Article Summary, Automatically Generated By AI
Summary of Tail Finance
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Project Overview:
Decentralized perpetual exchange on Shibarium, offering futures and perpetual trading with high liquidity for top-tier crypto assets. -
Uniqueness:
First perpetual DEX on Shibarium. -
History:
Launched on Ethereum on March 8, 2023, with resources on Website, Medium, Twitter, and GitBook. -
Upcoming Plans:
- Staking program for current holders
- Public testing of the product
- Launch on Shibarium once the chain is live
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About Tail Finance: Empowering the Future of Decentralized Finance
At its core, the project revolves around $TAIL, a tradeable token on Ethereum that serves as a gateway to the utility tokens on Shibarium. Tail Finance, a decentralized perpetual exchange on Shibarium, offers a unique blend of futures and perpetual trading capabilities, accompanied by high liquidity for a diverse range of top-tier crypto assets. The platform’s developers prioritize innovation and community support, aligning with the Shiba ecosystem, thereby creating a novel type of decentralized exchange. Ultimately, Tail Finance strives to become the premier solution for traders seeking to maintain control over their capital while enjoying an unparalleled trading experience on the L2 blockchain Shibarium.
What sets your project apart? Tail Finance is poised to revolutionize the decentralized exchange landscape as the pioneering perpetual DEX on Shibarium.
The genesis of Tail Finance dates back to March 8, 2023, when it was launched on the Ethereum network. Since its inception, the Tail Finance team has made available a plethora of resources, including a website, Medium blog, Twitter handle, and an exhaustive GitBook. Furthermore, the team has participated in numerous esteemed Twitter spaces, fostering a strong online presence.
What’s next for your project? In the pipeline, a staking program will be introduced for existing holders, followed by the public release of the product for testing purposes. Furthermore, the project will unveil its utility and seamlessly integrate with Shibarium once the chain is operational.
What are the utilities of your token? The current Ethereum-based token offers a gateway to the airdrop when the project migrates to Shibarium, allowing users to amplify their airdrop rewards through staking. Upon successful bridging to Shibarium, the token will unlock a plethora of use cases within our ecosystem, including staking and earning rewards.