadmap update is centered around unFederalReserve’s progress. — 3rd Open Market Purchase - On Wednesday, September 23rd, we successfully completed our 3rd open market purchase. This purchase was made by advancing funds from corporate’s Treasury and will be reimbursed by reserves from ReserveLending. This purchase was made in accordance with our LaaS model. The amount of $eRSDL purchased was about 1 million tokens. These tokens will be held in the Treasury for processing, and we will inform the community when they have been sent to the burn wallet. This brings the total eRSDL purchased out of the market under the open market purchase program to approximately 6.6 million or 1.46% in supply removed from the market through either burning on storage in corporate Treasury since the program’s inception in last 2021. We will continue to perform quarterly exercises similarly using licensing fees earned for the software and our know-how. About Residual Token, Inc. dba unFederalReserve In business since 2018, Residual’s team of former bankers, technologists, and compliance professionals have been exploring ways to make crypto lending and borrowing markets safer and traditional markets more efficient. They currently have in development a handful of blockchain-based software available for license. Its flagship product, ReserveLending, allows permissionless access to crypto holders to deposit, earn and borrow top digital assets safely, efficiently, and effectively for cash management, hedging, or speculative purposes. 🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊 Although the material contained in this website was prepared based on information from public and private sources that Residual Token, Inc. d/b/a unFederalReserve believes to be reliable, no representation, warranty or undertaking, stated or implied, is given as to the accuracy of the information contained herein, and Residual Token, Inc. expressly disclaims any liability for the accuracy and completeness of information contained in this or any article. This article, our website, social media posts and other public forum materials are distributed for general informational and educational purposes only and is not intended to constitute legal, tax, accounting, or investment advice. The information, opinions and views contained herein have not been tailored to the objectives of any one individual, are current only as of the date hereof and may be subject to change at any time without prior notice. Residual Token, Inc. does not have any obligation to provide revised opinions in the event of changed circumstances. All investment strategies and investments involve risk of loss. Nothing contained in this website should be construed as investment advice. Any reference to an investment’s past or potential performance is not, and should not be construed as, a recommendation or as a guarantee of any specific outcome or profit. Any ideas or strategies discussed herein should not be undertaken by any individual without prior consultation with a finance, tax or legal professional for the purpose of assessing whether the ideas or strategies that are discussed are suitable to you based on your own personal objectives, needs and risk tolerance. Residual Token, Inc. expressly disclaims any liability or loss incurred by any person who acts on the information, ideas or strategies discussed herein.




Residual Token Inc.

