Hi Burrow, we thank you for your continued support of Madmex on Cronos, and will be making a key adjustment to the platform.
03 Feb 2023, 03:49
š„ Hi Burrow, we thank you for your continued support of Madmex on Cronos, and will be making a key adjustment to the platform. Due to the huge trading volume for CRO on our platform, some traders were unable to close their position (due to slightly less than ideal CRO liquidity). This also goes to show the huge demand for CRO margin trading on Cronos!
āØ To reduce the inconvenience to CRO leveraged traders, while at the same time boosting rewards for MLP holders, we are increasing margin trading fees for all CRO based trade to 0.25% instead of 0.1%.
š This will reduce scalp based trading, and more for swing position holders, which will heavily benefit both traders of Madmex, and MLP holders. At the same time, we will also increase the max position size that you can trade against CRO even after this change. This means that users will more easily be able to open/close their positions. MLP holders are also protected due to higher trading fees that will result in higher APR.
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03 Feb 2023, 03:49
š„ Hi Burrow, we thank you for your continued support of Madmex on Cronos, and will be making a key adjustment to the platform. Due to the huge trading volume for CRO on our platform, some traders were unable to close their position (due to slightly less than ideal CRO liquidity). This also goes to show the huge demand for CRO margin trading on Cronos!
āØ To reduce the inconvenience to CRO leveraged traders, while at the same time boosting rewards for MLP holders, we are increasing margin trading fees for all CRO based trade to 0.25% instead of 0.1%.
š This will reduce scalp based trading, and more for swing position holders, which will heavily benefit both traders of Madmex, and MLP holders. At the same time, we will also increase the max position size that you can trade against CRO even after this change. This means that users will more easily be able to open/close their positions. MLP holders are also protected due to higher trading fees that will result in higher APR.
Like, Comment & RT here
Hi Burrow, we thank you for your continued support of Madmex on Cronos, and will be making a key adjustment to the platform.
š„ Hi Burrow, we thank you for your continued support of Madmex on Cronos, and will be making a key adjustment to the platform. Due to the huge trading volume for CRO on our platform, some traders were unable to close their position (due to slightly less than ideal CRO liquidity). This also goes to show the huge demand for CRO margin trading on Cronos!
āØ To reduce the inconvenience to CRO leveraged traders, while at the same time boosting rewards for MLP holders, we are increasing margin trading fees for all CRO based trade to 0.25% instead of 0.1%.
š This will reduce scalp based trading, and more for swing position holders, which will heavily benefit both traders of Madmex, and MLP holders. At the same time, we will also increase the max position size that you can trade against CRO even after this change. This means that users will more easily be able to open/close their positions. MLP holders are also protected due to higher trading fees that will result in higher APR.
Like, Comment & RT here