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Gains Network brings its liquidity-efficient decentralized leveraged trading architecture to Polygon.
Trade cryptos with up to 150x leverage, and major forex pairs with up to 1000x (on-chain execution).
Stocks, commodities, and indices are coming soon.
Major innovations:
Simulation of the trading PnL by minting/burning the GNS token (asset-agnostic synthetic).No funding fee (no capital borrowed for the leverage).Support for any asset with any leverage.100% of the liquidity concentrated into a single GNS/DAI pool (no order books for each pair).DAI-only liquidity layer on top of the GNS/DAI liquidity for maximum capital-efficiency.Collaterals only going through the liquidity (significantly less slippage).First-of-its-kind on-demand Chainlink DON (decentralized oracle network).Median spot prices only, no derived/generated price.Tokenomics:
Utility token minted/burnt by the trading platform (necessary for the architecture).Long-term deflationary pressure on the GNS supply from trading losses.Significant share of the leveraged trading fees going to GNS/DAI liquidity providers. referencePosted on 26 Dec 2024, this text provides information on Miscellaneous in Cryptocurrency related to Cryptocurrency. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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