Crypto Staking / Farming DeFi Protocol – On-Chain Derivatives Trading Platform Launch
Position Exchange is launching as a new decentralized trading platform that offers unique protocols that have yet to be seen in the DeFi industry. The next generation token aims to become the derivatives …
Position Exchange is launching as a new decentralized trading platform that offers unique protocols that have yet to be seen in the DeFi industry. The Next Generation Token aims to become the derivatives trading protocol of choice.
Presenting itself as a next-generation decentralized trading platform, Position Exchange is launching as a transparent provider on the crypto derivatives chain. The platform operates on Binance Smart Chain and offers high leverage, low slip orders fueled by a Virtual Automated Market Maker (vAMM).
More details can be found at https://app.position.exchange/?ref=64963862
The newly launched platform is powered by POSI, its native utility token which differentiates itself from others by its unique approach. Unlike other tokens used for crowdfunding purposes, POSI offers a fully chain redemption and burn system. This means that all fees and income are distributed to each token trader, making them immediate stakeholders of the platform.
POSI is a type of cryptocurrency that is an investment asset that has recently gained popularity due to its potential to generate high returns despite inflation. It works on decentralized technology; which, as the name suggests, means investors own and use a digital currency in a ledger that is difficult to duplicate or distribute.
Investors claim that blockchain technology is more secure than traditional banking, especially for online transactions. Additionally, due to their nature, cryptocurrencies are considered high yielding assets, with some investors doubling or even tripling their initial investment in just one year.
Still, its volatility can be a deterrent for newbie investors who often have low risk investment profiles. Position Exchange addresses the address with its deflationary token, POSI. The company explains that it has put in place several anti-inflation measures to keep POSI stable regardless of market fluctuations and despite the current pandemic.
These measures include a blocking period which prevents agricultural arbitrage robots and the Buy-Back and Burn system which reduces block emissions. When investors set up their wallet, they sign a smart contract that adds a 1% fee to each trade which is split proportionally across all POSI holders.
Position Exchange announces that it has done everything possible to make its dashboard as user-friendly as possible. Its platform can be accessed via desktop computers or downloaded as an app for mobile phones.
Interested parties can find more information by visiting https://app.position.exchange/?ref=64963862
Disclaimer: The information provided on this page does not constitute investment advice, financial advice, trading advice or any other type of advice and should not be treated as such. This content is the opinion of a third party and this site does not recommend that any specific cryptocurrency be bought, sold or held, or that a crypto investment be made. The crypto market is high risk, with high risk and unproven plans. Readers should do their own research and consult a professional financial advisor before making any investment decisions.