• Mizar launched its Mizar Galaxy Fund.
• Expert traders trade for crypto users on the Galaxy Fund’s behalf.
• All profits from this fun go to liquidity providers. A portion of the profit is channeled into the fund in order to increase capital.

Today, crowd-sourcing has become a viable organizational tool that has evolved from being a mere fundraising source for independent artists to becoming a means by which a project’s community can influence its ongoing development. The whole thing has been given a democratic touch.

Mizar, an intelligent trading platform for cryptocurrency assets, has launched its Mizar Galaxy Fund. This is an application of the crowd-sourcing principle to cryptocurrency trading. Galaxy Fund’s skilled traders manage trades for cryptocurrency users that may lack the time or desire to do day-trading. The end-user supplies liquidity to the fund by staking tokens, and in return gains a percentage of the profits made by the fund’s expert traders.

You can earn a lot of money by trading crypto currencies

Just like yield farming, would-be traders can only reap the benefits of liquidity providers (LPs), which is a way for users to secure their coins to the fund. To increase the trading capital, a portion of profits from the fund is distributed to its liquidity providers. To grow your portfolio, an auto-compounding feature automatically reinvests your profits. Traders are ranked in a leaderboard according to various performance-related metrics, and the most successful receive a greater portion of the fund’s profits to further boost the strength of their trading strategies.

Mizar’s distribution of profits to its community of liquidity providers seeks to create a fortuitous feedback loop, where the potential success of the fund attracts more users, who in turn provide more capital to the fund, which in turn can reap more profits on its successful trades from having a higher capital allocation.

Mizar Galaxy, a hedge fund created by and for the people is an investment platform that removes time and skill constraints from managing active portfolios. Users still get rewards commensurate to tokens invested on the platform.

All hail the Bots

Mizar allows traders who are skilled in crypto trading to make the most of their performance. All capable traders can become part of the Galaxy Fund providing they demonstrate their ability, while the creation of automated trading tools – bots – helps execute and automate trades according to parameters defined by the user. Galaxy trades are made using bots that were specifically developed by Mizar.

By copy trading novice traders are able to learn from experienced traders. Copy trading lets newbies mimic the winning trading strategies of successful traders. Mizar also allows for the creation of automated trading tools – bots – that execute trades automatically according to the parameters set by the user.

Many crypto exchanges now allow user contributions to trading strategies. It allows for a glimpse into the daily realities of crypto day-traders and gives aspiring traders an immediate advantage. Mizar Galaxy is an example of a user-contributed fund. It combines the user-led principle that copy trading with the passive income that can be earned from staking.

The regular re-balancing of the fund’s active investments and strategies according to monthly performance provides a bulwark against market volatility, and according to the Mizar team, makes the Galaxy Fund a market hedge of its own. The positive feedback loop that the Galaxy Fund provides to Mizar users should be spinning quickly.

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