Chaotic Finance is a cutting-edge crypto project that pioneers the field as the first community-driven delta one asset protocol on the Kusama network via Moonriver. This revolutionary platform offers its community members the opportunity to interact with a diverse range of synthetic assets, enabling trading of both long and short positions with the added advantage of up to four times leverage.
About CHAOS - The Native Token of Chaotic Finance
The native token of this platform is known as CHAOS. This token serves as the main medium of exchange within the Chaotic ecosystem. CHAOS token holders enjoy a multitude of benefits, primarily involving the staking of their tokens on Chaotic Buildr, a feature within the platform.
Staking on Chaotic Buildr
Chaotic Buildr allows CHAOS holders to stake their tokens and in return, mint cUSD, the stablecoin of the Chaotic Finance protocol. This encourages user participation and investment in the platform. Moreover, it creates an innovative method of yield generation through staking.
Weekly Rewards and Leverage Trading
Staking CHAOS not only allows users to mint cUSD but also qualifies them for weekly CHAOS rewards. Additionally, users can use their minted cUSD for further trading. Chaotic Exchange, another feature of Chaotic Finance, empowers users to leverage their favorite tokens. Trading can be done in both long and short positions with up to 4x leverage, providing a competitive edge to users in the volatile crypto market.
Conclusion
Chaotic Finance emerges as an innovative platform in the crypto world, encouraging community participation through staking and providing high leverage trading options. With its native token CHAOS and unique features like Chaotic Buildr and Chaotic Exchange, it is reshaping the way community-driven protocols operate on the Kusama network.
Chaotic Finance social statistic
1,114
Twitter followers
146
Telegram members
0
Reddit subscribers
0
Facebook likes