Cryptoversidad (cryptoversidad)
Our mission: Accelerate the adoption of web3. We explain cryptocurrencies and blockchain. Understand cryptocurrencies, improve your life and finances🚀
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Perps on @optimism with @contango Read this thread to speed run how it works and how to use Contango👇🏻
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Contango is a DeFi app where you can buy and sell perps. Contango uses other DeFi apps to make all trades, so it doesn’t have an order book, nor liquidity pools, which means there’s no liquidity held on the protocol.
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Contango's best features are: 1. Deep liquidity 2. Multichain 3. 2-3x cheaper and less volatile than Binance and dYdX 4. You keep all rewards accrued on the underlying money markets
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Watch this tutorial on how to open a trade on Contango 👇🏻👇🏻 https://youtu.be/f03gqTbgDNY
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