Turboos launches leveraged trading pool powered by Deepbook and Abyss

avatar
ODAILY
01-30
This article is machine translated
Show original

Odaily Odaily reports that Turboos has officially launched a leveraged trading pool powered by DeepBook and Abyss. Users can deposit assets into DeepBook's lending pool to earn sustainable real yield. Currently, USDC deposits offer an annualized yield of over 20% and also earn airdrop rewards.

This initiative opens four single-asset lending pools: SUI, USDC, DEEP, and WALRUS, which can be participated in without trading. The official statement indicates that revenue primarily comes from three sources: interest paid by margin traders, a share of the proceeds from leveraged position liquidation, and ecosystem incentive subsidies.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments