Frx token (Defi Hedge Fund)

chuks ezeobi
4 min readApr 14, 2021

Introduction

Bitcoin is a digital currency that was created in January 2009. It follows the ideas set out in a whitepaper by the mysterious and pseudonymous Satoshi Nakamoto.

Bitcoin offers the promise of lower transaction fees than traditional online payment mechanisms and, unlike government-issued currencies, it is operated by a decentralized authority.

All Bitcoin transactions are verified by a massive amount of computing power. Bitcoin are not issued or backed by any banks or governments, nor are individual Bitcoin valuable as a commodity. Despite it not being legal tender, Bitcoin is very popular and has triggered the launch of hundreds of other crypto currencies, collectively referred to as Altcoins.

The Altcoin market hugely rose in popularity during 2017. The largest Altcoin by market capitalization for most of 2018, Ethereum, rose from around $8 at the start of the year to above $1400 at one point. Massive market movements attracted traders and investors to place more and more positions in Altcoins in hopes of massive profits.

A hedge fund is a pooled investment fund that trades in relatively liquid assets and is able to make extensive use of more complex trading, portfolio-construction and risk management techniques in an attempt to improve performance, such as short selling, leverage, and derivatives.

Hedge funds are regarded as alternative investments. Their ability to make more extensive use of leverage and more complex investment techniques distinguishes them from regulated investment funds available to the retail market, such as mutual funds and ETFs. They are also considered distinct from private-equity funds and other similar closed-end funds, as hedge funds generally invest in relatively liquid assets and are generally open-ended.

Vіѕіоn and Mіѕіоn of Ferox (FRX)

This project strives to generate a pleasing return in just a few minutes even 30%, with the ability to increase the chances of some videos further. We have managed to hit both these Crypto options and destruction deals in 2017. Also, Ferox advisors is not just a hedge fund firm, it provides token hedge funds called Frx tokens. The Frx token is a trc20 token designed in the Tron Blockchain. With this combination, Forex advisor alpha hedge fund provides a decentralized token hedge fund with productivity capabilities and the benefits of the Defi ecosystem. Frx tokens can be purchased and received by users through the seed round program.

The Frx token will feature liquidity mining and standard yield cultivation, allowing its holders to retain tokens and generate dividends.
The project plans to deliver a total of 70,000 million Trx tokens the company said the 400 million tokens will be minted in the first year of the first year and sold and distributed in the second year. The rest will be set aside for split funding, special promotions and development roadmaps.

Some standard features of FRX token.

1. Yield Farming
This involves the process whereby users or investors put their tokens into work to generate returns. Yield farming is described as the reward users get from staking or lending their tokens for some time.

2. Liquidity Mining
This happens as a result of yield farming. It means getting token as a bonus besides the usual returns. It is the newly generated tokens from mining.

Why Frx token is one of the best decentralized hedge fund to invest on-
Decentralized
Frx token as a completely decentralized hedge fund, it eliminates the involvement of third parties.

Transparent
Frx token is open-source to permit a free flow of information between the team and the investors, providing the simplest transparent platform for investors.

Security
This platform is known for its high level of transparency through the use of smart contracts to make sure that investors’ funds are secured and not tampered with.

Low initiating fees
one of the challenges faced by a traditional hedge fund is that it has higher fees when starting up a hedge fund, but with a decentralized hedge fund like frx token, high fees are eradicated thereby allowing investors to start a decentralized hedge fund and receive money from investors.

Powerful trading tools
Frx token gives access to tap from different sorts of block chain-based money markets and at the same time provides investors with trading tools for easy and fast trading processes.

Zero management fee
This platform charges fees only on profits just as a vote of confidence in its strategies.

User-friendly interface
As a decentralized hedge fund platform, it is provided with an easy-to-use interface to compact the issues involving traditional hedge funds.

Privacy
This is one of the fundamental principles conceived by frx token. Frx token ensures that investor’s and user’s privacy are protected because when privacy is breached, user’s data and information will be lost.

Preset Risk Management.
The use of frx token helps to stop loss and it is predetermined before the trade and strict maximum loss limit are automatically put in place.

For more information please visit links below

Website: http://feroxadvisors.com/team
Twitter: https://twitter.com/feroxadvisors
Telegram: https://t.me/frxalpha
Medium: https://frx.medium.com/
Github: https://github.com/opentron/opentron

Author

BTT Username: chuxserve
BTT Profile: https://bitcointalk.org/index.php?action=profile;u=2027156
Telegram: @chuxservee

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