TRAKX- One stop shop for Crypto Trackers — Bounty Campaign

kartick sasmal
Sep 8, 2018 · 2 min read

Trakx is building a one-stop shop for Crypto Trackers. Crypto Trackers, also called Coin Traded Indices (CTIs), facilitate the taking of long and short positions on cryptocurrency.

Trakx.io is developing a platform to create, distribute and facilitate the trading of Crypto Trackers. Crypto Trackers are tokens which significantly reduce the complexity and fees associated with the setting of long and short positions on various cryptocurrency assets. Users will be able to trade onto the platform digital tokens that are positively or negatively correlated to the tracked underlying crypto assets.

Crypto Trackers are tokens which significantly reduce the complexity and fees associated with the setting of long and short positions on various cryptocurrency assets. Users will be able to trade onto the platform digital tokens that are positively or negatively correlated to the tracked underlying crypto assets. We will progressively offer a wide panel of Crypto Trackers which include, non-exhaustively, inverse trackers, levered trackers, basket trackers and stablecoins.

Crypto Trackers are ERC20 trackers that change proportionally to the percentage change in their benchmark, multiplied by a potential leverage factor, for any given day. Thanks to daily reset, CTIs have a compounding effect, whereby losses and gains from each period affect the base from which the next period’s returns are calculated. Each Crypto Tracker will be its own ERC20 token, and can be stored on Ethereum wallets as well as traded on Trakx.io. Crypto Trackers will include, non-exhaustively, inverse trackers, levered trackers, basket trackers and stable coins.

Get up to 250000 TKX token worth upto $25000

Total airdrop pool is 5,000,000 TKX tokens ($500k)

Step to follow:

  1. Visit- https://bounty.trakx.io/6217/4824366
  2. Sign up with name email and eth address
  3. Complete the social tasks one by one
  4. Share your referral link

More tasks will be added progressively.

Webste: https://www.trakx.io

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