Ferox Advisors: Hedge Fund + DeFi
Introduction:
Ferox Advisors is a trading company that specializes in using investors funds to trade assets and return their investments with profits using their own strategies and low risk. Investing companies also do the work of bringing profits back for the investors, but hedge fund companies such as Forex Advisors use their own strategies that you can trust. There are mostly professionals found in hedge fund companies, and they are completely reliable to trust with your funds. The company was first introduced in late 2013, and they have been trading derivatives until recently when they added cryptocurrency to the list in 2017.
Initial Supply
About 700,000,000 FRX tokens will be supplied in total. At the launch of the FRX tokens, 1FRX will equal 1TRX. 400,000,000FRX tokens will be minted for disbursal in a year. The company's betwirth is quite impressive as far back when the company earned its first private funding, it was worth 5 million USD. So, looking at the present price of TRX, the initial token offering would be something that the participants would not want to miss. After FRX is mentioned on trusted exchanges and DEXs, users can now begin to buy the FRX tokens straight from the official website of Ferox Advisors.
Note: FEX is run on the Tron network, and it is preferable for users to make use of TRC20 supported wallets to deposit their tokens rather than transfers as there could be loss of funding.
Allocation of FRX
200,000,000 FRX tokens will be the circulating supply of FRX in the year, 2020 and the tradable supply of FRX tokens by the end of 2021 will be 400,000,000 FRX. There would be remaining 300,000,000 FRX tokens and those tokens will be kept mainly for development and special needs in the future. Therefore, out of the total 700,000,000 FRX to be distributed, only 300,000,000 FRX will be unlocked and it will be disbursed to the users by the 1st of December 2021.
The earnings gotten from direct sale of FRX token will also be given to the users. First, the platform on its own will take 60% of the earnings and it will go to their proprietary trading account and it is from this account that Ferox Advisors will reward their users on a quarterly basis.
10% of the total supply of FRX tokens will be kept aside to pay their developers, 8% will be for special events and bounties that might occur and 10% as reward for the token holders. If the circulating supply ever surpasses the amount of tokens proposed, Ferox Advisors will repurchase free FRX tokens in the market to keep the numbers stable.
Conclusion: Ferox Advisors is one of the companies that you should trust because you can't normally see this I'm any DeFi platform. Not only individuals can participate in Ferox Advisors but also private companies. FRX token pre-sale is currently ongoing and you should be a part of it. Join the pre-sale today to be one of the first to experience this productive decentralized hedge fund platform.
ADDITIONAL INFORMATIONS :
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
Publishers Details :
Bitcointalk Username : Bukalala
Bitcointalk profile link : https://bitcointalk.org/index.php?action=profile;u=2835402