What is the Asset-backed Fund (ABF)?
Asset-backed Fund Description.
The Asset-backed Fund plays a very important role in the FUDx Coin Auto-Staking Protocol. It provides three extremely critical functions for the growth and sustainability of $FXC.
The Asset-backed functions as additional financial support for the TF. This additional support can become important in the event of an extreme price drop of the $FXC token or an unforeseen black-swan event. It helps to establish a floor value for the $FXC token.
The Asset-backed Fund may also be used to fund new Uranium Finance products, services, and projects that will expand and provide more value to the URF community as well as to provide funding for the marketing campaigns.