To be eligible for Grayscale’s Dynamic Income Fund, investors must have net worths greater than $2.2 million or assets under management surpassing $1.1 million. An investment fund designed for affluent investors willing to expose their portfolios to profits from staking cryptocurrency tokens has been unveiled by Grayscale Investments.
A recent announcement states that clients with a net worth of at least $2.2 million or more than $1.1 million in assets under management are the only ones eligible to invest in the Grayscale Dynamic Income Fund. The company plans to distribute funds to investors every quarter and convert weekly staking winnings into US dollars. Furthermore, according to Grayscale, a thorough selection process will be used to determine which proof-of-stake (PoS) tokens are included in the fund’s portfolio.
As Per Grayscale, The Fund’s Primary Goal Is To Maximize Net Income From The Asset
“Because every token has a unique timeline and stake and unstacks requirement, it handles the complexity of staking and unstacking multiple tokens.” According to Grayscale, the fund’s primary goal is to maximize net income from the assets, with capital growth coming in second. By locking up cryptocurrency tokens to generate interest or incentives, a process known as crypto staking helps to maintain the blockchain network’s security and effectiveness.
Three PoS tokens have been identified by them as being held in the fund: Osmosis (OSMO) with a 24% stake, Solana SOL tickers down $197 with a 20% share, and Polkadot DOT tickers down $9.29 with a 14% share. The remaining 43% of the tokens are classified as other tokens.
