🟩About STFX
Last updated
Last updated
STFX is a DeFi and SocialFi protocol designed to facilitate Social Trading & Automated Investment Opportunities, utilizing unique gamification elements and providing an immersive trading experience for all styles of traders, all On-chain.
The core protocol innovation is the concept of Single Trade Vaults. STFX Vaults are purpose-built, non-custodial vaults that specialize in short-term, active management and are dedicated to a single trade.
STFX Vaults can be contextualized as compact vaults that exist solely for the duration of each trade. They differentiate from the conventional long-term, multi-asset portfolios found in both DeFi and TradFi sectors.
STFX acts as a marketplace between Traders and Investors. It allows Investors to profit from Trade Manager's knowledge and execution, while allowing Traders to monetize their trade ideas/alpha by earning up to 20% Performance Fees (depending on their $STFX Staking Tier) on the profits they make for their investors.
STFX allows users to deploy, manage and invest in Vaults that align with their current market views on a particular asset. Using STFX, traders are able to attach a video or an image to their vault to best convey their trade thesis. As a platform, STFX allows for more productive ideation, dissemination, and monetization of trade ideas.
Previous options limited traders to sharing their setups on sub-optimized social channels (Twitter, Discord, Telegram etc.) where they compete for user attention against generalized content and algorithmic clickbait engines. Furthermore, a trader may have generated large economic value to a consumer of their information, but had no method of monetizing the idea beyond loose capture methods like referral links. The STFX platform affords traders an opportunity to transform trade setups into an actionable, monetizable vaults, which can be joined by anyone instantly.
A plethora of captivating features and trading opportunities are available at STFX. The implementation of Subscriptions, designed to offer immediate instant manager liquidity, as well as frictionless investing for users, has massively enhanced the platform's functionality. Additionally, the introduction of Stake-to-Boost has enabled larger vault capacities, bigger manager trading fees, and a range of additional perks, further amplifying the potential of STFX as a whole. Aggressive implementation of new DEXs and trading pairs has solidified STFX's commitment to respond, adapt, and service the diverse needs of its userbase.
