Just in case you are just hearing about MatrixETF, you probably might have lots of questions going through your mind about the project. This is where I come in.
I will be dropping some relevant questions about the MatrixETF and answers that will aid you to learn more about the project.
Firstly, what is the aim of the MatrixETF: Its 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 a more convenient operation process and more efficient portfolio allocation, so as to achieve long-term and stable wealth growth.
Let head over to the Frequently asked questions (FAQs)
What’s ETF?
An exchange-traded fund (ETF) is a type of security that tracks an index, sector, commodity, or another asset, but which can be purchased or sold on a stock exchange the same as a regular stock.
What’s the difference between MatrixETF products and traditional ETFs?
How is the net value of the MatrixETF fund calculated?
The fund net value is the net asset value of each fund unit.
Fund Net Value=Total Fund Net Asset Value/Total Fund Unit
The total fund net asset means the sum of all fund value
The total fund unit means the total circulation of funds on the market
Generally, the initial value of the fund's net value is 1.
What are the benefits of purchasing ETFs?
- Reduce investment risk by diversified investments
- Reduce the threshold and cost of investment
- Supported by blockchain technology, safe and efficient transactions
- Clear and transparent components, high tracking efficiency
- Arbitrage mechanism to balance Net Value and Market Price consistent
- Redeem whenever you want in the basket of assets
Introduction of APP Tab functions:
- Buy: Use ETH and other tokens to purchase funds
- Mint: Create funds by a basket of tokens
- Swap: Exchange ETH and other tokens with funds
- Redeem：Ransom a basket of tokens by funds
- Info: Introduction page of displaying all the details etc.
What’s the difference of ETFs between ETH and Solana?
MatrixETF will make different ETFs depending on the ecosystems of public chains.
The main differences of ETFs between ETH and Solana are token types and proportions.
How does ETF choose component tokens?
MatrixETF adopts a weighting method calculated by weighting 70% of the circulating market value and 30% of the fundamental score.
How can we trust MatrixETF?
Audit_Reports-1:https://www.certik.org/projects/matrixetf
Audit_Reports-2:https://github.com/Quillhash/Audit_Reports/blob/master/MatrixETF%20Smart%20Contract%20Audit%20Report%20-%20QuillAudits.pdf
All assets are custody in the fund pool which is in charge of the Smart Contract, users can Mint and Redeem whenever they want. The code of Smart Contract will be audited in the audit company with an audit report.
However MatrixEFT is still an investment platform with certain risks, please check it cautiously before investing.
If you have more questions, any of the links below will be of great help:
Website: https://www.matrixetf.finance/
Medium: https://medium.com/@MatrixETF
GitHub: https://github.com/MatrixETF
Social media handles:
Twitter:https://twitter.com/MatrixETF
Channel Telegram: https://t.me/MatrixETFOfficial
Official telegram: https://t.me/MatrixETF
