Weekly Update 04-09
  • Welcome to our latest FNDZ update
  • Index vaults
  • Trader Vaults
  • Staking Update
  • Trader Competition
  • Referral Race
  • Get in touch with us!
Welcome to our latest FNDZ update

It was a rough ride for Bitcoin this week, after nearly breaking the $22k mark, Bitcoin fell back to $20k, which seems to be the next demand zone. Ethereum touched on the $1700 mark last week and then fell to $1420 mid-week before recovering to just under $1600.

The founder of Thodex, a Turkish cryptocurrency exchange, faces 40,564 years in prison after fleeing the country with $2 billion last year. Faruk Faith Ozer stole the money of over 400,000 users of the exchange. He was arrested in Albania and is currently being sent back to Turkey to face trial.

An Australian family thought they were lucky after Crypto.com accidentally transferred $10.4 million to them instead of $100. Melbourne resident Ms. Manivel had been waiting for a $100 refund from Crypto.com when $10,474,143 showed up in her bank account. She shared the money with her family and her sister bought a house worth $1.35 million two weeks after receiving the money.

Crypto.com did not discover the error until seven months later during an audit and took legal action to recover the money. Crypto.com managed to freeze Ms. Manivel's accounts in February, but by that time most of the money had already been transferred to other accounts.

Index vaults

One of our verified traders, Caesar from DC Academy, recently said the following about index vaults on the Telegram.

"Index vaults are a long-term strategy. The best strategy is to dollar cost average (DCA) into an index or simply buy an index after the price has dropped significantly. The index is a good way to build a balanced portfolio that will reap its rewards when prices rise again. The automatic rebalancing system is very good for passive investing."

You can now strengthen the foundation of your portfolio with over 10+ index vaults. The index trades automatically and keeps your portfolio diversified. Discover more here.

Vault Update
  • Most Popular: ETH-Heavy Index;
  • Best Performance: ETH-Heavy Index;
  • Most Depositors: ETH-Heavy Index;
  • Highest total value locked (TVL): ETH-Heavy Index;
Trader Vaults

We currently have 16 trader vaults open, five of which are verified with a blue check mark. This mark indicates that the trader has passed the FNDZ verification process and has a proven trade record.

Some of you are asking why traders are not trading yet. The answer is simple: they are waiting for the right entry points, and that is what makes them professionals. Traders base their decisions on technical analysis and general market fundamentals. Their goal is to protect the vault's capital and make it grow.

Staking Update

The staking pool is still going strong with 7.1 million FNDZ tokens in the pool earning rewards. That's over 28% of the total supply in circulation and the APY is at 15.46% at the time of writing.

Trader Competition

Want to win $5,000 in FNDZ tokens? Then join the trader competition and become the champion!

We are holding a trader competition for everyone who wants to win big and earn praise.

The competition will run until November. There is a prize pot of $10,000 FNDZ tokens!

Referral Race

You can now win $1,250 in FNDZ tokens when you refer your friends!

Our referral competition is live and we’ve got a token prize pool of $5,000 up for grabs.

The more friends you refer, the higher your score!

Check out the announcement for more.

Get in touch with us!

Do you know any crypto communities that could benefit from starting their own index vault?

Feel free to reach out to the team if you know any traders, blockchain companies or communities that could benefit from starting a FNDZ vault.

And don’t forget to spread the word about FNDZ - The Home of Copy Trading!

Related Articles
Copy trading, also known as social trading, is a form of portfolio management where traders can copy and execute the trading strategies of more experienced traders using an algorithm. FNDZ is the first DeFi platform that makes copy trading possible from a truly decentralized angle. Read on to learn more.
Vault owners carry out trades on behalf of their depositors. Follow this guide and learn how to trade as a vault owner.
Crypto wallets are your ticket to engaging with the FNDZ platform. Read on to learn about cryptocurrency wallets and how to choose the right one for your needs.
Thinking of opening a FNDZ vault? If you want to earn rewards by benefiting others, this guide is for you. Do well by doing good.
Copy trading, also known as social trading, is a form of portfolio management where traders can copy and execute the trading strategies of more experienced traders using an algorithm. FNDZ is the first DeFi platform that makes copy trading possible from a truly decentralized angle. Read on to learn more.
Vault owners carry out trades on behalf of their depositors. Follow this guide and learn how to trade as a vault owner.
Crypto wallets are your ticket to engaging with the FNDZ platform. Read on to learn about cryptocurrency wallets and how to choose the right one for your needs.
Thinking of opening a FNDZ vault? If you want to earn rewards by benefiting others, this guide is for you. Do well by doing good.
Copy trading, also known as social trading, is a form of portfolio management where traders can copy and execute the trading strategies of more experienced traders using an algorithm. FNDZ is the first DeFi platform that makes copy trading possible from a truly decentralized angle. Read on to learn more.
Vault owners carry out trades on behalf of their depositors. Follow this guide and learn how to trade as a vault owner.
Crypto wallets are your ticket to engaging with the FNDZ platform. Read on to learn about cryptocurrency wallets and how to choose the right one for your needs.
Thinking of opening a FNDZ vault? If you want to earn rewards by benefiting others, this guide is for you. Do well by doing good.

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Copy Trading!