Weekly Update 07-08
  • Staking news
  • Index vaults
  • New traders
  • Share your ideas with us!

Welcome to our latest FNDZ update

This week, the price of Bitcoin went up and down. After topping $24k, it fell back to $22,500 and then recovered to the $23k range. Ethereum, on the other hand, continues to rise. Prices briefly fell to $1580, but good news about the upcoming merger sent it back above the $1700 mark.

Two other coins worth mentioning this week are BNB and Flow. BNB gained more than 10% compared to the other top 10 coins, and Flow's price rose 100% on news that it will be used by Meta/Instagram to support NFTs in 100 countries.

Shares of Coinbase surged 30% after BlackRock, the world's largest investment firm, announced a partnership to sell bitcoin to institutional clients. BlackRock said the deal will allow top investors to monitor their bitcoin exposure and trade through Aladdin, while Coinbase will handle trading, custody, prime brokerage and reporting. "Initially, we will focus on bitcoin," the company said.

Staking news

This week, the number of FNDZ tokens staked on the platform increased by over 600k to a total of 6.4 million FNDZ tokens. This is more than 28% of the current circulation.

Index vaults

Our index vaults have been capitalizing on market growth over the past month. All index vaults are increasing in value and locking in more TVL each week. Total deposits have increased to over $15,000 and current TVL is over $17,500. The number of users is growing daily as more and more people learn how an index can help them maintain a balanced portfolio.

Auto-rebalancing vaults

We added a new section to the FNDZ platform called “AR Vault”'. Here users can find auto-rebalancing vaults that we are offering in partnership with other projects. The first project to join us is Venus (XVS) – an algorithmic money market and synthetic stablecoin protocol.

Venus has opened two AR (Auto-Rebalancing) vaults – one XVS/BNB and one XVS/BUSD. By making a deposit, you can hold XVS tokens with less downside risk while benefiting from long-term growth.

FNDZ strives to be the pioneer of AR vaults in DeFi and crypto. So if you know of a project that would like to open an AR vault, please refer them to us!

Best performing vaults

  1. Most Popular: ETH-Heavy Index;
  2. Best Performance: ETH-Heavy Index;
  3. Most Depositors: ETH-Heavy Index;
  4. Highest total value locked (TVL): ETH-Heavy Index;
  5. New Vaults: XVS/BNB and XVS/BUSD.
New traders

This week we announced not one, but two traders who will be opening a vault on FNDZ!

Eralp Buyukaslan

We are thrilled that Eralp will join FNDZ as a professional trader. Eralp is a highly skilled trader known for his expertise in fundamental and technical analysis. “There are plenty of traders in crypto who want a passive strategy. In FNDZ, I have the opportunity to share my approach to risk management and let my followers earn with me,” says Eralp. Find out more about Eralp here.

Fiery Trading

We are equally excited that Fiery Trading will join FNDZ. Fiery Trading is a specialist who runs a spot and futures signals business. “Copy trading is an excellent space for traders of all skill levels. The DEX market will undoubtedly benefit traders who want more transparency and custody of their assets,” says Fiery Trading. Find out more about Fiery Trading here.

Share your ideas with us!

We’re continuing to approach crypto companies with the option to start their own index for their community. Feel free to reach out to the team if you know of any traders or companies that could benefit from launching their own index or copy trading vault.

Spread the word and tell your friends 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.

Start
Copy Trading!