The world's leading decentralized digital asset trading platform

Data transparency 丨 Safe and truthworthy 丨 Cross-chain transaction

White Papers V2.0

2020.4

Background 4

Ⅰ FDEX Introduction 5

Ⅱ FDEX Features 5

Ⅲ Technology principle 6

How FDEX works 6

How FShares Chain works 6

Ⅳ FShares Chain 6

FShares intelligent contract implementation 6

FShares VEP 7

ⅤFShares Coin (FSC) 8

FDEX Initial distribution plan 9

Producer 10

Voter 11

RAM Transaction 11

Ⅵ FShares Coin (FSC) Value and Usage 12

CONTENTS

Ⅶ FDEX key mechanism of platform operation 17

Community self-listing 17

Project Activity 17

Stable Coin trading 17

Ⅷ FDEX Incubator GEM 18

Ⅸ FSC mining pool 18

Ⅹ FShares Cloud 19

Ⅺ Roadmap 23

Background As the underlying technology of cryptocurrency system such as Bitcoin, block-

chain has attracted a lot attention in recent years. Blockchain is a huge decentralized

distributed ledger database. And cryptocurrency is playing an increasingly important

role in financial industry due to its features of decentralization, non-tampering, open-

ness and transparency. One characteristics of the digital currency is that trading is

not subject to regional restriction, which makes transaction can be completed fast

and efficiently, but it also makes cryptocurrency, the result of the decentralized tech-

nology, gradually controlled by centralized trading platform. Therefore, its disa-

dantage is also obvious: Unsafe capital security, controlled data transparency, high

transaction costs,bad trading experience.

If we say mining pools and centralized exchanges are the leading role in the

early stage of blockchain time, then it is likely to say that DEX(Decentralized Ex-

changes) will really bring internet value to various fields. With great transparency and

risk prevention ability, decentralized exchanges will become the real leading role in

the blockchain time. FShares DEX came into being under this demand, and FShares

DEX is committed to building a transparent, secure, cross-chain, decentralized

trusted digital asset trading platform.The assets and transactions of all users on the

chain are completely transparent. The platform technology public chain FShares also

breaks the limitations of the traditional exchanges perpendicular to the mainstream

public chain tokens, and supports the major backbone cryptocurrencies and their de-

rived tokens. All currencies are easy to achieve cross-chain transactions.

I. FDEX Introduction FDEX (FShares DEX) is the world's leading blockchain decentralized financial

service platform owned by FShares Group. Based on the construction of DPOS +

PBFT consensus mechanism FShares Chain, FDEX is committed to building a de-

centralized digital asset trading platform with data transparency, security and credibil-

ity and cross-chain trading.

FDEX exchange allows transactions in a full cryptocurrency to be tracked per-

manently, the data do not tamper with the exchange, Completely solve the three-

party trust relationship between transaction platform, block chain project party and

cryptocurrency investors. Every transaction of cryptocurrency investors can be found,

and a truly decentralized community model will help high-quality blockchain projects

achieve efficient and sound development.

II. FDEX Features Safe and Trustworthy - Peer-to-peer transaction of digital wallets, The platform does not host users’funds, Users personally control the permissions of assets.

Translucent transaction - Every transaction is recorded on the blockchain, data can be checked transparently, without any malpractice and tampering. Innovative trading - Users can obtain the trading quota and mining quota by pledging FSC, which is convenient and quick.

Trading is mining - The transaction generates mining rewards, which are ex-pected to be up to 110% annualized. Support full cryptocurrency cross chain transactions - Supports a wide variety of cryptocurrency cross chain trading, to meet a variety of trading needs. Fast and efficient - Based on DPOS+PBFT high-performance consensus, support side chain capacity expansion to break the TPS performance bottleneck.

Convenient experience - 12 bit readable custom account system, through smart contract to achieve fixed line secret free transactions.

III. Technology principle 1.How FDEX works

FDEX realizes the value flow between tokens based on FShares VEP(Value Ex-

change Protocol) and the matchmaking engine. After the transaction matching is suc-

cessful, the transaction will get recorded on the chain, and the transactions between

the buyer and the seller are all P2P wallet transfer on the chain according the smart

contract.

2.How FShares Chain works

FShares Chain is a commercial public blockchain platform based on EOS. De-

velopers can use FShares to issue Token, smart contract in a simple, fast and safe

way. FShares is committed to building a commercial blockchain system of global in-

formation exchange, value interconnection and trust exchange. The technical mission

of FShares is to build a commercial blockchain system that requires no trust.

