Whitepaper
✔ More information about the mission, vision and technical aspects of the platform. The detailed document will provide a full understanding of Finandy's architecture and capabilities.
Contents
This document discusses the difficulties that traders have encountered in real markets and proposes solutions to the concerns that Finandy can address. It shows how the platform can help operators improve their performance. Current services and development plans for RoadMap 2.0 are also shown, and the structure of Finandy Broker and Exchange are examined.
1. Cryptocurrency exchanges
1.1. Interface and functions
1.2. Major cryptocurrency exchanges play an important role and provide the main liquidity in the market, as well as relatively secure custody solutions.
1.3. Furthermore, the essential functions offered by exchanges are limited to basic trading capabilities, which only sometimes meet the needs of active traders and investors.
1.4. This creates severe obstacles to implementing trading ideas or strategies, forcing traders to engage in routine tasks rather than focusing on market analysis and informed decision-making.
1.5. Traders must rely on third-party platforms to get better results, such as analyzing charts in TradingView or performing position and portfolio calculations in third-party software.
1.6. As a result, the inadequate trading functionality of large exchanges forces traders to increase their decision-making time and reduces trading efficiency.
1.7. Risk management
1.8. Exchanges must provide users with sufficient tools for risk management, monitoring, and deposit allocation systems. This is especially true for digital asset markets, characterized by high volatility and high risk for users.
1.9. Many newcomers to the cryptocurrency market need more experience in market analysis and risk management, which can lead to significant losses and even loss of interest in trading in general.
1.10. Futures markets are attractive instruments among inexperienced traders or traders with small deposits but are also very risky. High-level volatility is one of the leading causes of risk in futures markets, which can lead to significant losses for the trader. In addition, leveraged trading is used in futures markets, increasing both potential gains and losses.
1.11. Traders wishing to operate futures markets often underestimate the risks and lack the strategy necessary to succeed. They may encounter situations where the price of an asset plummets, which can lead to substantial losses. To avoid such issues, traders should have a well-developed risk plan and capital management strategy to reduce potential losses and preserve their deposits.
2. Finandy
2.1. Finandy - is a new-generation cryptocurrency exchange designed to meet the modern needs of professional and novice traders. Our mission is to create an intuitive, reliable, and innovative cryptocurrency trading platform where all traders can succeed in their investment strategies. We provide various technical solutions specifically adapted to different trading styles to ensure our clients' most efficient and secure trading experience.
2.2. Finandy has a committed approach in which the main priority is to preserve the user's capital. To this end, we plan to develop various systems and tools to help traders manage risk effectively.
2.3. We propose using advanced and conservative strategies based on an automatic technical analysis system for effective risk management. These tools will allow traders to understand potential market movements, Profit loss ratio (PLR) and make informed decisions in real-time.
2.4. Risk analysis will be available to users in various formats: visually on charts for manual trading and as bots for automated trading. This will allow traders to choose the most convenient way to use our analytics, depending on their preferences and experience level.
2.5. Current Finandy exchange technologies
2.6. The trading terminal is a cutting-edge product that helps traders to efficiently manage their positions, receive automatic calculations within the position, display orders and data on the chart, and automate routine operations. The terminal has powerful market analysis and decision-making tools, enabling traders to react quickly to price changes and make the right decisions.
2.7. Signal-based trading. Finandy is an algorithmic trading service that allows traders to create orders and positions based on ready-made TradingView indicators and strategies. A signal received from TradingView is automatically converted into an order with precise calculations to be displayed on the Finandy interface. The signal interface in Finandy offers a wide range of possibilities to set different trading ideas and strategies. For example, set opening and closing conditions for positions, set profit and loss targets, set stop losses, take profits, and much more.
2.8. Finandy Copy-trading is a comprehensive marketplace that allows investors to find and subscribe to successful trading strategies from experienced traders. By selecting a trader, you can view their trading history, profit percentages, risks, and other statistics. If you copy a trader's trading history, all their actions will be automatically copied to your trading account in real-time. You can also manage the copying by setting risk level and trading volume parameters. CopyTrading allows investors to make profits, even if they are not experienced traders, and will enable traders to earn extra income by sharing their experience and strategies.
