Hifi Returns in DeFi

This is not financial advice instead it is my belief that this project has the potential to be one of my best plays of 2021.
Of course Bitcoin is king, it’s the smart hodl of any crypto investment strategy but the days of near term 5x are behind us. It’s newer projects proposing solutions to areas largely untouched by the crypto revolution that can yield parabolic growth. The challenge is the ever expanding landscape is flooded with these projects and there isn’t a lot of data on the exact qualities one would evaluate to perform due diligence. So I wasn’t looking to invest in one when I was introduced to unFederalReserve and their token eRSDL by a cohort who knew of their founder Howard Krieger.
At Wells Fargo Howard built models for home equity pricing. At KPMG he built models of seriously complex securities. At WithumSmith+Brown he built models of securities, financial instruments and businesses. He was a managing director at famed merger and acquisition firm CBIZ Valuation Group.

During his career Howard identified inefficiencies and barriers to business in short term capital markets. Some were typical like middlemen and bureaucracy but others were unexpected. We often hear about predatory lending, the interaction of an unsophisticated borrower and sophisticated lender, but the reverse is equally detrimental. Predatory borrowing, the interaction of an unsophisticated lender and sophisticated borrower. So not only do lenders and borrowers in these markets need to account for the inherent inefficiency, they must expend resources to ensure they are not being gamed by another party.
unFederalReserve proposes a curated community of mid market, sophisticated, compliant, borrowers and lenders powered by the decentralized finance governance token eRSDL.
Curating the community allows parties to transact within a defined framework that is secure and offers near instant settlement. I recommend reading their Whitepaper for a technical in depth of the advantages and reviewing their timeline for planned development at unfederalreserve.com.

I purchased my eRSDL bag at $0.08 in February of 2021 through Uniswap using a Metamask wallet. At time of publication it’s trading at $0.59 for a current 7x gain. While significant this is still very early as a tier 1 exchange listing remains ahead of us.