IV. FShares Chain When interaction is needed between chains, the connection is established by

means of registration information, and information interaction and value exchange

are realized under the VEP framework. VEP is similar to the DNS service of the Inter-

net, which is responsible for registering information, updating information and provid-

ing access services.

1.FShares intelligent contract implementation

Traditional intelligent contracts are limited to the input and output of data on the

chain, which can only support some simple application scenarios. For this reason, in

addition to the data on the chain, FShares allows data on or off the chain to interact

with each other and supports event responses to changes in the state of the data on

or off the chain. Most business applications are very complex, and this complexity is

reflected in data structures and logical rules. Therefore, a complete programming lan-

guage and virtual machine are required to express and execute smart contracts.

WASM (WebAssembly) is a portable underlying bytecode technology, and its stack-

like virtual machine has been customized and optimized for the blockchain environ-

ment to run smart contracts at a speed close to the local machine code. The benefits

of WASM also lie in standardization and widespread industry support, enabling pro-

grammers to develop smart contracts in familiar languages such as C, C++, Golang,

Rust, significantly reducing learning costs and improving development efficiency.

Therefore, FShares chooses WASM as the execution code for the smart con-

tract. The life cycle of a contract in a blockchain network can be divided into five

stages：

Token consumption is required for contract registration, invocation and upgrade

in the life cycle above. On the one hand, the implementation of the contract must

consume CPU, memory, hard disk and network bandwidth, and resource providers

need to be rewarded. On the other hand, it also uses economic means to raise the

threshold of cyber attack so as to reduce the risk. The open source API for the smart

contract is exposed to users with RESTful API, and the content of HTTP requests is

encoded in JSON format. Users can generate and send requests through a browser

or mobile APP. The FShares RESTful API plug-in receives and determines if the re-

quest is an API from the smart contract, and upon confirmation passes the request to

the WASM virtual machine's intermediary. The media transcodes the request content

into the bytecode of WASM, then calls the corresponding API for the corresponding

contract, and finally returns the API execution results to the user.

2.FShares VEP

Select the pro-gramming lan-guage and cre-ate the source

code

The compiler compiles the source code into WASM bytecode

Register the smart contract with FShares

Call open-sourced API for

contract

Upgrade or destroy the

contract

0 1 02 03 04 05

VEP is the standard protocol for connecting different blockchain networks. There

are only so many applications that a network can support, but the networks that are

connected to each other can form a larger network, and the value they can add up to

is greater. Let's start by looking at how individual network nodes trust each other.

The greatest advantage of blockchain network is that it can provide reliable infor-

mation query, which is reflected in distributed ledger and distributed consensus.

Blockchain network is a community formed by many participants according to some

consensus, and the nodes form mutual trust relationship under the action of consen-

sus and incentive. By extension, such a consensus mechanism is also needed to

treat a blockchain network as a node and form connections between multiple block-

chain networks. Because of the equality, credibility and interest demands of different

networks, it is difficult to cooperate on the network, and there are always bad nodes

in the network. Therefore, pre-set rules for collaboration are particularly important.

Just as cross-organizational collaboration in human society requires legal, contrac-

tual, and moral constraints. VEP sets guidelines for how to collaborate. It records the

registration information of each chain and provides services to the chains in the

trusted list for query and connection requests. VEP supports two application scenar-

ios: cross-chain node interaction and cross-chain contract invocation. The former

makes use of the state change of the data stored on the node and the data not on

the node, indirectly causing the interaction between the contracts and generating

new information.

For example, an outstanding loan due under a contract will affect an individu-

al's credit. Loan records can be stored in blockchain A, while credit data can be

stored in blockchain B, and personally identifiable information may come from an ex-

ternal public database. The latter is a mutual invocation of contracts, the simplest ex-

ample being the exchange of tokens between two chains, leaving the total value un-

changed.

V. FShares Coin (FSC) FSC is an ecological token based on FShares, with an initial issue of 150 million,

of which 100 million are operated by the Futuredex trading platform and 50 million

by the FShares chain. From the second year, 5% of the total amount of the previous

year will be added annually to stimulate the 15 super nodes and to promote the

healthy development of the community.

