To know about the present and future of FARAD

Farad Official
2 min readSep 7, 2020

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Farad is a decentralized asset management platform, serving professional investors with investment allocation needs in the global digital currency.

There is the quantitative hedge fund team from UK. The partners come from traditional financial backgrounds,they served as a senior quantitative analyst at Renaissance Technology, a well-known American asset company, the general manager of the investment quantitative trading department of British Pacific Asset Management Company, the director of Quantitative Investment in the Quantitative Trading Department of British Pacific Asset Management, and the director of the Wealth Management Department of Credit Suisse Bank. They have the rich experience in traditional finance.

At the operational level, Farad will launch 1.0 Creation Mining and 2.0 Staking Packages

1.0 Creation Mining

Price chasing burn: Swap sales mechanism is to sell the limited token FRD daily according to the joint curve, and the unsold FRD is burned to ensure that the token price rises according to the expected curve.

2.0 Staking start, Asset Package Launch

Users stake the FRD, generate f tokens through smart contracts, and f tokens automatically synthesize asset packages.

The types of asset packages mainly include basic synthetic asset packages, composite synthetic asset packages and active management composite asset packages. The basic synthetic asset package is anchored in value by major coins such as Bitcoin, Ethereum, and Litecoin, and the composite synthetic asset package and active management composite asset package are anchored in value by ETF and quantitative trading.

At the same time, liquidity mining provides additional token rewards. Tokens deposited in the A pool or B pool of the exchange can receive FRD tokens as a reward for promoting liquidity. The FRD holds the governance rights that represent the agreement, and holders can vote to determine the development direction of the FRD agreement.

After the holders staking to generate synthetic assets, not only can they enjoy the benefits of synthetic assets, but they can also enjoy the double benefits of rising FRD token prices.

Please scan to download APP for more details https://www.farad.vip/#/ start FARAD 1.0 Creation Mining now!

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