Infinity Pools is a decentralized exchange offering a unique way to trade derivatives. It allows unlimited leverage on any asset without the usual risks like liquidations, counterparty issues, or reliance on oracles.
Description
Here's how it works:
- Unlimited Leverage Without Risks: Users can trade with unlimited leverage, which means they can amplify their trading capacity without worrying about sudden liquidations or other common risks.
- Solving Common DEX Issues: Infinity Pools addresses typical problems of decentralized exchanges (DEXs) by securing the necessary liquidity beforehand. This means the funds needed to cover trades are already in place.
- Private Pool for Security: There's a "private pool" that holds liquidity for the entire duration of a loan. This means that if the market price of an asset falls, traders can still sell their asset in this private pool just before repaying the loan.
- Flexible Trading Options: Traders have the choice to use their private pool or any other DEX that offers a better price for exchanging their assets to repay the loan.
- Autonomous and Permissionless: The platform operates without relying on external factors like liquidation bots or price oracles, making it fully autonomous and open for anyone to use.
In summary, Infinity Pools provides a safer and more flexible way for traders to leverage assets in a decentralized environment. It eliminates common trading risks and offers more control over the trading process.
Team of the Project
Anonymous
Anonymous team
Funding
Undisclosed