To Open Long Position
Last updated
Was this helpful?
Last updated
Was this helpful?
You can farm Token / Coin -Stablecoin pair (for borrowing USDC, fUSDT, DAI) to open LONG position with more than 2x leverage in a minimum borrowed amount of $100.
โ๏ธClicking on Farm page and choose the pool you would like to farm
โ๏ธTo open Long position, you can borrow Stablecoin with leverage from more than x2 to x3 leverage by putting both amounts of Token - Stablecoin pair or you can only add Stablecoin amount on one side and the protocol will calculate the amount of both assets in the equal proportion [50:50 ratio]
For WFTM pairs, You can put either FTM or WFTM. If you put FTM , we will convert it to WFTM for you.
โ๏ธClicking 'Farm' and confirm your transaction
โ๏ธYour opened position will be then shown on 'My position' part
You will receive $MEOW reward from opening leveraged position (farm) on Stake-Borrower page