Residual Token Inc. ($eRSDL) Merges Decentralized Finance with Traditional Finance, A Whole New Way to Bank - VERONA, NEW JERSEY, July 12, 2022 (GLOBE NEWSWIRE) -- Major centralized crypto-for-fiat lenders have failed due to price driven liquidity crises. Other crypto-for-fiat lending solutions exist that do not face similar risk. Pool-to-peer (“P2P) lending platforms do not have the same liquidity requirements as centralized lenders, because all borrowing is over-collateralized. And when that is not enough to mitigate the risk of loss, liquidation bots are ever present to clean up most of what’s left. - The driver of the centralized lenders liquidity crunch is cost. Centralized crypto-lending’s costs are its greatest flaw, and bull markets tend to cover that flaw up very well. Costs for them start at the beginning. The customer acquisition funnel, from borrower prospect to funded loan, does not have a lot of prospects to feed in at the top. Unfortunately this is due to the newness of the crypto-lending landscape, and there are a limited number of people that fit the criteria. There is no inexpensive way to directly market as one can in other types of lending. - Oddly enough, costs of capital for centralized lenders are higher on crypto-backed loans than current unsecured lending rates. Securing and then hypothecating collateral is a tactic used by centralized crypto-lenders to offset these costs. With P2P lending, the borrowers’ APY is what sets the interest rate for the lenders. There is little to no overhead, so all the traditional costs backed into centralized lender rates do not exist in the world of P2P. - If and when proper and reasonable hedging options, a broader lending base and reasonable baseline costs of capital can stabilize and normalize centralized crypto-for-fiat lending, collapses like we saw recently should become scarce. In the meanwhile, safer depositing, earning and lending comes in the form of pool-to-peer DeFi. - A New Form of Custody and the Role of Banking - Traditional custodians control risk by holding customer assets and then moving those assets upon client instruction only. Execution risk is present and, as we recently learned with Coinbase’s SEC filing, a custodian’s insolvency may result in held assets being treated as assets of the insolvent entity. P2P offers a solution here as well. - ReserveLending+, the P2P flagship institutional product of tech entrepreneur Howard Krieger’s unFederalReserve, is a fork of the popular Compound protocol. Non-custodial in nature, asset holders never relinquish control, but a custodian still plays a crucial role. Rather than hold customer’s assets, Aegis Trust Company, a qualified custodian, participates as a signer within the smart contracts governing the platform itself. By requiring that changes be approved by the custodian, a major attack vector for P2P platforms is mitigated. - “From our first conversations, we recognized that Aegis is special,” said CEO of Residual Token, Howard Krieger, “We are grateful that the Aegis Custody team took the time to understand our needs and craft an arrangement that creates, in our opinion, a best in class method for safe, U.S.-based company pool-to-peer lending.” - The incorporation of a custodian in the product’s core trunk provides protection without adding inefficiency. The same construct can be incorporated into any non-custodial crypto lending platform today. - Serra Wei, founder and CEO of Aegis Custody, aimed for her startup to become the go-to digital asset custodian in the U.S., Hong Kong and Singapore. “DeFi enables asset transactions to become frictionless. Moreover, assets are made more liquid on blockchain,” she said. - In addition, the ReserveLending+ only accepts users who are customers of unFederalReserve’s banking partners, NextBank, International (“NextBank”), a Puerto Rican IFE bank. NextBank operates under the laws of the Commonwealth of Puerto Rico. NextBank is licensed under Act 273 by the Office of the Commissioner of Financial Institutions (OCIF), and currently offers concierge banking services and lending products to successful entrepreneurs and companies. - Alternative Investments Turn to Crypto For New Capital - ReserveFunding, unFederalReserve’s alternative asset to crypto high net worth individual bridge allows qualified individuals to invest in private deals without having to liquidate their digital holdings first. The latest fund to take advantage of this new channel, is Trivium2, a self-described, “... three dimensional fund of funds.” Along with Atipana Capital before it, Trivium2 seeks to leverage the efficiency of on-chain data transfer while providing non-Ethereum correlated returns to folks currently holding crypto with those diamond hands. - Trivium2 is a direct feeder fund into the Alumni Ventures Group, globally the most active VC fund today, participating in a variety of crypto-related projects. - One of the ways another alternative fund, ReserveFunding - Series 2 (“RFS2”), is raising capital is by offering to recognize a token’s value at a much higher valuation than current market prices. In this case, RFS2, will make distributions on a pro rata basis to all LP unit holders assuming a price for eRSDL of $0.50/token versus its much lower observed price. This contribution structure is used by other funds for other types of non-fiat currency assets, but this method is one of the few times we’ve seen it used in crypto before. In essence, the fund is saying the contributed asset is worth well above what the market currency considers. The investor is guaranteed pro rata distributions based on the higher declared value, and will be entitled to a greater share of the distributions than the market value would imply. It is expected that more low volume, low market capitalization projects will attempt something similar in the future. - Buying A Bank Just Became Easier - ReserveDAO is one step closer to buying a bank. The recent community vote locked in GovernorDAO (“GDAO”) as provider of the rails for the initial funding round and sale of RSRV. The RSRV governance token will not be yield generating, but will provide access to yRSRV, a soon to be generated yield token produced by an affiliated foundation in conjunction with the mission of ReserveDAO. The DAO will then, in turn, focus on purchasing a bank or making a strategic preferred equity investment into a U.S. Treasury chartered bank. - About Residual Token, Inc. dba unFederalReserve - In business since 2018, Residual’s team of former bankers, technologists and compliance professionals have been exploring ways to make crypto lending and borrowing markets safer and traditional markets more efficient. They currently have in development a handful of blockchain-based software available for license. Its flagship product, ReserveLending, allows permissionless access to crypto holders so that they can deposit, earn and borrow top digital assets safely, easily and effectively for cash management, hedging or speculative purposes. - About NextPlay Technologies - NextPlay Technologies, Inc. (Nasdaq: NXTP), parent to NextFintech, is a technology solutions company offering games, in-game advertising, crypto-banking, connected TV and travel booking services to consumers and corporations within a growing worldwide digital ecosystem. NextPlay’s engaging products and services utilize innovative AdTech, Artificial Intelligence and Fintech solutions to leverage the strengths and channels of its existing and acquired technologies. For more information about NextPlay Technologies, visit www.NextPlayTechnologies.com and follow us on Twitter @NextPlayTech and LinkedIn. - About Aegis Custody - Founded in 2018, Aegis Custody operates under the same regulatory frameworks as banks and trust companies. The company supports 4000+ cryptos, 14+ staking protocols and compliance-approved multi-sig wallet for DeFi platforms, all under a regulated custodial structure. - — - Company Name: NextPlay Technology - Media Contact: Richard Balles - Email: rballes (at) next.bank - Website: next.bank - City: San Juan, PR - Country: United States of America - Contact number: 240.398.8319 - Company Name: Aegis Trust Custody - Media Contact: Serra Wei - Email: serra (at) aegiscustody.com - Website: www.aegiscustody.com - City: Pierre, SD - Country: United States of America - Contact number: (email/TG only) - @serrawei - Company Name: Residual Token, Inc. - Media Contact: Bilal Sanchez - Email: bilal (at) unfederalreserve.com - Website: www.unfederalreserve.com - City: Verona, NJ - Country: United States of America - Media Contact: Richard Balles Email: rballes (at) next.bank - Media Contact: Serra Wei Email: serra (at) aegiscustody.com - Media Contact: Bilal Sanchez Email: bilal (at) unfederalreserve.com Thank you for your time and attention to this announcement and make your personal financial choices accordingly. Stay connected with unFederalReserve ⚓ linktr.ee 🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊 Although the material contained in this website was prepared based on information from public and private sources that Residual Token, Inc. d/b/a unFederalReserve believes to be reliable, no representation, warranty or undertaking, stated or implied, is given as to the accuracy of the information contained herein, and Residual Token, Inc. expressly disclaims any liability for the accuracy and completeness of information contained in this or any article. This article, our website, social media posts and other public forum materials are distributed for general informational and educational purposes only and is not intended to constitute legal, tax, accounting, or investment advice. The information, opinions and views contained herein have not been tailored to the objectives of any one individual, are current only as of the date hereof and may be subject to change at any time without prior notice. Residual Token, Inc. does not have any obligation to provide revised opinions in the event of changed circumstances. All investment strategies and investments involve risk of loss. Nothing contained in this website should be construed as investment advice. Any reference to an investment’s past or potential performance is not, and should not be construed as, a recommendation or as a guarantee of any specific outcome or profit. Any ideas or strategies discussed herein should not be undertaken by any individual without prior consultation with a finance, tax or legal professional for the purpose of assessing whether the ideas or strategies that are discussed are suitable to you based on your own personal objectives, needs and risk tolerance. Residual Token, Inc. expressly disclaims any liability or loss incurred by any person who acts on the information, ideas or strategies discussed herein. Thank you for your time and attention to this announcement and make your personal financial choices accordingly. Stay connected with unFederalReserve ⚓ linktr.ee 🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊 Although the material contained in this website was prepared based on information from public and private sources that Residual Token, Inc. d/b/a unFederalReserve believes to be reliable, no representation, warranty or undertaking, stated or implied, is given as to the accuracy of the information contained herein, and Residual Token, Inc. expressly disclaims any liability for the accuracy and completeness of information contained in this or any article. This article, our website, social media posts and other public forum materials are distributed for general informational and educational purposes only and is not intended to constitute legal, tax, accounting, or investment advice. The information, opinions and views contained herein have not been tailored to the objectives of any one individual, are current only as of the date hereof and may be subject to change at any time without prior notice. Residual Token, Inc. does not have any obligation to provide revised opinions in the event of changed circumstances. All investment strategies and investments involve risk of loss. Nothing contained in this website should be construed as investment advice. Any reference to an investment’s past or potential performance is not, and should not be construed as, a recommendation or as a guarantee of any specific outcome or profit. Any ideas or strategies discussed herein should not be undertaken by any individual without prior consultation with a finance, tax or legal professional for the purpose of assessing whether the ideas or strategies that are discussed are suitable to you based on your own personal objectives, needs and risk tolerance. Residual Token, Inc. expressly disclaims any liability or loss incurred by any person who acts on the information, ideas or strategies discussed herein.




