The difference between MatrixETF and Traditional ETF
According to the World Bank Report, there are still 2 billion people in the world who do not have access to formal financial services, accounting for 38% of the world's adults. Another 73% of the poor could not have bank deposits because of the cost of opening an account, geographical restrictions, personal beliefs, and other difficulties. So, a third of the population in the world is still excluded from the formal financial system. The unbalanced development of finance can lead to the the polarization of wealth, and even social unrest.
The introduction of crypto network and decentralized finance provides possibilities for improving the operation mode of the financial system, which can eliminate the geographical limitations of the traditional financial system to the greatest extent and seek permission. However, we must admit that the whole cryptocurrency market is still in a relatively primary stage, and the DeFi finance is not suitable for everyone.
What is An ETF?
An ETF allows people to invest in something without having to actually purchase it, much like buying shares in a company.
It is a type of security that tracks an index, sector, commodity, or other asset, but which can be purchased or sold on a stock exchange the same way a regular stock can.
An ETF can be structured to track anything from the price of an individual commodity to a large and diverse collection of securities.
They allow people to purchase a slice of a diversified portfolio, rather than a single asset.
Traditional ETF and it's meaning
Traditional ETF is an asset which allows users to track stocks, sectors, commodities and indexes etc. Users can purchase shares in trade on stock exchanges. The prices will change like stocks regularly through the course of a trading day. What we mentioned above, the feature of an ETF allows users to gain income from a basket of concept stocks rather than trading for individual stock.
DeFi ETF and it’s meaning
DeFi consists of applications and peer-to-peer protocols developed on decentralized blockchain networks that require no access rights for easy lending, borrowing, or trading of financial tools. Most DeFi applications today are built using the Ethereum network, but many alternative public networks are emerging that deliver superior speed, scalability, security, and lower costs.
MatrixETF is a DeFi ETF platform, DeFi regards the alternative category of digital currency assets which enable trading, loans, interest accounts and so on. The underlying technology is the smart contract instead of legacy institute on blockchain, meanwhile the growth and activity of DeFi in the market is incredible. DeFi ETF is not only a concept ETF product of decentralized finance, but also with smart contracts on blockchain by automated market maker system, in addition users can mint/redeem it for gaining more incomes as well as potential faster operation.
About MatrixETF
In future MatrixETF will open MatrixETF Components which allows users to freely create customized ETF. Users can use Set to form a custom ETF fund and then use the tools provided by the platform (including DEX trading, lending, farming, governance, insurance, strategies, etc.) to add value to the fund, attracting platform users to buy/cast, and getting commissions, premiums and other income.
MatrixETF is the next generation of decentralized ETF platform to run the cross chain，which goal is to establish a decentralized, automated, personalized and diversified portfolio for users, as well as help users easily enjoy long-term, stable and efficient financial services.
Stay in touch with matrixetf news and updates through the following channels;
♦️ website: https://www.matrixetf.finance/
♦️Twitter: https://twitter.com/MatrixETF
♦️Medium: https://matrixetf.medium.com/
♦️ Telegram group: https://t.me/MatrixETF
♦️ Telegram channel: https://t.me/MatrixETFOfficial
