Spectre Project Update: Results Y6 Q4

In Q4 of the 6th year of operation, Spectre as a project continued to navigate a challenging market climate. While gains continue to mount on the project’s Rubicon and renewable energy positions, underperformance of traditional energy and financial trading linked investments has resulted in rewards per week remaining subdued. The team is working to remedy this situation as soon as reasonably possible, since the end of 2023.

Phoenix, the decentralised yield solution, has completed its first full year this May. We are pleased to report that all users are in the green, with APYs beating target expectations considerably as seen below. These results are net of all platform fees and exclude modest capital gains clients experienced, as Ethereum and Bitcoin ralled over the last year.

Phoenix’ userbase has now grown to close to 1,000 users, albeit the numer of actual depositors remains more modest, at around 6% of this figure. TVL (total value locked) has increased by approximately 20% over the year to just shy of c. $600k.

Development efforts underway:

• Phoenix Application: The team is busy building in payment-service-provider gateways which will allow users to deposit and withdraw into Phoenix, using traditional fiat modes of money like dollars and euros. The affiliate portal is ready, which allows existing users to spread the word and earn real time share in platform earnings, for life, as well.
• Platform Support: The Phoenix app supports Mac, PC, modern web browsers, and mobile devices as a web app. Continuous updates ensure the platform remains user-friendly and efficient.
• Growth Plans: Post-development of key features, focus will shift to scaling Phoenix through targeted growth and marketing initiatives. This strategic approach aims to enhance user acquisition and retention. Our initial focus is the country of Thailand with a dedicated asset commencing studies and outreach on the ground, shortly. The goal is to capitalise on the favourable attitude towards blockchain, in the region. Our initial target is to double active depositors and TVL.

Looking Ahead:

The team is evaluating multiple yield-generating opportunities to supplement SXDT income, anticipating the next blockchain sector surge. These efforts are expected to diversify income streams and enhance overall reward system resilience. The project’s rubicon positions taken in 2021/2022 continue to increase in value, along with its positions in renewable energy projects. We expect gains of these to begin to materialise significantly in 2025 and early 2026.

Plans are underway for an exclusive webinar to discuss the outcomes of the past quarter and explore future prospects for Phoenix and other R&D initiatives. This event will enable direct engagement with the community. More details will be shared soon via email to SXDT holders.

Regulatory Notice: Phoenix remains strictly closed to U.S. citizens.