Hey what's the purpose of the 3x leveraged tokens? If I wanted to 3x long BNB why not just do it using the BNB-PREP contract?
One thing I can think of is to avoid the interest you have to pay for holding a leveraged position long term but those are minimal anyways.
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The main point of the leveraged tokens is:
a) they auto-rebalance each day to get back to 3x leverage. This automatically reinvests profits, and deleverages to avoid liquidation risk.
b) they are ERC20 tokens so can be listed on other exchanges too.
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Yup!
Continuously would be kind of interesting--kind of a perpetual leverage type thing! I'll look into it.