Position

What is Position Exchange?

Position Exchange is a new Decentralized Exchange and Trading platform powered by a pip order book fully On-chain and operating on Binance Smart Chain (BSC). It aims to bridge the gap between people and the cryptocurrency markets and enhance trading experiences. In its endeavor to become the decentralized exchange and trading platform of choice, Position Exchange has developed a number of features that cater to all types of users while providing an easy-to-use interface. Making it possible for everyone, no matter their level of knowledge and expertise, to take part in this proliferating and disrupting DeFi industry.

The platform is designed to deliver all the advantages of Decentralized Finance whilst bringing the traditional Centralized Finance experience and tools onboard. Position Exchange offers easy and accessible on-chain derivatives trading with high leverage, low slippage, and low costs on Crypto assets and much more to come.

Position Exchange Features

• DPTP V2: Pioneer in EVM to implement 100% on-blockchain Decentralized Derivatives Protocol with Order book mechanism.
• NFT Market Place: Effortlessly cast NFT with an opportunity for doubling the power to stake. Stake to high APR pool or easily sell and purchase NFTs on our marketplace.
• Position Bonds: Issue bonds on your own to access funding and trade with a secure and transparent platform with the user-protection mechanism.
• Instant Swap: Easy, fast, and secure cryptocurrency exchange at competitive rates, simplifying management for users.
• Stake & Earns: Maximize your profits by staking to one of the platforms with the highest APR pools and farms. You can earn safe and stable yields.
• Referral: Allows the community to grow organically. Users can invite friends to join Position Exchange via a referral link and receive massive rewards for their qualified referrals.
• Liquidity: Experience the power of high-yield liquidity with Concentrated Liquidity - where you can earn up to 80% of trading fees as a provider fee.

Insurance Fund

The insurance fund is a key part of any exchange that allows leveraged trading. It plays a large role in cryptocurrency derivatives exchanges, both centralized and decentralized. The role of the such fund is to insure a smooth trading experience, even when markets are illiquid or experiencing extreme volatility. There are three important figures to keep in mind to understand why leveraged trading requires an insurance fund: The liquidation price, the bankruptcy price, and the closing price. In a healthy market, with many buyers and sellers, and low slippage,

A position will be partially liquidated before it passes its "bankruptcy" price, and the position will be partially sold below its liquidation price, but above its bankruptcy price. (Partial liquidation prevents a user's position from suddenly getting liquidated by selling an amount of the position, after the partial liquidation, the user can decide whether to keep the position or not). The insurance fund receives the difference between the closing price and the bankruptcy price.

POSI Token

The POSI token serves as the native BEP20 token within the Position Exchange ecosystem, playing a pivotal role in empowering its decentralized governance and fostering community engagement. Beyond its utility in providing liquidity and trading incentives, POSI token holders accrue proportional voting rights, enabling them to actively participate in shaping the protocol's future development.

With a deflationary design, the Position Exchange team implements various anti-inflation measures to maintain POSI's stability and incentivize long-term holding, including anti-whale mechanisms, harvest lock-up periods, constant buyback, and burning of tokens, as well as reducing block emission. As a backbone of the ecosystem, POSI ensures network stability, facilitates transactions, and serves as a governance coin, with initiatives like the Futures Trading Revenue Buyback & Burn program benefiting users.

Partners

Position's partners: BSC Scan, CoinGecko, Certik, DappRadar, Trust Wallet, Bitcoin.com, BNB Chain, CoinMarketCap...

Roadmap

Position Exchange's development roadmap is delineated into four distinct phases, each aiming to fortify and expand the platform's capabilities and offerings. In Phase I, the focus lies on launching foundational features and assets, including the introduction of the POSI token, which serves as the governance token and transaction facilitator within the ecosystem. Additionally, Phase I encompasses the launch of farming pools, enabling users to stake POSI tokens and earn rewards, alongside the deployment of a marketplace for non-fungible tokens (NFTs), providing diverse opportunities for token utilization and rewards generation. Moreover, the successful listing of POSI tokens on reputable exchanges enhances accessibility and liquidity.

Phase II delves into further development and testing, culminating in the implementation of futures trading on the BNB Chain mainnet and the establishment of a stable decentralized exchange (DEX) core, characterized by lower transaction costs and operational efficiency. Concurrently, the launch of bonds and initiatives to reduce transaction costs enhance the platform's utility and accessibility.

Phase III focuses on iterative improvements and upgrades, with an emphasis on enhancing liquidity pools, introducing cross-chain bridges for futures trading, expanding trading pairs, and launching innovative bond offerings.

Lastly, Phase IV is geared towards fostering community-driven growth and innovation, with plans for margin trading, more cross-chain bridges, incentivizing projects building on the Position Exchange core, and achieving significant milestones in user adoption, trade volume, and total value locked (TVL) to solidify Position Exchange's position as a leading decentralized finance (DeFi) platform. Through these concerted efforts across all phases, Position Exchange seeks to realize its vision of becoming the premier decentralized exchange and trading platform in the blockchain ecosystem.

Position Price Analysis

As of December 21 2024 Position has a marketcap of $450K. This is {{percentagefromath}} from its all time high of $7.85. In terms of its tokenomics, there's a total supply of 92M with 66% currently outstanding. Keep in mind Position has a fully diluted value of $681K which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.

Summarized in part by ChatGPT 4 and Claude