MultiversX Tracker is Live!

UPDATE: Platform for shorting tokens - if bear market continues, why not embrace it?

All Cryptocurrencies

by COINS NEWS 134 Views

TLDR at bottom

Sup guys, thanks for all the support on the original post! I appreciate all the suggestions and the feedback!
To me, it seems there are definitely ways to short cryptocurrencies out there, but the only ones you can really short are big blue chips like ETH, BTC, etc. This takes all the fun out of it IMO.

After posting last week on friday I spent most of the weekend coming up with a name then the rest of it spinning up a prototype here: www.tumbyl.com! Not much there yet but hoping to get y’alls feedback on which tokens we should be able to short and which ones we should be able to long!
Currently building out the backend but really hoping we can make this a community project and have you guys vote in some funny tokens that everyone wants to see supported! I also want to hear your guys’ feedback on some of the architecture - more on that below:
Unlike GMX and dy/dx which are geared towards institutions - I want this to be made for average people to bet for or against their favorite tokens - to that end, Im not sure what the best features are to include. Comment your thoughts on:

  1. Mobile app vs web app - I think i can do both but curious what priority should be
  2. Leverage vs non leverage trading - I think for shorting leverage makes for more opportunities and better trades, but could just build this without a leverage option as well
  3. Tokens to include on launch!

Aiming to have this up and running with the top voted tokens in a couple weeks so stay tuned!

TLDR: New community project in the works: www.tumbyl.com - vote now on which tokens you guys want to see first!

submitted by /u/dwat1313
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