FNDZ — a decentralized social trading platform, powered by Binance Smart Chain (BSC).
FNDZ details
FNDZ allows users to automatically copy the trades of experienced cryptocurrency traders. The platform uses decentralized finance (DeFi) infrastructure to enable transparent copy trading.
The FNDZ ecosystem consists of a token that has various useful features, and the FNDZ platform that allows users to place digital assets in expert-managed vaults.
FNDZ transfers ownership of the assets to the hands of the user. Trades can be copied with no more effort than connecting your MetaMask wallet to your vault and hitting "Deposit".
Distinctive features:
| Copy trade | Find the best traders in DeFi and copy their trading strategy automatically. |
| Index trading | Index funds help you to grow your portfolio effortlessly. The index contains several tokens and trades automatically when prices change. |
| Automatic storage rebalancing | AR Vaults will buy when the price falls and sell when it rises. This is an easy way to determine the market time without reading the charts. |
You can stake tokens and get a share of the performance reward. You will receive rewards in various altcoins. This is an easy way to get rewarded in Bitcoin, Ethereum, BNB and other tokens in one pool.
Vault managers can earn an additional 25% performance fee (on top of the standard 50%) when they stake 10,000 FNDZ tokens. The more you bet, the more you open. The maximum bonus is 25%.
In the near future, the platform will become a DAO and allow users to submit governance proposals to the token-based voting system. This ensures that the needs and desires of users are reflected in changes to the platform. Any user will be able to suggest changes to the platform. The community as a whole then votes on these proposals by using tokens.
How does staking work?
FNDZ Staking provides rewards over time. When you stake tokens, you get a share of the performance reward. Performance fees are set by traders and are charged on the profits, made by their vault. When fees are collected, 12.5-25% is sent directly to the staking pool. On the rates page, you can see the annual percentage income (APY). This is the number of annual reward tokens, calculated as a percentage of your contribution.
APYs are dynamic. When traders achieve high returns for their followers, staking rewards increase. This is because performance fees are only charged on profits.
You can stake as many FNDZ tokens as you want. For withdrawals before the end of the 10-day period, a fee of 5% of the total deposit is charged. Rewards are not automatically returned to the staking pool. You can cancel your rewards and add them back to the staking pool at any time.