Introduction:
Ferox Advisors is a trading company that uses investors funds to trade assets such as gold, s&p 500 etc, and bring back profits for them which is gotten from their personal strategies with lesser risks. Investment companies makes use of investors funds, and bring back profits, but hedge fund companies such as the Ferox Advisors platform do so using their own strategies that they trust. Mostly experts are found in hedge fund companies, and this people are people you can always trust with your funds since they know the ups and downs of the business. This platform was originally introduced in late 2013 where it has been trading derivatives, until in 2017 when they added cryptocurrency to the list.
Initial Supply
A total of 700 million FRX tokens will be supplied, and at the time of launch, 1FRX will be at the same value as 1TRX. 400 million FRX tokens will be minted for distribution in a year's time. The company's net worth is quite fascinating as it was worth 5 million USD at the time it received its first private funding. Now looking at the present price of TRX which is 0.02USD, the initial token offering is an event the early investors shouldn't miss for anything. Immediately the platform's token is mentioned on trusted exchanges and DEXs, it can now be bought directly from the official website of Ferox Advisors.
Note: The FRX token is built on the Tron network. Users of the platform are advised to use wallets that support the Tron network instead of transfers to avoid loss of funds.
Allocation of FRX
200,000,000FRX tokens will be supplied in total in 2020, and the tradable supply of these coins at the end of 2021 will be 400,000,000. In total, about 700,000,000FRX tokens will be distributed to users for life. 300,000,000FRX tokens will be hidden for use in developing road map, special events etc. So, out of the total 700 million tokens to be circulated, only 300 million of them will be unlocked and distributed to users of the platform by the beginning of the year, 2021.
The earnings that will be obtained from the sale of tokens to token holders will be equally disbursed to users. This is how it will work: 60% of the profits gotten from direct sales will go to the proprietary trading account of the platform, and it's from these profits that Ferox Advisors will reward their users.
10% of the total supply of the FRX tokens will be used to pay the developers of the platform, 8% for bounties and important events that might occur in the future, and 10% will be distributed to the holders of the FRX token. If the circulating supply of the tokens ever surpasses the total number of tokens proposed, Ferox Advisors will obtain FRX from the market in order to keep the numbers in check.
Conclusion: Ferox Advisors is a trading advisor company that should be trusted, because you can't normally find this in any DeFi platform. Private companies and equity partners should have in mind that they are also eligible to trade with Ferox Advisors, and not only traders.
THE TEAM MEMBERS
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