SPECIAL ANNOUNCEMENT: Whitelisting to Commence Immediately

The ReserveDAO Ecosystem The ReserveDAO administrative team is excited to announce the whitelisting criteria has been approved by $eRSDL hodlers. We are grateful to the individuals who have volunteered their time to date to help realize the vision of “Buy the Bank.” Please note that the information in this article supercedes any information provided in previous articles related to whitelisting criteria, DAO launch and other critical details. This project, like all DAOs, is evolving as more thought-leaders bring in their experience and knowledge, and while the ReserveDAO administrative team does their best to retroactively correct or clarify information from earlier sources, that is not always possible. Please keep in mind that their are a number of risks involved in launching a DAO, and the team is doing its best to keep the community as informed and up-to-date as feasible. Following the conclusion of the whitelisting criteria vote, the criteria/bonuses have been set for the Reserve DAO ($RSRV) launch whitelisting. The criteria can be found below. The whitelisting criteria is posted here with a little more clarification than the original article. Remember being a longterm holder automatically qualifies you for Level 2 or Level 3, this is dependent upon the date at which you began holding eRSDL. — Level 1 Ships — 100k-399.99k eRSDL - Sloops = 100k-399.99k holders of eRSDL (10% increase on yield rewards + 5% Discount on Token Launch + 1% Discount on Bonds), Schooners = 100k-399.99k holders of eRSDL + TG Groups (15% increase on yield rewards + 5% Discount on Token Launch + 1% Discount on Bonds), Brigantines = 100k-399.99k holders of eRSDL + Tweet action + TG Groups (20% increase on yield rewards + 5% Discount on Token Launch + 1% Discount on Bonds), — Level 2 Ships — 400k up to 999.99k eRSDL OR Long Term Holder (TxHash before October 31, 2021) - Square-rigged Ships = 400k to 1mn or more eRSDL(25% increase on yield rewards + 10% Discount on Token Launch + 2% Discount on Bonds), — Level 3 Ships 1mn+ eRSDL OR Extra Long Term Holder (TxHash before May 31, 2021) OR Pro-Bono work performed - Galleons (Ship of the Line) = 30% increase on yield rewards + 15% discount on Token Launch + 4% Discount on Bonds), So whats next? The administrative team will begin the process of building a whitelist for the launch and finish the front page for ReserveDAO. While that construction is happening, in the course of the next two weeks, another vote will be held on which launch pad the community would like to use. Feedback from the community on launchpads is greatly appreciated at this point as we want as many possible options. If you find any that we have not listed yet please post them to the Tg:t.me or our Discord:discord.gg. Right now the current options are as follows: 1.DAOMaker daomaker.com DAO Maker is an incubator that leverages the power of Social Mining and omnipresent exposure to help projects acquire a community, and then uses the project’s token to convert the community into value-adding and value-assessing members of a DAO. 2..Republic republic.com Republic is where both accredited and non-accredited investors meet entrepreneurs and access high-growth potential deals across a range of private markets. 3.RedKite redkite.polkafoundry.com Red Kite is part of the PolkaFoundry ecosystem and uses the platform’s native PKF as a utility token. The investors can hold PKF tokens to join the Red Kite platform and participate in the token sale rounds for hand-picked and vetted crypto projects. 4.PolkaStarter polkastarter.com Polkastarter is the leading decentralized fundraising platform built for cross-chain token pools and auctions, enabling projects to raise capital on a decentralized and interoperable environment based on Polkadot. 5.Trust Swap dashboard.trustswap.org TrustSwap is a foundational layer in decentralized finance, enabling safe, and customizable transactions for the global crypto ecosystem. 6.Starter starter.xyz Starter is a cross-chain launchpad platform currently working on Polygon, Ethereum, Fantom, BSC and Avalanche. Remember, the launch is used to hit Phase I ($500,000) listed in the budget article. After that is secured we can take the necessary steps to hit Phase II and buy the bank!!! These are exciting times for crypto, as many are lamenting the “crypto winter” with projects going dead and “based” developers leaving their projects and communities. The unFederalReserve and ReserveDAO team sees this as an opportunity to create, expand, and show the world how to bridge TradFi<>DeFi. We would like to thank you all in the community for the support you have shown for eRSDL, we can not wait to deliver RSRV to the community. It is in our due diligence though that we do not rush a product out and risk the future of the DAO governance and DeFi/yield platforms. Thank you for your time and attention to this announcement and make your personal financial choices accordingly. Stay connected with unFederalReserve ⚓ linktr.ee 🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊 Although the material contained in this website was prepared based on information from public and private sources that Residual Token, Inc. d/b/a unFederalReserve believes to be reliable, no representation, warranty or undertaking, stated or implied, is given as to the accuracy of the information contained herein, and Residual Token, Inc. expressly disclaims any liability for the accuracy and completeness of information contained in this or any article. This article, our website, social media posts and other public forum materials are distributed for general informational and educational purposes only and is not intended to constitute legal, tax, accounting, or investment advice. The information, opinions and views contained herein have not been tailored to the objectives of any one individual, are current only as of the date hereof and may be subject to change at any time without prior notice. Residual Token, Inc. does not have any obligation to provide revised opinions in the event of changed circumstances. All investment strategies and investments involve risk of loss. Nothing contained in this website should be construed as investment advice. Any reference to an investment’s past or potential performance is not, and should not be construed as, a recommendation or as a guarantee of any specific outcome or profit. Any ideas or strategies discussed herein should not be undertaken by any individual without prior consultation with a finance, tax or legal professional for the purpose of assessing whether the ideas or strategies that are discussed are suitable to you based on your own personal objectives, needs and risk tolerance. Residual Token, Inc. expressly disclaims any liability or loss incurred by any person who acts on the information, ideas or strategies discussed herein. Thank you for your time and attention to this announcement and make your personal financial choices accordingly. Stay connected with unFederalReserve ⚓ linktr.ee 🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊 Although the material contained in this website was prepared based on information from public and private sources that Residual Token, Inc. d/b/a unFederalReserve believes to be reliable, no representation, warranty or undertaking, stated or implied, is given as to the accuracy of the information contained herein, and Residual Token, Inc. expressly disclaims any liability for the accuracy and completeness of information contained in this or any article. This article, our website, social media posts and other public forum materials are distributed for general informational and educational purposes only and is not intended to constitute legal, tax, accounting, or investment advice. The information, opinions and views contained herein have not been tailored to the objectives of any one individual, are current only as of the date hereof and may be subject to change at any time without prior notice. Residual Token, Inc. does not have any obligation to provide revised opinions in the event of changed circumstances. All investment strategies and investments involve risk of loss. Nothing contained in this website should be construed as investment advice. Any reference to an investment’s past or potential performance is not, and should not be construed as, a recommendation or as a guarantee of any specific outcome or profit. Any ideas or strategies discussed herein should not be undertaken by any individual without prior consultation with a finance, tax or legal professional for the purpose of assessing whether the ideas or strategies that are discussed are suitable to you based on your own personal objectives, needs and risk tolerance. Residual Token, Inc. expressly disclaims any liability or loss incurred by any person who acts on the information, ideas or strategies discussed herein.




