A natural blockchain 3.0 asset, the FXF token is both an ERC20 and TRC20 standard token, acting as a gel between previously detached technologies and synthesising a significant part of the cryptocurrency multiverse into a mutually related sustainable entity.
Through this dual existence, FXF opens the door to cross-chain interoperability, allowing the trading of previously impossible pairs and opening up significant arbitrage opportunities.
FXF token can be described as a natural blockchain 3.0 asset because of the fact that it utilizes two blockchains, Ethereum and Tron. FXF is simultaneously an ERC20 and TRC20 standard token. Thus, FXF acts as a gel between the two previously detached technologies, synthesizing that part of the crypto multiverse into a mutually related, sustainable entity.
Through this dual existence, FXF opens the door towards cross-chain interoperability. One of the benefits of such a system is that traders are now able to trade previously impossible pairs, opening up huge arbitrage opportunities.
As the platform charges trading fees, reward pools are filled and distributed proportionally with the number of tokens staked through an automated smart contract. This compounding effect acts as an incentive for holders to utilise their FXF tokens, not just for trading, but for additional passive income.
These funds are used as a margin on underlying trading platforms and liquidity providers (yield farmers) are rewarded with FXF in return. This process is called liquidity mining and all FXF holders can utilise this innovative system in the DeFi industry to generate profits in FXF tokens.