Freeway Tokens (FWT) are the Ethereum- and BNB-based native utility tokens for AuBit Freeway, a centralized asset management platform that aims to help its users earn 20-50% annual rewards. The accounts are operated by the Freeway Prime Brokerage, an EU-regulated prime brokerage with a 22-year track record.
Currently, users of Freeway mainly earn through staking their tokens in the Superchargers, which are virtual simulations of popular crypto and fiat currencies, or through referring their friends to the platform. According to the official website, Freeway plans to open the Freeway Spend account designed to introduce banking service to the platform and help users earn on their everyday spending.
FWT is the native utility token for the Freeway platform. Its utility includes:
- FWT Staking Rewards
- Additional rewards on Superchargers & Freeway Prime deposits
- FWT will offer Freway users discounted product, service and trading fees
- FWT is the Layer 1 token securing Freeway Chain, which will bridges traditional to decentralised finance worlds