"@defidotapp" has adjusted the PERP fee from 0.01% to 0.025%, but that's not a bad thing. Because the handling fee is directly converted into protocol income, and 80% of the revenue is used to buy back $HOME. Simply put, the more transactions and the more buybacks, the faster the airdrop will be released. The repo efficiency is now 2.5 times higher than before, and 150% of $HOME inflation is offset by buybacks, a fully deflationary model. And the 0.025% handling fee is still the lowest in the entire Hyperliquid ecosystem. It is much lower than Phantom, Dreamcash, and MASS. ⚠️ Converting XP can also unlock Bonus $HOME, speeding up the progress of getting the S2 airdrop. There are actually three steps on how to use perp trading in DeFi apps: ➬ Transfer funds to a special PERP account first, so that other money will not be implicated and liquidated; ➬ Then you can open long/short, you can add leverage if you want; ➬ During the trading process, you can view positions, adjust...
Show original
3.34K
51
The content on this page is provided by third parties. Unless otherwise stated, OKX TR is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX TR. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX TR is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.