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Domination Finance
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Domination Finance
@dominationfi
Trade market share, not price. | Backed by ParaFi, Dragonfly, CoinGecko, and more. | https://t.co/NXjg6e49ug
Katılım Kasım 2020
29 Takip Edilen3.2K Takipçiler

Genesis LP Vault is open. $3M cap - once it's gone, it's gone.
Don't sleep on this 👇
Yield Network@yield_network
New LP Deal: @dominationfi Perp DEX LP Vault (Genesis Tranche) Backed by ParaFi, Dragonfly, Shima & CoinGecko. Cap $3M | USDC on @base 40%+ APY genesis incentive + base yield from trading fees Pre-registrations open. Request access: app.yieldnetwork.io/domfi
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@hollowgrahm Exactly. They'd have the same position size, but the $100 can profit up to $900 while the $10 caps at $90. The 900% cap rewards larger collateral, not higher leverage
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@dominationfi Does that mean that the $100 at 10x position could profit up to $900 but the $10 at $100 could only profit up to $90?
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@hollowgrahm Good question. The 900% profit cap is on collateral, not position size. The real tradeoff comes with capital efficiency. $100 at 10x gives you the same exposure as $10 at 100x
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From the Docs: “What is the maximum profit? Profit is capped at 900% of collateral (10x your deposit). Take-profit orders above this cap are automatically adjusted down.”
Doesn’t this create asymmetrical risk against the user? Why choose more than 10x leverage when higher leverage will liquidate you faster but not pay out the corresponding return for the added risk?
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@Tradermayne Imagine having a #USDTDOM position open before this market downturn.
Print SZN
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@Jbgood68967505 You should be able to withdraw and redeem from our legacy app here: v1.domination.finance
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@dominationfi Great work team!! How do we redeem and withdrawl from original V1 protocol?
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@crash3dd Hahahaha, when we get governance live we are absolutely going to make memecoin dominance pairs
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Huge thanks to all our other backers and supporters:
@dragonfly_cap
@AU21Capital
@shimacapital
@LD_Capital
@okex_ventures
@HuobiVentures
@OPCryptoVC
@GSR_io
@hal2001
@davidwachsman
@sandeepnailwal
@Minittowinit
@AyeshKiani
@jprichardson
@coingecko
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Announcing our $3.2m seed round led by @paraficapital. Really excited to work with these strategic partners as we build out the worlds's first DEX for dominance trading.
yahoo.com/now/domination…
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