SPIN ( SPFI)

SPIN ( SPFI)

DEX

Spin is a multichain DEX that makes decentralized crypto futures and options trading more efficient by providing traders with advanced risk management and strategy-building tools as well as a superior Central Limit Order Book order execution model

Start:

Dec 12, 2023 00:00:00

End:

Dec 30, 2023 00:00:00

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ICO Details

ICO Details
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SPIN ( SPFI) Token Sale Details
Ticker Symbol:

SPFI

Blockchain Network:

Solana

Token Type:

SPL

Category:

DEX

Rating:

Token Metrics & Distribution
Token Sale Price
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About SPIN ( SPFI)

What Is Spin?

Spin is a multichain DEX that makes decentralized crypto futures and options trading more efficient by providing traders with advanced risk management and strategy-building tools as well as a superior Central Limit Order Book order execution model.

Spin Unique Features

Central Limit Order Book model

Spin uses a single asset pool, the liquidity of which is sent for market making to the order book.

Portfolio builder

A powerful instrument that helps assessing PnL by simulating your futures and options positions, visualizing profits and losses, and exploring Greeks charts.

Delta hedging tools suite

Spin also allows creating delta neutral trading strategies by utilizing a proprietary delta hedging mechanism & interface.

Singleblock

This tool is designed to build up options and futures strategies with multiple different “legs” to mitigate position risks such as severe price movements by simultaneous bids executed as FOK orders.

Roadmap

roadmap

Spin Token Economy

SPFI token is a Spin native utility token that ensures the sustainable development of the platform and also provides additional incentivization for the community.

SPFI can be used for:

Governance

  • SPFI token stakers can take an active part in the development of the project by voting, as well as making proposals for implementation. Similar to existing projects using this solution, such as MakerDAO, Compound, etc. Governing elements can be voted on: the use of the insurance fund, the distribution of trading commissions, etc.

Utility

  • Users staking SPFI are eligible for participation in native token incentivization programs.
  • Trading fees discount. Users holding or staking SPFI tokens are eligible for trading fees discounts.
  • Special incentives. Dedicated to traders and market makers.
  • Liquidity provision rewards. Each participant can receive SPFI tokens for supplying liquidity to the USDC staking pool.
  • Increasing trading leverage. Users staking SPFI are able to trade with higher leverage.

Synthetic collateral

  • SPFI token holders will be able to use their token balance for trading as collateral. At the beginning of the period, only over-collateralized security will be allowed to guarantee invulnerability to the market manipulations and protection of user funds.

Detailed Token Metrics

TBA

Token Distribution

TBA

Token Release Schedule

TBA

Partners & Advisors

TBA

Team Members

TBA

Investors

 

Investors