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THE:Margin Trading & Funding Enabled For 0x (ZRX)_TraDAO

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时间:

0x(ZRX)isnowavailableforlendingandmargintrading.Thismarksaturningpoint,afterseveralmonthswithoutmakinganynewtokensavailableforleveragedtrading,despiteoverwhelmingnumbersofrequestsfromcustomers.Webelievethatallowingtraderstotakelongorshortpositionsontokenstheybelievetobeundervaluedorovervaluedishealthyforpricediscovery,andtheoverallmarket.WehopetoaddmargintradingonawidernumberofERC20tradingpairsofthecourseofthenextyear.

Ourpreviousdecisiontoslowdowntheadditionofmargintradingonnewtokenspairswastakeninordertoprotectusers,sincemanytradingpairs,particularlythesmallerERC20tokensbymarketcapitalisationandvolume,wereobservedasmorevulnerabletolargepriceswings.

RiskAnalysisCriteria

Wehavenowcompleteddevelopmentonasetofnewriskandanalysistoolswhichallowustoevaluatehealthymarkets.Wewillcontinuetobuildontheseasweaddnewmarginmarkets.ZRXisthefirsttokentogothroughouranalysisandmeetallofourcriteria.Someofthemanyhigh-levelfactorsincludedinthisdecisionprocessinclude:

ZRX/USDandZRX/ETHtradingpairsonourplatformhavebeenconsistentlyhealthy(bothinusernumbersandvolume)sincetheywerefirstadded,ZRXistradedonmanyexchanges,bothcentralisedanddecentralised,ZRXhasoneofthemorewidelydistributedERC20tokenholderbases.

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