Players

Trader

Traders are integral to the platform's success who could enjoy trading leveraged long positions or short positions with no price impact on a range of whitelisted crypto assets, driving liquidity, fostering innovation, and contributing to a thriving trading ecosystem. When the funding rate is positive, traders that are long (contract buyers) have to pay dynamically borrow fees that are short (contract sellers). In contrast, a negative funding rate means that short positions pay longs.

Liquidity Provider

Liquidity Provider could deposit any supported assets into the LP pool in return for MLP tokens, which represents the LPs share in the diversified liquidity pool. As revenue of Liquidity Provider, 55% fees generated by the protocols will be rewarded to Liquidity Providers. At the same time, Liquidity Provider is counterparty of Trader, so if trader lost money, the side of the liquidity pool will increase, ultimately increasing the USD balance of LPs.

Holder

Those investors who hold MOX or escrowed MOX are called Holders, holders will earn from ModeMax through multiple ways. such as compound, stake, participating governance, etc.

Staker

Those holders who stake their MOX and esMOX into protocol to earn rewards, stakers will earn double rewards that includes fees revenue and MOX rewards