Prop Firm

The end product of The Degen Fund is something never seen before in crypto. TDF will launch the first ever crypto Prop Firm.

Prop Firms have existed in traditional finance from quite some time now, but how do they work?

If you are a trader who thinks they are profitable but you don't have enough money to capitalize your gains, you can try to get funded by a prop firm passing its challenge. You pay a one-time fee to access the challenge which has some restrictions and some profit targets. If you can't pass it you lost the challenge, but if you fulfill the requests you get funded with thousands of dollars to manage and then get a 80/20 profit split from your trading.

Prop Firms have shown in TradFi how great of a business model they have, making millions monthly:

• If a bad trader loses the challenge, Prop Firm makes a profit from the one-time fee

• If a good trader passes the challenge, Prop Firm makes a profit from the profit split

Win-Win situation that brings exponential growth to both funded traders and the TDF ecosystem, since profits to be split this way:

• 20% to the team

• 20% to the Growth Fund (marketing, insurance, etc...)

• 60% to the Main Managed Treasury