🍀 FRX TOKEN 🍀 DEFI HEDGE FUND 🏆

Introduction

Ferox Advisors

Ferocious Alpha

We are a trading advisor company managing derivatives accounts for proprietary trading and external clients with a focus on absolute returns. We are registered in the RAK free trade zone near Dubai with trading offices in Istanbul.

We have invented & vastly upgraded the key derivatives strategies of a few of the most profitable proprietary traders in the world for the last decade, and we are pleased to have launched a firm with an authentic edge in derivatives trading to propose to you the highest rates of return on your private capital.

We strive to maintain an annual return to investors net of everything of a minimum of 30%, with greater further upside potential on free gamma.

Since June 2017, we are also offering managed accounts on Crypto Currencies, which indubitably have become the most profitable asset class of the world in the 21st century. We specialize in exchange listed derivatives and can help you achieve benchmark defeating returns in two ways:

Managed Accounts

Contact us to create a structured managed account deal with us, trading derivatives or crypto currencies. As a vote of confidence in our strategies, we typically charge no management fees and only do profit sharing above the high watermark with a highly asymmetric return profile where yearly Return on Equity often surpasses risk by threefold or greater.

Private Enterprise

Join us as a private equity partner, where you can either apply to directly become one of our private shareholders participating in all future cash flows including Crypto Currency ICO's, or join in our physical trading (off-exchange commodities) and other alternative investment ventures on a case by case basis.

About Ferox Advisors

Ferox Advisors is a hedge fund established in late 2013 specializing in exchange traded derivatives. Developing our proprietary trading systems in-house, we made breakthroughs in different branches of asset management such as algorithmic scalping, event driven trading, volatility arbitrage, and options market making, and have expanded into crypto currency trading since 2017.

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 as a utility token while also getting entitled to pro-rata profit share from all company activities.

VISION

In asset management we started out striving to maintain an annual return on Equity net of everything of a minimum 30%, with further upside potential on free gamma. We have comfortably surpassed this initial target trading both options and crypto derivatives since 2017.

On Bitmex we have doubled our proprietary capital in less than 6 months of trading in 2019. We have achieved similar benchmark defeating results with tech stock options in 2020.

Having financed and improved upon our signature derivatives strategies, now we would like to offer even better return profiles to external investors. Moving 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 tokenized shares of a hedge fund, FRX will be the cryptocurrency of choice to make the price action batch directly from the Ferox Advisors website. These bets will be a dynamic version of prediction markets (or adjusted spread betting), users will be able to make daily bets on the up or down direction of prices of major crypto currencies and commodities like gold, silver, crude oil, and participate in payout structures guaranteed by smart contracts via the FRX token.

Profits from prediction markets will also accrue to FRX token holders on a monthly basis. In addition, 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 Tron based wallets.

Smart Contract & Tokenomics

Initial Supply and Valuation

There will be a max supply of 700,000,000 FRX tokens ever. At the first exchange launch (IEO or IDO) 1 FRX will equal 1 TRX, and only 8.6% of the token supply will be used for Seed Round Presales and IDO allocations, therefore creating a very natural demand for FRX once it hits the free markets .

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 FRX presale value of 0.03 USD, the discounted initial token offering with multiple bonus tiers on the seed round capped at 750,000 USD 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 quoted price of 1 TRX, whichever one is greater.

Emission and Allocations

The circulating supply for the year 2021 will be capped at 200 million FRX tokens. The tradable supply for end of 2022 will be capped at 400 million FRX, and the remaining 300 million FRX will be reserved for project development, AMM liquidity, vested dividends and prediction markets.

Of all the proceeds driven from direct FRX sales, 60% will always go into the proprietary trading account of Ferox Advisors, whose profits will be distributed pro rata to all token holders who stake FRX on a quarterly basis. 9% of all FRX will be reserved to pay developers, 5% for special events, bounties and promotions, and 25% as dividends and rewards to token holders.

Please see exhibit 1 for the full Tokenomics pie chart. If at any point, through whatever reason (direct sales, promotions, etc.), the circulating supply in the market exceeds the proposed amounts, Ferox Advisors will buy back the FRX shares from the market to keep the free float within the proposed limits.

After the initial promotional token sale period, there won't be any discounted offers of FRX ever, and the purchase price from the website of any future FRX tokens will be at least 1 TRX or equivalent to the aggregate market price of FRX, whichever value is greater. With these stipulations secured by smart contract clauses, we are confident that the FRX will offer tremendous market value appreciation as the project unfolds and Ferox Advisors' industry leading asset management methodologies come into play.

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 multiple wallets directly to Tron Blockchain as evidenced from the success of multiple e-gaming ventures, which offer similar betting mechanisms to spreads and prediction markets, which we aim to utilize via DAPP's on our website. Directly betting on 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 to peer distribution of all aggregate bets made on that underlying for the given time frame .

FRX is the world's first decentralized hedge fund token, combining a hedge fund's diverse alpha generation capabilities with the liberties afforded by a dynamic DeFi ecosystem.

🍀 FRX Token Seed Round 🍀 is now live with multiple bonus rates (up to 300% based on Investment tier). Please send only TRX or USDT (on Tron) to FRX master wallet:

TNXJVuvspMGZToiHhqZsXEH3oLTxsUDJCB

and you will get FRX back to your sending wallets according to the following index:

Up to 1000 USD (USDT) investment: 1 TRX = 3 FRX, (eg: 4000 TRX will get 12,000 FRX)

for 1000 USD to 8000 USD: 1 TRX = 3.3 FRX (25,000 TRX will get 82,500 FRX)

for 8000 USD to 20,000 USD: 1 TRX = 3.6 FRX (75,000 TRX will get 270,000 FRX)

for 20,000 USD and above: 1 TRX = 4 FRX (300,000 TRX will get 1,200,000 FRX)

When making a deposit, please use only TRC20 compatible wallets like TronLink & Trust Wallet, and not exchange addresses.

Equivalent rates converted to TRX apply for ETH or BTC investments; if depositing ETH or BTC, please send us an e-mail at info@feroxadvisors.com prior to sending the transaction to indicate the Tron Wallet you wish to receive your tokens in those cases. For sizable investments, we can also prepare a SAFT for you, let us know by e-mail or reach out to us on telegram.

After 750,000 USD Soft Cap is reached, Seed Round will be complete and any further

investments will be returned to the sending addresses. In that event, please wait for a new announcement here and on our social media channels for the new rates for IDO & listings.

Roadmap