unFederalReserve Announces a U.S. Institutional P2P Safe Harbor

Casper, Wyoming — (Newsfile Corp. — August 25, 2022) — ReserveLending+ by unFederalReserve aims to make saving and borrowing between a closed network of U.S. entities holding digital assets frictionless. Its new DeFi platform is a self-custody solution open only to those entities with an existing banking relationship with its partner, NextBank International. In conjunction with its custodial partner, Aegis Trust Company, a South Dakota Trust, participating entities will be able to manage the crypto side of their balance sheet without intermediary and with greater access to capital. Institutional DeFi As a leading decentralized finance and crypto infrastructure provider, unFederalReserve announced that it has in beta test a new institutional, self-custodial DeFi (Decentralized Finance) protocol. The new protocol will allow U.S. institutional clients of its banking partner, NextBank International, to manage its digital asset balance sheet items in a secure, time-saving way. Integrating smart-contract software with multi-party finance will allow institutional clients to deal with known counterparties thus meeting a core U.S. regulatory hurdle. Unlike the recently failed large, centralized lenders of note, unFederalReserve’s platform has liquidity provided by the other participants. Since borrowing can only be done on an overcollateralized basis, and the only assets allowed on the platform are USDC, Bitcoin and Ethereum, there is minimal risk to the supply crunches that have plagued those other entities. Reserve Lending+ The self-custodial DeFi platform gives U.S. institution Controllers and Treasurers total control of their assets. Digital cash is not dependent on a bank or other entity to issue or verify transactions. Blockchain technology was a game changer with Bitcoin and Ethereum. To use DeFi, individuals must have an Ethereum wallet. Ethereum wallets have a private key and a public address. Users can share their public address but never share their private key. ReserveLending+, the flagship institutional product from unFederalReserve, is a fork of the Compound protocol. Although self-custody has some advantages, it is still essential to use a custodian to provide independent verification over whom is admitted to the platform and who is removed. ReserveLending+ incorporates a qualified custodian into its core trunk, which protects users from unauthorized changes to the protocol or changes in access to the platform. Raise Capital On Chain or Diversify Out of Ethereum Correlated Assets ReserveFunding, unFederalReserve’s crypto high-net worth individual (“HNW”) alternative asset investment bridge, allows qualified individuals to invest in private deals without having to liquidate their digital holdings. Currently, Trivium2, a venture fund of funds that is the only non-alumnae organization fund with direct investment into the Alumni Ventures Group fund of funds, is leveraging this technology to open non-ethereum correlated investments to crypto high net worth individuals. Check it out today at unfed.info True Institutional DeFi At ReserveLending+, Residual Token Avoids Centralized Lender Drama The future is cheaper capital for asset-intensive U.S. companies. When borrowers have more options, lenders compete for that business by lowering interest rates. ReserveLending+, unFederalReserve’s institutional, non-custodial pool-to-peer deposit and lending marketplace, breaks down the traditional silos formed between a company and one or two lenders. The platform creates a secure web of multiple, asset-heavy companies seeking to manage their overnight or long-term cash needs by engaging each other. Loans are over-collateralized, secure, and efficient. Earnings on deposits are real and tied to borrower’s interest payments. Further security is afforded by housing custody with industry leader Aegis Trust Company. Check out ReserveLending+ today: unfed.info About Residual Token, Inc. dba unFederalReserve In business since 2018, Residual’s team of former bankers, technologists and compliance professionals have been exploring ways to make crypto lending and borrowing markets safer and traditional markets more efficient. They currently have in development a handful of blockchain-based software available for license. Its flagship product, ReserveLending, allows permissionless access to crypto holders so that they can deposit, earn and borrow top digital assets safely, easily and effectively for cash management, hedging or speculative purposes. Media Contact: Company Name: Residual Token, Inc. Media Contact: Bilal Sanchez Email: bilal@unfederalreserve.com Website: www.unfederalreserve.com To view the source version of this press release, please visit www.newsfilecorp.com 🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊 Although the material contained in this website was prepared based on information from public and private sources that Residual Token, Inc. d/b/a unFederalReserve believes to be reliable, no representation, warranty or undertaking, stated or implied, is given as to the accuracy of the information contained herein, and Residual Token, Inc. expressly disclaims any liability for the accuracy and completeness of information contained in this or any article. This article, our website, social media posts and other public forum materials are distributed for general informational and educational purposes only and is not intended to constitute legal, tax, accounting, or investment advice. The information, opinions and views contained herein have not been tailored to the objectives of any one individual, are current only as of the date hereof and may be subject to change at any time without prior notice. Residual Token, Inc. does not have any obligation to provide revised opinions in the event of changed circumstances. All investment strategies and investments involve risk of loss. Nothing contained in this website should be construed as investment advice. Any reference to an investment’s past or potential performance is not, and should not be construed as, a recommendation or as a guarantee of any specific outcome or profit. Any ideas or strategies discussed herein should not be undertaken by any individual without prior consultation with a finance, tax or legal professional for the purpose of assessing whether the ideas or strategies that are discussed are suitable to you based on your own personal objectives, needs and risk tolerance. Residual Token, Inc. expressly disclaims any liability or loss incurred by any person who acts on the information, ideas or strategies discussed herein.




Trivium2: Bridging CeFi and DeFi

NEW YORK — When ReserveFunding was first conceived back in 2021, the idea was simple: Enable U.S. crypto high net-worth (“HNW”) individuals the ability to invest in traditional alternative investments directly from their Metamask, Wallet Connect or Coinbase wallets. This would solve three critical issues. Open up non-Ethereum price correlated investments to individuals that might have generated and maintain wealth largely in crypto;, Provide an off-ramp into, generally, higher yielding alternative investments that would not require the hodler to handle currency conversion; and, Provide funds a new source of capital and opportunity to educate a brand-new market segment on why traditional alternative investments still matter., Enter Trivium2, the second offering from the Trivium fund of funds family. Trivium: Fund of Funds Trivium was created to offer access to highly vetted and highly diversified venture investments through three distinct, actively managed platforms that give investors exposure to the entire venture capital spectrum from early, to growth, and finally late stage VC deals. “There are many paths from Web3 DeFi to traditional, alternative investments,” said Howard Krieger, CEO of unFederalReserve, the fintech start-up attempting to make the crossover from fiat to crypto economies more efficient. “Trivium is a great foray into the alt space for crypto HNWs because there’s hand-holding all along the way. At the end of the process, you have successfully gone from moonshot to stablecoin to alternative investment, and have diversified cryptoverse-centric risk.” Trivium is a fund of funds composed of Angel & seed stage (11.2 Ventures), early and mid stage growth (Purple Arch Ventures) and late stage & pre-IPO (Alumni Ventures). Trivium manages these different private company investment opportunities for accredited investors. Trivium’s three-dimensional approach targets up to 100 venture investments diversified across stage, industry, geography, and lead investor. “With the recent significant devaluations of venture backed companies returning pricing to historic norms, now is the optimal time to bring venture exposure into an investment portfolio,” stated Trivium founder Gary Scheier. Purple Arch is part of a larger organization called the Alumni Ventures Group which is a family of eighteen alumni-tethered funds from the most prestigious universities in the U.S., including Harvard, Yale, Princeton, Cornell, Northwestern, MIT, Dartmouth, Stanford, and Cal-Berkley to name a few. Collectively the Alumni Ventures funds are the third most active Venture Group in the World. The Trivium Funds are about access. It is estimated that there are only about 500 top tier deals in Venture every year, and Alumni Ventures reviews approximately 350 of them, or 70%. The core philosophy of Alumni Ventures is to only invest in deals with a top tier VC as the lead investor. Conclusion Learn more about this opportunity and the other bridges being built by checking out: unfed.info If you are U.S. accredited investor, then go to the same place but scroll through the offers you like. We want to hear from you! Please let us know ways we can improve experience. For years we’ve envisioned a digital world bridging individuals in crypto and fiat and corporations with the same use cases. Please enjoy the other great content we have to offer at Youtube: unfed.info and through our Medium blog located here: unfed.info 🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊 Although the material contained in this website was prepared based on information from public and private sources that Residual Token, Inc. d/b/a unFederalReserve believes to be reliable, no representation, warranty or undertaking, stated or implied, is given as to the accuracy of the information contained herein, and Residual Token, Inc. expressly disclaims any liability for the accuracy and completeness of information contained in this or any article. This article, our website, social media posts and other public forum materials are distributed for general informational and educational purposes only and is not intended to constitute legal, tax, accounting, or investment advice. The information, opinions and views contained herein have not been tailored to the objectives of any one individual, are current only as of the date hereof and may be subject to change at any time without prior notice. Residual Token, Inc. does not have any obligation to provide revised opinions in the event of changed circumstances. All investment strategies and investments involve risk of loss. Nothing contained in this website should be construed as investment advice. Any reference to an investment’s past or potential performance is not, and should not be construed as, a recommendation or as a guarantee of any specific outcome or profit. Any ideas or strategies discussed herein should not be undertaken by any individual without prior consultation with a finance, tax or legal professional for the purpose of assessing whether the ideas or strategies that are discussed are suitable to you based on your own personal objectives, needs and risk tolerance. Residual Token, Inc. expressly disclaims any liability or loss incurred by any person who acts on the information, ideas or strategies discussed herein.




