CompliFi is a new & innovative derivatives issuance app, where liquidations or margin calls don't exist.
⚠️ Newly Released
✅ Active team
⚠️ Centralized (for now)
👉 CompliFi website
👉 CompliFi twitter
👉 CompliFi token
👉 CompliFi Discord
👉 CompliFi docs
What Is CompliFi? 🤔
- A derivatives eco-system with 2 sides:
- Side 1: those that want to leverage trade crypto (long or short)
- Side 2: those that provide collateral for derivatives to be issued (earn interest)
- With both of these sides using each other, and derivatives being backed by real collateral at all times, there aren't any liquidations, margin calls, or defaults!
Why Trade On Leverage? 🤔
- Possibility to multiply your profits, without needing more capital.
- (also possible to multiply losses 😄)
- Bullish on ETH? Go 5x LONG —> ETH moves up 5%? —> You're up 25%
- Bearish on ETH? Go 5x SHORT —> ETH moves down 5%? —> You're up 25%
How Does It Work?
What Are The Risks Of Using CompliFi?
- Bugs, exploits in the smart contracts, are always possible.
- CompliFi is a fairly new Dapp, and they warn that the app is in BETA right now, and to use at your own risk.