Tokens FintruX has a variety of properties that enable our borrowers, lenders and service partners to grow well through our token ecosystem. Here is a short list you should know about how FTX provides a stable economic situation and significant benefits for all parties involved.
After the loan is issued on the FIntruX platform , the FTX percentage will be required to issue a fee for payment. This payment structure will contribute to our revenues and a portion of those costs will be automatically locked into the Smart contract system for the duration of the loan.
Over a period of time, FintruX managed loan portfolios will increase by X, meaning that even after being locked, tokens are released back into the market, there is a token deficit X (Fees) - Fees / Cost. This will cause FTX market supply to decline over time and token value increases significantly, which in other words is a success for our platform .
Ultimately, FintruX Network has its own regulatory mechanism - even if the FTX price increases, the amount of FTX needed to secure the loan will also automatically decrease. With this, token market inventory will remain reasonable regardless of how large FintruX will be, and will not affect the price of securing the loan.
2. Using FTX for Loans with Collateral
FTX can also be used to get loans directly by the borrower. This means that they will use FTX assets as collateral or collateral to secure their loans. The next loan they receive is in any currency, but the FTX used to obtain the loan will remain within the Smart contract system for the duration of the loan. This option is very attractive to cryptocurrency investors who want to obtain liquidity from their crypto assets.
We may consider this to be the 5th increase in cascading credit and use the FTX token as collateral to get a loan at a lower rate.
The guarantor can also use their FTX assets as collateral then receive a higher fee as their compensation package.
3. Getting Discounts on Partners Financial Services
In accordance with the amount given on the platforms mentioned above, both the borrowers and the guarantor may obtain discounts on partnering financial services; this increases the interest and demand of our tokens because customers of the financial services will undoubtedly want to use the FintruX platform as a one-stop solution for financial services - and can immediately leverage newly acquired loan funds for various needs, such as insurance purchases , paying bills, hiring, and so forth.
4. Giving a Bonus on Loyalty of Token Holders
We intend to ensure that the FintruX platform will continue to run sustainably over the long term. When the platform is released and starts operating, we will distribute loyalty bonuses, in the form of tokens to FTX token holders via platform lead . This will be a driver for platform growth .
5. Using FTX as Payment Intrument
As with other cryptocurrencies such as BTC and ETH, FTX can be used as a fiat currency intermediary to be transferred from the lender to the borrower, and vice versa. FTX is also acceptable to the borrower even when borrowing is done in fiat currency. Along with the growth of a balanced FTX platform , demand for FTX will also increase gradually. Therefore, as the platform grows , the FTX token may be in great demand by lenders either as principal or interest payments.
The borrower may:
- Borrowed in FTX form
- Borrowing in the form of FIAT currency, with FTX (hold)
- Make periodic payments in FTX form
We hope this will help every part of our community gain a better understanding of how FintruX will deliver meaningful value to its token holders, as well as why FTX will be a valuable asset for both traditional and future cryptocurrency markets . Make sure you read more about our project and visit our official website at www.fintrux.com. If you have any suggestions for the future development of FintruX, please do not hesitate to contact us via Telegram Channel.
For more detial Informantion :
Website : https://www.fintrux.com/
Telegram : https://t.me/FintruX
WhitePaper : https://www.fintrux.com/home/doc/whitepaper.pdf
BitcoinTalk Discussion : https://bitcointalk.org/index.php?topic=2286042
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