The BTC 2x Flexible Leverage Index (BTC2X-FLI) is an ERC20 token on Polygon, simplifying leveraged exposure to Bitcoin. More
Fully Diluted Valuation | $3.76M |
---|---|
24H Trading Volume | $382 |
24H Low / High | $50.26 / $ 51.07 |
Circulating Supply | 73.89 K |
Total Supply | 73.89 K |
Max Supply | ∞ |
Categories | Index 6 more |
---|---|
Founder | Alexandre Dreyfus |
Website | tokensets.com |
Socials | 2 more |
Chains | Ethereum Ecosystem |
Explorer | Etherscan 2 more |
Contracts |
![]() |
Name | Pair | OG Score |
---|
The BTC 2x Flexible Leverage Index (BTC2X-FLI) is an innovative financial tool designed to make leveraging Bitcoin easier and safer. Operating on the Polygon network and managed by Scalara using the Set Protocol framework, BTC2X-FLI helps investors gain amplified exposure to Bitcoin without the usual complexities and risks.
Simplifying Bitcoin Leverage
BTC2X-FLI simplifies leveraging Bitcoin by managing collateralized debt positions (CDPs) through an ERC20 token. This means investors can increase their exposure to Bitcoin's price movements without constant oversight. The index automatically adjusts leverage ratios, reducing the risk of liquidation, even during volatile market conditions.
Key Features and Benefits
Automated Management and Risk Reduction
BTC2X-FLI automates the management of leveraged positions, so investors don't have to monitor and maintain their positions constantly. The index adjusts leverage levels based on market conditions, minimizing the risk of liquidation and offering more stability.
Cost Efficiency
BTC2X-FLI reduces transaction costs and operational complexities compared to traditional leveraged products. Its unique algorithm lowers the frequency of rebalancing, which decreases transaction fees and reduces the risk of price slippage during trades. This efficiency helps improve overall returns.
Security Measures
BTC2X-FLI prioritizes the security of investor funds. The index undergoes regular security audits by third-party experts to ensure its smart contracts and technology are secure. Additionally, it has mechanisms for emergency deleveraging during extreme market downturns, protecting against significant losses.
Market Impact and Adoption
BTC2X-FLI has gained significant attention and adoption in the cryptocurrency community. Its availability on the Polygon network makes it accessible to a broader range of investors. The listing of its token contract address further legitimizes its presence and facilitates transactions.
Conclusion
The BTC 2x Flexible Leverage Index offers a simpler, safer way to leverage Bitcoin. By automating complex processes and improving risk management, BTC2X-FLI helps investors take advantage of Bitcoin's potential with fewer risks and lower costs. As the cryptocurrency market evolves, BTC2X-FLI provides a leading solution for leveraging Bitcoin investments.
The BTC 2x Flexible Leverage Index (BTC2X-FLI) is unique because it automates the management of leveraged Bitcoin positions, reducing risks and transaction costs with a dynamic leverage adjustment mechanism and a unique index algorithm.
The BTC 2x Flexible Leverage Index (BTC2X-FLI) is managed by Scalara, and the founder is Alexandre Dreyfus.
Sushiswap
This website uses cookies to enhance your experience. Please see our Cookie Policy.