Name: Fodl Finance
SKU: FODL
Price: 0.001192948734 USD

Fodl is a fully decentralized leverage trading platform using liquidity from collateral lending platforms like Compound and Aave instead of funding rate and margin markets.The Fodl platform combines several money "legos" of the DeFi ecosystem - flash loans and collateral lending platforms, combined with proprietary position protection bots and cross-asset price indexing - to build a fully decentralized leverage trading platform.Fodl enables traders to utilize leverage for their trades without paying a funding rate. This leverage is derived from existing DeFi building blocks, Compound and Aave. In essence, traditional DeFi borrow/lend platforms are turned into money markets providing users with leverage by margining your assets to yourself. Our motto is: Be your own funding rate!Additionally, Fodl follows a decentralized ethos of transparency, low fees, user autonomy and distributed revenue distribution. All positions and calculations are handled on-chain using live market data, users maintain the keys to their positions and do not send funds to a central pool, or protocol, and Fodl fee revenue is distributed entirely to Fodl LPs via buybacks - essentially decentralizing all protocol revenue. Not your keys, not your coins.Yield Farmers / Traders<ul><li>Yield Farmers and Traders are able to open positions on Fodl, gaining leveraged exposure to their preferred asset while earning yield&nbsp;</li></ul>Fodl Bots<ul><li>The proprietary Fodl smart contract bots are used to protect leveraged positions on the Fodl platform against liquidation, and can set stop losses and take profit levels</li></ul>DAO members<ul><li>Through the FODL governance token, holders can participate in Fodl DAO, determining the trajectory of the protocol</li></ul>

Fodl Finance

Fodl is a fully decentralized leverage trading platform using liquidity from collateral lending platforms.

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%name%: Latest News, Social Media Updates and Insights

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ Binance Listings: Celestia (TIA)   BitForex Listings: Metaus (MTU) Rif (RIF) GameBitcoin (GBIT) Zetrix […]
The post Crypto Exchange Listing and Delisting Announcements: October 30, 2023 appeared first on Cryptonews.

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Crypto Exchange Listing and Delisting Announcements: October 30, 2023

Cryptocurrency exchange, OKX, is set to delist the XRP/OKB spot trading pair from its platform at the end of the month, along with several other spot trading pairs.  This development takes place against the background of OKX’s rise in the industry. With assets of an astounding $11.32 billion, OKX is currently one of the largest […]

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In a noteworthy development, Binance, the globally leading cryptocurrency exchange, has declared the launch of new spot trading pairs. This strategic expansion is seen in light of the prevailing sentiments in the cryptocurrency market and the platform’s aim to offer diversified options to its users. New trading pairs and fee waivers: Binance’s latest offerings Binance’s ... Read more

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