Balance is excited to announce a new partnership with Takepile, a leading trading platform built on Fantom. Takepile offers a decentralized perpetual exchange with up to 200x leverage, 20+ markets and is set to launch their platform utilizing USDB stablecoin for TAKE token liquidity and in their novel liquidity system ‘piles’ which guarantee position solvency.
The Takepile Protocol’s pile liquidity system is their single greatest point of differentiation from other trading platforms. Here’s how it works:
Since liquidity is comprised of the underlying asset and trading does not utilize the same asset but is rather analogous to opening & closing positions with an LP token, the system ensures position solvency no matter the market situation.
published
How USDB is utilized by Takepile
For DeFi users, this partnership will also introduce lucrative opportunities through:
Below are some more salient features of the Takepile platform:
published
How Takepile compares with other DEX and trading platforms
The Balance Organisation is a team of product strategists, business executives, financial engineers, and world-class developers from across the globe. We leverage our decentralized business experience to help build a more sustainable, inclusive crypto investment economy.
Find us on our channels to get in touch and join the community.