Dec 18, 2021
FRX Token: A Blockchain Solution for Security Token Issuers
FRX is a solution to help security-token issuers and investors reduce transaction costs, avoid trading spreads, and seamlessly trade stablecoins along with other crypto assets. StableBits is the first decentralized asset management system built on top of the MakerDAO protocol.
It provides a decentralized exchange, price oracles for major tokens, and has connectors to external markets (like traditional securities) to enable synthetic exposures.
It’s a simple formula: you invest ETH, FRX issues FRX tokens, and then FRX takes over the process of trading, rebalancing and allocating your capital. And as with so many points that we’ve covered today: routing orders through StableBits preserves liquidity, minimizes slippage, and lets issuers impose compliance requirements on secondary trading.
Are your STO running on blockchain? Do you need expanded alpha generation? Meet FRX — decentralized set of tools for security tokens issuers powered by MakerDAO. Find out more in a new announcement!
With a locked-in value model, FRX aims to be the foundation of your smart-beta portfolio. We make these strategies accessible to retail investors by leveraging blockchain technology. This means crypto investors can benefit from the same industry leading technologies offered by pioneering firms such as Wealthfront and Betterment.
The FRX platform is transparent and immutable, auditable by all users and fully compliant with the laws of the Cayman Islands. Our technology offers additional benefits to our clients because we have built it with blockchain concepts in mind.
Our proprietary StableBits system supports each security token by tethering it to an underlying “stable asset” that is also directly held by FRX. The first integrations will be to major fiat currencies such as USD, EUR, CNY, and JPY, but this list is not limited to these assets.
FRX is a crypto-token that enables holders to participate in the performance of a market-cap weighted basket of other crypto assets, traditional assets or even baskets of real-world entities that are worth more than $500,000. The FRX Token can help stave off the volatility affecting many cryptocurrency holders by leveraging an existing platform designed with asset management in mind.
Rather than attempting to understand and manage each security, the FRX Token gives investors exposure to a wide variety of smart contracts backed by various types of value through one simple user interface.
Do you want to diversify your portfolio and get a percentage of profits in your favorite tokens (even stablecoins) without actually purchasing the startup token or the security token? You’re in luck. The FRX Network is a platform that allows investors to do just that.
FRX is a decentralized utility token that transforms the derivatives market while enabling investors to now trade cryptocurrency on margin through FRX smart contracts. Now anyone can participate in the lucrative world of diversified derivatives, traded completely on the blockchain.
FRX is a stable asset-backed token that aims to bring security token capabilities to the decentralized world.
FRX represents exposure to the crypto asset class while not requiring the user to lock up capital in a smart contract or centralized exchange. This gives you exposure at a fraction of the cost, risk, and complexity compared to directly buying and holding various cryptocurrencies.
Are crypto assets too volatile? Does it make more sense to invest in venture capital and startups with traditional assets? Do you have the wrong asset mix? Fr8 is here to help.
The crypto market is in an incredible bull run right now, but it’s still not something the masses have adapted to. It’s obvious that we’re in the early stages of a potentially massive shift in finance and commerce, but there’s still a lot of confusion around how institutional money will enter the market and what role security tokens will have.
