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?
We haven't enabled the payouts yet in order to attract more investors. But don’t worry, we have good things in store for STF Traders to compensate them for their expertise.