@Derrickwritess
Account based inAfrica!
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coordinated chaotic intoorn | simplifyor - RWAs
Wεβ 3.0
Joined June 2022
- Tweets98.8K
- Following915
- Followers5.4K
- Likes117K
Dεrriςκ retweeted
One year and still going strong 🙌🥹💪
@She_is_Fortune @Derrickwritess 😏
Dεrriςκ retweeted
what if I tell you that your 5x leverage doesn't really mean 5x outcome?
most of the time it's a lot lesser than you realised & here's why:
on Jan 21, a 5x HYPE leveraged token returned +4,048%.
but a matching 5x perp on the same move only returned +807%.
same trade, same direction, same starting leverage but different outcomes.
so what happened?
leverage is just: position size ÷ your equity.
as a perp trade wins, your equity grows, but your position size stays the same.
that means ratio of position size to equity (leverage) becomes smaller.
by the time that trend played out, the 5x leverage perp had actually dropped to around 1.4x leverage.
you were winning, but with way less leverage than you started with.
the leveraged token model doesn't let that happen.
the protocol keeps buying more of the position to bring leverage back up to 5x as you go, instead of leaving it to drift down.
tbh, this works both ways. in a sideways market, that same rebalancing can work against you and cause the token to lag instead.
you can read more on how @BounceTech 's model is more effective here: bounce.tech/blog/leveragedto….
🤝 Paid partnership
Dεrriςκ retweeted
I'm learning video editing directly from @Derrickwritess
He makes really good animated videos, and I really enjoy learning new things from him
Dεrriςκ retweeted
I've been paying attention to @BounceTech & its mechanics lately.
it makes pretty much a lot of sense if you look into it.
it lets you hold leveraged exposure without the constant upkeep.
normally, leverage trading means watching your margin closely > get it wrong, and you get liquidated.
with bounce, you buy a token (with USDC, up to 10x) that already carries that leverage.
no need to watch liquidation price.
the protocol handles keeping your leverage steady behind the scenes.
once bought, it just sits in your wallet like any regular token.
you can hold it, move it, whatever you want.
it's simple:
the same leveraged exposure you're used to as a perp trader with reduced need for constant monitoring.
get started: bounce.tech
🤝 Paid partnership
Dεrriςκ retweeted
I just got a follow from @eeelistar & was so happy.
but now I'm sad, don't ask me why please 🙂
I just got a follow from @eeelistar & was so happy.
but now I'm sad, don't ask me why please 🙂
Dεrriςκ retweeted
most of prediction market products launched this year are so obsessed with US users.
they're all US-first & timed around NFL and NBA season.
products like draftKings, fanduel, fanatics etc.
makes sense for them but doesn't help me in any way since I'm not in US.
even most of the sports I actually care about aren't US originated.
fortunately @magicmarkets fills this particular gap.
soccer's deepest liquidity sits there & it's easily accessible to anyone despite their location.
sign up with my referral link: magicmarkets.com/?p_ref=8dff….
🤝 Paid partnership
most of prediction market products launched this year are so obsessed with US users.
they're all US-first & timed around NFL and NBA season.
products like draftKings, fanduel, fanatics etc.
makes sense for them but doesn't help me in any way since I'm not in US.
even most of the sports I actually care about aren't US originated.
fortunately @magicmarkets fills this particular gap.
soccer's deepest liquidity sits there & it's easily accessible to anyone despite their location.
sign up with my referral link: magicmarkets.com/?p_ref=8dff….
🤝 Paid partnership
Dεrriςκ retweeted
when they wanna remind you how poor you are.
they don't do it directly, they start a trend to cover it.
> if you join, you reveal how poor you are.
> if you don't join, you're still poor anyways.
I'm taking note of the quotes, gonna start wallet analysis with fable 5 soon.
thanks deestar 💜
Dεrriςκ retweeted
saying hi to my new friends in the last 28 days while the old ones are leaving.
would be back soon with my cooks wen I round the task on my neck.
I missed my videos & real world assets contents btw.
talk soon 💜
Dεrriςκ retweeted
so how is @BounceTech leveraged token different from a normal perp?
let’s say you have $100 and you think $ZEC is going up.
you open a 5x long perp.
that means you have roughly $500 worth of ZEC with your $100.
so if ZEC goes up 10%, your position is in $50 profit.
but the important thing is, your 5x leverage doesn’t remain 5x.
with a normal perp, as the value of your position changes, your leverage changes too.
so you can believe that you have exposure to 5X lev but it doesn’t mean you’re still getting the same 5x exposure as the trade goes on.
this is why you have to constantly check your margin and leverage while trading perps.
now how’s bounce different?
