BTCBULL4X amplifies Bitcoin price change by four times. If Bitcoin climbs 5% in price, BTCBULL4X goes up 20% in price. The token does not liquidate, and maintains constant leverage to achieve higher growth potential than a regular 4x long.
Because of the constant re-leverage, when price keeps moving in one direction, it acts like a power perpetual
Deposits are added to Synthetix perps at the target leverage
Actual leverage is monitored within the target range
If leverage goes outside the target range, it’s rebalanced back to the target leverage
Because of the constant re-leverage, when price keeps moving in one direction, it acts like a power perpetual
Deposits are added to Synthetix perps at the target leverage
Actual leverage is monitored within the target range
If leverage goes outside the target range, it’s rebalanced back to the target leverage
Because of the constant re-leverage, when price keeps moving in one direction, it acts like a power perpetual