ReserveDAO Whitelisting Criteria

Feedback is requested, and this article is subject to change as feedback is processed and incorporated. Voting will occur AFTER the article has been stable for seven days. ReserveDAO is being built to “Buy the Bank”. The DAO’s vision can be found here, and your fellow DAOists are excited to see that you are interested. The roadmap is progressing, and we are now at the stage where whitelisting criteria is to be memorialized and voted upon by the community. Where the initial stages included deciding on what platforms to list and how much to raise, here is where the community can share and lock in their thoughts on how long-time holders, activists in different channels and the infrastructure providers can be compensated for their time, energy and effort. What is a Whitelist Whitelisting can have a number of connotations in crypto, but perhaps is most aptly defined as a list of cryptocurrency addresses that are afforded certain rights and privileges separate and apart from other wallet addresses. For unFederalReserve’s ReserveLending+ product, whitelisting means entities are permissioned to participate in the pool-to-peer ecosystem. In the case of ReserveDAO, people or entities that make the whitelist will get direct treasury allocations of tokens, the ability to purchase tokens at a discount or some combination thereof. The criteria to make the whitelist is detailed below, and the manner in which the discounts will be realized is TBD depending on the platform used to launch the project. Token Allocation RSRV is the governance token for the DAO. RSRV holders who are U.S. accredited investors will be able to participate in the direct governance of the DAO. Any holders that do not meet that criteria are encouraged to find a legal mechanism to achieve such representation or support by proxy those individuals that are enabled to participate. The DAO itself will be a Wyoming DAO. This structure is a form of Wyoming LLC with unique operating agreement language tying the holding of RSRV to the voting eligible LLC ownership units. The following table is a draft breakdown of the initial RSRV supply:Draft — For Discussion Purposes Only The whitelisted tokens will be distributed or accessible as part of Stage I and II 3.33% and 21.67% bucket, respectively, or the first two rows down. The entirety of the pool may not necessarily be absorbed by whitelisters, and recipients will be subject to the lock-up conditions. The manner with which the lock-up will occur is TBD, and subsequent documents will reflect policies and procedures as they are finalized. A separate ReserveDAO medium channel will also be created to host those announcements surrounding the DAO. To All Great Ships and Those That Sail Them In keeping with the nautical theme, we have designated classes of whitelister based on different classes of ancient sailing vessels. The below criteria is subject to change and confirmation by the community. Take this opportunity to review the classes of whitelister and the requirements. If you have comments, questions or suggestions about ways to improve the whitelisting criteria, please use the Telegram or Discord channels to expand on that feedback. To translate our short-hand, below you will see the ship name, the defining characteristic of that ship type, and the whitelisting reward. — Level 1 Ships — 100k-400k eRSDL. — Sloops = 100k holders of eRSDL (10% increase on yield rewards) Schooners = 100k holders of eRSDL + TG Groups (15% increase on yield rewards) Brigantines = 100k holders of eRSDL + Tweet action + TG Groups (20% increase on yield rewards) — Level 2 Ships — up to 1mn eRSDL or 250k+ Long Term Holder (TxHash before October 31, 2021) or Pro-Bono work performed. — Square-rigged Ships = 400k to 1mn or more eRSDL + Tweet action + TG Groups + (25% increase on yield rewards + 5% Discount on Token Launch) — Level 3 Ships 1mn+ eRSDL or 250k+ Extra Long Term Holder (TxHash before May 31, 2021) or Pro-Bono work performed. — Galleons (Ship of the Line) = 1mn+ or Long Term Holder or Pro-Bono work for eRSDL or RSVR DAO (30% increase on yield rewards + 15% discount on Token Launch) Conclusion Let’s restate the goals of the DAO. Thank you for taking the time to read-through the criteria, and we wish to remind you that you are ReserveDAO. The ReserveDAO is a community without defined central leadership. The goals, participants and structure can be influenced and changed by you as much as it can by anyone else engaged with the project. Make sure to vote and have a great day.Buy a U.S. Treasury-chartered bank or a large enough equity interest to have control of the products the bank offers.Maintain healthy liquidity, including short-term liquidity needs for ReserveLending, ReserveFunding, and the upcoming, ReserveB2B.Provide stronger incentives for unFederalReserve ecosystem participants via attractive eRSDL and RSRV Protocol Owned Liquidity tokenomics.Provide more tokenomic options (Protocol Owned Liquidity), market levers, and stability in times of market volatility for our ecosystem.Reduce any perceived risk from our TradFi partners via a strong Treasury liquidity budget for each product in times of market volatility or accelerated growth.Provide greater liquidity reserves for ReserveLending+, ReserveFunding, and RB2B launch bootstrapping, fostering accelerated growth in 2022.We all know a bigger and cost-efficient “war chest” de-risks a start-up’s ability to execute for larger and more traditional finance customers. About Residual Token, Inc. dba unFederalReserve In business since 2018, Residual’s team of former bankers, technologists and compliance professionals have been exploring ways to make crypto lending and borrowing markets safer and traditional markets more efficient. They currently have in development a handful of blockchain-based software available for license. Its flagship product, ReserveLending, allows permissionless access to crypto holders so that they can deposit, earn and borrow top digital assets safely, easily and effectively for cash management, hedging or speculative purposes. About ReserveDAO ReserveDAO is a to-be-formed Wyoming LLC in DAO form. The initial purpose of the DAO is to provide liquidity for various unFederalReserve projects and buy a bank (or take a preferred equity position in a bank.) 🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊 Although the material contained in this website was prepared based on information from public and private sources that Residual Token, Inc. d/b/a unFederalReserve believes to be reliable, no representation, warranty or undertaking, stated or implied, is given as to the accuracy of the information contained herein, and Residual Token, Inc. expressly disclaims any liability for the accuracy and completeness of information contained in this or any article. This article, our website, social media posts and other public forum materials are distributed for general informational and educational purposes only and is not intended to constitute legal, tax, accounting, or investment advice. The information, opinions and views contained herein have not been tailored to the objectives of any one individual, are current only as of the date hereof and may be subject to change at any time without prior notice. Residual Token, Inc. does not have any obligation to provide revised opinions in the event of changed circumstances. All investment strategies and investments involve risk of loss. Nothing contained in this website should be construed as investment advice. Any reference to an investment’s past or potential performance is not, and should not be construed as, a recommendation or as a guarantee of any specific outcome or profit. Any ideas or strategies discussed herein should not be undertaken by any individual without prior consultation with a finance, tax or legal professional for the purpose of assessing whether the ideas or strategies that are discussed are suitable to you based on your own personal objectives, needs and risk tolerance. Residual Token, Inc. expressly disclaims any liability or loss incurred by any person who acts on the information, ideas or strategies discussed herein.




