π₯Manifesto
For several years now, the funded trading business has been flourishing, where traders, after passing a skills test, the so-called challenge, receive up to hundreds of thousands of dollars to trade. Year after year, we can see the growing popularity of this form of earning on the stock market, and more and more traders are deciding to take on the challenge. Unfortunately, the pass rate statistics are brutal, and almost all the benefits of this great idea of funding talented traders are reaped by the large companies organizing this business model. Sadly, it is not in their interest for traders to succeed but for them to fail. To this end, they cover the inflated challenge conditions with a veneer of beautiful marketing and unclear terms in the regulations. As one such company boasts on its media, laughing straight in the faces of its clients: Only 1% of people become funded traders. They inform that in just one year, they had 1 million new users and paid out only $29 million in profits to traders. This is nothing compared to the company's revenues, where with 1 million users who each paid an average of $1,000 for the challenge, the revenue comes to $1 billion... It should also be noted that these are not all the users and they are not the only company of this type on the market. So the problem is much much bigger.
At Dayhub, we decided to balance the profits between the organizers and the traders and put an end to the bloodsucking policies of centralized funded trading companies. Thanks to blockchain technology and the development of perpetual DEXs, this has now become possible. By creating a decentralized ecosystem for funded trading, we put profit sharing in the hands of the community. No more corporate exploitation and deception. Letβs share the kingdom!
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