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Amsterdam, Netherlands, 9th May, 2022, Chainwire — FNDZ.io, the decentralized social trading platform, is set to release its industry-first platform staking feature in May 2022.
FNDZ Staking is a mechanism that will give holders of FNDZ‘s native token, FNDZ, the opportunity to earn a portion of fee-based revenues generated by the copy trading platform. The FNDZ Staking contract is unique to decentralized finance (DeFi) platforms and rewards $FNDZ token holders in multiple tokens, allowing participants to earn large and small-cap tokens at the same time.
Introduction to FNDZ
Over the past year, FNDZ has emerged as one of the top copy trading platforms on the entire Binance Smart Chain ecosystem. Copy trading is essentially a trading method wherein individuals automatically copy the positions opened and managed by other selected traders.
FNDZ intends to be the bridge between beginners and experienced traders. The platform allows crypto-newcomers to copy the trading strategies of seasoned traders in return for a fee. FNDZ uses a combination of smart contracts and DeFi technology to make copy trading much more transparent, with all fees and results visible to investors at all times. With this, FNDZ aspires to accomplish two things; improve the profit margin of novice investors, and reward skillful traders by monetizing their trading advice.
The FNDZ platform is non-custodial, giving users full control over their private keys and personal assets. Investors deposit stablecoins into a smart contract vault, which allows traders to open and close positions on their behalf, without ever having direct access to their assets.
The platform has over 30 assets available for trading, including some of the top launches of 2021, such as Solar (SXP).
The addition of FNDZ Staking will add another utility…
