KittenSynthetic: Bull & Bear Leverage Tokens with Yield, without Liquidation, and without Time Decay

  • You can use USDC to 3x trade ETH on Polygon.
  • You can use USDC to 3x trade QQQ on BSC.

1. Collecting Transaction Fee

  • If someone buy BULL, the tx fee goes to all bears.
  • If someone buy BEAR, the tx fee goes to all bulls.
  • If someone sell BULL, the tx fee goes to all remaining bulls.
  • If someone sell BEAR, the tx fee goes to all remaining bears.

2. Collecting Funding Rate

  • When total_BULL_value > total_BEAR_value, bears can receive funding rate from bulls. So it’s good to hold BEAR.
  • When total_BEAR_value > total_BULL_value, bulls can receive funding rate from bears. So it’s good to hold BULL.

3. Collecting “debt” from the Settlement Process

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https://www.kitten.finance/

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Kitten Finance

Kitten Finance

https://www.kitten.finance/

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