Gate.io Has Added Cyclos(CYS) Margin Trading&Lending
Gate.io has added Cyclos(CYS) margin trading (CYS/USDT), allowing up to 3X leverage.
At the same time, margin lendin g and borrowing of the coin are available. You can lend your CYS to earn passive income (3.65%-365% APR).
Margin trading allow long and short positions and can facilitate price discovery as well as forming a more stable market. As a trader, you can borrow CYS to short it or borrow USDT to long it. For holders, you can lend your CYS to margin traders to earn interest on your holdings.
The Gate.io lending market is a peer to peer market where all the loans and borrowings are made between users. Gate.io does not participate in lending or borrowing.
Trade CYS at https://www.gate.io/margin_trade/CYS_USDT
Borrow CYS at https://www.gate.io/margin/borrow/CYS_USDT
Lend CYS at https://www.gate.io/margin/lend/CYS
Deposit CYS at https://www.gate.io/myaccount/deposit/CYS
Cyclos is a concentrated liquidity market maker protocol that aims to be the go-to liquidity provider for digital asset trading on Solana. Cyclos leverages the exponentially greater efficiency of Uniswap V3-style concentrated liquidity and combines it with the flexibility of Serum’s order books to radically transform the market making landscape of DeFi.
Gate.io is a Cryptocurrency Trading Platform Since 2013
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Sep 15, 2021
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