RisedleCAKERISE & CAKEDROP are live on Risedle
Today, we launched CAKERISE and CAKEDROP, the first leveraged tokens built on top of Fuse that is maintained by Midas Capital on BNB Smart Chain. CAKERISE and CAKEDROP are derivatives products with no margin or liquidation risks. It provides you with leveraged long and short exposure to the CAKE token, which may amplify profitability and potential losses:If CAKE price goes up 5% 🟢, then:CAKERISE price will up 10% 🟢CAKEDROP price will down 10% 🔴If CAKE price goes down 5% 🔴, then:CAKERISE p...
RisedleSupercharged Web3 Trading Experience
You may notice that the current DeFi ecosystem is developed in silo, where every protocol compete to get the highest liquidity or usage by using token incentives. This competition created a misaligned incentives model that leaves a lot of token to go into death spiral, bleed to dry and race to zero fees.It’s all never-ending death spiralComposability has been discussed endlessly but yet we only see small number of projects that focused on this area. Everyone is trying to become the new primit...
RisedleFebruary Development Update
Hi again from the core team at Risedle! We’ve got a lot of updates to share, so let’s get started.Better Product DocumentationWe have revamped Risedle’s documentation site. Previously we used a notion page for the documentation. There is no clear site navigation and full text search functionality built in. Then we move the documentation to gitbook. It has the best navigation and full text search functionality.Clear guideIn the new docs we focus on explaining Risedle’s products instead of the ...
The DeFi Interface of Arbitrum
RisedleCAKERISE & CAKEDROP are live on Risedle
Today, we launched CAKERISE and CAKEDROP, the first leveraged tokens built on top of Fuse that is maintained by Midas Capital on BNB Smart Chain. CAKERISE and CAKEDROP are derivatives products with no margin or liquidation risks. It provides you with leveraged long and short exposure to the CAKE token, which may amplify profitability and potential losses:If CAKE price goes up 5% 🟢, then:CAKERISE price will up 10% 🟢CAKEDROP price will down 10% 🔴If CAKE price goes down 5% 🔴, then:CAKERISE p...
RisedleSupercharged Web3 Trading Experience
You may notice that the current DeFi ecosystem is developed in silo, where every protocol compete to get the highest liquidity or usage by using token incentives. This competition created a misaligned incentives model that leaves a lot of token to go into death spiral, bleed to dry and race to zero fees.It’s all never-ending death spiralComposability has been discussed endlessly but yet we only see small number of projects that focused on this area. Everyone is trying to become the new primit...
RisedleFebruary Development Update
Hi again from the core team at Risedle! We’ve got a lot of updates to share, so let’s get started.Better Product DocumentationWe have revamped Risedle’s documentation site. Previously we used a notion page for the documentation. There is no clear site navigation and full text search functionality built in. Then we move the documentation to gitbook. It has the best navigation and full text search functionality.Clear guideIn the new docs we focus on explaining Risedle’s products instead of the ...
Share Dialog
Share Dialog
The DeFi Interface of Arbitrum
Subscribe to Risedle
Subscribe to Risedle
Yesterday, we launched BNBRISE and BNBDROP, the first leveraged tokens built on top of Fuse that is maintained by Midas Capital on BNB Smart Chain.
BNBRISE and BNBDROP are derivatives products with no margin or liquidation risks. It provides you with leveraged long and short exposure to the BNB token, which may amplify profitability and potential losses:
If BNB price goes up 5% 🟢, then:
BNBRISE price will up 10% 🟢
BNBDROP price will down 10% 🔴
If BNB price goes down 5% 🔴, then:
BNBRISE price will down 10% 🔴
BNBDROP price will up 10% 🟢
BNBRISE and BNBDROP are backed by BNB and BUSD token and can be redeemed at anytime.
Due to the rebalancing mechanism, the BNBRISE and BNBDROP are more suitable for short-term investment in a one-sided market. In a volatile market, the actual leverage may frequently exceed the target leverage range. This means that the rebalancing mechanism will be triggered accordingly in order to maintain leverage within the target range. Thus, BNBRISE and BNBDROP are not suitable for long-term investments.
Historical data for price and backings are directly available on Risedle app. Anyone can access full historical data via Risedle FLT BSC Subgraph.
Risedle Labs provide easy-to-use interface to trade the BNBRISE and BNBDROP.
Go ahead and start trading now:
https://bsc.risedle.com/trade/bnbrise
https://bsc.risedle.com/trade/bnbdrop
Midas Capital is bringing isolated and customizable money markets to EVM-compatible blockchains. Enabling users, DAOs, and protocols to create customized and isolated pools for lending and borrowing any asset, Midas is building a cross-chain ecosystem that democratizes money markets. Pool creators have the flexibility to modify pool parameters (interest rate curves, oracles, collateral factors, pool fee, etc.) according to their risk appetite. With isolated pools, Midas offers stellar features for both large-scale institutions, protocols, and traditional investors.
Risedle is a decentralized leveraged token trading protocol. It aims to simplify the process of opening, managing, closing leveraged position and protect users from liquidation. By letting users mint leveraged tokens, Risedle can helps users to enjoy leveraged gains by simply holding a token and eliminate the intricacies of managing a conventional leveraged position as users are not required to maintain margin or their position health ratio.
We are core contributors of the Risedle Protocol.
Website | Documentation | Twitter | Discord
Yesterday, we launched BNBRISE and BNBDROP, the first leveraged tokens built on top of Fuse that is maintained by Midas Capital on BNB Smart Chain.
BNBRISE and BNBDROP are derivatives products with no margin or liquidation risks. It provides you with leveraged long and short exposure to the BNB token, which may amplify profitability and potential losses:
If BNB price goes up 5% 🟢, then:
BNBRISE price will up 10% 🟢
BNBDROP price will down 10% 🔴
If BNB price goes down 5% 🔴, then:
BNBRISE price will down 10% 🔴
BNBDROP price will up 10% 🟢
BNBRISE and BNBDROP are backed by BNB and BUSD token and can be redeemed at anytime.
Due to the rebalancing mechanism, the BNBRISE and BNBDROP are more suitable for short-term investment in a one-sided market. In a volatile market, the actual leverage may frequently exceed the target leverage range. This means that the rebalancing mechanism will be triggered accordingly in order to maintain leverage within the target range. Thus, BNBRISE and BNBDROP are not suitable for long-term investments.
Historical data for price and backings are directly available on Risedle app. Anyone can access full historical data via Risedle FLT BSC Subgraph.
Risedle Labs provide easy-to-use interface to trade the BNBRISE and BNBDROP.
Go ahead and start trading now:
https://bsc.risedle.com/trade/bnbrise
https://bsc.risedle.com/trade/bnbdrop
Midas Capital is bringing isolated and customizable money markets to EVM-compatible blockchains. Enabling users, DAOs, and protocols to create customized and isolated pools for lending and borrowing any asset, Midas is building a cross-chain ecosystem that democratizes money markets. Pool creators have the flexibility to modify pool parameters (interest rate curves, oracles, collateral factors, pool fee, etc.) according to their risk appetite. With isolated pools, Midas offers stellar features for both large-scale institutions, protocols, and traditional investors.
Risedle is a decentralized leveraged token trading protocol. It aims to simplify the process of opening, managing, closing leveraged position and protect users from liquidation. By letting users mint leveraged tokens, Risedle can helps users to enjoy leveraged gains by simply holding a token and eliminate the intricacies of managing a conventional leveraged position as users are not required to maintain margin or their position health ratio.
We are core contributors of the Risedle Protocol.
Website | Documentation | Twitter | Discord
<100 subscribers
<100 subscribers
No activity yet