ReserveFunding: New Offers For the DeFi Crowd Looking for TradFi

New Offers on ReserveFunding unFederalReserve is proud to announce its latest ReserveFunding offer: RF Series 2 — Residual Token Convertible Bond ReserveFunding Series 2 (the “Fund”) is a GP/LP structure organized under the laws of Delaware. The purpose of the fund is to enter into a Convertible Note Agreement with Residual Token, Inc. The details of the bond offering are available in the Documents section. The Fund is selling LP interests in exchange for USD fiat or USDC and, at the investor’s choosing, a contribution of $eRSDL tokens. For the purposes of allocating distributions across the LP units, eRSDL will have a declared value of $0.50/token regardless of its actual current price. Investors can contribute a total declared value amount of eRSDL up to their fiat or USDC investment. $eRSDL is available for purchase on Uniswap. The economics for a typical LP investor would look something like:Draft — For Discussion Purposes Only In the case of a return of the initial contribution, the count of tokens contributed regardless of differences in the Fund’s declared value for eRSDL and its current market price would be the basis for such return. When ReserveFunding was first conceived back in 2021, the idea was simple: Enable U.S. crypto high net-worth (“HNW”) individuals’ ability to invest in traditional alternative investments directly from their Metamask, Wallet Connect or Coinbase wallets. This would solve three critical issues.Open up non-Ethereum price correlated investments to individuals that might have generated and maintain wealth largely in crypto;Provide an off-ramp into, generally, higher yielding alternative investments that would not require the hodler to handle currency conversion; andProvide funds a new source of capital and opportunity to educate a brand-new market segment on why traditional alternative investments still matter. From our prior market research, we knew about 5% of our Twitter eyeballs had self-identified as U.S., accredited investors (a must-have for private investment in the U.S.). See below to observe the same waterfall of information as us:Source: unFederalReserve Research If you consider our combined crypto-twitter (“CT”) community of approximately 50,000 followers as covering a global demographic, then 5% is huge compared to the actually percentage of U.S. accredited households. The actually percentage is close to 0.40%. It is therefore pretty incredible that 10x to 12x that percentage are in our ecosystem and available to see and hear of new opportunities to diversify without having to sell their hodlings. With an understanding that we had the eyeballs, we conquered the objective of offering an opportunity that met our 3 guidelines with our first offering: The Atipana Capital 90-day loan. That opportunity evolved to include fiat and crypto payments / redemptions and ran for the first quarter of 2022. In fact, the 8% yield those investors realized compares favorably against the -11% ETH drop for the same period. And with that context once more into the breach, dear friends… Visitors to the site are welcomed with a visual cue for the new offer: When the deal is selected, users can scan an overview of the offer, the details behind the investment, risks and see relevant documents. The key for us is the Call To Action (“CTA”) where users showing further interest can select the “Invest Now” for more information. Specifically, the user is redirected to the sign-up form, so that we can vet their credentials further, open up dialogue with the team to address further questions they have and begin executing the dozens (if not hundreds) of pages of physical documents required to make the investment. We make sure the site follows the European standard for data privacy since it is slightly stricter than the U.S. version. We presume at some point most data privacy rules will collapse to the most stringent. Conclusion If you are a fund interested in displaying your offer on ReserveFunding, then please sign-up by going here and clicking ‘List Your Fund’ at the top of the screen: https://unfed.info/RF If you are U.S. accredited investor, then go to the same place but scroll through the offers you like. We want to hear from you! Please let us know ways we can improve experience. For years we’ve envisioned a digital world bridging individuals in crypto and fiat and corporations with the same use cases. Please enjoy the other great content we have to offer at Youtube: https://unfed.info/3jzMmDA and through our Medium blog located here: https://unfed.info/3GkxNNW 🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊 Although the material contained in this website was prepared based on information from public and private sources that Residual Token, Inc. d/b/a unFederalReserve believes to be reliable, no representation, warranty or undertaking, stated or implied, is given as to the accuracy of the information contained herein, and Residual Token, Inc. expressly disclaims any liability for the accuracy and completeness of information contained in this or any article. This article, our website, social media posts and other public forum materials are distributed for general informational and educational purposes only and is not intended to constitute legal, tax, accounting, or investment advice. The information, opinions and views contained herein have not been tailored to the objectives of any one individual, are current only as of the date hereof and may be subject to change at any time without prior notice. Residual Token, Inc. does not have any obligation to provide revised opinions in the event of changed circumstances. All investment strategies and investments involve risk of loss. Nothing contained in this website should be construed as investment advice. Any reference to an investment’s past or potential performance is not, and should not be construed as, a recommendation or as a guarantee of any specific outcome or profit. Any ideas or strategies discussed herein should not be undertaken by any individual without prior consultation with a finance, tax or legal professional for the purpose of assessing whether the ideas or strategies that are discussed are suitable to you based on your own personal objectives, needs and risk tolerance. Residual Token, Inc. expressly disclaims any liability or loss incurred by any person who acts on the information, ideas or strategies discussed herein.




High Risk Investments Can Make Your Investment Portfolio Safer

Understanding the risk-return tradeoff in a portfolio settingArticle by Gary Scheier, Co-Founder, 11.2 Ventures LLC Registered Investment Advisors, financial advisors and wealth managers, in general, have two essential functions (1) assisting their clients through a rigorous due diligence process, to select investments or portfolio assets that they believe will have a high expected return within the client’s risk tolerance and (2) manage the allocation of these assets within the context of the client’s portfolio to maximize the risk-return parameters of the portfolio. The goal should be the lowest risk portfolio for the client’s target return. But because so many clients are extremely risk averse, many wealth managers do not consider higher risk investments for their clients thereby missing the important advantages these investments can provide when constructing an optimal portfolio asset mix. The mathematics behind the asset allocation model were first introduced in 1952 in the 14 page paper entitled “Portfolio Selection” authored by Harry Markowitz. (https://onlinelibrary.wiley.com/doi/abs/10.1111/j.1540-6261.1952.tb01525.x) Markowitz proved mathematically that if you can lower the volatility of a portfolio (reduce risk) without lowering expected return (maintaining average return) you will maximize the actual returns of the portfolio. The mathematics behind this counter-intuitive principle, that taking less risk can actually make you more money, earned him the Noble Prize in 1990. A simple of example of this concept is, take two $100 portfolios. The first portfolio goes up 30% in year one to $130 and it goes down 10% in year two to a total of $117. Portfolio two goes up 10% in year one to $110 and up 10% in year 2 to a total of $121. Both portfolios have a 10% average yearly return but the lower volatility of portfolio two increased the actual cash at the end of the two-year period. The best way to reduce volatility without lowering expected return is to identify good investments that have a low correlation to one another. In other words, when one investment is going up there are other investments in the portfolio going down or sideways. In this way you get from point A to point B on a less volatile path. The class of investments that have the lowest correlation to traditional investments are “alternative investments”. This includes a myriad of non-traditional investments such as, venture capital, private equity, real estate, gas and oil, timber and hedge funds to name of few. Peng Chen, Gary T. Baierl and Paul D. Kaplan stated in their paper, “Venture Capital and its Role in Strategic Asset Allocation”, published in the Journal of Portfolio Management, that over the forty year period they looked at, “the correlation coefficient between venture capital and public stocks was estimated to be 0.04%. Because of its relatively low correlation with stocks, an allocation to venture capital of 2% to 9% is warranted for an aggressive portfolio.“ Alternative investments, if managed correctly, should decrease the volatility or risk of the overall portfolio and increase it expected return. But how does a wealth manager explain to their clients that what appears on the surface to be a very risky stand-alone investment actually improves the safety and return of their client’s total portfolio. I was faced with this daunting task. In 1988 I began working with two professors of finance to create an algorithm, using Markowitz’s mathematics, to create enhanced stock portfolios that would outperform target benchmarks. The algorithm was difficult to solve. In 1990 Markowitz agreed to consult with us as we tested multiple variables and inputs to identify optimal outcomes . Eventually Markowitz went on the work at Daiwa and our group went on to create the Weiss, Peck & Greer Quantitative Equity Division where we managed over $2B in pension fund assets utilizing the Markowitz model. I spent a lot of my time going to client meetings, including many union funds, trying to explain to their investment committees how the model worked. Relating it to the game of baseball proved to be the winning formula. The average amount of runs scored by a baseball team in a year is 800 which is 30 runs per week (expected return). Let’s take two baseball managers. Each will select 9 players for their team (portfolio assets). The goal is to win the most games. Most managers try to find 9 Mike Trouts or Derek Jeters. Manager 1 chooses 9 star players that he believes will perform so well that they will score more than the 800 runs and therefore win more games. These players stats tend to be highly correlated to one another. Manager 2 knows from experience that it is very difficult to score more than 800 runs a year. So he decides that he will select his players to reduce the volatility of his 30 run production per week by selecting players that play well under varying circumstances or players with low correlated stats. As you can see, Team 2 has almost no volatility in its run production. Team 2 maintained expected return, 30 runs per week, but lowered the volatility of this run production and ended up winning more games. This is the principle that drives the asset allocation model and supports the investment into low correlated assets. There is a continual struggle in the financial management industry to balance the seemingly unreconcilable dual goals of preservation of capital and taking the risks involved with increasing the value of the client’s portfolio. And although most advisors and their clients are very risk averse and their instincts are to shy away from high risk ventures, what Markowitz made clear is that higher risk investments in the right proportion sitting alongside more traditional assets actually will make a clients investment portfolio safer and increases its expected return. This document is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security, nor does it constitute an offer to provide investment advisory or other services by 11.2 Ventures, LLC nor Residual Token, Inc. Nothing contained in this document constitutes investment advice or offers any opinion with respect to the suitability of any security, and the views expressed herein should not be taken as advice to buy, sell or hold any security. Securities offered through March Capital Corp Member FINRA/SIPC




