Risedle

Decentralized Leveraged Token Market Protocol

Details

Risedle is a protocol for tokenizing leveraged positions. It aims to simplify the process of opening, managing, and closing leveraged positions, and to protect users from liquidation. By allowing users to mint leveraged tokens, Risedle helps them to benefit from leveraged gains simply by holding a token, and eliminates the complexities of managing a traditional leveraged position, as users are not required to maintain margin or their position health ratio.

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