Coinholder
@coinholder
RateX RateX is a decentralized exchange (DEX) built on the Solana blockchain, specializing in leveraged yield trading. It enables users to trade synthetic Yield Tokens (YT) of various yield-bearing assets (YBA) with leverage, allowing them to capitalize on yield movements in a capital-efficient manner.
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Coinholder
@coinholder
Yield Liquidity Mining The platform's liquidity provision mechanism enables users to deposit YBAs, generating YTs and Standard Tokens (ST) for trading using an Automated Market Maker (AMM) similar to Uniswap V3. Liquidity providers (LPs) earn yield from three main sources: - The yield generated from their deposited assets - Rebates on trading fees - Profit and loss from acting as counterparties, primarily from price differences when YTs are traded and future yield flows received from holding YTs
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