First Haru Invest Portfolio
Trying out Haru Invest Earn options
Image by Alexandr Podvalny from PixabayTable of Contents
Creating my Haru Invest portfolio
I signed up with Haru Invest around mid February 2022 and deposited some BTC. Deposits in Haru Wallet already pay an interest but there are options to increase yields through products like ‘Earn Plus’ and ‘Earn Explore’.
Terms and conditions when subscribing to ‘Earn Explore’
Had to agree to this terms and conditions when subscribing to ‘Earn Explore’
Digital Asset Investment Product : Earn Explore
This service is an investment product that provides variable returns depending on the operation performance through investment management from the deposit date (date of product subscription) to the product maturity date when a Member deposits Digital Assets in this product. This may result in the loss of the total amount of the investment deposited depending on the investment performance. Members who use this investment service shall be fully aware of the risks of investing in Digital Assets and carefully determine their operations.
You agree that all investment activities performed in the Service represent your true investment intent and that you accept the potential risk of your investment decision. The Company shall not be liable for any loss or damage arising from the failure to recognize the risks associated with using the Service or using Digital Assets.
- Members can transfer Digital Assets to their investment products and receive deposit revenue.
- The Digital Assets deposited in this product are transferred to a cold wallet managed by the Company, transferred to external partners verified by Haru, and used for trading and operation.
- Return on investment fluctuates depending on the operating performance of the investment asset and we do not commit to a specific rate of return.
- This product has the risk of losing principal, and previous operating results do not guarantee future profits.
- The information used in the description and guidance of this product is based on reliable data, but its accuracy and completeness are not guaranteed.
- Members are subscribed to the product by the end of the coming quarter as of the date of deposit and can extend their subscription period through the Auto-Renewal function.
- Return on investment will be paid within 5 business days after the product expiration date.
- In the event of a return of more than 15% per year as of the maturity date, this product shall incur a performance fee of 15% of the total investment return (based on the number of Digital Assets) at the time of expiration of the product.
- The fee for using the product will be notified at the time of product subscription but may change depending on the operational situation afterward.
- Members are not allowed to withdraw deposit assets during the subscription period agreed at the time of product subscription, nor to drop out of product subscription within the product subscription period contracted by the Members.
- The Digital Assets deposited by a Member when signing up for the product are automatically transferred toHaru Wallet after the payment date of the principal and interest of this product. It is not allowed to withdraw directly from Earn Plus products to an external electronic wallet.
- Haru reserves the right to stop or terminate the investment service.
- Unless the law requires prior notice, we reserve the right to temporarily or permanently remove online access and restrict access to Haru products, including but not limited to restricting the use of Haru products and/or closing Haru products without prior notice. We shall not be liable for such actions. In addition, Haru reserves the right to hold or suspend the withdrawal of funds or assets belonging to you if you fail to comply with these terms and conditions.
- This product/account shall not be transferred in whole or in part to someone who is not a Member.
- The Company is committed to ensuring that the Service continues to operate without delay/stop. However, the Company may limit or stop all or part of the Service:
- If there are uncontrollable reasons like force majeure including but not limited to war, rebellion, natural disasters, or national emergency;
- If normal Service is disrupted for reasons including power outage, failure of facilities, or excessive server load;
- If there are unavoidable circumstances due to construction including but not limited to repair of service equipment;
- If the Service cannot be otherwise provided due to various circumstances of the Company.
- The Company shall not be liable for any problems arising from the change or suspension of the Services unless the Service has been changed or suspended due to the Company’s intention or gross negligence.
- In the event of a problem caused by the Company’s gross negligence, the Company shall compensate for damage caused by such negligence up to the limit of the Company’s assets. Regarding compensation for damages, all claims shall be made against the Company, and shall not extend to other individuals or organizations, including Service Members, affiliates, investors, employees, officers, agents, or advisors. Our liability for your claims is limited to the face value of the item or transaction or to the actual value of funds that have not been properly deposited or withdrawn. We are not responsible for you and the burden of the loss falls on you.
I decided to place a modest amount of BTC (0.001) into each of a few different options and see how things pan out after a couple of months.
These investments were initiated on 25 February 2022, during a time when the crypto market was trending downwards. It was also the second day of 2022 Russian invasion of Ukraine.
Investment 1: Haru Invest Earn Plus
Earn Plus allows users to lock their assets from 15 to 365 days. The rates are fixed at the point of creating the locked up asset account. The longer you opt to lock up the asset, the higher the interest offered becomes.
For my first locked asset account, I locked 0.001 BTC for 95 days:
- Starting Date: 26 Feb 2022
- Maturity Date: 1 Jun 2022
- Earn rate fixed at 10.77%
Updates to value of investment
| Date | Portfolio Value (BTC) | Gain (BTC) | Absolute Percentage Gain |
|---|---|---|---|
| 26 Feb 2022 | 0.001 | - | - |
| 4 Mar 2022 | 0.00100174 | 0.00000174 | 0.174% |
| 6 Apr 2022 | 0.00101102 | 0.00001102 | 1.102% |
| 20 Apr 2022 | 0.00101537 | 0.00001102 | 1.537% |
| 5 May 2022 | 0.00101984 | 0.00001984 | 1.984% |
| 19 May 2022 | 0.00102404 | 0.00002404 | 2.404% |
| 1 Jun 2022 | 0.00102764 | 0.00002764 | 2.764% |
Performance summary
- 95 days term for this investment ended on 31 May 2022
- received 0.00102764 BTC on 1 Jun 2022.
- earnings of 0.00002764 BTC works out to 2.764% of my investment amount of 0.001 BTC.
