Future (FTR) TOKEN USE CASE 1) (FTR) token is locked when the user buys one of our products (utility token) 3) FTR holders will be given governance rights on decisions such as: the contracts/products FUTURE issues, use of development funds, potential partnerships and the future roadmap once initial rollout of the decentralized ecosystem is complete In addition to token rights, holding FTR gives access to a proprietary set of market visualization tools & data compiled by the FUTURE team.
Take advantage of the fixed and funding rates offered by the funding crypto markets (up to 100% APY with a near 0 risk of loss in capital)
Market Data & predictive algo
FutureCryptocurrency provide market datas, trading dashboards and predictive algo to the holders, buiding a trader’s community within the Future ecosystem.
Utility token, governance token, offering a share of the business benefits
1) Future (FTR) token is locked when the user buys one of the products (utility token)
2) FTR Holders are granted a direct share of revenue from the FUTURE BUSINESS (50% of revenue generated is distributed to FTR holders monthly)
3) FTR holders will be given governance rights on decisions such as: the contracts/products FUTURE issues, use of development funds, potential partnerships and the future roadmap once initial rollout of the FUTURE decentralized ecosystem is complete
4) In addition to token rights, holding FTR gives access to a proprietary set of market visualization tools & data compiled by the FUTURE team
Aiming for decentralization
We’re moving onchain We’re building the proof of concept with a centralized organization. They will start moving everything onchain in September 2021 and expect our first fully onchain product to be available by the end of 2021.
A new step in Defi
FutureCryptocurrency already launched 4 contracts as of the 09/06 (2 fixed rate, 1 swap, 1 future contract). We target 12 products (3 type of contracts, 4 maturities) by the end of 2021.
-The FTR Team is in place to issue new contracts, market make these contracts, as well as manage the underlying risks associated with creating the positions necessary to offer these products.
-Each contract represents a tokenized position that is built on the corresponding Centralized Exchange (CEX) or Decentralized Exchange (DEX) as soon as the buyer purchases the contract from the market.
-The Future Coin team employs multiple strategies to achieve the yields desired representing the different contracts offered, each contract will vary based on the market & exchange the strategy is employed on (for example we may offer 2 futures contracts, 4 fixed rate contracts with different maturities & 1 interest rate swap )
-FUTURE offers Futures (long-only), Fixed rate contracts & Interest rate swaps on a decentralized marketplace powered by Serum & Solana.
-To align the interests of the FTR token and the products issued by the FTR Team, when a product is bought by a trader/investor, a small amount of FTR is purchased at market and locked into each product until maturity.
The FUTURE business
Future Contracts :
FutureCryptocurrency set up a bot on Binance for example. The bot will be listening to the Serum market as well. When someone buys one of the product on Serum, the bot on Binance automatically hedges the position.
Fixed rate contracts:
We’ll be searching, on a bi weekly basis, for the cheapest rate to deliver in the environment. We’ll then open the position (no delta position) and we’ll sell the tokenized position on DEX.
Fixed/Floatig rates swaps :
The idea is to have a 100 USD notional paying floating rate and receiving a fixed rate. We will be able to do this by opening a leveraged position on a cex (producing funding = floating rate) and hedging the resulting exposure with a future (providing a fixed rate)
The FTR token
Scarcity : The FTR token can be seen as a right for the holder to give us capital to manage if he wants to. When the FUTURE team will sell FTR token, they are in fact selling a management capacity. There is currently 1 million FTR issued. It is supposed to match a 3.5M USD maximum AUM. We expect to reach that target within the end of June.
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One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 6900+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.