1.FDEX Initial distribution plan

Trade mining (30% ) platform users receive FSC rewards according to the

volume of transactions;

Private equity investment (30%)

Angel investment (20%) it will be calculated one year after the platform

goes online , the highest lock time is 3 years, the first year unlocks percentage will be

40%, the second year unlocks 30%, and the third year unlocks 30%;

Founding team (10%) it will be calculated one year after the platform goes

online , the highest lock time is 3 years, the first year unlocks percentage will be

40%, the second year unlocks 30%, and the third year unlocks 30%;

Strategic cooperation (10%) introduce new forces for ecological con-

struction, etc.

Trade mining Private investment Angel investment

Founding team Strategic cooperation

30%

30%

20%

10%10%

2.Producer

（1）There are 15 producer nodes.

（2）Each registered node can accept the vote of registered voters of the whole net-

work.

（3）The registered node must declare its voting reward distribution ratio at the time

of registration. The distribution ratio is based on all the rewards obtained, including

block reward and voted reward.

（4）The distribution ratio node can be modified, but there are modification re-

strictions. The distribution ratio is limited to a floating ratio. For example, the increase

of distribution ratio is unlimited, and the decrease of distribution ratio cannot be

greater than a certain percentage to adjust the distribution ratio cycle limit. For exam-

ple, when the distribution ratio is adjusted once every seven days, voting rewards are

forced to be distributed.

（5）Nodes registered as miners need to load node information and heartbeat plug-

ins. Hardware and software information of nodes are fed back to the block browser

through the plug-ins. Heartbeat requests the contract regularly in the plug-ins to real-

ize heartbeat counting. The heartbeat content includes CPU occupancy rate, network

Ecological operations on the FShares chain

50 million of them were initially issued

The principle of trade min-ing rewards

In a certain period, the number of reward pools is constant, and the deeper the transaction is, the more difficult it is to mine.

Inflation and the principle of distribution of rewards

5 percent inflation per year on the main network. Inflation distribution: 20% reward block nodes (su-per nodes), 30% reward voting nodes, 50% re-ward community excellent developers and excel-lent projects.

load, etc. Regularly count the health data of all nodes in the community. If it fails to

meet the operation requirements of the main network, remind the nodes to upgrade

the hardware and software. If it fails to comply, it can enter the community govern-

ance to freeze the node (more than 2 / 3 nodes agree).

（6）To improve the participation of the node, the node needs to get its own reward

regularly, otherwise the reward of the node will be returned to the reward pool by the

contract and Shared by other active nodes. In this way, the voting users who have

supported the node will not get the bonus of the node, and the users will switch to

other nodes.

3.Voter

（1）The voter obtains the number of votes by mortgaging the main chain tokens;

（2）Voters can increase or decrease their votes within 7 days;

（3）Each vote can only be cast on one node;

（4）There is no voting agent, and voters vote by themselves, and distribute rewards

according to the age of votes (voting time ~ reward allocation time) and the number

of votes, so that voters can vote more, vote less, and increase the robustness of the

main network.

4.RAM Transaction

（1）Account category identification, user can buy memory whether there is a limit.

Regular users are limited by the window period in buying and selling memory, and

the purchase amount is increased by 1K every 10 minutes. The maximum purchase

amount within 7 days is 1M, and the total purchase amount of the account is 10M.

The closing fee is five thousandths.

（2）Advanced users buy and sell memory is limited by the window period, the win-

dow period is 1M times /10 minutes, the buying and selling fees follow the exponen-

tial function, the benchmark is 5%, the highest is 50%. The total purchase amount of

the account is 1G.

（3）Ordinary users upgrade to advanced users need to obtain the approval of 2/3

of the super node, and the super node can get the bonus of sharing fee.

（4）Advanced user malicious hype memory, super administrator has the right to

freeze the account.

（5）Power user malicious hype memory, more than 2/3 of the super node BP vote

after the account can be frozen.

（6）The user's memory sales are delayed to the account, and the selling unit is 1K.

The window period of 1K memory is 10 minutes, and it is not allowed to sell until the

end of the window period after buying memory.

VI. FShares Coin (FSC) Value and Us-age

1. Functional rights and interests

free of service charge in case of pledge, trading and mining income, super node reve-

nue reward, ecological trading zone of FShares, VIP key customer service, voting

rights and interests of coins online, voting rights and interests of community users.

2. Ecological scene

Contract issuance of token created by FShares chain, super node election, independ-

ent FSC bidding of project side, user upgrading of memory transaction, transaction

deposit of legal tender, pledge deposit of project side.

3. Cooperative payment

FShares Cloud service payment, payment of community cooperation fee, media coop-

eration fee payment, channel cooperation fee payment, payment for head-hunting

companies, payment for technical cooperation.