- annualized rate: 10.77%
Investment 2: Haru Invest Earn Explore (Strategy: Earn like the best)
The system automatically finds cryptocurrency with the most price fluctuation on the market at any moment and trades between those exchanges that allow you to gain the maximum possible profit. This strategy aims to generate maximum profit while minimizing the risk of loss by hedging against the inefficient points on the crypto market that create volatility. This product is recommended for those who want to follow the investment strategy of global top tier crypto traders.
- Strategy: Algorithmic Hybrid High-Frequency Trading
- Target Return: 25% Annually
- Fee:
- 0% fee if under 15% APR return
- 15% fee of the total profit if over 15% APR return
- Product operating start date: 2020-09-04
- Recommended for:
- Those who are targeting higher investment returns in addition to the returns gained from Bitcoin price changes
- Those who want to invest in the price volatility of the market but find it difficult to manually trade cryptocurrency due to the rapidly changing market
Updates to value of investment
| Date | Portfolio Value (BTC) | Gain (BTC) | Absolute Percentage Gain |
|---|---|---|---|
| 26 Feb 2022 | 0.001 | - | - |
| 15 Mar 2022 | 0.00100943 | 0.00000943 | 0.943% |
| 31 Mar 2022 | 0.0010162 | 0.0000162 | 1.62% |
| 15 Apr 2022 | 0.00102323 | 0.00002323 | 2.323% |
| 30 Apr 2022 | 0.00103061 | 0.00003061 | 3.061% |
| 15 May 2022 | 0.00103778 | 0.00003778 | 3.778% |
| 31 May 2022 | 0.00104582 | 0.00004582 | 4.582% (before performance fees) |
Performance summary
- term for this investment ended on 31 May 2022
- earnings (before performance fees) of 0.00004582 BTC worked out to be 17.6% annualized, thus a 15% performance fee was charged by Haru Invest on my earnings.
- performance fees computation: 0.00004582 x 15% = 0.00000687 BTC
- received 0.00103895 BTC in total.
- earnings of 0.00003895 BTC works out to 3.895% of my investment amount of 0.001 BTC.
Remark: glad that the active trading portfolio held up well and posted positive gains despite the crash of Terra Luna and UST on 9 May 2022.
‘Earn Like The Best’ performance Report
Investment 3: Haru Invest Earn Explore (Strategy: Farming just got easier)
Put your crypto assets to work by becoming a liquidity provider of Haru Invest’s very own swap pool. You will be able to lock-up BTC, ETH, USDT using this product and farm those coins at the best available rate. Through automated swapping system, the fees from Switch goes back to users according to their Pool contributions. Unlike other Earn Explore products, this product deploys a strategy that results in much higher returns but comes with higher risk as well. Farming just got easier is Defi swap made easy. For your convenience, the target returns are shown in USD values.
- Strategy: Liquidity Provider to community driven swap pool
- Target Rate (in USD): 35% Annually
- Fee: If over 15% annual return generated in coin and USD value generated, 15% on return
- Investment Period: 3 months minimum (matures on last day of three months after subscription, extension possible.)
- Recommended for:
- Those who are looking to maximize returns across various crypto assets (BTC, ETH, USDT)
- Those who want to invest in the crypto swap pool, but find it difficult to manually manage due to the rapidly changing pool status and rates.
- Those who want to experience DeFi but looking to do it stress-free via algorithmic trading and without bleeding gas fees.
Updates to value of investment
| Date | Portfolio Value (BTC) | Gain (BTC) | Absolute Percentage Gain |
|---|---|---|---|
| 26 Feb 2022 | 0.001 | - | - |
| 15 Mar 2022 | 0.00100316 | 0.00000316 | 0.316% |
| 31 Mar 2022 | 0.00100173 | 0.00000173 | 0.173% |
| 15 Apr 2022 | 0.00101968 | 0.00001968 | 1.968% |
| 30 Apr 2022 | 0.00102155 | 0.00002155 | 2.155% |
| 15 May 2022 | 0.00102877 | 0.00002877 | 2.877% |
| 31 May 2022 | 0.00101586 | 0.00001586 | 1.586% |
- Unlike the previous two strategies whose portfolio values were growing constantly, the value of the ‘Farming just got easier’ portfolio fluctuates.
- Returns are updated on the 15th and last day of each month.
Performance summary
- term for this investment ended on 31 May 2022
- earnings (before performance fees) of 0.00001586 BTC worked out to be 6.09% annualized, and since it was below 15% APY, no performance fee was charged by Haru Invest on my earnings.
- earnings of 0.00001586 BTC works out to 1.586% of my investment amount of 0.001 BTC.
Remark: glad that the active trading portfolio held up well and posted positive gains despite the crash of Terra Luna and UST on 9 May 2022.
‘Farming Just Got Easier’ performance Report
Analysis and future plans
In terms of performance, the 3 portfolios are ranked:
- Haru Invest Earn Explore (Strategy: Earn like the best): 17.6% annualized
- Haru Invest Earn Plus: 10.77% annualized
- Haru Invest Earn Explore (Strategy: Farming just got easier): 6.09% annualized
Notes:
- ‘Earn like the best’ had a target earning rate of 25% but only achieved 17.6%
- ‘Haru Invest Earn Plus’ was based on a fixed rate
- ‘Farming just got easier’ had a target earning rate of 35% but only achieved 6.09%. It was the worst out of the 3 portfolios.
I think the earnings were impacted somewhat by the general downturn of the crypto markets as well as the crash of Terra’s LUNA and UST in May 2022.
That being said, all 3 portfolios produced very respectable returns.
My immediate plans for June 2022 are to:
- increase my investment amounts
- continue to use the same 3 portfolios but place more weightage on ‘Earn like the best’; and less on ‘Farming just got easier’ since its performance was trailing behind.
Follow the updates for my Haru Invest Portfolio (2nd Batch).
Admin
Started investing in crypto towards the end of 2020.