Fidenaro is a decentralized social trading platform developed on the Radix network that allows users to follow and copy the positions of experienced cryptocurrency traders.
Etymology
‘Fidenaro’ is a neologism but could be roughly translated as ‘A place of trust’ in Latin.
History
Fidenaro was founded in late 2022. The full launch of the platform is planned for the first quarter of 2024, at which point traders and investors will be able to use the platform to its full extent and with real money.
Features
- Profit from Expertise: Users can harness the knowledge and time of expert traders.
- Mutual Benefits: Fidenaro’s design ensures that both traders and investors derive benefits. While traders share their expertise to potentially boost investor profits, they, in turn, receive a portion of the gains.
- Smart Leveraging: The platform offers tools that may help enhance user profits through informed leveraging decisions.
- Security: The platform provides a transparent, controlled environment bolstered with the latest technological advancements for utmost security.
- Scalability: Fidenaro's underlying foundation, the Radix network, ensures that even during peak usage, transaction fees remain affordable.
- Transparency: The platform bolsters trust by making traders' trading histories and performances public. This aids investors in making informed decisions.
For Traders:
Proficient traders have the facility to augment their profits using margin. By sharing their trading strategies and outcomes, they can attract other Fidenaro users. If their strategies are convincing and their performance commendable, they might attract capital from other users to trade with. In this partnership, traders earn a fraction of the returns made on these investments.
For Investors:
Investors can navigate market volatility by banking on the expertise of Fidenaro's traders. The platform assists in monitoring each trader's strategy and success, creating the necessary transparency for investment decisions. Barring the trader's fee, profits are directly transferred to the investor's wallet upon selling.
$FDN Token
In 2024, Fidenaro plans to launch the $FDN Token. This will give users the opportunity to invest in Fidenaro and benefit from the platform's development. Users will also be able to earn $FDN Tokens through various actions in which they support Fidenaro.
Roadmap
- Q4, 2023 | Beta Launch - SAPPHIRE: The open beta launch will enable users to acquaint themselves with Fidenaro's features, all while using virtual money to ensure risk-free testing.
- Q2, 2024 | Fidenaro Launch - EMERALD: With the platform's official launch, both traders and investors can fully utilize Fidenaro with actual money.
- 2024 | FDN Token Launch - DIAMOND: The introduction of the FDN token will present users with investment opportunities in Fidenaro. Additionally, users will have the chance to earn FDN tokens through various supportive actions towards Fidenaro.