# Uncovered by dappSheriff: ReHold By [dappSheriff](https://paragraph.com/@dappsheriff) · 2024-01-14 --- > Uncovered is a special series from dappSheriff that analyzes various dapps, aiming to simplify your research process (DYOR). Please note that all dapps listed on Uncovered are not recommendations, and your capital is at risk. Intro ----- ### About ReHold: [ReHold](https://rehold.io/) is a DeFi protocol that uses the mechanics of Concentrated Liquidity Market Makers (CLMMs) to enable short trades with high annual returns (up to 240% APR). Precision in setting price ranges in CLMM allows offering high returns on investments that are exclusively designed for a concise time frame of 12- or 24-hours. The income is generated by providing liquidity to DEX pools using the CLMM feature and collecting all fees from trades made within our chosen price range. We have a unique algorithm that helps us identify the most profitable price range for liquidity provision. ### Backing: Missing information on the investments ### Business metrics: [https://dappradar.com/dapp/rehold/?range-ha=all](https://dappradar.com/dapp/rehold/?range-ha=all) ![](https://storage.googleapis.com/papyrus_images/319ada580adfac9a2fbf9353d215d5f023cdb1c30d9b0f015e9b79cee5e7fd23.png) ### Official registration ReHold Ltd., House of Francis, Ile Du Port Mahe Seychelles > Be aware: businesses might choose Seychelles for its tax benefits, privacy laws, or ease of doing business. However, these same reasons can sometimes attract less scrupulous operations. * * * Team: ----- * Founder details are publicly accessible and easy to find * Founders maintain a noticeable online presence through articles, updates, and various posts * Team members prominently feature on LinkedIn, displaying their past professional experiences ### Background: [Renat Gafarov](https://www.linkedin.com/in/renat-gafarov/) and [Mikhail Semin](https://www.linkedin.com/in/michael-semin/) are developers and entrepreneurs with experience of building Fintech companies with $1+ billion of monthly trading volume. A 5+ and going professional relationship between Renat and Michael goes back to when their joint expertise and efforts have given life to a number of financial products in the YouHodler ecosystem. Some of these products include Lending, Borrowing, Perpetuals, Duals, and more. Cumulatively, these products have earned YouHodler millions of dollars with a total turnover crossing the [1 Billion Dollar mark](http://youhodler.com/stats). While working together at YouHodler, Michael and Renat have come to a realization that being capped by an entity is not only limiting their personal and professional growth but also putting a cap on the overall DeFi sector development. Having high ambition and applicable financial and technological expertise, they have partnered up and founded ReHold. They personally participate in ReHold’s backend and smart contract development. * * * Audits & Risks: --------------- The team has passed 3 audits: * [Audit by Certik](https://skynet.certik.com/projects/rehold) * [Peckshield](https://github.com/peckshield/publications/blob/master/audit_reports/PeckShield-Audit-Report-ReHold-v1.0.pdf) * Hacken ![Certik Results](https://storage.googleapis.com/papyrus_images/ab9f494ef9c534d666ad20f6324e3b2db65d55b820d75525cf4e5c72a65097a8.png) Certik Results ### Audits concerns: * Privileged roles with authority over critical operational functions and core business logic. * Partial centralization. * Absence of KYC/KYB compliance. ### Risks: 1. Rapid fluctuations in the value of your tokens due to market dynamics. 2. Potential for significant losses if the market moves against your investment. 3. Difficulty in predicting short-term price movements, making it challenging to time your investments. 4. After making investments on the platform, funds are transferred to a Binance account, posing centralization risks. ### Respond from ReHold Team regarding centralization risk: `ReHold protocol earns money by providing liquidity to Concentrated Liquidity Market Makers (CLMMs) through liquidity pools (LPs). ReHold’s innovative algorithm allows users to optimize their returns and select the most efficient price ranges in liquidity pools. Operationally, we can use a wide range of tools to optimize the process, both DeFi protocols and cross-chain and other web 3 services (Uniswap, Pancakeswap, Trader Joe, Quickswap, Stargate, etc.) in order to be able to provide liquidity in different networks (Ethereum, Polygon, Arbitrum, Avalanche, etc.).` `According to the ReHold protocol architecture, we aggregate the transactions into a single transaction that is sent to Uniswap V3 and other CLMMs on different networks to reduce the gas costs for LP provisioning.` * * * Collabs and mentions -------------------- List of selected projects who supported/interacted/partnered with ReHold * **Arbitrum** * **Avalanche** * **Polygon** * **Linea** * **Trader Joe** * **GMX & Radiant Capital** * **GALXE** * **SafePal** * **OKX Web3** * **BSC** * **MoonPay** * **De.Fi** * **Nomis** * **Particle Network** * **SKALE** * **Chainstack** * * * Сommunity: ---------- **Discord:** High level of presence, Mid level of community engagement. The community and support teams actively interact with the audience, addressing all inquiries. **X:** High level of presence, Low level of community engagement. * * * **Feedback:** ------------- ### Proof of Profit While finding people sharing their profit proofs with ReHold is challenging, a few still do: [https://x.com/mosca\_eugenio/status/1669138253125918720?s=20](https://x.com/mosca_eugenio/status/1669138253125918720?s=20) [https://x.com/xendbis/status/1709122484069408912?s=20](https://x.com/xendbis/status/1709122484069408912?s=20) ### 👍Positive feedback:👍 Positive feedback typically highlights the Support team and user interface (UI). Sources: [dappSheriff](https://dappsheriff.com/rehold), [TrustPilot](https://www.trustpilot.com/review/rehold.io?stars=5) ![](https://storage.googleapis.com/papyrus_images/6ec01758079f049c6699173a17cbdc5b1ecd96e11c024783fc1754fb0fe4b15d.png) ![](https://storage.googleapis.com/papyrus_images/6abcf6b78f04d7d02ccd0337aaa36a9bd3632c36654078a838f6f5c69a11c9ea.png) ![](https://storage.googleapis.com/papyrus_images/5e4c7755acf61ed1b72a0ce58a4aaf724e87f3ec275038f52260aab4f365ea24.png) * * * ### 👎Negative feedback:👎 Negative feedback often stems from people not getting profits and incurring losses in dual investments. ![](https://storage.googleapis.com/papyrus_images/7b265005dc6d5933c21b2ff7f8162401522c74d3b7ec85808a86a1be8f4b9bbc.png) ![](https://storage.googleapis.com/papyrus_images/9dd640e26f748b123c91769568672e15975dc105b672860e8798017a64131502.png) ![](https://storage.googleapis.com/papyrus_images/5fda68cbb608a87e4b0f610643276b09750556d370a2cb375ae5e8617378c33e.png) > Negative feedback is always responded by the team. Usually responds to negative feedback look like this ![](https://storage.googleapis.com/papyrus_images/0d64936f207eb90d93a2dc2f4d4b4dc096f19f70586b97351bfd5a29188fdd49.png) * * * > Uncovered is a special series from dappSheriff that analyzes various dapps, aiming to simplify your research process (DYOR). Please note that all dapps listed on Uncovered are not recommendations, and your capital is at risk. > > 💚 If you found the Uncovered Article helpful, please consider supporting us by minting it and sharing on X --- *Originally published on [dappSheriff](https://paragraph.com/@dappsheriff/uncovered-by-dappsheriff-rehold)*