Sanaz Rostami
@sanazrostami
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What is Degen Protocol?
Letβs start from the beginning. Degen protocol is a decentralized protocol that brings margin trading to DeFi. The protocol is highly customizable, allowing traders to choose anything, from leverages to pairs, liquidity pools, and more. As of mid-March 2021, the protocol is present on both, Ethereum blockchain and Binance Smart Chain.
The way it works is quite interesting also, as it offers four roles that the protocol users can fill in. Users can be either pool creators, lenders, stakers, or traders. 1 reply
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