# FOLD

**Published by:** [lion8848](https://paragraph.com/@lion8848/)
**Published on:** 2021-10-20
**URL:** https://paragraph.com/@lion8848/fold

## Content

FODL's mechanics are interesting. With Fodl, everything is computed and executed on the chain. Users do not send their funds to a central pool or protocol. The user retains the key to his position and can choose to enable stop-loss and stop-profit bots to open the position (available in the official version). That's why there are private addresses. FODL found that $WETH was authorized to a private address. Upon examination of the contract, a new address is generated internally for each address. So there should be no safety issues. At the moment, comparisons between FODL and DYDX are not particularly sensible. DYDX has been tested by extreme market conditions. FODL is just getting started and its success is uncertain. Always remember not to be ALL IN if you are optimistic.

## Publication Information

- [lion8848](https://paragraph.com/@lion8848/): Publication homepage
- [All Posts](https://paragraph.com/@lion8848/): More posts from this publication
- [RSS Feed](https://api.paragraph.com/blogs/rss/@lion8848): Subscribe to updates
- [Twitter](https://twitter.com/lion18280093): Follow on Twitter