FAQ
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Last updated
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A: SakePerp.fi is running on BSC mainnet. All margin is posted in BUSD in your wallet.
A: There is a 5-minute interval to avoid front-running.
A: The unrealized profit will be counted in the net position which means less leverage.
A: Users can set the take profit and stop loss alert on SakePerp.fi. Since SakePerp is powered by vAMM+Oracle price discovery mechanism, the order book is not supported.
A: If your margin rate is below the initial margin rate, you can’t remove margin anymore. The initial margin rate is 10% for a 10x trading pair.
A: Refer to the .
A: The liquidity providers are called Market Makers (MMs) in the SakePerp system.
Earn 50% transaction fees of SakePerp
System funding fees
Farm extra SAKE with the MM pool LP tokens
A: The max loss of the whole pool is 20%. Since each MM joined the pool at different times, MMs’ max loss can be different.
A:
The Total Value of the LP pool consists of the liquidity added by the user + a share of the handling fee + a share of the funding fee (which may be negative) + a share of the overnight fee.
A: The max loss of the MM pool is 20%. The max loss for each MM may be different, because every MM has a different entry point.