Due to recent local regulations, Japanese Resident Accounts are no longer supported at BITMEX, therefore, we have to suspend our “HIKARI PROJECT”
PLEASE STAY TUNED FOR FURTHER INFORMATION
THE ZERO risk community ARTIFICIAL TRADER
“OUR WINS ARE YOUR WINS, OUR LOSSES STAY OUR LOSSES”
“Hikari” a working codename which means “Light” / “Hope” in Japanese, “Hikari” is a custom developed trading bot designed to drive new streams of income to the HDX20 ecosystem.
“Hikari” has been designed to be the first ZERO RISK trading bot fully oriented toward the HDX20 community! Yes, the bot is trading funds like any regular bots but not your HDX20 funds, as an HDX20 contributor, you do not need to do anything special to get the benefit of the trading bot…only owning HDX20 token.
HOW DOES “HIKARI” WORK AND DIFFER FROM OTHER BOTS?
Well, we are trading exclusively our own funds and donations made by contributors.
We chose this path of development over a regular trading bot (available to many users) because whatever some people might claim, a trading bot cannot really scale up when many users start to interact with the platform as slippage and multiple orders would then need to be processed.
HOW DOES “HIKARI” DISTRIBUTE INCOME TO APPRECIATE THE HDX20 PRICE?
Every month (called 1 cycle) a share of the profit made from the previous cycle will be distributed automatically to the HDX20 platform(s) as described below:
- 25% of the profit made from the previous cycle is spread among all the HDX20 platforms (currently TRON & ETH).
- 25% of the profit made from the previous cycle is paid to the developer.
- 50% of the profit made from the previous cycle stays inside “Hikari” so the base asset equity can compound and gives monthly profit a chance to exponentially grow.
DONATION TO “HIKARI”
Besides trading our own funds, we do accept donations to “Hikari” (Only Bitcoin deposited to the following address: 1CyqE7Miud5vKYQwzoHCvarUwbaUPFxW98), those donations will go 100% to the bot scaling up any potential profit. For a generous contributor, making a donation will be like supporting the platform, kickstarting the bot, while still receiving an indirect benefit from that contribution in the form of a profit paid back to the HDX20 platform increasing the selling price of the Token.
HOW DOES “HIKARI” MANAGE LOSSES?
In the eventuality of no profit accounted during the last cycle, we do simply carry on to the next one with the current asset value as the start reference for the new cycle, no losses will ever be booked to any HDX20 contributors, only a share of our realized profit is distributed and nothing else, you can picture it as one of our games, playing automatically 24h/24h distributing profit to the platform once a month. We want “Hikari” to follow the same main idea behind the HDX20 ecosystem and to deliver something new, fresh and innovative in the “artificial crypto trading space”.
INSTRUMENT(S) AND MARKET(S)
We are currently trading exclusively Bitcoin futures on both Bitmex and Deribit markets, we selected Bitmex because they have one the best liquidity though not really the best execution and Deribit because of a reliable execution speed though not really the best liquidity (yet). During our normal operation, running funds are split 50/50 between those 2 markets which will also bring an extra safety layer, of course, we will adjust as we will be moving forward and add more markets if necessary granted they do provide API trading.
We hope you will welcome “Hikari” as something positive for the HDX20 platform and support it as much as possible by making a donation, even a small one. We envision the HDX20 platform to be not only about “Gaming” but a more global one, “Hikari” is the first “none gaming” feature developed for the ecosystem and will allow us to offer the best of the 2 worlds in 1 simple package, the combination of the stability of the HDX20 token and the positive volatility of the Bitcoin price.