Swap Man: What’s in Store for 2018 (Leverj Roadmap)futures-trading ethereum erc20 decentralization cfd
Since the TGE, the development team has grown in numbers and in strenghts. In various meetings we have been sketching out the product timeline and assessing the feasibility.
Over the coming twelve months, as we are going through each platform release phase. We will provide regular updates and progress on features.
The platform will release in three main phases:
Phase 1: Basic Trustless ERC20/ETH Spot Functionality
The core of the Leverj ecosystem relies on the staking (app live here) of LEV to receive newly generated FEE. The demand for the FEE comes from the platform being connected to the FEE/ETH orderbook to use ETH balances to purchase discounted FEE automatically.
Once the platform is generating volume, it will produce FEE to disburse to LEV stakers. Those users executing trades will be glad to buy FEE for cheaper trading.
For these reasons, basic ERC20/ETH pair spot functionality is going to be implemented in the first phase. We will list LEV and FEE orderbooks, and will list 2 to 3 high liquid, high quality ERC20 tokens (to be announced at a later date).
This phase will require smart contract coding, UI development, and refactoring the matching code on Coinpit to fit a spot context.
The current range for this is April to May of this year.
Phase 2: High Leverage Futures
Leverj is all about leverage. And leverage is best when trading derivatives contracts. As Ether becomes more and more prominent in traders’ portfolios, and institutions are getting bigger in the market, the demand for hedging instruments like ETH/USD inverse futures will thrive.
ETH/USD Inverse Futures
Using Ether for collateral in ETH/USD positions allows one to take long or short positions. Any Ether holder that wants to hedge the USD fiat value simply needs to short Leverj’s ETH/USD contracts.
Others who support the Ethereum ecosystem tend to hold a portfolio of ERC20 tokens. Currently it is mainly just a spot buy/sell only market. But ERC20 futures will let traders take short positions to profit off price decreases.
Whether you are bullish or bearish, futures on Leverj will be an attractive market place for traders large and small to manage their risk.
This phase will require smart contract coding, adjustments to Coinpit margin system to incorporate trustless custody on Ethereum, and enhancements to UI.
The current range for this is August to October of this year.
Phase 3: Using ETH to trade Oil, Gold CFDs
Finally, once the risk management tools for hedging fiat and ERC20 are running smoothly, Leverj will make its first move in the legacy markets.
True portfolio diversification does not just mean diversifying across crypto and fiat, but also across different asset classes. Money is just a means to acquire commodities and services, thus being able to take positions in markets like Oil and Gold are critical.
This phase will require incorporating new index methodology for legacy market data feeds and UI adjustments.
The current range for this is early 2019.
We will keep the community updated with progress in all areas of development.
Follow our github for code updates (keep in mind we have private repos we work on too…), YouTube for demos and explainers, as well as our blog to keep up to date.
Want to learn more?
- Check out the website
- Read our white paper
- Study our protocol
- Follow us on Twitter
- Join our Telegram group
Original article was created by: Swap Man at blog.leverj.ioDisclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency or ICO.
Interested in Cryptocurrencies and ICO's?
Follow our telegram channel for daily cryptomarket reports!Join @cointrends
|3 hours ago||ethereum|
|3 hours ago||ethereum|
|2 days ago||decentralization|
|2 days ago||decentralization|
|2 days ago||erc20|
|1 week ago||erc20|
|2 weeks ago||futures-trading|
|2 months ago||futures-trading|
|3 months ago||cfd|
|4 months ago||cfd|
Stay on top of Altcoins and ICO trends.
Subscribe to our free Weekly Cryptomarket report
Delivered once a week, strongly to your inbox.Subscribe to our mailing list
August 06, 2018
The Trading Psychology SeriesDisclaimer:This information is meant for educational purposes only, and should not be taken as investment advice.Success in a trade simply comes down to profitability. Of course, I’m sure that’s rather obvious. But a profitable trader is not born from one...From: Alexandra Ward
July 24, 2018
Live with LEVERJ #8 (2018–07–21)In this past Saturday’s Product Update Webinar, Product Lead Swapman and CTO Nirmal Gupta joined our host Gerry Howatt to discuss the LEVERJ Beta Program, the Staking Contract and Gluon Plasma. The team also introduced the latest addition to the Leverj...From: Alexandra Ward
July 03, 2018
And How These Derivatives Lead to More Efficient MarketsDisclaimer:This information is meant for educational purposes only, and should not be taken as investment advice.Lately, I’ve been hearing a lot of confusion surrounding the role of market participants in this near 6-month downturn in...From: Alexandra Ward
May 31, 2018
Leverj Beta Program Launches on TestnetBreaking the DilemmaFor years crypto traders had to choose between a high-speed centralized trading experience that came with the constant anxiety of hacks versus trustless, non-custodial trading that is slow, cumbersome and prohibitively expensive due to...From: Alexandra Ward
May 27, 2018
The following post is based on a talk given by Bharath Rao at bitcoinconf.eu at Prague, May 2016This post was originally published on July 8, 2016 on coinpit.io.The stated purpose of Anti-Money-Laundering laws are to reduce the ability of criminals to mask the source of their...From: Bharath Rao
May 05, 2018
Later this month, trading will begin on the Leverj platform. This will lead to fees being sent to the Staking Contract that creates and distributes FEE tokens to LEV holders who stake in the same time period. The contract process is complex but the user experience should be seamless. It is...From: Swap Man