Leveraged Piles

Leveraged piles are slightly different than the standard piles for a few reasons, the main distinction being that standard piles can't be used to open leverage positions, but 1x (unleveraged) positions can also be opened with leverage pileTokens.

The leveraged piles will be:

• USDB-10x Pile, wFTM-10x Pile (1x - 10x Leverage)

• USDB-25x Pile, wFTM-25x Pile (1x - 25x Leverage)

• USDB-50x Pile, wFTM-50x Pile (1x - 50x Leverage)

• USDB-100x Pile, wFTM-100x Pile (1x - 100x Leverage)

• USDB-200x Pile, wFTM-200x Pile (1x - 200x Leverage)

Here's an example: Let's say that you want to open a 30x leverage position on BTC. To do this, you'll need to get some pileUSDB-50, which means that you can open a position ranging from 1x up to 50x. You'll deposit USDB into the USDB-50x Pile and receive pileUSDB-50 in return. Then you're ready to open positions on the USDB-50x Pile.