MatrixETF Unique Mechanism

ABOUT

HERE IS HOW IT WILL WORK

Multi Assets Mint

  • Once users enter the amount ETF which they want to purchase, APP will calculate automatically the number of consistent tokens.
  • Once you click Mint, the wallet will deduct consistent tokens to Smart Contract.
  • Smart Contract will transfer consistent tokens to fund pool.
  • Fund pool will transfer a consistent amount of ETF to user’s account.

ERC20 Mint

  • Once users enter the amount ETF which they want to purchase, APP will calculate automatically the number of consistent tokens.
  • Once you click Mint, the wallet will deduct consistent tokens to Smart Contract.
    Divide ETH according to the proportion of fund constituent tokens and transfer them to smart contract.
  • Smart Contract will transfer consistent tokens to fund pool.
  • Fund pool will transfer a consistent amount of ETF to the user’s account.

ERC20 Redeeming

  • Once users enter the amount ETF which they want to redeem, the APP will calculate automatically the number of consistent tokens you would receive.
  • Once you click Redeem, the wallet will credit consistent tokens to Smart Contract.
  • Smart Contract will transfer consistent tokens to the fund pool.
  • Fund pool will transfer a consistent amount of ETF to the user’s account.

Ensure to check out for more information:
Website: https://www.matrixetf.finance/

MatrixETF

Thank You!!!

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Joseph Archibong

Joseph Archibong

Crypto Enthusiast, DeFi/Blockchain Ambassador, Noda Cryptocurrency Network Ambassador, Keplerswap Content Creator, GenshiroDefi Social Media Influencer.