(https://i.imgur.com/gFnymBt.jpg) (https://feroxadvisors.com/team)
★ WEBSITE (http://feroxadvisors.com/frx) ★ TWITTER (https://twitter.com/feroxadvisors) ★ TELEGRAM (https://t.me/FRXalpha) ★ MEDIUM (https://frx.medium.com/) ★ GITHUB (https://github.com/opentron/opentron) ★
Ferox Advisors, a celebrated asset management firm with extensive experience in derivatives and crypto trading is delighted to introduce to you the world's first DeFi hedge fund token FRX.
Having developed all of our proprietary trading systems in-house, we made breakthroughs in different branches of financial services such as algorithmic scalping, event driven trading, volatility arbitrage, and options market making, and have expanded into crypto currency trading since 2017.
Ferox Advisors Ltd is a private company and will always remain as such. There will be no public offering in the traditional sense of the term. Having noted interest from various sources into becoming shareholders to participate in all our future cash flows, we decided to launch a Token Generation Event, so that investors can both benefit from FRX tokens as a utility token while also getting entitled to pro rated profit share from all company activities.
There are many advantages to participating in a hedge fund in a direct and decentralized manner via ownership and staking of a crypto currency, to name a few:
1) No middlemen, bureaucracy or service fees
2) Pro-rata profit share guaranteed by smart contract
3) No political or tax-related barriers to entry
(https://i.imgur.com/8qAfJT0.jpg) (https://feroxadvisors.com/frx)
We strive to maintain an annual return on Equity net of everything of a minimum 30%, with further upside potential on free gamma. We have successfully achieved this both trading options and crypto derivatives since 2017. On Bitmex we have doubled our proprietary capital in less than 6 months of trading in 2019. We have achieved similar benchmark defeating results with tech stock options in 2020. Having finetuned and improved upon our signature derivatives strategies, now we would like to offer even better return profiles to external investors.
Removing fund structures, banks and custodians from the equation and giving an opportunity to the investor to directly own shares of a decentralized hedge fund, with 0 management or bureaucratic fees, while also maintaining their privacy, are among the fundamental principles that conceived FRX token.
FRX is a TRC20 contract, Tron Network is selected as our primary platform of choice because of its speed and efficiency. Having said that, we are in close cooperation with fully decentralized actors in the Tron ecosystem like Open Tron initiative and will keep this project independent from any political clout of crypto influencers or major blockchain players.
(https://i.imgur.com/t2b7NLU.jpg) (https://feroxadvisors.com/frx)
Beyond participating in the shares of a hedge fund, FRX will be the token of choice to make bets directly from the Ferox Advisors website. These bets will be a dynamic version of binary options (or adjusted spread betting with a binary outcome); users will be able to make daily predictions on the up or down direction of prices of major crypto currencies and commodities like Gold, Silver, SP500, NQ, etc, and participate in payout structures guaranteed by smart contracts via the FRX token.
Speculating on the price of a commodity will have better odds when users pick FRX instead of TRX to bet with, the payout structure will depend on peer 2 peer distribution of all aggregate bets made on that underlying for the given time frame.
Profits from betting activities will also accrue to FRX token holders on a monthly basis. Additionally, FRX token will have the standard DeFi features of yield farming and liquidity mining.
FRX and TRX dividends will be paid to users who stake FRX and / or FRX pairs via our DAPP with their web 3.0 wallets.
**************************************************************************************************************
ps. This topic is similar to our official ANN thread that might be found on other forums. I wanted to include a thread here as well to inform the community and invite active debate. The credit for this piece goes to Team FRX.
Today we have the possibility to attend another AMA in which Vispilio (Deniz Akgüner) founder and CEO of FRX will answer the most important questions. Participate if you want to have the possibility of receiving any of the prizes. Good luck to all of you.
(https://i.imgur.com/T2FSBBB.jpg)
In a period of approximately 48 hours, the FRX DAPP will finally be available to stake our tokens. Also, in a few days, the team will release more exciting news about the product launch. If you want more information about FRX you can visit the Telegram groups that you can find in the OP.
(https://i.imgur.com/jJLcX5y.jpg)
In a period of approximately 48 hours, the FRX DAPP will finally be available to stake our tokens. Also, in a few days, the team will release more exciting news about the product launch. If you want more information about FRX you can visit the Telegram groups that you can find in the OP.
(https://i.imgur.com/jJLcX5y.jpg)
Cool...
Another milestone for FEROX. 👍👍👍
Advance congratulations
FRX is now enrolled in the LATOKEN listing competition!
Don't forget to vote (eligible after following Latoken on Twitter) for us this week if you like to see FRX get listed on the increasingly popular LATOKEN exchange:
https://latoken.com/rewards/listing-competitions/696c7006-0cf9-47f2-8ac5-d84537bc0f88?utm_source=twitter&utm_medium=listing_competition&utm_campaign=lc_jun03_2022
(https://i.imgur.com/a3Xw4ve.jpg)