most perps on Canton use stablecoins as margin: USDT, USDC, USDCx.
So the usual flow was: $CC → USDCx → then open perp.
guess what?
@Canborsa_DEX just skipped that middle step.
$𝗖𝗖 𝗰𝗮𝗻 𝗻𝗼𝘄 𝘀𝗶𝘁 𝗮𝘀 𝗰𝗼𝗹𝗹𝗮𝘁𝗲𝗿𝗮𝗹 𝗼𝗻 𝗖𝗖/𝗨𝗦𝗗𝗖𝘅, 𝘂𝗽 𝘁𝗼 𝟱𝘅, 𝘄𝗶𝘁𝗵𝗼𝘂𝘁 𝘀𝘄𝗮𝗽𝗽𝗶𝗻𝗴 𝗳𝗶𝗿𝘀𝘁.
no need to swap your $CC into USDCx first.
𝘵𝘩𝘦𝘳𝘦’𝘴 𝘴𝘰𝘮𝘦𝘵𝘩𝘪𝘯𝘨 𝘮𝘰𝘳𝘦 𝘪𝘯𝘵𝘦𝘳𝘦𝘴𝘵𝘪𝘯𝘨..
> 𝗛𝗼𝗹𝗱𝗲𝗿𝘀 𝗸𝗲𝗲𝗽 𝘁𝗵𝗲𝗶𝗿 $𝗖𝗖 𝗲𝘅𝗽𝗼𝘀𝘂𝗿𝗲 𝘄𝗵𝗶𝗹𝗲 𝘁𝗿𝗮𝗱𝗶𝗻𝗴:
confused what this means?
as the coin stays in the account as collateral, you still have $CC exposure while the perp is open which makes two separate things are happening at once:
- 𝙔𝙤𝙪 𝙨𝙩𝙞𝙡𝙡 𝙝𝙤𝙡𝙙 $𝘾𝘾 𝙖𝙨 𝙢𝙖𝙧𝙜𝙞𝙣.
- 𝙔𝙤𝙪 𝙖𝙡𝙨𝙤 𝙝𝙖𝙫𝙚 𝙖 𝙡𝙚𝙫𝙚𝙧𝙖𝙜𝙚𝙙 𝙗𝙚𝙩 𝙤𝙣 𝘾𝘾/𝙐𝙎𝘿𝘾𝙭.
> new to @Canborsa_DEX and there’s currently another reason to check it out:
🎁 𝟱𝟬𝟬𝟬 $𝗖𝗖. 𝗧𝗼𝗽 𝟭𝟬 𝘁𝗿𝗮𝗱𝗲𝗿𝘀. 𝟮 𝘄𝗲𝗲𝗸𝘀
Requirement:
- join Canborsa: https://app.canborsa.com/trade/cc/usdcx?collateral=cc
- deposit $CC
- trade perps using CC as collateral
- generate trading volume + trade count
𝘩𝘰𝘭𝘥 $𝘊𝘊 → 𝘶𝘴𝘦 𝘢𝘴 𝘤𝘰𝘭𝘭𝘢𝘵𝘦𝘳𝘢𝘭 → 𝘵𝘳𝘢𝘥𝘦 → earn points
