TRADING SEASCAPE NETWORK AND WOWSWAP PARTNERS TO PROVIDE LEVERAGE
WOWSwap is a protocol that lets anyone utilize the benefits of leveraged trading in a community-run decentralized exchange.
Wowswap allows you to earn additional income, it's protocol lets anyone become a margin caller by running a liquidation software provided by WOWswap. In case of a successful liquidation, a margin caller receives a liquidation reward currently set at 5% of the total position size.
Not so long ago, leverage trading was an exclusive domain of highly trained investment professionals. Crypto has changed this forever - now all major cryptocurrency exchanges offer margin trading accounts to everyone. However, they centrally control leveraged trading rules, deciding on assets, available for leveraged trading, capital lending rates, and liquidation procedures.
In decentralized finance (DeFi) leveraged trading also should be decentralized: the community needs to be able to create and operate common liquidity pools and decide on leverage trading.
In WOWswap, all critical protocol parameters such as tokens approved for leveraged trading, liquidation margins, insurance fees, liquidation rewards, lending rates, fees for traders, and liquidity providers are collectively decided by holders of WOW token - the protocol's governance token.
Seascape Network, a new platform built around the NFT and DeFi economies announced a new partnership with WOWSwap.
This event has high-value potential for its supporters and is creating great excitement among crypto enthusiasts.
WOWswap uses smart contracts provided by individual liquidity providers to operate common liquidity pools, with traders using these funds to finance their leveraged trades on decentralized AMMs such as Uniswap and Pancakeswap.
WOWSwap will provide leverage trading of pCWS through BNB and BUSD pools. Users can now trade CWS with up to 5x leverage. Traders take loans from the liquidity pool on an Hourly Interest Rate.
Unlocking the power of leverage trading offers countless opportunities to early adopters of the Crowns token and with WOWswap offering the first truly decentralized way of trading, you're most certain Seascape Network is entering into a new era.
STEPS ON HOW TO PARTICIPATE IN THE LEVERAGED TRADING
- Connect wallet: connect your metamask wallet @ https://wowswap.io/swap
2. Choose a coin you would like to swap for pCWS.
Note: if you want a good leveraging action, please select BNB or BUSD
a. Select LEVERAGE: select your leveraging amount up to 5x
b. Select Swap: hit swap and get your hands on some sweet proxy tokens which can be exchanged for proper earnings.
About Seascape Network
Seascape Network is an incentivized ecosystem consisting of gamers, developers, and influencers. By gamifying decentralized finance and removing complex barriers, the Seascape Network allows users to seamlessly enter the world of blockchain games and decentralized finance — financially incentivizing both playtime and game development.
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