We are an up and coming decentralized stablecoin management platform. With all the recent FUD about the stability of stablecoins, we decided to try to build a platform that allows users to do a number of important things with their stablecoins. On our platform, users can:
Trade: Users can trade stablecoins with up to 1000x leverage (long and short). Users can take advantage of the daily discrepancies of a stablecoin peg to gain massive profits with leverage.
Hedge: The platform allows users to automatically hedge their stablecoin exposure with stablecoin shorts (leverage up to 40x is optional and will reduce the amount you need to set aside for hedging, but adds more risk).
Stake - Users can stake their stablecoins and earn yield, which is determined based on how much stablecoins are needed for the platform's operations. These stake stablecoins are used for margin trading and lowering the difference between the futures price and the spot price. Users have an option to enable gamma neutral staking mode, in which staked stablecoins are automatically hedged to prevent loss of wealth in a depeg during the staking period.
Prepare for Doom: Users can also set predetermined conditions for predetermined instructions to occur to prevent losses in a depeg. For example, if the price of USDT drops >2%, all USDT will be sent to your Coinbase to be redeemed to fiat USD via the Coinbase API.
There are many other features we plan to introduce in the future, such as an algorithmic stablecoin, tokenized forex currencies and currency options trading.
AlphaGrowth offers the latest in crypto analytics and user data for the Burning Horse Dao cryptocurrency. Updated every 24 hours, our live Burning Horse Dao TVL and user graph provide the most accurate data available. Our social media metrics are also second to none, so you can track the success of the Burning Horse Dao project and how many users are engaging.
If you are looking for the latest Burning Horse Dao charts and metrics check below. We have charts covering a range of stats such as Burning Horse Dao TVL, Burning Horse Dao Price, Burning Horse Dao Social Media followers and more.
One way to get an idea of which cryptocurrencies are most popular is to look at the amount of Twitter followers each one has. Burning Horse Dao currently has 1 followers on Twitter. Track Burning Horse Dao historical followers by checking the below chart.
Burning Horse Dao currently has 1 Discord members and you can see the Burning Horse Dao historical followers by checking the chart below. Discord membership levels can give you a good idea at how engaged the community for a particular project is.
A great way to understand Burning Horse Dao is to compare similar crypto projects to Burning Horse Dao by Categories, Chains, TVL, followers and more. We compare Burning Horse Dao and update data every 24 hours to give you the latest Alpha and similar projects.