3 PRODUCTS AND 3 SETS OF CUSTOMERS THAT MAKE UP THE LS TRADE ECOSYSTEM
LS TRADE is a decentralized Futures Battle (Predict Price Move) trading platform that allows investors to make profit by simply predicting the future movement of asset prices in a simple, transparent and decentralized manner. However, the ambition and vision of the platform do not stop there: right from the time of launch, LS TRADE has created three features towards three different sets of users but have complementary values for each other, creating a sustainable financial flow throughout the LS TRADE ecosystem.
The features Long Short X, LS Coin and Burn to Earn are three basic products aimed at 3 basic sets of users, harmonizing and promoting the value of the LS TRADE ecosystem.
LONG SHORT X
LS TRADE is a decentralized Futures Battle (Predict Price Move) trading platform aimed at Traders, allowing investors to predict the direction of Bitcoin market price movement on LS TRADE to generate flexible & fast profits.
Long Short X derives price data from Chainlink's Oracle and manages session data storage on smart contracts, creating an attractive and transparent financial playing field.
Long Short X is a trading platform that is easy to use for all traders whether they are experienced or new, which welcomes and offers a fair chance for all traders to join the platform.
LS Coin (LSC)
LS Coin (LSC) - the value center of the ecosystem, aiming towards users who are miners seeking income through mining and collecting Coins/Tokens.
There is a total supply of 100 million tokens, 98% of which will be mined through trading on Long Short X. For each trading session, a specific number of LS Coins will be printed - and the amount mined LS Coins will always be within the total supply of 100 million, and will never exceed this number.
LS Coins will be printed in each trading session and divided equally among the wallets participating in the session (receive upon participation).
Each mining cycle lasts 400 days, and after each cycle, the number of LS Coins mined will decrease by 35%, meaning that the mining reward will decrease over time. In the first cycle, each trading session will print out 120 LSC, divided equally between 2 sides Long and Short (60 LSC each).
Miners play the role of helping to balance the liquidity for trading sessions on Long Short X and receive LS Coins as a reward from that.
BURN TO EARN
Burn To Earn is a feature aimed at long-term investors (holders) who understand the potential value of LS Coin in the future and seek profits from long-term buying and holding. The Burn To Earn feature will reduce the total supply, increasing the value of LS Coin in the long run.
LS Coins (LSC) can be burned by investors through the Burn to Earn feature.
Through this mechanism, investors can burn their LS Coins (LSC) for a reward equivalent to 125% of the burned LS Coins in return. This reward will be paid to the user every day, and continuously for 365 days.
Furthermore, in the future many other features on LS Trade will be integrated and developed from many available partner sources. These features will increase the use and demand for holdings of LS Coins (LSC), and attract money to flow into the LS TRADE ecosystem.
With three pillar products, the value in the LS TRADE ecosystem is circulated in a harmonious flow, equally divided among all three target sets of customers, while promoting the ecosystem to grow sustainably and healthily.
Follow the website and official communication channels of LS TRADE to get the latest information about the platform as well as attractive promotions.
Published on March 28, 2023
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