*Special instructions

1.Innovate transaction mode, pledge explanation

（1）Transactions need to be pledged exchange token FSC to obtain transaction

lines;

（2）Transaction lines of pledge= price of FSC × number of pledged FSC × 2500;

（3）The pledge and mortgage price of FSC/USDT is controlled by the Bancor algo-

rithm and the supply and demand relationship of the transaction amount;

The Bancor algorithm of FDEX trading volume does not convert FSC and trading vol-

ume directly with price curve, but introduces the intermediate token - dexcore, which

corresponds to smart token in Bancor. The exchange formula of FSC and dexcore is:

𝐸 = −𝑅%1 − '1 +𝑇1

𝐶1 + 𝑇1+

𝐹

-

E in the formula is the quantity that can be exchanged from FSC to dexcore, R is the

initial total issue of dexcore, C1 is the current FSC margin, T1 is the transaction lines

used for purchase, and F is a constant parameter. The exchange formula between

dexcore and transaction lines can be obtained by reverse arrangement design of the

above formula:

𝑇2 = 𝐶2 %/1 +𝐸

𝑅 − 𝐸0

1𝐹− 1-

In the formula, T2 is the number of transaction lines to be purchased; C2 is the balance

of transaction lines that can be allocated. The relationship between the number of

FSCs (T1) to be purchased and the number of transactions to be redeemed (T2) can

be obtained by substituting the intermediate variable E. To facilitate intuitive under-

standing, the formula can be simplified to obtain:

𝑇2 =𝐶2𝑇1𝐶1 + 𝑇1

It can be seen that with the decrease of available trading lines (C2) or the increase of

FSC quantity (C1), the price of trading volume will accelerate to increase (that is, under

the FSC paying T1, the number of trading volume T2 that can be exchanged will de-

crease)

（4）FDEX will deduct the FSC users pledged, and the deducted FSC will be used to

exchange the trading lines and the mining lines;

（5）After the transaction lines are exhausted, the FSC needs to be pledged to

exchange the transaction lines;

（6）The mining lines can be reset once every 24 hours according to users’ daily

trading volume. After the mining lines of the day are consumed, users can continue

to pledge the FSC in exchange for the mining lines;

（7）Reset mining lines = {current remaining trading volume/(FSC/USDT) /

2500}*3‰ .

2. Release instructions

（1）Users can unsubscribe the remaining trading line and the unbacked FSC will be

returned to asset 24 hours later;

（2）In order to protect the user's rights and interests, prevent malicious manipulation

of Bancor algorithm to seize FSC, the user needs to temporarily lock up 10% of the

FSC when unlocking the FSC. In the second cycle, the lockup amount of pledge pledge

is 9%; In turn, until the 10th cycle, the pledge lock amount is 0, all returned to the user;

（3）Releasable(FSC)= {current remaining trading lines/(FSC/USDT) / 2500}*

(100%- percentage of pledged lock-up amount).

3. Trade mining. users can also get mining lines by pledging the FSC. The difficulty

of mining is affected by the trading depth of the trading platform. The more transac-

tions, the more difficult mining is, and the less transactions, the less difficult mining is.

The total quota of trading mining is 30% of the quota of trading platform, that is, 30

million. The first year 15 million FSC, the second year 7.5 million FSC, the third year

3.75 million FSC... And so on. The total amount of mining each month is equal to

10% of the total amount of FSC held by the user. If the amount of mining in the cur-

rent month is exhausted, more FSC should be added to expand the amount of mining

or restore the amount in the next month. The mining period of each stored FSC is

one year, and the mining income decreases with time, decreasing by 1‰ per year.

The restriction will be lifted when the income returns to zero. Mining quota = pledge

FSC quantity ×3‰.

For example, according to the rough calculation of mining income formula, under the

currency standard, the annual mining income can reach 109.5%, the second year

73%, the third year 36.5%, the fourth year to lift the restrictions.

