Yes but my question was: how does TAAS generate profit which they will be able to share during quarterly "profit-sharing" if 1/7 of the capital has been invested in a longterm partnership which will be a HODL. Imo there is no net profit in july so nothing to share?
Hey
RAGEmond,
Well, to be clear about the situation; long-term partnerships does not mean that they don't generate capital gains.
In practice, a portfolio reshuffling (not necessary but is an option if some of the positions are really hot and profitable) can happen on the last day of the quarter if needed. At any given point, we understand the FIAT value of ETH that we need to allocate for the payout and may gradually accumulate it OR liquidate some of the positions.
Thank you!
Yeah I have the same question. But I think profit sharing will start from next quarter.
Hi
anahata,
You can refer to the answer I provided to RAGEmond.
Also; profits sharing are to start this quarter and the current date is scheduled to be in August.
Thanks!