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HomeCOINSWhat Is CakeDAO (CAKE)? Complete Guide Review About CakeDAO.

What Is CakeDAO (CAKE)? Complete Guide Review About CakeDAO.

What Is CakeDAO (CAKE)?

Margin Ratio Maintenance Margin / Margin Balance. Your positions will be liquidated once Margin Ratio reaches 100%. Single Asset Mode Supports USD-M Futures trading by only using the single margin asset of the symbol. CakeDAO PNL of the same margin asset positions can be offset. Supports Cross Margin Mode and Isolated Margin Mode. Multi-Assets Mode USD-M Futures trading across multiple margin assets. PNL can be offset among the different margin asset positions. Only supports Cross Margin Mode.

CakeDAO Storage Key Points

Coin BasicInformation
Coin NameCakeDAO
Short NameCAKE
Circulating SupplyN/A
Total Supply13,000
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

Margin

Is the guarantee you put for your leveraged positions. It has two Modes to use it:

  • Cross Margin Mode: All cross positions under the same margin asset share the same asset cross margin balance. In the event of liquidation, your assets full margin balance along with any remaining open positions under the asset may be forfeited.
  • Isolated Margin Mode: Manage your risk on individual positions by restricting the amount of margin allocated to each. If the margin ratio of a position reached 100%, the position will be liquidated. Margin can be added or removed to positions using this mode.

Stop Limit Order

CakeDAO easiest way to understand a stop-limit order is to break it down into stop price, and limit price. The stop price is simply the price that triggers the limit order, and the limit price is the price of the limit order that is triggered. This means that once your stop price has been reached, your limit order will be immediately placed on the order book. A market order is an order to buy or sell at the best available current price. It is executed against the limit orders that were previously placed on the order book. When placing a market order, you will pay fees as a market taker.

Stop Market Order

Similar to a stop-limit order, a stop market order uses a stop price as a trigger. However, when the stop price is reached, it triggers a market order instead. A trailing stop is an order type designed to lock in profits or limit losses as a trade moves favorably. Trailing stops only move if the price moves favorably. Once it moves to lock in a profit or reduce a loss, it does not move back in the other direction.

In this tutorial CakeDAO will explain how to use the Perpetual Trading interface in PancakeSwap. They assume that you understand what futures trading is about and know the associated risk. They recommend studying and understanding well about futures before making any trade.

Post Only

Post-only Mode means that Traders can only place an Order if it would be posted to the Order Book as a Maker Order. An Order which would be posted as a Taker Order will be rejected. No Market Orders may be placed and no Orders will be filled. Resting orders may be canceled in post-only mode. CakeDAO instructions allow you to specify the amount of time that your orders will remain active before they are executed or expired. The order must be fully filled immediately. If not, it won’t be executed at all. The order will execute immediately (either fully or partially). If it is only partially executed, the unfilled portion of the order will be canceled.

What is Perpetual Trading?

Futures trading allows users to enter positions on margin (leverage) using borrowed funds to optimize capital. Using leverage allows for a user to enter a position with a larger size than their account balance. CakeDAO a user could take 10x leverage and trade 100 CAKE for the price of 10 CAKE. In this example, the initial margin would be 10 CAKE which is used to collateralize the leveraged position.

In addition to leverage, futures open the possibility of trading in both directions, buying (long) and selling (short) perpetuals. Additionally, it allows PancakeSwap to offer more assets to trade even assets not currently on BNB Smart Chain (BSC). Perpetual contracts don’t expire and allow the holder to enjoy trading price action of the underlying asset without owning it.

Nile
Nile
Nile Is Very Old Author At Wootfi Blog . We Loves To Write About Altcoin , ICO & Defi . In Free Time He Loves To Play Football .