About Residual Token, Inc. dba unFederalReserve

In business since 2018, Residual’s team of former bankers, technologists and compliance professionals have been exploring ways to make crypto lending and borrowing markets safer and traditional markets more efficient. They currently have in development a handful of Web3 DeFi Infrastructure software available for license. Its flagship product, ReserveLending, allows permission-less access to crypto holders so that they can deposit, earn and borrow top digital assets safely, easily and effectively for cash management, hedging or speculative purposes. Key Facts Howard Krieger, Founder & CEO, unFederalReserve™ Howard Krieger is a serial entrepreneur. He is well-versed in risk and valuation concepts, consumer and commercial lending and executive leadership.. He is the founder & CEO, unFederalReserve™, a fintech SaaS company that combines software built on blockchain technology and 200+ years of banking experience. He holds a bachelor’s degree in Business Administration from James Madison University and an MBA with a concentration in Quantitative Finance from Rutgers School of Business. Prior to founding unFederalReserve™, Krieger served as Managing Director at CBIZ Valuation Group, Valuation Director at WithumSmith+Brown and was also a Senior Manager at KPMG LLP. As an innovative blockchain-based bank loan origination and settlement system design and operational collaborator, Howard is also a quant jockey and a player’s coach. Conception of unFederalReserve™ 30,000 non-bank lenders in the U.S. struggle with limited capital sources and settlement speeds, observes Howard. Noting that blockchain-based technology effortlessly handles these transactions in a secure, immutable manner, this technology enthusiast points out that unFederalReserve™ has selected premium elements of the crypto ecosystem and it is in a best-in-class regulatory framework that delivers its middle-market clients a B2B lending, cash reporting and overnight lending/borrowing utility tool. “We offer the security of immutable records, near instantaneous settlement and encryption well beyond what the largest global banks currently use. Sophisticated borrowers are experts at identifying mispriced opportunities. Unsophisticated lenders, however, can be at the mercy of seasoned borrowing professionals seeking to exploit risk vs yield mismatches. The unFederalReserve™ safe harbor uses algorithm settings targeted to minimize those situations. When it comes to speed, lending and borrowing transactions settle almost instantaneously on our blockchain-enabled platform.” Enabling blockchain technology to create fintech SaaS solutions “Our core is a Compound® fork that we have been working with to learn the limits of an extremely stable DeFI protocol. We also leverage Securitize for on-chain identity management, Chainalysis for transaction monitoring, Fireblocks for wallet security and Circle for money conversion. We tie these pieces together with years of experience to deliver safe, effective and less costly cash management.” ReserveLending platform ReserveLending was the firm’s first product, and the first major release, says Howard. “Our FinCEN registered, P2P crypto lending platform is easy to use, and allows crypto holders to lend, deposit or borrow cryptocurrencies at reasonable rates, and monitored for suspicious activity. At launch we had close to $400mn Total Value Locked on the platform.” The Blockchain Journey Noting that he was introduced to the concept by his co-founder and friend, Ryan Medlin, Howard adds that the latter brought the technology and marketability of the software to my attention, and the need for sophistication in the borrowing/lending space. “We did a hackathon a few years back and the rest is history.” Challenges Galore “I think it starts with identifying what risks matter most to your business model, and literally lay them out on a spreadsheet, and detail the severity of the risk and risk mitigation step to take, if possible.” Blockchain is not a cure-all, and certainly one category of risk has to be whether it’s the software or the user that poses the greatest risk. Build redundancy, monitoring and control processes and you should be fine. Leadership Traits unFederalReserve™ lives by 5 key principles: Safety, Courtesy, Inclusivity, Efficiency and Experience. The team knows everything they do has to abide by those principles. “I also think that role vs expectation gaps are the source of all interpersonal conflicts. Communication is the only thing that solves that.” Empathy being a critical trait, Howard stresses on the need to keep perspective and take care of yourself as you go through knocking out priority items. Words of Advice This fintech specialist recommends start-ups to be caretakers of the capital, team and the product. “Blockchain start-ups, specifically, should strongly consider affiliating with entities that either understand the tech’s benefits already or are agnostic to how it works. The tech is nice, but the tech is not what sells. The product which uses the tech and its flexibility to integrate with existing workflows is what gets traction.” The Success Mantra “Be okay with admitting when you messed up. It is a liberating experience. The best part about being CEO of a blockchain tech company is the people at the end of the day. I love chatting it up about how I got here, but my success is really a story of how thousands of people just said one day, “This team is talking about products for underserved entities that just makes sense.” Forward-Looking Statements This press release includes “forward-looking statements” within the meaning of, and within the safe harbor provided by the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements give our current expectations, opinions, belief or forecasts of future events and performance. A statement identified by the use of forward-looking words including “will,” “may,” “expects,” “projects,” “anticipates,” “plans,” “believes,” “estimate,” “should,” and certain of the other foregoing statements may be deemed forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, these statements involve risks and uncertainties that may cause actual future activities and results to be materially different from those suggested or described in this news release. Factors that may cause such a difference include risks and uncertainties related to our need for additional capital which may not be available on commercially acceptable terms, if at all, which raises questions about our ability to continue as a going concern; the fact that the COVID-19 pandemic has had, and is expected to continue to have, a significant material adverse impact on the travel industry and our business, operating results and liquidity; amounts owed to us by third parties which may not be paid timely, if at all; certain amounts we owe under outstanding indebtedness which are secured by substantially all of our assets and penalties we may incur in connection therewith; the fact that we have significant indebtedness, which could adversely affect our business and financial condition; uncertainty and illiquidity in credit and capital markets which may impair our ability to obtain credit and financing on acceptable terms and may adversely affect the financial strength of our business partners; the officers and directors of the Company have the ability to exercise significant influence over the Company; stockholders may be diluted significantly through our efforts to obtain financing, satisfy obligations and complete acquisitions through the issuance of additional shares of our common or preferred stock; if we are unable to adapt to changes in technology, our business could be harmed; if we do not adequately protect our intellectual property, our ability to compete could be impaired; our long-term travel business success depends, in part, on our ability to expand our property owner, manager and traveler bases outside of the United States and, as a result, our travel business is susceptible to risks associated with international operations; unfavorable changes in, or interpretations of, government regulations or taxation of the evolving ALR, Internet and e-commerce industries which could harm our operating results; risks associated with the operations of, the business of, and the regulation of, Longroot and NextBank (formerly IFEB); the market in which we participate being highly competitive, and because of that we may be unable to compete successfully with our current or future competitors; our potential inability to adapt to changes in technology, which could harm our business; the volatility of our stock price; risks associated with the integration of the operations of HotPlay Enterprise Limited, which acquisition we recently competed; the fact that we may be subject to liability for the activities of our property owners and managers, which could harm our reputation and increase our operating costs; and that we have incurred significant losses to date and require additional capital which may not be available on commercially acceptable terms, if at all. More information about the risks and uncertainties faced by the Company are detailed from time to time in the Company’s periodic reports filed with the SEC, including its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, under the headings “Risk Factors”. These reports are available at www.sec.gov. Other unknown or unpredictable factors also could have material adverse effects on the Company’s future results and/or could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected. The forward-looking statements in this press release are made only as of the date hereof. The Company takes no obligation to update or correct its own forward-looking statements, except as required by law, or those prepared by third parties that are not paid for by the Company. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.




