Hello everyone, we posted a new video about what 4RX is all about. Please watch this video to learn more about the 4RX ecosystem. https://t.co/Uzr40vq9En
There are over 8000 altcoins tracked by coingecko. It is almost impossible for an individual to research even 10% of them! That’s why we built 4RX after researching over 500 altcoins. Initially, 4RX is set to track about 80 crypto assets.
4RX has an entry fee. When you stake 4RX tokens in the dashboard, 5% of it will be charged as a fee. The fee doesn’t go to the team, it goes to the liquidity pool and other incentives for stakers. It prevents the gaming of the staking contract.
A secure smart contract needs to be open source and immutable. Or else, the project developers could add a rug pull exploit as a backdoor that allows them to have full control over it. That’s why we have made 4RX both open source and immutable.
The 4RX token contract is live only on Binance Smart Chain Mainnet (as of 22 July, 2021). If you connect MetaMask to the 4RX Dashboard at https://t.co/bOABUtnQGp, you will see a warning message: “Please switch to Binance Smart Chain Mainnet”.
Ethereum gas fees are prohibitively costly at the moment as many DApps have fees of about $40. BSC may not be as established as ETH but one thing it does best and that is, LOWER FEES! In order to allow everyone to participate in 4RX staking, we decided to launch on BSC first.
A secure smart contract needs to be open source and immutable. Or else, the project developers could add a rug pull exploit as a backdoor that allows them to have full control over it. That’s why we have made 4RX both open source and immutable.
Learn more: https://t.co/EAwdJ7W4gT
Do you want to stake 4RX but don’t know what returns you will receive after the stake matures? You can do just that by visiting our landing page at https://t.co/G0W2if1y9D
4RX has 80 crypto assets in its index portfolio. Even if a token crashes 80% overnight, 4RX price is unlikely to crash as the rest of the assets will support and stabilize the token price, preventing a flash crash.
Learn more at https://t.co/G0W2if1y9D
4RX vs Altcoins:
Today, 4RX lost around 6-7% of its value while many altcoins lost about 10-15%. 4RX is able to retain more of its value during bear trends since it weights in stablecoins in its index portfolio.
▶️Learn more about 4RX at: https://t.co/G0W2ieJXi5
In South America, over 50% of people are unbanked. Fortunately, Bitcoin, DeFi and 4RX don't require bank accounts or KYC. You are your own bank.
▶️To learn more about 4RX, please visit our website https://t.co/EAwdJ7Etpl
⛓️🪙 Did you know? 4RX uses @chainlink to fetch the accurate price data for tokens and coins tracked in its Index portfolio. This is done only once when you stake 4RX as it is necessary to prevent price manipulation.
▶️Learn more at: https://t.co/EAwdJ7Etpl
📛Frauds and scams vastly exceed cryptocurrency hacks. Most scams and rug pulls are orchestrated by centralized exchanges and fund managers (e.g. Cajee brothers). Immutable contracts don’t have such vulnerabilities. For this reason, our 4RX smart contract is strictly immutable!😎
For example, if the total staking deposits in a day equals 1000 4RX, and you are the biggest staker of that day, your bonus will be: 30% * (0.5% * 1000) = 1.5 4RX. The pool balance for that day would be = (0.5% * 1000) = 5 4RX.
▶️Learn more at: https://t.co/EAwdJ7Etpl
🏅4RX 101: Affiliate Reward Pool
It is a pool of funds that rewards top stakers with additional bonuses. Everyday, 0.5% of each staking deposit goes into the Sponsors Reward Pool. The top 10 largest investors of the day get bonuses from this pool.
🌐4RX has an affiliate program that lets you earn extra rewards by referring friends or other investors.
▶️Learn how it works at: https://t.co/732dDfiL0f
🎁 4RX 101: Contract Bonus:
It's a bonus that is given out for every 300 4RX locked in the staking pool. It’s dynamically allocated based on the pool’s balance. The total daily bonus reduces when staking pool balance falls. The bonus starts at +0.01% and the maximum bonus is 3%.
♻️4RX Staking Program
The 4RX staking program is a smart way to earn a lot of 4RX tokens in the longer term with low risks. Holders of 4RX have the freedom to stake for as little as 24 hours to as much as 365 days with varying degrees of return.
▶️Visit: https://t.co/EAwdJ7Etpl
🎁 4RX 101: Personal Hold Bonus
There is a +0.02% personal hold bonus for each 12 hours staked without withdrawal once you reach the 3% minimum withdrawal condition. The bonus is in addition to the daily staking reward. The maximum personal hold bonus is 1%.
Bitcoin evangelist Michael Saylor says the volatility of Bitcoin will hurt some investors. That’s why we made 4RX less volatile by adding stablecoins such as USDC.
▶️To learn more about 4RX, please visit our website https://t.co/EAwdJ7Etpl