FRX - A decentralized token hedge fund that combines the capabilities of the alpha hedge fund generation

About FRX

FRX is the world's first decentralized token hedge fund, combining the diverse alpha hedge fund generation capabilities with the freedom provided by the dynamic Defi ecosystem.

FRX (Ferox token) is the hidden gem of the current hyperactive Tron Network with an advanced crypto team built around it, and real use cases with powerful intrinsic utility.

After launching the first Seed Round funding, FRX to date has amassed around 650 holders (and growing), so it's still as early as possible for you to find a true moonshot candidate in the crypto space, the total supply is locked at a maximum of 700 million.

Tron Network finally understands the value of the launchpad.

Ferox Advisors is a hedge fund that specializes in exchange-traded derivatives. Developed a proprietary trading system at home, and made inroads

across various branches of asset management such as algorithmic

scalping, event-driven trading, volatility arbitrage, and market creation options, and has evolved into a tradable cryptocurrency.

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-rate profit share from all company activities.

Vision FEROX

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.

At Bitmex, the FRX team has doubled capital in less than 6 trading months. FRX has accomplished something similar

Benchmarks beat results with technology stock options.

After refining and perfecting the strategy's signature derivatives, FRX now wants to offer even better returns profile for 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.

Utility

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), users will be able to make daily predictions on the up or down direction of prices of major cryptocurrencies and commodities like gold, silver, crude oil, and participate in payout structures guaranteed by smart contracts via the FRX token.

Profits from betting activities will also accrue to FRX token holders on a monthly basis. In addition, the FRX token will have standard Defi features of yield farming and liquidity mining, additional FRX, and TRX dividends will be paid on users who stake FRX and FRX pairs via our DAPP with their web 3.0 wallets.

Initial Supply and Valuation

There will be a max supply of 700,000,000 FRX tokens ever. At launch 1 FRX = 1 TRX and only 400,000,000 tokens will be minted for initial sales and distribution over 1 year.

Even at its inception when Ferox Advisors received its first private funding back in 2015, the company was valued at 5 million USD, so taking an average TRX value of 0.02 USD, the initial token offering will be at a great advantage to early investors.

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 issue price of 1 TRX, whichever one is greater.

10% of all FRX will be reserved to pay developers, 8% for special events, bounties, and proportions, and 10% as dividends and rewards to token holders.

Smart Contract Details

FRX is a TRC20 contract, Tron Network is selected as our primary platform of choice because of its speed and efficiency. Also instrumental in our decision was the convenience to integrate Web 3.0 interfaces directly to Tron Blockchain as evidenced from the success of multiple e-gaming ventures, which offer similar betting mechanisms to spreads and binary options, which we aim to utilize via widgets on our website.

Directly betting on the price of BTC, ETH and various other commodities 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.