i dont understand how so many idiots commenting this type of garbage. x + 10% = 1.1x, 1.1x - 10% -> .99x. simple math, now imagine happen multiple times in a day, this is capital decay.
Dear user, hello. The underlying essence of ETFs is Futures Trading, which corresponds to the rise and fall of the Futures Trading market. The product characteristics of ETFs can cause wear and tear during fluctuating markets. ETFs also have a rebalancing mechanism. When the underlying Position changes, there may be a mismatch in the corresponding rise and fall. The platform will have irregular balancing and scheduled rebalancing. When the rise and fall is too large or at midnight every day, the leverage will be fixed back to 3x or 5x leverage. For more information on the rise and fall of ETF products, you can click the link to view: https://www.gate.io/zh/help/trade/leverage_tokens/17369 https://www.gate.io/zh/help/trade/leverage_tokens/17343/about-leveraged-tokens
Life should be about taking risks, and if you're going to be crazy, then be crazy. Each day that passes is one less day; truly cherish the opportunities for excitement. Before you know it, you'll be old, and at that point, it will all be for nothing, just a wasted trip. Anything below 3U is a huge profit, enter a position, enter a position, it’s time to slap your thighs!