ETH2X-FLI is a fully collateralized ERC-20 leverage token on the Ethereum platform that simplifies leveraged trading by autonomously managing liquidation ratios. More
| Fully Diluted Valuation | $12.92M |
|---|---|
| 24H Trading Volume | $6,330 |
| 24H Low / High | $18.35 / $ 19.34 |
| Circulating Supply | 677.77 K |
| Total Supply | 677.77 K |
| Max Supply | ∞ |
| Categories | Index 6 more |
|---|---|
| Founder | Anonymous |
| Website | indexcoop.com |
| Socials | 1 more |
| Chains | Ethereum Ecosystem |
| Explorer | Ethplorer 2 more |
| Contracts |
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| Name | Pair | OG Score |
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In the dynamic landscape of decentralized finance (DeFi), the Ethereum Flexible Leverage Index, or ETH2X-FLI, has emerged as a notable player, aiming to streamline and improve the user experience in leveraged trading on the Ethereum blockchain.
Efficiency in Leveraged Trading:
ETH2X-FLI endeavors to simplify leveraged trading by abstracting the management of collateralized debt positions into a straightforward index. This approach is intended to minimize transaction costs and mitigate risks associated with maintaining leveraged positions.
Automatic Liquidation Ratio Management:
ETH2X-FLI distinguishes itself by automating the management of liquidation ratios. Users are relieved of the need for constant monitoring, and the system's algorithm ensures liquidation ratio stability even during volatile market conditions, including black swan events.
Advantages Over Traditional Leveraged Tokens:
Compared to legacy leveraged tokens, ETH2X-FLI introduces certain advantages. These include zero slippage through composable entry and exit, a reduction in the frequency of rebalancing needs, and the provision of emergency deleveraging options during unforeseen market events.
Native ERC-20 Leverage Token with Gas Efficiency:
ETH2X-FLI operates as the native ERC-20 leverage token on the Ethereum platform, adhering to the FLI methodology. This methodology eliminates the need for users to deal with margin requirements and offers gas efficiency. The use of a 2x leverage and a tolerance range further contributes to reduced rebalancing needs, resulting in potential cost savings for users.
In summary, ETH2X-FLI introduces a pragmatic approach to leveraged trading within the DeFi space. Through automatic liquidation ratio management and unique features like composable entry and exit, the platform aims to provide users with a more efficient and cost-effective solution for navigating the complexities of leveraged trading on the Ethereum blockchain.
ETH2X-FLI distinguishes itself by automating liquidation ratio management, reducing transaction costs, and offering a 2x leverage with a tolerance range, providing users with a seamless and cost-efficient leveraged trading experience on the Ethereum platform.
Founder of this project is anonymous.
You can buy Index Coop - ETH 2x Flexible Leverage Index (ETH2X-FLI) on Uniswap V3 (Ethereum), Uniswap V2 (Ethereum), Sushiswap cryptocurrency exchanges.
