Overview
FOXIFY, is the first fully integrated web 3 synthetic perps and prop trading application. Taking a huge step beyond the 'Perps Dex' - by offering traders the ability to qualify for funding through the FUNDED application, allowing the trader to retain 80% of any profits they generate. Prop Trading is a $6.2bn a year industry, with zero presence in web3 in 2024. The unique combination of the FOXIFY + FUNDED applications creates a significant upside for traders, enabling them to 25x their collateral in under 6 weeks, with no greater downside risk than other trading platforms.
Key features of FOXIFY include:
Perpetuals Trading: Allows trading with up to 50x leverage on various trading pairs
Staking Rewards: Users can stake FOX tokens to receive a portion of the platform's trading fees in FOX tokens.
Deflation: FOX tokens are burned systematically by the ebFOX staking pool, making FOX deflationary. A break from traditional perps dex tokenomics that dilute token holders up to 5x over token release schedules.
Decentralized Framework: All trading operations are executed on-chain, using impartial price feeds from our partners PYTH & CHAINLINK enhancing transparency and reducing risk.
FUNDED, A Proprietary Trading Application: FUNDED allows traders to access huge funded trades and keep 80% of the profits, with no KYC, or up front fees.
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