1. Product Definition
This document governs the terms and conditions of the Saving Product named “Flexible,” one of
the savings management instruments available within the Saving Account service offered by DEX
TECH EOOD.
The “Flexible” product allows the Client, who holds an active Saving Account compliant with
AML/KYC requirements, to allocate funds in virtual assets towards a non-locked instrument with a
variable yield, structured based on an allocation in shares of an underlying investment fund.
2. Product Features
Technical information about the underlying fund:
- Fund name: DFI Capital SP
- Manager: Ancova Capital Management SPC (Cayman Islands)
- ISIN: KYG0428M1327
- CUSIP: G0428M132
- Fund administrator: NAV Fund
- Chairman of the Board: Carey Olsen
- Legal address: P.O. Box 10008, Willow House, Cricket Square, Grand Cayman, KY1-1001,
Cayman Islands - Official website: https://www.dficapital.io
- Yield model: Revenue-Based Financing with Trading Dev DMCC
Information about the underlying fund is also available on the official website:
https://www.dficapital.io. The Client holds no direct ownership of shares in the DFI Capital SP
fund. The Client’s deposit in virtual assets, made through this product, is collateralized by ‘Class A’
shares of the fund, acquired by DEX TECH EOOD in its own name and on its own behalf. DEX
TECH EOOD retains full legal ownership of the shares for the entire duration of the subscription to
the “Flexible” product, while recognizing to the Client all potential profits and losses deriving from
the performance of the underlying asset, in proportion to the value of the deposit locked in the
product.
DEX TECH EOOD allocates the amount subscribed by the Client to the purchase of Class A shares
of the DFI Capital SP fund. The expected yield is linked to the performance of the fund’s strategies,
mainly based on algorithmic trading and high-frequency trading through its affiliate Trading Dev
DMCC. DEX TECH does not provide any yield guarantees or protection of the nominal capital.
3. Payment and Recapitalization Methods
Interest payments can be requested by the Client on a monthly basis. If no request is made, the
interest is automatically recapitalized within the product. The payment of yields is not subject to
penalties, except in exceptional cases related to the liquidity of the fund.
4. Risks and Limitations
The Client acknowledges that yields are not guaranteed and that the investment carries risks related
to volatility, counterparty risk, algorithmic errors, intraday exposure, and the jurisdiction of the
Cayman Islands. There are no insurance covers or other forms of guarantees provided by DEX
TECH.
5. Disclaimers
DEX TECH EOOD disclaims any liability for negative fund performance, manager insolvency, or
force majeure events. The investor’s responsibility is full and direct, and the investment should be
considered high-risk.
6. Validity and Amendments
This document takes effect upon subscription and remains valid until notice of modification. Any
updates will be communicated through the Platform.
7. Link to the Saving Account Framework Agreement
These conditions supplement and do not replace the general Terms and Conditions of the Saving
Account. In case of conflict, the provisions of the Saving Account framework agreement shall
prevail.
The “Flexible” product has the following main features:
- Reference currency: USD
- No lock-up of funds: funds can be withdrawn at any time
- Interest payment frequency: monthly, upon Client’s request
- Automatic monthly interest recapitalization if no request is made
- Expected variable yield between 20% and 28% per annum
- No direct guarantees provided by DEX TECH EOOD
- Underlying asset: “Class A” shares of the DFI Capital SP fund, managed by Ancova Capital
Management SPC