💡 3 Ways to Generate Profits on MadMex

3 min readSep 2, 2022

--

📗 A Simple Guide for the Burrow

(1) Traders — high risk, high reward

Trade on our decentralized leverage exchange at up to 30x leverage and increase your payout significantly if you can predict the market well.

Simply decide on which way the market will go to determine if you want to long (buy) or short (sell) on that particular asset. Do note that if you are on high leverage and the price of the token did not go the way you predicted, you might be liquidated.

You can monitor your positions on the trade page as well

Take profit anytime you want by closing your positions via the “Market” tab

You can also choose to set a take profit level via “Trigger” tab

(2) Investor — medium risk, medium reward

Buy MLP which is equivalent to holding a basket of large cap cryptocurrencies like Matic, ETH, BTC & USDC and stake it to earn more profits on top of its capital appreciation.

MLP consists of an index of assets used for swaps and leverage trading. It can be minted using any index asset and burnt to redeem any index asset. The price for minting and redemption is calculated based on (total worth of assets in index including profits and losses of open positions) / (MLP supply). By holding MLP tokens, you get to receive 70% of the protocol profits (MLP token value will increase overtime and when it happens, you can redeem it back for more index assets than you started with).