Takepile Protocol
  • πŸ”Overview
  • πŸ—ΊοΈRoadmap
  • ⭐Getting Started
    • Connect to the Fantom Network
      • Set up MetaMask
      • Bridge to Fantom
    • Get Started with the Takepile Protocol
      • Using Piles & pileTokens
      • Trading on Takepile
        • Limit Orders
          • Stop-Losses & Take Profits
          • Limit Order Bot Operating
        • Trading with Leverage
          • Leveraged Piles
  • πŸ”¬Protocol
    • Piles
    • Index Pricing & Oracles
    • Staking
      • TAKE Staking (Fee Share)
      • pileToken Single Staking
      • TAKE/DAI LP Vaults
    • Markets
    • NFTs
      • Liquidation Bots
  • πŸͺ™Tokenomics
    • The TAKE Token
    • pileTokens
      • pileUSDB
        • Leveraged Piles
  • πŸ“‘Docs & Links
    • Audits
    • Risks
    • FAQ
    • Bug Bounty
    • Links
    • Multisig Information
    • πŸ“žContact Us
      • Socials
      • Media Assets
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  1. Tokenomics
  2. pileTokens

pileUSDB

At launch, pileUSDB will be the token that traders can use to open positions. pileUSDB is minted and burned upon deposit and withdrawal of USDB into the USDB Pile. pileUSDB is also minted and burned upon the closing of positions on Takepile. The gain or loss of a trade is minted in pileUSDB and then deposited into a user's wallet. This gain or loss is also reflected in the pile itself, affecting the conversion rate of pileUSDB to USDB.

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Last updated 2 years ago

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