dimitris

There are lots of exciting things happening with @foxifytrade right now! Here's the TLDR on the Litepaper that I promised! @foxifytrade is a first of its kind, decentralized trading platform, offering innovative P2P options. Coupled with decentralized technology and smart contracts, @foxifytrade has created OptiTrade technology. OptiTrade technology minimizes DeFi trading challenges, for example, with @foxifytrade you have: 💥Account & wallet creation through email 💥Non custodial wallet 💥On-ramp and off-ramp features 💥Gasless transactions Trading Perpetuals Perps traders can leverage up to 50x on blue chip pairs, including BTC/USD and ETH/USD, with more pairs coming. How will it work? You open a position on the perpetual future, send your desired margin to the smart contract, along with your desired leverage and direction (long or short). Trading Options You select an asset, decide on your strategy (Short/Long) and then trade on either side of an option. Options are specific to an asset, a period of time and a rate, set by the maker. This allows you to be both the trader and market maker. Liquidity You can provide liquidity for perpetuals leverage and earn up to 75% of the trading fees. This pool will have upside exposure along with stables hedging. Leveraged Liquidity Check this out... 1⃣ Deposit your LP tokens into a vault, earn APY 2⃣ Receive receipt token, deposit on Foxify LP 3⃣ Provide liquidity to Foxify 🤯Earn a % of trading fees! Education A trading academy on the platform, an auditorium for lectures and training, and a demo trading platform. NFT A free NFT mint (willy wonka style - random distribution) gives traders the opportunity to save on fees, and non-traders the ability to sell on the open market. Everyone wins! Governance The Foxify token acts as governance token in the FoxifyDAO earning stakers a right to vote (weighted). @foxifytrade is truly a revolutionary product with an experienced team led by @Danny_FXFY_MDB . It will be exciting to see where this goes! fin Like, Follow, get your NFT and join the Dan'l Team!