FEROX - Exchange-traded derivative hedge funds

About Ferox Advisors

Ferox Advisors is a hedge fund established in late 2013 specializing in exchange traded derivatives. Developing our proprietary trading systems in-house, we made breakthroughs in different branches of asset management such as algorithmic scalping, event driven trading, volatility arbitrage, and options market making, and have expanded into crypto currency trading since 2017.

Vision

In asset management we started out striving to maintain an annual return on Equity net of everything of a minimum 30%, with further upside potential on free gamma. We have comfortably surpassed this initial target trading both 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.

Utility

Beyond participating in the tokenized shares of a hedge fund, FRX will be the cryptocurrency of choice to make price action bets directly from the Ferox Advisors website. These bets will be a dynamic version of prediction markets (or adjusted spread betting), users will be able to make daily bets on the up or down direction of prices of major crypto currencies and commodities like gold, silver, crude oil, and participate in payout structures guaranteed by smart contracts via the FRX token.

Profits from prediction markets will also accrue to FRX token holders on a monthly basis.

Tokenomics

After listing FRX on a few reliable exchanges and / or DEX’s, there will be an option to buy directly from the website equivalent to a weighted average of the market price or initial quoted price of 1 TRX, whichever one is greater.

FRX Full Tokenomics Pie Chart

Roadmap

Mar 2017 - Ferox Advisors enters crypto space, starts trading crypto derivatives and GPU mining.
Dec 2017 - Ferox receives first external capital for managing crypto accounts.
Dec 2018 - Ferox enters Bitmex to algorithmically market make crypto futures and swaps while dynamically hedging crypto currency exposure.
Jun 2019 - In under 6 months of trading Bitmex account reaches 100% Return on Equity in BTC terms (more in USD terms).
Jan 2020 - Ferox branches out into arbitrage via Dex’s and smart contracts.
Jul 2020 - Ferox decides to launch FRX on Tron Network to offer a decentralized hedge fund to the world.
Oct 2020 - TRC20 prototype is completed and first test trades are made via AMM’s such as JustSwap.
Dec 2020 - FRX smart contract is finalized, and staking and liquidity mining DAPP development are underway. First test are done for wallet to smart contract interaction on Tron blockchain.
Jan 2021 - Token Generation Event. FRX Seed Round Private Sales launch on Ferox Advisors website simultaneously with Bounty campaigns on the leading crypto forums to build an organic community composed of independent individuals.
Mar 2021 - First real trades and promo liquidity of FRX gets listed on an AMM like Justswap. Negotiations of a Launchpad IDO on either BSC expansion or Tron Network are underway. Bridging and swap methodologies are in place to enable FRX to coexist at equivalent value on both blockchains following the IDO launch.
May 2021 - Staking DAPP is finalized. 60% of all proceeds from FRX sales go to Ferox prop accounts whose trading profits are to be shared with FRX stakers proportionately on a monthly basis.
June 2021 - IDO is complete and at least 10 million FRX is liquidity locked to enable liquid DEX trading. FRX launches on at least 1 more exchange to enhance harmonious free market trading.
Aug 2021 - FRX dividends and liquidity reward programs are getting regularly distributed to stakeholders. First testing of the prediction and daily price action betting markets of major instruments via Ferox website.
Nov 2021 - To be continued. . .

Please follow the link below for more information:

WEBSITE: http://feroxadvisors.com/
WHITEPAPER: https://ferox.ml/wp/FRX%20White%20Paper%20V1.5.pdf
MEDIUM: https://frx.medium.com/
TWITTER: https://twitter.com/feroxadvisors
TELEGRAM: https://t.me/FRXalpha

Author: cold_murchete
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile
Tron Wallet Address: TDqZFfwenHtrfaf1VyAdEMUirQ9Tw4YrFu