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Tracer DAO (TCR) Coin Complete Detailed Review About Tracer DAO

Denny Bitsong by Denny Bitsong
22/04/2024
Tracer DAO (TCR) Coin Complete Detailed Review About Tracer DAO
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What Is Tracer DAO (TCR) ?

Tracer DAO is an open-source, smart contract protocol for derivatives. With the capability to enable anyone to deploy a derivatives market from a Tracer Factory template to manage their digital and real-world financial risk. The first derivatives market to launch is a new primitive – Tracer Perpetual Pools. No margin. No liquidations. Fully fungible tokens for the DeFi economy. You can now acquire low-cost, leveraged exposure to any asset with zero risk of liquidation, zero trust in a centralised party, and zero limits set on leverage.

Tracer DAO TCR is the governance token for Tracer DAO. TCR grants its holder the right to participate in the governance of the protocol, and vote on proposals. Proposals are community-driven and may include; research engagements, advisory roles, protocol upgrades, management of the treasury, software development, media partnerships, security audits, and a host of other important responsibilities.

Tracer DAO (TCR) Point Table

Coin BasicInformation
Coin NameTracer DAO
Short Name (TCR)
Circulating Supply326,617,418.00 TCR
Max Supply1,000,000,000
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

Who Are The Founder Of Tracer DAO (TCR)?

……………………………………………………………………………..

https://youtu.be/yKrWkgDQ1pI

TCR Price Live Data

The live Tracer DAO price today is $0.081913 USD with a 24-hour trading volume of $400.49 USD. update TCR to USD price in real-time. Tracer DAO is down 2.81% in the last 24 hours. The current CoinMarketCap ranking is #6239, with a live market cap of not available. The circulating supply is not available and a max. supply of 1,000,000,000 TCR coins.

MYC Token (Mycelium Token)

MYC is a utility and governance token. $MYC holders can participate in MYC Staking to earn rewards paid in ETH. MYC Staking gives MYC holders the opportunity to earn rewards on their idle MYC. By depositing MYC into the vault, MYC holders will start earning ETH rewards continuously. For a full view of MYC Staking, visit the relevant page in our documentation here.

How Does Leveraged Trading Work?

Normally, to trade with leverage you need to borrow money. Borrowing lets you take on a bigger position than you could get with your initial capital, so, once the debt is paid off, any profits or losses you make are amplified. With Tracer, you can get leveraged exposure without borrowing or worrying about margin calls and liquidations. Read more about Tracer’s Power Leverage here.Are Perpetual Pools Different from

Swap

Yes. Perpetual Pools are a marketplace for leveraged tokens, while perpetual swaps simulate spot trading with margin. They are both derivatives, but, unlike perpetual swaps, you don’t need an account with an exchange to trade Perpetual Pool tokens. That’s because the tokens act most like a leveraged ETF, where positions are transferable. Read more here.

Stake MYC, Earn Interest Rewards

MYC that has been staked will be locked-up for one cycle. Each cycle takes 14 days. Users will not be able to enter (or withdraw) from the loan contract until these epochs are hit. Unless the MYC is withdrawn from the contract at the end of the 14 days, it will continue to roll over indefinitely into future cycles.

With Mycelium Perpetual Swaps, Traders can trust they are optimising their trades with:

LOW FEES

0.03% entry and exit fees to maximise trading profits

EARN FORTNIGHTLY REWARDS

Earn 10% of fees as an active trader

LIQUIDITY

Trade liquid markets for ETH, BTC, BAL, UNI, LINK, CRV, and FXS

LEVERAGE

Up to 30x, with liquidations set at 100x to minimise risk

Tracer DAO

Faq Of Tracer DAO

Where I Can Find Tracer DAO Coin Whitepaper ?

You Can Find Tracer DAO Whitpaper By Clicking Here

Where I Can Buy/Sell Tracer DAO

You Can Buy Or Sell Tracer DAO On Some Popular Exchange For Example – Binance , Coinbase , Huobi Etc .

What Is Max Supply Of Tracer DAO?

Max Supply Of Tracer DAO Is 1,000,000,000

Tags: Tracer DAOTracer DAO loginTracer DAO sign up
Denny Bitsong

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All content on Wootfi.com is provided solely for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security, product, service or investment. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. For More Details Contact Us At - support@wootfi.com .