
CAKERISE & 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...

Supercharged 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...

Profanity Address Exploit on Binance Smart Chain
Around 30 days ago, we experienced exploit that caused by profanity attack as discovered by 1inch in this article: A vulnerability disclosed in Profanity, an Ethereum vanity address tool. Similar cases:Dappnode $165k exploit, private key generated using fork of ProfanityRubic $200k exploit, admin private key compromisedWe had anticipated the potential exploit before by moving on some of the internal wallet and deployer however unfortunately we missed 2 wallets that was being used as initial m...
The DeFi Interface of Arbitrum

CAKERISE & 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...

Supercharged 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...

Profanity Address Exploit on Binance Smart Chain
Around 30 days ago, we experienced exploit that caused by profanity attack as discovered by 1inch in this article: A vulnerability disclosed in Profanity, an Ethereum vanity address tool. Similar cases:Dappnode $165k exploit, private key generated using fork of ProfanityRubic $200k exploit, admin private key compromisedWe had anticipated the potential exploit before by moving on some of the internal wallet and deployer however unfortunately we missed 2 wallets that was being used as initial m...
The DeFi Interface of Arbitrum

Subscribe to Risedle

Subscribe to Risedle
Share Dialog
Share Dialog
<100 subscribers
<100 subscribers


Hi again from the core team at Risedle! We’ve got a lot of updates to share, so let’s get started.
We 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.

In the new docs we focus on explaining Risedle’s products instead of the underlying protocol itself. Here is the example: Beginner's Guide to ETHRISE.
Previously we use term “Earn” for our USDC vault which is very confusing for many users. Based on the feedback, we have updated the section to “Lend” instead of “Earn”. Now it more obvious that user can “lend” their USDC to earn variable interest in real-time.

Chainsulting has published the audit report for Risedle Leveraged Tokens protocol. The report can be accessed here. Based on their report, there is no high-security issues found in our codebase.
There are so many minor UI/UX improvements that we have deployed this month. Here is the highlight:
Add “Buy on Uniswap” button to ETHRISE detail page
Add contract address to the ETHRISE detail page
Improve toast notification text for minting and redeeming
For complete update, you can follow Risedle Interface github repository.
Here is incomplete list of stuff what we have planned to release next month.
Before we release other leveraged tokens, we aim to build a complete user experience first for minting, holding and redeeming leveraged tokens. The missing feature on the Risedle interface is a Portfolio page. We planned to release the feature on march.

gOHMRISE is 2x Long gOHM token. It aims to simplify the process of opening, managing, closing gOHM leveraged position and protect users from liquidation. We cannot share much detail about this yet, but we have scheduled audit with abdk on march for this. Hopefully we can release it to the public next month.
Risedle is a leveraged position tokenizing 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 Leveraged Token protocol.
Website | Documentation | Twitter | Discord
Hi again from the core team at Risedle! We’ve got a lot of updates to share, so let’s get started.
We 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.

In the new docs we focus on explaining Risedle’s products instead of the underlying protocol itself. Here is the example: Beginner's Guide to ETHRISE.
Previously we use term “Earn” for our USDC vault which is very confusing for many users. Based on the feedback, we have updated the section to “Lend” instead of “Earn”. Now it more obvious that user can “lend” their USDC to earn variable interest in real-time.

Chainsulting has published the audit report for Risedle Leveraged Tokens protocol. The report can be accessed here. Based on their report, there is no high-security issues found in our codebase.
There are so many minor UI/UX improvements that we have deployed this month. Here is the highlight:
Add “Buy on Uniswap” button to ETHRISE detail page
Add contract address to the ETHRISE detail page
Improve toast notification text for minting and redeeming
For complete update, you can follow Risedle Interface github repository.
Here is incomplete list of stuff what we have planned to release next month.
Before we release other leveraged tokens, we aim to build a complete user experience first for minting, holding and redeeming leveraged tokens. The missing feature on the Risedle interface is a Portfolio page. We planned to release the feature on march.

gOHMRISE is 2x Long gOHM token. It aims to simplify the process of opening, managing, closing gOHM leveraged position and protect users from liquidation. We cannot share much detail about this yet, but we have scheduled audit with abdk on march for this. Hopefully we can release it to the public next month.
Risedle is a leveraged position tokenizing 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 Leveraged Token protocol.
Website | Documentation | Twitter | Discord
No activity yet