Introducing MatrixETF — Cross-chain Enabled Decentralized ETF Platform
The world’s first Exchange Traded Fund (ETF) was created in Canada in 1990 and ever since their introduction, ETFs have grown to become one of the most popular products in the global investment industry and the total worth of index products is estimated to exceed $12 trillion by 2023.
Before moving forward into exploring this market;
What is an ETF?
An Exchange Traded Fund (ETF) is a type of security that tracks an index, sector, commodity, or other asset, but which can be purchased or sold on a stock exchange the same way a regular stock can. An ETF can be structured to track anything from the price of an individual commodity to a large and diverse collection of securities.
The Introduction of ETFs gave individual investors a chance to diversify their portfolio across different markets and earn with low risk involved as compared to stocks and bonds; hence, have grown rapidly and now, has been introduced into the Cryptocurrency market.
What is MatrixETF?
MatrixETF is the next generation of decentralized ETF platform supporting cross-chain whose aim is to establish a decentralized, automated, personalized and diversified ETF portfolio to lower the bar of the cryptocurrency market for ordinary investors, and help them obtain diversified strategic returns through more convenient operation process and more efficient portfolio allocation, so as to achieve long-term and stable wealth growth.
In recent times, the cryptocurrency market has experienced massive growth and inflow of new investors — a lot which are newcomers and the market isn’t a friendly one; hence, MatrixETF positions itself strategically to help ordinary investors partake of the market with low risk. There’s no need for:
Complex on-chain trading and transfer process.
Spending too much time tracking the direction of the crypto market regularly.
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Professional knowledge of blockchain technology.
Worrying about the numerous projects in the crypto market — a lot of which are scams.
MatrixETF products allows for investors not to worry much about individual assets, though overall knowledge of the market is required.
The vision of MatrixETF is to conceive a financial world in which the acquisition of wealth is a passive and automated process. Anyone can make fortune through the Internet regardless of geography and infrastructure, and obtain an open and transparent investment portfolio and various investment strategies to quickly and easily participate in DeFi finance so as to obtain income and incentives, and jointly determine the direction of development through DAO community.
MatrixETF Governance Token — $MDF
MDF holders can participate in the governance and decision making of what ETF products MatrixETF creates, investment strategies and asset categories of ETFs, etc.
MDF is deployed on Ethereum and Solana blockchain network, with maximum supply limit at 1,000,000,000 MDF tokens.
MatrixETF Products
MatrixETF is set to launch several ETFs to track quality tokens in the cryptocurrency market.
Currently, the Solanium Ecosystem Index ($SEI) has been launched through MatrixETF, to track 8 quality tokens in the Solanium market. These tokens include: SOL, SLIM, GOFX, CYS, PORT, WAG, CRP, MDF. They will be used to track the IDO project performances on Solanium.
The MatrixETF platform is managed by the MatrixDAO to include community members to jointly determine the construction and implementation of ETF products, and the development and future direction of the platform.
There will be subsequent announcements as more updates and products are being launched.
For more information, news and updates, follow MatrixETF on these platforms:
Website: https://www.matrixetf.financewww.matrixetf.finance:
Twitter: https://twitter.com/MatrixETF
Medium: https://matrixetf.medium.com://matrixetf.medium.com/
Group: https://t.me/MatrixETF://t.me/MatrixETF
Channel: https://t.me/Matrixetfoffical://t.me/Matrixetfoffical
