Stackr: The Saving Solution for the Blockchain Community

Stackr: The Saving Solution for the Blockchain Community

Update

This project doesn’t seem to be active.

Its latest social media publication happened in early 2019.

The Stackr Telegram group only displays automated messages and also seems inactive.

The recently launched StakerDAO (STKR) token is unrelated to Stackr, though it uses the same ticker, except on the Tezos blockchain.

For these reasons we’ve moved this project to the Dead Coins section.

Original Text

“Stackr” or the “Stackr Solution” is a complete global long-term savings solution, through which a personalized trust structure allows investors to hold a diversified portfolio of both capital anddigital assets.

The intersection of traditional finance and modern-day financial technology has enabled the Stackr Group to pioneer this innovative, secure and flexible savings solution in a regulated environment.

Saving

Saving has long been the cornerstone of wealth generation. As technology evolves, it is apparent that savings solutions need to move forward in a similar manner. The Stackr Group promises exactly this by minimizing traditional frictions (fees, taxes etc…) that adversely impact savings solutions, while providing dynamic investment choices within a secure trust structure. Stackr is the first of its kind.

The core investment choices are curated with an emphasis on delivering long-term sustainable results. Digital asset exposure affords investors an opportunity to track an index of top crypto assets with the option of protecting against drawdown. Capital asset choices allow investors exposure to global markets, with a machine learning driven risk management approach facilitating adaptive long-term exposure. The ability to hold fiat (US$) and crypto affords investors flexibility.

Stackr clients will benefit from an affordable, personalized international Trust Account, which allows for the nomination of beneficiaries, and facilitates smooth intergenerational transfer on a tax-efficient basis.

Consolidated administration and third-party custody keep assets safe while a web portal enables ease of use and flexibility.

Stackr Trust Accounts

The Stackr Solution provides clients an elegant and simple solution to hold assets within a secure, international Trust Account usually reserved for high net-worth individuals. The architecture that supports Stackr has been designed by a team with decades of experience in creating and managing global investment products in conjunction with a highly specialized team of data scientists and blockchain engineers to provide a robust financial savings solution.

Stackr leverages best-in-class service providers and legal constructs to provide holders of Stackr Trust Accounts with the following:

  • The security and stability of a robust international jurisdiction boasting mature, tried-and-tested trust legislation.
  • Capital and digital assets in one place.
  • US$ and crypto holding choices.
  • Ability and freedom to move seamlessly, at low cost, between capital and digital asset investments.
  • Deferred taxes (in circumstances where the Stackr savings model permits tax deferrals for users, which in some cases may occur where taxes are typically incurred with respect to capital gains when liquidating an investment).
  • Beneficiary nomination, permitting investments to safely, seamlessly and cost-effectively transfer to beneficiaries in the event of death.
  • Digital onboarding and advice with no entry fees, no exit fees and no traditional financial advisor fees, via a digital user interface.

Investors can simply hold US$, EOS, BTC, ETH or STKR so as to allow maximum flexibility.

Several asset classes may be held at Stackr Trust Accounts:

Stackr Token Generation Event (TGE)

Stackr Cayman Limited’s STKR tokens token generation event (TGE) will be instrumental in providing the funding required to promote user adoption and disintermediate the investment industry.

Stackr Token (STKR) allocation will be as follows:

The Stackr Solution is expected to be live and fully operational in Q1 2019. Capital raised will be used for two main purposes, user adoption and product enhancement.

STKR is an eosio token that can be readily transferred and stored at the discretion of the token holder. STKR can be stored and traded within the Stackr Trust Account. The economic incentive structure of the Stackr Solution have been carefully designed to ensure that the value of STKR is tied to the growth and success of the Stackr Solution.

The STKR token has several functions within the Stackr Solution. These functions define the utility of STKR and underpin the demand that is expected to drive the value of STKR.

Quantitative Tightening

25% of Allocated Revenue (defined below), or 10% of the Stackr Trust Account revenue (whichever is greater), will be allocated for the purchase of STKR Tokens off the open market monthly in perpetuity. As part of the Quantitative Tightening Protocol all such purchased STKR tokens will be permanently removed from circulation. For purposes hereof, Allocated Revenue means total revenue, less costs of goods sold, operating ex-
penses, interest payments, and taxes in respect of all Stackr-related operations.

Staking for Discounts

Account holders can reduce the Stackr Trust Account fee by up to 50% by staking STKR tokens.

Rewards for Referral Activity

10% of all STKR tokens has been reserved to reward holders of Stackr Trust Accounts who refer new users to Stackr.

All Stackr TGE participants will have the option of receiving a Stackr Trust Account.

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