The Concept of the MatrixETF :
The MatrixETF is based on on-chain governance , and all the operations are carried out through the block chain , which avoids risk of data fraud and Centralized control.
MatrixETF aims at providing and making sure that financial freedom is passive by establishing a decentralized and diversified ETF platform.
MatrixETF is driven by the DAO community.
Specific investment products, investment strategies and asset classes are all jointly proposed and voted by #MDF holders..
What is MDF?? MDF is the MatrixETF platform’s native token, and it serves as the MatrixETF community’s governance token. Holders of MDFs have access to the following features:
Community Vote:
MDF holders automatically earn the rights to vote on MatrixDAO and the validity of this vote depends on the amount of MDF token acquired . What does this mean ?? To increase your rights to vote, it's advisable you acquire more MDF tokens.
Liquidity Mining:
Liquidity mining entails locking in crypto assets in protocols in return for governance privileges in the protocol. MDF holders can access liquidity mining and stand a chance to governance privileges.
Buy-back Destruction:
MDF holders stand to gain from buy-back burn of the token as the MatrixETF platform hopes to periodically burn tokens bought back to increase the value of the token for it's holders. MatrixETF's funds invest in high-quality blockchain and DeFi tokens.
Now with the rise in DeFi products , anyone, regardless of geographical location, can make a fortune on the Internet and acquire a MatrixETF investment portfolio.
ccording to the overall performance of the cryptocurrency market, MatrixETF will launch a series of conceptual ETFs to track the quality tokens in the blockchain industry and Defi.
Also, MatrixETF has a unique Mint/Redeem mechanism of ETF in its primary marketplace, which means investors can exchange ETFs to mint stocks & cash, as well as can exchange stocks & cash to redeem ETFs.
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
Multi Assets 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
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
