Deposits
An overview of Gray Fund Deposits (Updated September 2024)
Last updated
An overview of Gray Fund Deposits (Updated September 2024)
Last updated
Who can deposit?: of the Gray Digital, Gray Fund are able to deposit funds towards their Principal balance.
When can I deposit?: Participating Members can deposit funds during the deposit window each quarter. This deposit window falls on the last two weeks of a given quarter. For example: Last two weeks of March Last two weeks of June Last two weeks of September Last two weeks of December These dates will be updated on the , twitter, telegram and discord community.
Where do I deposit?: Deposits are completed on the Gray Digital , within the decentralized application (dApp) . This requires the connection of a verified wallet address. Once your wallet is connected, you will scroll down to "Deposit" on the dApp (reference image below).
What do I deposit?: Deposits can be made with USDT and USDC on nine (9) networks: Ethereum (ETH), Binance Chain (BNB), Polygon(MATIC), Avalanche (AVAX), Optimism (OP), Arbitrum (ARB), Base, Solana (SOL) and Tron (TRX).
What is the Minimum or Maximum amount for deposit?: There is no Minimum or Maximum amount for deposit. In the event that a Participating Member would like to deposit a large amount (Over $100,000.00), please contact members first.
Is there a “lockup” of invested funds?: There is no “lockup” of funds other than the one public withdrawal window per quarter made available to all Participating Members. All withdrawals of rewards are subject to a 15% fee.
Direct Wire Transfers: Large Deposits also have the option to utilize a wire transfer from the Participating Members bank or credit union directly to the Gray Digital corporate account. These funds will then be immediately transferred to the IBKR Brokerage upon receivership.
