FNDZ is a decentralized, EVM-based social trading platform that consists of an ecosystem of traders who interact through this platform and make use of the FNDZ Token as a means of exchange on the platform. FNDZ is a social platform designed to link individuals so they may communicate and share information about investments. FNDZ offers users the chance to share pertinent information with other users and to promote their talents, much like other social media sites like Facebook or Instagram. FNDZ, on the other hand, focuses solely on information about cryptocurrencies, in contrast to many social media networks.
The best DeFi copy trading platform in the world is established by FNDZ. The copy trade process is decentralized through the usage of decentralized finance architecture. With no needless middlemen or secret fees, FNDZ connects novice investors with seasoned traders in an ecosystem that is transparent and devoid of trust. The FNDZ platform, which is run by audited smart contracts, enables anyone to profit from the experience of seasoned pros by just automatically duplicating their transactions in exchange for a tiny fee.
Successful traders and their personal networks, fans, and followers can interact in a transparent and decentralized environment thanks to FNDZ.
The FNDZ platform enables users to emulate profitable traders without the hidden costs associated with centralized social trading platforms. The following of different cryptocurrency vaults allows users to access charts, graphs, and other helpful details about the trader and their asset strategy that they can emulate.
Now, FNDZ is changing its organizational structure to a decentralized autonomous organization (DAO). FNDZ will develop into a DAO and become a platform for users, run by users. This implies that the community as a whole will be responsible for all governance and significant choices. They are taking this action as a result of our firm belief in the advantages of decentralization and the community’s constructive influence on FNDZ governance.
Who are the founders of FNDZ (FNDZ)?
Despite not publicly disclosing their founders, FNDZ’s core contributors are listed on their website.
What is FNDZ (FNDZ) used for?
Initiatives related to governance may be proposed and voted on using FNDZ coins. To avoid excessive capture by early successful participants, governance — the norms of procedure and operation of the platform — is managed by the FNDZ team during launch and for a brief period afterward. However, when the user base grows, the community will take over governance. Anyone with FNDZ tokens can use them to start a governance proposal in the real spirit of the people. These suggestions are made directly to the FNDZ users, who can then use their tokens to up-vote the suggestions they find most appealing.
Also, trader tournaments are funded by the FNDZ Treasury and FNDZ tokens that convert back to FNDZ. These competitions provide traders with additional direct incentives to improve their performance, which is advantageous for all parties. Top traders can also use them to stand out and sell themselves by demonstrating exceptional performances.
The FNDZ Platform has a ton of helpful tools that give customers access to a wealth of data on trade metrics, financials, and other indicators. With the help of these features, traders and their strategies can compete with one another, while investors can access a wide range of metrics.
How is FNDZ (FNDZ) unique?
A completely transparent, decentralized, and trustless social trading platform is what FNDZ offers. In order to lower risk, FNDZ additionally provides safe, non-custodial user fund storage and thoroughly audited smart contracts.
In order to begin trading, asset managers set up a vault that includes a list of all assets as well as all pertinent data, such as their trading approach and average monthly return. Users benefit from a transparent fee structure that makes it clear to them who and how much they are paying when they imitate another trader’s transactions. The platform uses an order book model and assesses fees for creation, management, performance, referrals, and trading:
- When traders build a vault for their strategy, they are charged creation fees.
- The traders who are followed must pay the management fees that they set. The management fee is an additional 2%. Traders that set up and run vaults for others are compensated with management fees.
- Performance fees are trader compensation for effective asset management. At first, they are set to 20%. This fee is only assessed when a trader makes a profit, hence it is not assessed when there are losses.
- Referral fees are rewards given to other members once they successfully refer new depositors to a vault.
How many FNDZ (FNDZ) coins are in circulation?
It has a maximum quantity of 100,000,000 FNDZ coins and a circulating circulation of 49,754,947 FNDZ coins.
As a utility token, the FNDZ token serves as a means of exchange for network users. It can also be used to vote on ideas for governance, like alterations to the fee structure. Additionally, traders can receive FNDZ for recommendations or pay for front-page advertising. And with a large amount in circulation, the following token distribution is used by FNDZ:
Seed: 12% for $0.08 over a 24-month vesting period.
Private Sale: 20%, $0.12 price, 24-month vesting period.
Launchpad – 2%, fully unlocked, for $0.24.
24 months of vesting for the 6% advisors.
20% of the team, invested over 24 months.
10% of incentives are given to traders who face hurdles.
Treasury – 20%, totally unlocked money for protocol development
10% marketing investment spread over 24 months.
How is FNDZ (FNDZ) network secured?
On Binance Smart Chain, FNDZ is a BEP-20 token. The proof-of-stake consensus mechanism secures BSC. To verify transactions and preserve blockchain security, 21 validators are chosen every 24 hours. To qualify, these validators must stake a minimum number of BNB tokens with Binance.
How do I buy FNDZ (FNDZ)?
The FNDZ token can be used for a wide range of purposes, like staking and payments.
FNDZ (FNDZ) tokens can be easily purchased with the following steps.
* Open an account with the crypto trading platform of your choice.
* Transfer the specific amount of your fiat currency to your account.
* Wait for your deposit to be confirmed and buy CNS through your trading account by swapping with BTC, ETH, or USDT pairs.
Which
Cryptocurrency Wallet Supports FNDZ (FNDZ)?
The PTPWallet platform supports many cryptocurrencies, with FNDZ soon to be included. Because of its vast use case, PTPWallet has grown to become one of the most popular platforms, as it serves as an exchange and an engine to discover other cryptocurrencies. The platform offers a simple user interface, is supported by both Android and iOS devices, and comes with its own mobile wallet app.
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