Fulcrom Finance Overview
- What is Fulcrom Finance?
Fulcrom Finance is a decentralized trading platform focused on perpetual contracts, operating on the Cronos and zkSync Era blockchain. It allows users to to speculate on price movements with leverage, potentially amplifying both gains and losses. Fulcrom allows users to trade with up to 100x leverage, aiming to provide a secure and efficient trading environment. The platform also offers opportunities for earning through staking and vesting, with an emphasis on utility and governance through its FUL and FLP tokens.
- Main Features
- Up to 100x leverageDecentralized and non-custodialRevenue sharingFaster and cheaper transactionsVesting and staking
- Blockchains
- ZkSync Era
Frequently asked questions
Perpetual swaps are derivative contracts that track the price of an underlying asset (like Bitcoin or Ethereum) without an expiry date. Unlike traditional futures contracts, perpetual swaps don't require settlement at a specific date. On Fulcrom Finance, users can enter into perpetual swap contracts to speculate on the price movements of these assets. They can choose to go "long" (betting the price will go up) or "short" (betting the price will go down). Leverage allows them to control a larger position than their initial investment, potentially amplifying profits or losses.
Transaction fees vary depending on the blockchain utilized. To see the current fee structure, please refer here.
Fulcrom is dedicated to ensuring $FUL and FLP token holders benefit from the protocol's revenue. The distribution of collected fees is as follows: 20% goes to $FUL stakers in the Staking Pool, another 20% is allocated to the Fulcrom Treasury, and the remaining 60% is distributed to $FLP holders in the Fulcrom Liquidity Pool.
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