------------------------------
FROM HAMSTER INVESTOR
Dear Support/SALMON
Forex and TEX must be fully segregated into business divisions. These are two types of platforms with different categories of investors.
Forex PAMM is for risk averse investors whereas TEX is for traders with higher risk profile such as speculators.
Many companies were dragged down by diversify to different business rather than focusing its core business. Triumphfx has good track records in PAMM. By transforming to cryptocurrency and exchange, the company doesn't have expertise and competitive advantages. The management should retain the traditional forex business which includes fund management, profit distribution and withdrawal. TEX is for trade, inflow and outflow through buy and sell.
Forex PAMM has transformed with no cash deposits. Then, the withdrawal issues dealt with buyback and TEX with two categories of investors and traders. Forex investors have lost faith in the withdrawal process and TEX. The company has realized the two doesn't match and has decided to move back buyback/withdrawal and internal transfer to Trader Room.
In order to restore stability and confidence, the company has to do major restructuring of TFXI and TEX.
1) To maintain TFX value at 1 USDT in the Trader Room.
2) Adopt the proposal to the new buyback mechanism using proportion to fund attachments (refer to details in the proposal)
3) Revert normal withdrawal process for fund detachment
4) Company must reassure forex PAMM investors the existing value capital and profit at 1 USDT as backed by LP's deposits.
TEX is open for traders only.
How to improve buyback mechanism
Buyback is company's initiative to enable investors to withdraw TFX at 1 USDT when TFX price is less than 1 USDT in TEX open market.
Currently, Company can buyback 10 millions TFX per day.
The buyback of 10 millions TFX per day is 0.1% of 10 billions total fund size.
If all investors apply for buyback. Each withdrawal proportion is 0.1% of their fund.
The daily calculation of buyback is based on the proportion of investors' fund.
If your fund size is 50,000 TFX, the withdrawal is 50 TFX based on calculation of 0.1% x 50,000
At the close of the buyback window, the algorithm will calculate total amount of fund size. If investors total fund size is 500 millions. That's the total fund size of those applying for buyback. This assumes 50% of 1 billion liquidity. 10% of the total fund size is liquid and 90% is fund attachment. The proportion is 2% @10/500. If the 50,000 fund size earns 7% profit or 3500 TFX, the investor could withdraw 1000 @50,000x2% per day.
All investors are eligible to withdraw a certain amount based on proportional fund attachments.
This method will phase out lucky draws in pop up window. This will restore confidence and market sentiment.
However, this method does not apply to
1) Fund detachment
2) Speculators with no fund attachment.
3) TFX price above 1 USDT in TEX
In order to be sustainable, the company need increase the 10 millions buyback in tandem with grow in fund size.
Fund detachment has to go through normal withdrawal process.
Buyback mechanism should be made available to every investor. The new Buyback is to replace the current pop up window which executes a tiny faction of sale orders. The proposed buyback mechanism can achieve the intended objectives and prevent Bots activities and speculators from manipulation of Buyback. The Trader Room maintains TFX value at 1 USDT backed by LP's deposits.
------------------
Someone really wrote so long letter offering advice to scammer team 😳 but he doesn't have a proper email to send to, so busy circulating among hamsters.
10 bil company and no email 😂😅
It's their intention to put all your usd into tex. Then earn 80 cent per tfx and you cannot blame them saying they cheated your money. Without hamster investors, tex will collapse in one second.
What business are you talking about? Financial report don't have. Audit don't have. Yfx earning from hamster investors is already conflict of interest, hamsters still ok with it.
30 days, everyday 50 mil volume x 70 cent profit x 30 days, easily 1 bil profit a month. 12 months then it's 12 bil? Best business exit plan. But that's the volume they put, i don't even believe it.
Better spend time thinking if this is legit than writing like team doesn't know what they're doing. We're talking about a 10 bil company hey.
7% profit every 5 weeks.
Upline gets commission up till 45%
Sustainable?
It’s a great idea 😂 but we know it’s not going to happen. Not even 0.1% to prove that they actually have that 10 million per day.
The so called “withdrawal” issue will persist and victims will continue complaining about it.