The Phuture protocol introduces a permissionless index creation process that is capable of delivering powerful index products with dynamic weights, sector tracking and asset yield optimisation. Phuture’s aggregated design achieves scalability by allowing a single swap to rebalance multiple indices simultaneously. The protocol’s smart rebalancing engine calculates the optimal assets to rebalance and dynamically defines acceptable weight ranges to rebalance in. The cumulative result of this architecture is a platform that can support 100s of indices, whilst minimising the value leaked through rebalancing swaps. In this article, we'll discuss What is Phuture (PHTR) | What is Phuture Finance token | What is PHTR token?
In this article, we'll discuss information about the Phuture Finance project and PHTR token
Phuture is a decentralised protocol built for the creation and investment of token based passive investment strategies in a Web3 environment.
Phuture introduces an open design philosophy for creating passive investment strategies, providing the tools for users to create new indices or invest into existing ones created by the community.
The platform has been designed with the user in mind. It conflates an intuitive UI with a set of tools that bring power and depth to the experience. Phuture makes it easy to create indices through the Index Creator Tool. The Index Creator can support an array of index options including automated sector tracking and dynamic weighting methodologies.
How Phuture supports the growth of index products.
Index investing is a cornerstone of traditional asset management and the top index providers have accumulated trillion-dollar AUMs. It is estimated that nearly 50% of the value in the U.S. stock market is held by index funds.
With crypto markets developing it is highly probable that asset and strategy allocation will begin to converge with traditional finance. Phuture’s index platform stands to benefit from this influx of capital and its user friendly design will appease both crypto natives as well as users completely new to decentralised finance.
As the token economy expands and becomes more diverse, participants will want products that can provide them with diversified exposure to these different sectors. Sector specific indices will become the schelling point for benchmarking performance. Phuture's index creation tools allows its portfolio of indices to grow with the market, easily supporting new sectors as they are defined.
However, token economies are unlike their traditional counterparts in the sense that token holders take a more active role in the decision making process. In line with this ideology, Phuture will support active participation in the governance of the tokens it custodies. Additionally, Phuture will minimise opportunity cost by leveraging off-platform yield optimisers.
Information on Phuture's tokenomics
Phuture token is the medium through which the protocol can enforce governance, reward users, incentivise activity and provide a medium to raise capital.
PHTR is emitted to active users of the platform ensuring that they accrue more influence in the protocol, whilst non active users get diluted over time.
PHTR can be obtained by either staking your PHTR tokens or staking whitelisted index tokens.
Redeeming an index requires 1% of the index's value be burnt in PHTR tokens.
Since most redemption transactions will occur due to arbitrage opportunities, this mechanism redistributes part of the arbitrage value back to PHTR holders.
Keepers must provide proof of a PHTR bond before they can register to execute functions on the Phuture protocol.
The PHTR token has an initial max supply of 100mm.
The token contract has the ability to turn on perpetual inflation up to a maximum rate of 3% per annum. Perpetual inflation will be turned off by default at launch.
Smart, Scalable Index Architecture
Index investors can tap into the deepest sources of liquidity on the Ethereum ecosystem providing best execution and the broadest selection of assets. Phuture effectively separates trade execution during the minting process from the amount of liquidity held in an index fund. This ensures the same user experience regardless of index size and removes the cumbersome liquidity onboarding phase for new indices.
Permissionless Index Creation
Phuture introduces an open design philosophy for creating passive investment strategies, providing the tools for users to create new indices, or invest into existing ones created by the community. The Phuture Index Creator can support an array of index options including automated sector tracking and dynamic weighting methodologies.
We are pleased to announce that the Phuture IDO (Initial Decentralised Offering) whitelisting is now OPEN!
The much anticipated $PHTR IDO will be available to successfully whitelisted candidates. Please make sure to answer all questions for a chance to participate and be a part of the Phuture.
The Phuture public sale will take place on Thursday 3rd of June 2021. Please read the below carefully to learn how you can participate in the Phuture IDO and ecosystem!
Phuture — Polkastarter IDO Details
How To Participate In The Phuture IDO!
Apply below to enter the lottery and make sure to fill out each question. You can contact us in our official channels (listed below) if you have any questions.
How To Get Whitelisted?
Before you start, make sure you do the following:
Points To Note
Whitelist entries will be screened and the following will be disqualified:
The places available are limited, make sure you provide all the information needed.
Please note only successfully whitelisted addresses are allowed to participate in the IDO.
If successful, you will receive an email from Phuture with confirmation of your whitelist and next steps relating to KYC. If you have any questions on this, please contact us in our official channels.
Please Be Aware That
Citizens from the following countries have been excluded from the IDO due to legal reasons: Belarus, Burma, Cote D’Ivoire (Ivory Coast), Cuba, Democratic Republic of Congo, Iran, Iraq, Liberia, North Korea, Sudan, Syria, USA, Venezuela, Yemen and Zimbabwe.
We remain at your disposal in case of any questions and queries.
Reach us at [email protected]
PHTR has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT, BNB from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy PHTR
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)...
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)...
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
Next step - Transfer your cryptos to an Altcoin Exchange
Since PHTR is an altcoin we need to transfer our coins to an exchange that PHTR can be traded. Below is a list of exchanges that offers to trade PHTR in various market pairs, head to their websites and register for an account.
Once finished you will then need to make a BTC/ETH/USDT/BNB deposit to the exchange from Binance depending on the available market pairs. After the deposit is confirmed you may then purchase PHTR from the exchange: Polkastarter
The top exchange for trading in PHTR token is currently ..........
Find more information PHTR
🔺DISCLAIMER: The Information in the post isn't financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.
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