The decentralized finance (DeFi) space keeps evolving, with platforms emerging to challenge established projects like Uniswap (UNI). Theres a new term called PropFi represent Proprietary Finance or more commonly known as Prop Trading.
A new challenger is a decentralized Trading platform that offers advanced features and benefits like real capital for traders, analytics tools, and a unique Trade2Earn model. Despite being in its presale stage, experts believe it will thrive and become a key player in the DeFi, PropFi and TradFi sectors. Will it grow into the next big platform to compete with Uniswap?
FXGuys: The Multi-Asset Trading Platform Empowering Traders
FXGuys is a decentralized Trading platform that is developing a protocol that will serve the needs of all traders. Being an advanced multi-asset trading platform, FXGuys is designed with analytics tools and provides access to real capital that helps empower traders. These features have made it rank among the top opportunities of 2024, despite being in its presale stage.
The platform has security and privacy components strengthened by advanced technology to help operate FXGuys’ PropFi platform. The project offers up to $200,000 in trading capital for ambitious traders to manage, with profits being spilt 80/20 in the traders favour. Users also access the exclusive Trade2Earn model that lets them earn $FXG tokens with each trade on indices, crypto, commodities and FX.
As a community-centric network, FXGuys blends DeFi to offer crypto payments, transparency, and exclusive rewards that boosts the trading experience. Its massive portfolio of tradable products is perfectly developed to cater to the community. Additionally, FXGuys publishes learning materials, news, trading strategies, and other important materials to enable traders to grow and thrive.
$FXG is the utility ERC-20 token that powers the platform and offers holders governance voting rights. The $FXG token lets holders access benefits like trading discounts and profit share. If you are questioning the legitimacy of this project, you can rest assured knowing that Soken and SolidProof have both audited the $FXG smart contract.
The project’s Seed funding round sold out in 24 hours, with only FXGuys News email subscribers purchasing the token at $0.01.
$FXG is now in the Private sale phase valued at $0.015. Its official Stage 1 public sale will launch in ten days enabling investors to acquire the tokens early enough. Seed round investors will enjoy a 900% profit once the presale concludes at Stage 6 and lists on mainstream markets at $0.100. However, current investors can realise 100% profit when $FXG transitions to Stage 1 of its public sale, selling at $0.030.
Uniswap Labs Overcomes CFTC Setback, Strengthens DeFi Position
Uniswap Labs, the entity behind the UNI project, recently had to contend with an order served by the US Commodity Futures Trading Commission (CFTC). According to CFTC, Uniswap Labs offered leveraged and margin retail commodity transactions in digital assets.
This order required Uniswap Labs to pay a fine of $175,000 and cease violating the Commodity Exchange Act (CEA) once the complaint was resolved between the CFTC and Uniswap. Despite this ordeal, UNI remained resilient. The token plunged shortly after the news broke before it rebounded.
Analysts believe that Uniswap was resilient due to developments in its network. Notably, Uniswap partnered with Cantina to launch the biggest security competition in DeFi history consisting of a $2.35 million prize pool to audit the much-expected v4.0 code. This initiative will make v4.0 the most extensively audited code ever deployed on-chain. This move would set a new standard for security and reinforce UNI’s leading position in the DeFi space.
With such competition, Uniswap is expected to see crypto whales flock to the platform since they mostly care about security.
UNI encountered considerable price fluctuations recently, registering a significant surge as investors seek investment opportunities. Market analysts now forecast further positive momentum in the coming days.
On September 12, 2024, UNI was valued at $6.77, up 8.03% in the past week. Experts say UNI will rise to $8.16 this month supported by developments on the network. As UNI thrives, investors are turning to $FXG to boost their earnings and stabilize their portfolios.
FXGuys Has Potential to Rival Uniswap
The DeFi sector including PropFi is experiencing massive growth, with projects like FXGuys ($FXG) emerging as serious challengers to giants like Uniswap (UNI). FXGuys’ groundbreaking features, analytics tools, prop trading funded accounts and unique Trade2Earn model make it highly appealing to investors and traders. $FXG’s early adopters will enjoy 900% profits once its presale is complete. As Uniswap remains innovative, FXGuys is quickly becoming an exciting alternative for investors who want to diversify their DeFi portfolios.