📓PHASE 1

As soon as xrp hits 10$, we will immediately sell our full wallet amount of 100,000 XRP for a total value of 1,000,000 USDC. The main part of this amount will be invested at a trustworthy custodian or bank which will provide us with an absolute minimum of 6% APY.

At the moment we have had a few discussions with Coinmerce BV, a Dutch crypto custodian which is regulated with the Dutch National Bank. After deliberation we have decided that they are the perfect fit for our needs. They will provide us a stable and secure 7% APY which is enough to be able to payout all the investors.

Of course there are other platforms we can go with. Nexo f.e. offers an APY of 10-12%, but while we do not have any direct contact with them, the difference in profit just doesn't outweigh the risk. There is still a small possibility that we will invest a very small amount with them, but only when we are absolute certain that we already have the base passive income covered through a more trustworthy custodian like mentioned above.

After receiving our APY, it's time to pay our bull holders. To avoid any money loss due to crypto market fluctuations, we will only convert our yearly earned USDC to XRP, the exact moment this payment is set to go out to holders.

Our automatic system will first scan your wallet, count the amount of bulls you hold, connect you to the right tier, check the correct dollar amount for that tier and convert it to XRP. Then payment will then go straight to the holder's xrp wallet address. This way we avoid any issues with delays etc. to bank accounts, but also gives our investors full freedom to choose whatever they want to do with their income while they receive it in crypto.