3. Roadmap 2.0. Technology
3.1. Risk management system development
3.2. Risk management system in manual trading implementation
3.3. System bots development
3.4. System bots marketplace
3.5. Risk management system in bots implementation
3.6. Pine Builder
3.7. Pine bot marketplace
3.8. Risk management system in Pine bots implementation
3.9. Scalper version
3.10. Proprietary trading service
3.11 FINUSDT trading starts on our exchange platform.
Roadmap 1.04. Roadmap improvements
4.1. Commissions payment by token
4.2. Creation of new widgets: positions, order book, cluster volumes, trade statistics, charts
4.3. Modular system workspace that allows customization of multiple monitors
4.4. Mobile version
4.5. Cross-price alert
4.6. Multi-position
5. FIN Token
5.1. FIN token is a service token issued by Finandy to reduce trading fees.
5.2. Maximum possible number of FIN tokens: 200 000 000
5.3. Dev Fund - 10 000 000
5.4. Founders team - 10 000 000
5.5. FIN Ethereum ERC-20 contract: https://etherscan.io/token/0x56d649FF34e83b61c94Da1E6f92617b7C5210beB
5.6. Tokens were presold on September 28, 2020, followed by a main sale in 2023.
5.7. Raised capital was used for the necessary improvements to the Finandy platform.
5.8. FIN tokens not sold during the token sale will be incinerated.
5.9. Disclaimer
Disclaimer (FIN token)5.10. FIN token burning
5.11. Finandy will use a deflationary model to reduce the total supply of tokens by burning them permanently.
5.12. According to the calculation table, the mechanism of burning tokens from Finandy's coffers will occur each month.
Level | Quarterly Trade Volume USDT | Quarterly Finandy fees profit (USDT) example ~0,01225% rate | Redeem tokens % from profit (USDT) |
Generation 1 | < 30 000 000 000 | < 3 675 000 | 50% |
Generation 2 | ≥ 30 000 000 000 | ≥ 3 675 000 | 40% |
Generation 3 | ≥ 70 000 000 000 | ≥ 8 575 000 | 30% |
Generation 4 | ≥ 150 000 000 000 | ≥ 18 375 000 | 20% |
Generation 5 | ≥ 250 000 000 000 | ≥ 30 625 000 | 15% |
5.13. Burning dates: will be set after the token is launched on the exchange, tentative date 01.09.2024
5.14. FIN token SPOT commissions discount table:
Level | 30d Volume (USDT) | FIN Balance | Personal Rebate USDT | Personal Rebate FIN |
Rebate finder 1 | < 25 000 000 | < 10 000 FIN | 5% | 5% |
Rebate finder 2 | ≥ 25 000 000 | ≥ 10 000 FIN | 10% | 10% |
Rebate finder 3 | ≥ 50 000 000 | ≥ 25 000 FIN | 15% | 15% |
5.15. FIN token FUTURES commissions discount table:
Level | 30d Volume (USDT) | FIN Balance | Personal Rebate USDT | Personal Rebate FIN |
Rebate finder 1 | < 25 000 000 | < 10 000 FIN | 5% | 5% |
Rebate finder 2 | ≥ 25 000 000 | ≥ 10 000 FIN | 10% | 10% |
Rebate finder 3 | ≥ 50 000 000 | ≥ 25 000 FIN | 15% | 15% |
6. Broker structure and exchange
6.1. Finandy Exchange Broker
6.2. Finandy is a cryptocurrency exchange built on Binance's infrastructure, providing the highest liquidity, security, custodial services, API interaction, KYC, and transparency control. This allows Finandy to focus on developing professional trading services and shaping the next generation of exchanges by leveraging the world's best practices in the underlying solutions.
6.3. Finandy also supports the blockchain development industry by listing new digital assets with great communities and promising ideas on its exchange platform, building its own liquidity. This facilitates the expansion of trading tools and offers users more opportunities. Our goal is to create a robust ecosystem that attracts new users.
6.4. Those who want to keep their capital on Binance but trade on Finandy can do so via an API key. With the API key, users can get full access to the Finandy terminal and use the best trading tools free of charge.
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