Curve DAO Bear 1X

CRVBEAR1X inverses Curve DAO price change by one time. If Curve DAO drops 5% in price, CRVBEAR1X goes up 5% in price.

How it works

The token does not liquidate and maintains constant leverage to achieve higher growth potential than a regular 1x short.

Actual leverage is monitored within target range

If leverage goes outside of the target range, it's rebalanced to enter the edge of the target range again

Because of the constant re-leveraging, when price of the underlying keeps moving in one direction this token moves exponentially