create fxTokens using ETH and more..
participants can mint a range of fxTokens by depositing collateral to an fxToken vault. initially accepted collateral will be ETH however over time additional collateral will be added; including a range of ERC20 tokens and later, the platform's own $FOREX token.
initial proposed fxTokens that can be minted are:
- fxAUD - Australian Dollar.
- fxCNY - Remnimbi.
- fxEUR - Eurodollar.
- FxJPY - Japanese Yen.
- fxKRW - Korean Won.
- fxSGD - Singapore Dollar.
a protocol fee of 0.0% is charged to mint fxTokens. rewards will accrue to fxToken minters, but only for users that maintain a c-Ratio greater than their vault's required minimum c-Ratio.