The issue with this round of the market has never been a lack of projects,


but rather that the vast majority of projects still remain at "copying the old financial structure on the chain"—assets are limited, leverage is closed off, and liquidation dominates everything,
and @RateX_DEX is doing in V2 is to abstract leverage from a product into a capability that can be attached to any asset,
then redistribute risk through short tokens and a no-liquidation mechanism. If this change proves successful, it will impact not just a protocol, but the entire boundary of on-chain derivatives.
$RTX posted earlier, and there haven't been major fluctuations,
being able to stay steady in this market condition is actually quite rare.
Details:
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin