Here come the $CAKE and $QUICK Leveraged Tokens
Published in
Sep 9, 2021
Dear Community,
As our line of products grows the Phoenix Finance team is excited to share two important news.
First, As of September 9, 2021, we are launching two new Decentralized Leveraged Bull Tokens based on:
- $CAKE (PancakeSwap’s native token) on the Binance Smart Chain
- $QUICK (QuickSwap’s native token) on Polygon
Please find the details on the DeFi leveraged token model here.
Second, the team is planning a new approach to launching new tokens. In line with our belief that a truly decentralized financial world will benefit all investors and that a community is a project’s greatest asset, in the future, we will hold extensive Twitter polls to decide which assets to choose as underlier.
Needless to say, we hope you will all participate and share your opinions!
