Smart Token Fund (STF), in simple terms, is a way of connecting Investors to skilled Traders. Essentially helping the two grow their portfolios in a very simple, secure and transparent manner.
STF Investor - Is someone who doesn't have the time or trading skills to manage their crypto portfolio, so they buy a Smart Token i.e pass on their portfolio to an STF Trader & let them manage it.
STF Trader - Is a skilled trader who gets to create their own Smart Token & let the investors buy it i.e. collect an STF Investor's portfolio. The STF Trader will then strategically manage their investors' portfolio & when their trades make a profit, the price of the Smart Token increases. The investors can sell a Smart Token to book profits.
How to choose the right STF?
To simplify your decision on choosing the right STF for you, you can use the Dashboard to refer to a list of available STFs on WazirX. The dashboard provides information about an STF Trader's Smart Token, their trading strategies, portfolio allocation & its performance.
Is it safe to invest in an STF?
Yes! We have a stringent review process to ensure only the right person becomes an STF Trader on WazirX. This process includes full-KYC verification, a thorough review of their previous trades, portfolio sizes & much more. Moreover, an STF Trader is only allowed to trade with your portfolio, they cannot withdraw it - so it's all taken care of!
How much % of the profit does an STF Trader gets to keep?
STF Traders will get 25% commission on the profits they make for investors.