@0xGuardianman@nadoHQ@inkonchain@inkfndhq * Bring in elite traders.
* Deposit your funds into the vault.
* Reduce the spread by placing limit orders.
* Trade more and pay more in fees.
* Trade a wide variety of coins.
Not to be pedantic, but the first perp DEX to allow tokenized stocks as collateral wasn't Ondo - it was Nado.
Here's the actual timeline:
May 22 - @nadoHQ announced its upcoming Season 2 upgrades, including: "Real-world assets are coming as collateral - unlocking capital that's usually limited to holding."
June 9 - Nado launched the feature and stated: "Nado becomes the first venue where US equities exist as collateral for trading, as well as both spot and perpetual markets under one portfolio-margin system." That was the first live implementation.
June 15 - @Aster_DEX announced a similar update: "Tokenized Stocks as Collateral for Perps."
July 7 - @OndoPerps introduced the feature on its perp DEX, but said: "Ondo Perps is the first platform to allow tokenized stocks as collateral."
Based on the timeline, it would be more accurate to say third, not first.
Although if that's the standard we're using, then I guess I'm the first person who ever started writing about perp DEXs.😁
By the way, you can now trade tokenized stocks via @xStocksFi on Nado or use them as collateral for perpetual trading, letting you farm points from both Nado and XStocks at the same time.
Hold xStocks on Nado - earn a 1.25× points multiplier
Trade xStocks - earn up to a 30% points bonus
These bonuses are available for another 89 days.
Nado - https://t.co/Dxuen2bYVP
xStocks - https://t.co/T4Pa5BQBFi