Fractal to partner up with GSR

Reaching out to our Fractal Community for feedback

Fractal
Fractal
May 7 · 3 min read

Dear Community,

As we are approaching listings on top-tier exchanges, we would like to gather your feedback on our plans to distribute FCL 9.0m from our reserve for liquidity purposes to GSR. Founded in 2013, GSR is the leading trading firm in the cryptocurrency ecosystem. GSR Markets’ institutional grade software suite has been battle-proven in crypto markets.

Why involving a market maker or liquidity provider?

Market makers play an important role in increasing the accessibility and liquidity of cryptocurrencies to traders, investors, and market participants globally in real-time. Market making is an activity whereby a trader simultaneously provides liquidity to both buyers and sellers. Liquidity is the degree to which an asset can be quickly bought or sold without significantly affecting the price stability.

Markets that have low liquidity will generally have wide bid-ask spreads in their order books that can increase the volatility, therefore rendering it more difficult for traders to get a fair price for their trade. Also, the overall liquidity of a market greatly influences its growth as it allows more orderly entry and exits points for traders and dramatically reduces slippage.

“Working with GSR seems like the safest and also most professional choice for our Fractal Token (FCL) to be traded at the highest level and growing volume globally”, Julian (Founder & CEO, Fractal) says.

What does this mean for the future?

Working with market-leading service providers helps top-tier exchanges welcome listing FCL. Looking ahead, we will continue to involve our community in crucial decisions living up to the principles of the web3 and listening closely to your strong voices and deep insights.

So, please send us your comments and feedback underneath this article or use our main Fractal Telegram Channel here: https://t.me/fractal_protocol — we are happy to hear from you.

About Fractal Protocol

Built on Polkadot, Fractal Protocol is an open-source, zero-margin protocol that defines a basic standard to exchange user information in a fair and open way, ensuring a high-quality version of the free internet. In its first version, it is designed to replace the ad cookie and give users back control over their data.

Make sure to -

This article does not include elements of any contractual relationship. This article shall not be deemed to constitute a prospectus of any sort or a solicitation for investment or investment advice; nor does it in any way pertain to an offering or a solicitation of an offer to buy any securities in any jurisdiction.

For the avoidance of doubt, please note that the Protocol has not been fully developed. Any statements made about the Protocol are forward-looking statements that merely reflect Fractal’s intention for the functioning of the Protocol. There are known and unknown risks that can cause the results to differ from the forward-looking statements.

Fractal does not intend to express investment, financial, legal, tax, or any other advice, and any conclusions drawn from statements in this article or otherwise made by Fractal shall not be deemed to constitute advice in any jurisdiction.

Fractal’s intended purpose of the Tokens is to be used as means of payment for the services that will be offered within the Protocol (the “Services”). The purchase, ownership, receipt or possession of Tokens carries no rights, express or implied, other than the right to use Tokens as a means to enable usage of Services in accordance with the then-applicable terms of use relating to the Services offered within the Protocol. The Tokens do not represent or confer any ownership right or stake, share, security, or equivalent rights, or any right to receive future revenue shares, intellectual property rights or any other form of participation in or relating to the Protocol, Fractal, Service Providers or any of their corporate affiliates, other than any rights relating to the provision and receipt of Services, subject to the applicable terms, conditions or policies that may be adopted by participants in the Protocol.

Fractal

Don’t pay for the Internet with your personal privacy

Fractal

Fractal is an open source zero-margin protocol that defines a basic standard to exchange user information in a fair and open way

Fractal

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Fractal

Fractal is an open source zero-margin protocol that defines a basic standard to exchange user information in a fair and open way.

Fractal

Fractal is an open source zero-margin protocol that defines a basic standard to exchange user information in a fair and open way

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