Instead of opening a 5x $ZEC long perp, you can just buy a 5x $ZEC leveraged token on bounce.
the token is an ERC-20 on HyperEVM, backed by Hyperliquid perp.
the difference is bounce automatically rebalances your position to keep the leverage around its target.
so you don’t have to check on margin and leverage and you still keep your leverage at same position.
as you can see ZEC leverage token has been out performing the normal perp in the last one month.
PS: there’s also a $20K trading competition currently live, with weekly rewards. You can take advantage of here:
bounce.tech/competition
🤝 Paid partnership
Dεrriςκ retweeted
If you bought the 5X $ZEC leveraged token on @BounceTech one month ago, you’d be up +1,200% today.
compared to normal perps (+546% up)
same leverage exposure, same assets but different way of managing position.
now it doesn’t mean leveraged token will always out perform perps.
in a very volatile market, the token can lose value from high price swings, that’s why I feel it’s +ev buying Levtokens right now cause how how stable the market has been.
also, bounce have a live trading competition going right now.
you can buy a leveraged token, enter the competition, rank up and get paid weekly depending on your volume nd pnl.
Join the competition here:
bounce.tech/competition
🤝 Paid partnership
saying hi to my new friends in the last 28 days while the old ones are leaving.
would be back soon with my cooks wen I round the task on my neck.
I missed my videos & real world assets contents btw.
talk soon 💜
Dεrriςκ retweeted
it takes diligence to be invested in a thing & still figure out the next big thing.
@RobertSagurton says his pivoting in ai coz fogo has all it takes to do that.
I agree that building a fully onchain is a bigger opportunity than fully onchain perp dex.
reason:
> LLMs has been in liable growth arc overtime.
> solana is scaling to effectively support fully onchain LLMs.
according to robert, building a fully onchain perp dex as @fogo has the same requirements as building a fully onchain LLM.
that got me thinking, what the combo of a fully onchain perp dex + LLM look like?
🤝 Paid partnership
it takes diligence to be invested in a thing & still figure out the next big thing.
@RobertSagurton says his pivoting in ai coz fogo has all it takes to do that.
I agree that building a fully onchain is a bigger opportunity than fully onchain perp dex.
reason:
> LLMs has been in liable growth arc overtime.
> solana is scaling to effectively support fully onchain LLMs.
according to robert, building a fully onchain perp dex as @fogo has the same requirements as building a fully onchain LLM.
that got me thinking, what the combo of a fully onchain perp dex + LLM look like?
🤝 Paid partnership
Dεrriςκ retweeted
a lot of stuffs to take care of on a saturday.
let's get to work already.
happy weekend peeps 💜
Dεrriςκ retweeted
$20k+ in prizes for trading leveraged tokens?
yeah, @BounceTech is actually doing this.
Season 1 runs for 4 weeks, split into 7 day rounds. and the interesting part is that you don’t have to be the biggest trader to have a chance.
every week has 4 ways to win:
> PnL: highest absolute profit
> ROI: highest percentage return
> volume: highest notional volume
> profitable finishers: every wallet that ends the round in profit shares the pool
$3,500 goes out every week, then there’s another $6,000 in season prizes after week 4.
getting in is straightforward too.
buy at least $100 of Bounce leveraged tokens once the competition starts and your wallet is automatically enrolled. there no sign up or entry fee.
prizes are paid directly in $USDC within 72 hours after each round.
and somehow, the biggest loser gets a Rekt Gang NFT
begin your journey here
bounce.tech/competition
🤝 Paid partnership
Dεrriςκ retweeted
let’s say you put $100 into a 10x leveraged token and the underlying asset makes a strong move in your direction
that $100 is giving you amplified exposure to the move without you having to manage a margin position yourself
that’s one thing i find interesting about leveraged tokens
you’re not dealing with the usual perp setup of liquidation levels and funding rates, and the token handles the leveraged exposure for you
but don’t let the 10x part make you too excited 😂
the same amplification works when the market moves against you
a small move can have a much bigger impact on your position
so the real question isn’t only, how much can i make?
you also need to ask what happens if the market moves the other way.
@BounceTech
🤝 Paid partnership