A Decentralized “un”-Federal Reserve

SAN FRANCISCO — February 6, 2021 — Most countries have some form of central bank that exists to stabilize the local currency, interest rates and positively influence the overall financial health of the country in which it exists. Each of these central banks might have a different name and slightly different function from one another. Ukraine’s central bank, for instance, is called the National Bank of Ukraine, and in the United States of America it is referred to as the Federal Reserve. It is this latter entity that is the namesake of our project. Overview From the Federal Reserve’s website (https://frbservices.org/), “The Federal Reserve, the central bank of the United States, was founded by Congress in 1913 to provide the nation with a safer, more flexible, and more stable monetary and financial system. The Federal Reserve carries out the nation’s monetary policy guided by the goals set forth in the Federal Reserve Act, namely ‘to promote effectively the goals of maximum employment, stable prices, and moderate long-term interest rates.’ ” Additionally, “The Federal Reserve Financial Services (FRFS) strategic direction focuses on meeting the evolving needs of payment system users for end-to-end payment speed, efficiency and security, while remaining true to our longstanding financial services mission to foster the integrity, efficiency and accessibility of the U.S. payment system.” And, ironically, this last part of the Fed’s statement is a major reason why unFederalReserve exists. Large banks tend to leverage the Fed to meet cash reserve requirements by borrowing directly from the Fed. Smaller banks and non-bank lenders either cannot nor will not access the Fed’s capital window directly in times of short-term cash crises. Instead, the smaller players are forced to rely on terms dictated by the larger banks with whom they often have deep rooted relations. This tiered structure is the nature of banking globally, with most if not all financial institutions eventually rolling up to the Fed itself. The Size of the Problem To give a sense of scale to the issue in the U.S, alone, please see the graph below and consider that of the 5,000+ commercial banks in the U.S., currently about 30 qualify as Giant (red) and another 115 qualify as Large (yellow). That leaves 4,850+ banks in the green and blue areas each having less than $10bn assets each. But these small banks are only a fraction of the market that either cannot or will not access the Fed window for capital. In the U.S., alone, there are, according to the Mortgage Banking Association, close to 18,000 non-bank mortgage originators, accountable for 50%+ of all U.S. mortgage originations, by the way. In addition, there are 23,000 payday lenders and 9,000 fintechs as of February 2020. This adds up to trillions of dollars in leant capital at any given time as is a huge driver of economic growth. These tens of thousands of entities not dealing with the Fed to meet immediate cash needs get their capital from other sources; namely, via line of credit agreements with the larger banks. The challenge arises when real-world payment latency (i.e. the late wire, the holiday closing, etc.) place these smaller entities at risk of violating their debt covenants tied to unrestricted cash. Or, when wires and payments arrive early and there’s no immediate use case for the funds. What Happens Today Specifically, the challenge is that bank negotiated lines of credit tend to assume draw periods (or length of time the loan will be outstanding) of 30 to 45 days. The bank that only needs the money for a short time period, say 1 to 3 days, will end up paying egregiously high amounts of interest for a very short term loan. These borrowing rates can approach 1% even under current conditions. Then there is the opposite scenario. Say you are a small, middle-market lender and have a great relationship with the community and vendors with whom you serve. Should they pay you back in advance of their scheduled payoff date, that excess cash is generally swept into money market accounts paying very little to no interest.The diagram above on the left is the current state for those middle-market lenders, and seek to implement the system on the right using currently available legal structures and technology. Conclusion Just like there are billions of unbanked individuals around the world, there are thousands of unFederalReserve’d entities being denied access to cheaper capital or allowed any type of returns on their fallow cash. Let’s work to use the power of blockchain technology to expand markets, make them safer and lower costs of capital for everyone. 🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊 Although the material contained in this website was prepared based on information from public and private sources that Residual Token, Inc. d/b/a unFederalReserve believes to be reliable, no representation, warranty or undertaking, stated or implied, is given as to the accuracy of the information contained herein, and Residual Token, Inc. expressly disclaims any liability for the accuracy and completeness of information contained in this or any article. This article, our website, social media posts and other public forum materials are distributed for general informational and educational purposes only and is not intended to constitute legal, tax, accounting, or investment advice. The information, opinions and views contained herein have not been tailored to the objectives of any one individual, are current only as of the date hereof and may be subject to change at any time without prior notice. Residual Token, Inc. does not have any obligation to provide revised opinions in the event of changed circumstances. All investment strategies and investments involve risk of loss. Nothing contained in this website should be construed as investment advice. Any reference to an investment’s past or potential performance is not, and should not be construed as, a recommendation or as a guarantee of any specific outcome or profit. Any ideas or strategies discussed herein should not be undertaken by any individual without prior consultation with a finance, tax or legal professional for the purpose of assessing whether the ideas or strategies that are discussed are suitable to you based on your own personal objectives, needs and risk tolerance. Residual Token, Inc. expressly disclaims any liability or loss incurred by any person who acts on the information, ideas or strategies discussed herein.



ERSDL vs CHZ | A-Z | Topics | ISO 20022


Privacy | Terms | Contact | Powered By LiveCoinWatch


bidya