Leveraged Piles

Leveraged piles determine the maximum leverage available for a trade. If you deposited USDB into the USDB-100x Pile, you'd receive pileUSDB-100 and be able to use said pileUSDB-100 to trade any available market from 1x leverage up to 100x leverage. Leveraged piles are pivotal in the gamification of trading on Takepile; traders that prefer not to use leverage can directly compete with leverage traders by using leveraged pileTokens to open 1x positions, which may introduce some interesting strategies to say the least.

The piles and corresponding pileTokens that Takepile will release during the launch phase are:

• USDB Pile, wFTM Pile (1x Leverage) [Launch piles]

• USDB-10x Pile, wFTM-10x Pile (1x - 10x Leverage) [Launch piles]

• USDB-25x Pile, wFTM-25x Pile (1x - 25x Leverage) [Launch piles]

• 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)