Ever since the Summer of 2020 or “DeFi Summer” as it is known within the cryptosphere, Decentralized Finance has been making huge moves on improving the capabilities of what can be accomplished on-chain from users in the space. A massive leap forward was when GMX demonstrated the ability to trade spot and perpetual derivatives by only connecting your wallet. Lif3 Trade has built off this demonstration by building a spot and perpetual exchange on the Fantom Blockchain. Now we aim to bring our successful exchange to BNB Chain.
Lif3 Trade is Now Live on BNB Chain:
Lif3 Trade is NOW LIVE on BNB Chain. From the same team that brought you Lif3 Trade on Fantom Opera, we now bring you the opportunity to trade spot and perpetual futures on select tokens while earning $BNB from trading fees. The marriage of Lif3 Trade on the BNB Chain further demonstrates the evolution of Lif3 expanding its reach. The Lif3 ecosystem itself already resides on Fantoms’ only Layer 2 optimistic rollup, Fantom Opera, Polygon, and BNB Chain. This addition to the Lif3 ecosystem will help gain exposure for Lif3 and provide the best trading value for all its users.
Staking $LIF3:
Trading is not for everyone, and there is nothing wrong with that. Lif3 Trade gives everyone the opportunity to use $LIF3 and earn yield without ever trading. Staking $LIF3 on Lif3 Trade BNB couldn’t be easier. Follow the link to the “Earn” tab and click the button that says “Stake.” If you do not already have $LIF3 that you have earned elsewhere in the ecosystem, you can always purchase $LIF3 by swapping the tokens you already have. Simply click on the “Buy LIF3” button to get directed to our Lif3 Swap on Lif3.com. Our Swap supports Tomb Chain, Fantom, Polygon, and BNB Chain.
Swapping Tokens for $LLP:
Rest assured, if you already have $BNB, $BTC, $ETH, $BUSD or $USDT, you can deposit any of those tokens right now to get a piece of the $LLP action. $LLP will be automatically staked once minted, and minting takes place during the swapping process. Our LLP is comprised of the Top-3 Cryptocurrencies by Market cap ($BTC, $ETH, and $BNB) and two stablecoins ($BUSD and $USDT). Our LLP represents those five tokens as an index. Each token is given a corresponding weight based on how much of the LLP pool it represents. These weights can be seen in the “Dashboard” on Lif3 Trade BNB.
Earning $BNB and $LIF3:
Another feature that we only touched on earlier is EARNING REAL YIELD. Lif3 Trade offers all users the ability to earn Real Yield as a portion of all trading fees make their way back to those who stake $LIF3 and those who provide liquidity by minting $LLP. Lif3 Trade also offers Multiplier Points and Escrowed $LIF3 to further increase your earnings. The breakdown is as follows:
Stake $LIF3 to earn $BNB, $esLIF3 and Multiplier Points
Stake $LLP to earn $BNB, $esLIF3
Stake $esLIF3 to earn $BNB, $esLIF3 and Multiplier Points
Vest $esLIF3 to earn $LIF3
Compound Multiplier Points to boost your $BNB APRs
Lif3 Trade Leaderboard:
Don’t know where you fit amongst the Top Traders on Lif3 Trade? Worry not, we’ve got you covered with the Lif3 Trade Leaderboard. Debuting first on Lif3 Trade BNB, the Leaderboard will give you all the eye candy every trader needs in a convenient, clean, and easy-to-use format. The Leaderboard will default to Wallet Address and have primary sorting filters such as Trading Volume and PnL. Other metrics of data include a wallet’s Average Leverage, Wins, and Losses. The Leaderboard will support timeframes for viewing these metrics in four different ways: 24 Hours, 7 Days, 1 Month and All Time. Users can also switch between Traders and Positions when viewing the Leaderboard.
Referrals:
Everyone knows that trading is a lonely business, but it doesn’t have to be. With the advances in technology and social media, it’s easier than ever to have friends in all parts of the world. Those you bring to Lif3 Trade can use your special code and that code is your Referral Code. Under the “Referrals” tab on Lif3.trade, you’ll see “Traders” and “Affiliates.” The affiliates section allows you to create codes for your friends that will include a 5% rebate. Share the love of Lif3 Trade with your friends and family, and never trade alone again.