➢ day=365 //1 year 365 days;；

➢ FSCy=1500,0000 // total mining amount in the first year；

➢ person=1000 //1000 people;

➢ month=30 //1 month for 30 days;

➢ year=12 //1 year for 12 months;

➢ FSC≈0.3$ // opening price USD 0.3;

➢ incomeRate =10% // income rate

Complete formula :

𝐹𝑆𝐶𝑠𝑢𝑚 =𝑓𝑠𝑐𝑦 ÷ 𝑑𝑎𝑦×𝑚𝑜𝑛𝑡ℎ

𝑝𝑒𝑟𝑠𝑜𝑛×𝑦𝑒𝑎𝑟

Such as：

Amount of total FSC available in 30 days :

𝐹𝑆𝐶 =𝑓𝑠𝑐𝑦𝑑𝑎𝑦

×𝑚𝑜𝑛𝑡ℎ ≈ 1232877𝑓𝑠𝑐

If there are 1000 people trading and mining at the same time, the maxi-

mum return per person for 30 days ( fsc) :

𝐹𝑆𝐶𝑝𝑒𝑟𝑠𝑜𝑛

≈ 1233𝑓𝑠𝑐

If you put in $1,000 a month, the maximum income would be：

Trade mining profit formula Important variables are as follows

𝐹𝑖𝑟𝑠𝑡𝑚𝑜𝑛𝑡ℎ =10000.3

×𝑖𝑛𝑐𝑜𝑚𝑒𝑅𝑎𝑡𝑒 ≈ 333𝑓𝑠𝑐

𝑆𝑒𝑐𝑜𝑛𝑑𝑚𝑜𝑛𝑡ℎ = K10000.3

+ 333𝑓𝑠𝑐L ×𝑖𝑛𝑐𝑜𝑚𝑒𝑅𝑎𝑡𝑒≈ 367𝑓𝑠𝑐

……𝑇𝑤𝑒𝑙𝑓𝑡ℎ𝑚𝑜𝑛𝑡ℎ = (

10000.3 + 333𝑓𝑠𝑐 + ⋯+ 𝑛)×𝑖𝑛𝑐𝑜𝑚𝑒𝑅𝑎𝑡𝑒

≈ 864𝑓𝑠𝑐The annual maximum yield of $1,000 is：

𝑋×12 ≈ 236%

4. Asset hedging and preservation. when the user no longer trades, the trading

lines can be converted to FSC. The two-way exchange mechanism of deposit and

withdrawal can provide better hedging methods, and reduce the loss caused by ad-

verse price changes. The amount of FSC extracted = the trading lines minus the con-

sumption part/(FSC deflated price ×500). Note: all purchases and sales need to con-

sume a certain trading lines. The price of mortgage settlement of FSC/USDT is con-

trolled by the Bancor algorithm and the supply-demand relationship of the transaction

volume.

5.The projects release airdrops. trade rankings and all the activity is initiated by the

project's self-fsc bidding. All platform activities are developed by smart contract, and

the platform cannot violate the interests of the project party and users.

6. Listing vote, the project is publicized in the community. In the first round, 15 pro-

ducers vote, and more than half of the producers vote will enter the second round of

community users vote. The project will be landed on the platform successively in de-

scending order according to the number of community users vote. Every voting is

contract voting, which can be checked on the chain to ensure the whole process of

listing voting is fair and open.

7. FShares producer voting. community users vote through FSC to select 15 qual-

ity producers.

8. Publishing Token and publishing contract.

VII. FDEX key mechanism of platform operation 1.Community self-listing

Global quality projects can be registered online by registering the FDEX platform and

certifying the project side.

➢ After the submission of the information, the platform will conduct a preliminary re-

view of the authenticity of the project information.

➢ The data is perfect and true, and 15 super nodes will be voted by the producers.

The producers will agree to enter the community and vote.

➢ During the user voting period, the project can add the project dynamics in the

background, but not limited to the project weekly report, news report, project co-

operation, etc. to provide the decision basis for the voters. The top ten project

participants will go online according to the voting date on the second working

day after the community vote is over.

2.Project Activity

The projects release airdrops,fortune wheel, trade rankings and all the activity are

developed by smart contract, and the platform cannot participate in any airdrop re-

wards. The event schedule is conducted in terms of contract bidding.

3.Stable Coin trading

Set up stable coin trading pairs, stabilize the exchange rate of digital currency slightly

higher than legal tender currency, profit margin precipitation, and share commission

with the third-party private bank or private fund.

FUSDT: is based on the topup amount of USDT on the Future Dex exchange, and is

anchored to the platform stable coin issued by usdt1:1. The platform will open the

FUSD trading zone.

FCNY: the platform deposits an open and transparent amount of money into the bank

account of a third party private enterprise, and anchors the stable coin issued by the

platform 1:1. The platform will open an FCNY trading zone.

