Ferox Advisors a DEFI with multichain networks BSC and TRON
2021 was a turning point for cryptocurrency, in this year being an important year of the bull market, bitcoin reached extraordinary highs. ethereum is back in the limelight. and many new things happened during 2020–2021. even though the corona pandemic strikes throughout 2020, crypto seems not affected. the bull market started at the end of 2020 and is still going on today.
one thing that I like about the current situation, which is the market is very good. I get profit from every investment I have. I wish the market was like this now and then.
The crypto market is growing thanks to very interesting breakthroughs. decentralized finance (Defi) has become a very attractive breakthrough for all investors. defi is the start of the current bull market. defi gives everyone lucrative options that were unthinkable in previous years. all of this is possible thanks to blockchain technology and smart contract.
defi is a serious challenger to a centralized financial system. with defi, privacy can be maintained, security is better and cheaper because it can remove third-party intermediaries. defi gives everyone access to the financial system without distinction.
because of all that I have always been interested in Defi. as at this time, there is a defi that is quite good and deserves to be discussed. The project is called Ferox advisors (FRX), a decentralized Hudge Fund platform on the Tron blockchain network. Ferox aims to provide services without third-party intermediaries at a low cost.
Description of the Ferox project
Ferox Advisors is a hedge fund founded in late 2013 that specializes in derivatives traded on an exchange. Developing their trading system, Ferox Advisors made inroads in various branches of asset management such as algorithmic scalping, event-driven trading, volatility arbitrage, and market-making options, and has evolved into cryptocurrency trading since 2017.
Ferox Advisors Ltd is a private company and always will be like that. There will be no public offering in the traditional sense of the term. After noting interest from multiple sources to become shareholders to participate in all of their future cash flows, Ferox Advisors decided to launch a token generation event, so that investors can benefit from FRX tokens as utility tokens while also getting the right to a pro-rated share of profits from all company activities.
The purpose and vision of Ferox Advisors
In asset management Ferox Advisors started out striving to maintain an annual return on Equity net of everything of a minimum 30%, with further upside potential on free gamma. they have comfortably surpassed this initial target trading both options and crypto derivatives since 2017. At Bitmex, they have doubled capital in less than 6 trading months in 2019. Ferox Advisors have achieved similar benchmark defeating results with tech stock options in 2020. Having refined and improved their distinctive derivatives strategy, they now want to offer a better profile 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 managm ent or bureaucratic fees, while also maintaining their privacy, are among the fundamental principles that conceived FRX token.
Advantages and benefits of Ferox Advisors
- LOW TRANSACTION FEES: The good news is that with FRX, you don’t have to worry about high fees any longer. When compared to the use of credit cards for transactions
- No Inflation: There would be no physical currency there that is not at risk of inflation. However, these Token are exempted from such.
- ANTI-FRAUD: You should pick up your dancing shoes and get into the celebration mood for this. With FRX, the end has come to fraudulent activities usually carried out with credit cards. It is impossible to reverse any transactions made with cryptocurrencies. Theft can also be easily identified due to the technological system of currencies.
There are many fraudulent activities in the crypto space but you can learn how to avoid Crypto investment scams. - EASY ACCESS: As long as you have your phones or even a good internet connection, you are good to go with your FRX transactions. As if that is not enough, FRX can be accessed by people from all walks of life. It does not even have anything to do with geographical specifications. However, some cryptocurrency Companies cannot be encouraged for users in a particular region.
Details about the FRX token
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 production capabilities and the benefits of the DFI ecosystem. FRX tokens can be purchased and received by users through the Seed Round program. Users can get multiple bonus rates of up to 300% in this program. The bigger the investment, the higher the bonus.
In addition to participating in hedge funds, FRX is the preferred token of betting directly from the Ferox Consulting website. These bets will be dynamic versions of binary options (or bets on a consistent spread), allowing users to make daily predictions on the prices of large cryptocurrencies and products such as gold, silver, and crude oil via the FRX token in the payment structure.
FRX Token Informations
Name: FEROX (FRX)
Contract : TKTENn9v56yVKHu4obmdQGpe8wFVimczxq
Symbol: FRX
Decimals: 8
Circulating Supply : 700,000,000 FRX
Conclusion
according to the latest information I got from Ferox’s official blog recently. they want to create a multi-chain platform using the Tron network and BSC (binance smart chain). This will be very interesting considering the increasing support due to the existence of 2 blockchain networks on one platform. Judging from the current situation, I think this strategy is quite potent and good. these two networks are known to be very friendly, fast, and cheap. so investors will be very comfortable using it.
currently, Ferox advisors are still doing a Token Generation Event or you know it as a token sale. for the rate you can see it directly on their website, I will include the link below later. That is all about the discussion of mine this time, see you later in my next article.
Website : https://www.feroxadvisors.com
Medium : https://frx.medium.com/
Twitter : https://twitter.com/feroxadvisors
Github : https://github.com/opentron/opentron
Telegram : https://t.me/FRXalpha
Whitepaper : http://ferox.ml/wp/FRX%20White%20Paper%201.4.pdf