VIII. FDEX Incubator GEM FDEX Incubator GEM is the crowdfunding section of the initial incubation of the

FDEX platform for premium start-up projects where the project can be launched for

the first time. The FDEX platform will conduct a rigorous review and screening of all

GEM projects. A well-performing project will also get an online opportunity for the

FDEX mainboard. The FDEX Incubator section online project must meet the follow-

ing basic conditions：

01 Candidate project tokens are available for the first time worldwide；

02 The project itself has certain innovation and obvious market competitiveness;

03 The project information is completely true, and the team members' resumes are real and no fraud. FDEX Incubator crowdfunding and unlocking are performed by smart contract. This

section is designed to provide a showcase and crowdfunding platform for more qual-

ity start-up projects. It also gives FDEX users the opportunity to early lock in premium

potential projects.

IX. FSC mining pool

In order to enable the vast number of users to participate in mining, rational mining

FSC, the platform launched the FSC mining pool function. When an organization or

an individual publishes quantitative demand on the platform, it needs to have the

FSC pledge amount of the platform users for advertising. The specific process is as

follows: announce the background of the team and the pledge rules -- the user ap-

plies for a pledge -- the pledge is successful -- the team quantifies the total revenue -

- the revenue is distributed to the pledge users according to the proportion of the

pledge rules in the previous advertisement.

X. FShares Cloud

FSC Earings

Users

Quantitative team

1.FShares Cloud solution

FShares Cloud provides rapid construction of various systems, flexible and diverse

deployment methods (demanders provide domain name, logo, brand introduction,

customized requirements, etc.), system operation and maintenance hosting, support

customized development of requirements, and the whole process of each project is

provided with dedicated project manager for 7 × 24 hours to ensure the normal oper-

ation of the platform.

Core strengths

With a strong professional technical team, FDEX realizes a full cryptocurrency cross-

chain trading system, a safe and stable wallet system, a transparent transaction

Cross - chain Safety Truthworth Data transparency

Spot trading system

Wallet system

Mining pool system

Liquidity system

chain can't be tampered with, high performance consensus is fast and efficient, expe-

rience convenient fixed amount of trading without secret payment, trading mining

more rich gameplay.

2. Decentralized spot trading system

Core strengths Support for multiple types of cryptocurrency one-key listing; Automatic listing and au-

tomatic audit; Millisecond matching response; One-click use of cloud trading plat-

form; Support custom development and operations; Transaction on-chain, real-time

data monitoring, security and transparency.

Trade is mining

Market center

Coin currency trading

IEO

XI. Roadmap

March 2019 FShares team was established FShares’ official site and white paper were launched

April 2019 FShares’ open link main network went online FShares Block Explorer 1.0 bass version browser went online

May 2019 Basic beta of Chrome plug-in was launched FShares Wallet 1.0 went online

June 2019 Optimized Chrome plug-in was launched

July 2019 FShares Wallet 2.0 went online

August 2019 Chrome plug-in the Transaction Contestversion went online FDEX mock trading contestversion went online

September 2019 Official version of FDEX as Chrome plug-in was launched

FDEX PC-end went online officially

FShares Wallet 2.1 went online with optimized cross-chain features

October 2019 FDEX initiated global community node recruitment

November 2019 RC officially launched on FDEX

December 2019 FShares launching ceremony was successfully held in South Korea

FShares (China) reached strategic deals with blockchain com

panies in Japan and South Korea

FShares Wallet 3.0 went online officially with added transaction

Feature

January 2020 FShares Labs has launched its business of incubating projects FShares Group business was gradually opened

February 2020 Full upgrade of FSC application scenarios

March 2020 FDEX exchange completed the brand upgrade, the original FSDEX officially upgraded to FDEX

2020 Q2 FDEX exchange upgraded to version 2.0, trading mortgage model innovation upgrade

FDEX Launch IEO business and a number of projects

FShares Cloud service opens

FShares Fund goes live

FShares Research institute opens

FShares Wallet business upgrade

FDEX digital asset management business will launched

FDEX will enter the southeast Asian market and gradually establishing branch offices or local community channels

2020 Q3 FDEX OTC business will be launched FDEX leveraged trading business will be launched

FDEX contract trading business will be launched

FDEX will expand into the Middle East and Europe, building up

branch offices and local community channels

2020 Q4 FShares Chain system upgrade FDEX leveraged trading will be upgraded to custom leverage

FDEX contract business upgrade (perpetuity contract)

FShares Group continues to optimize its entire business and

rapidly promotes its business development