RATS3XLong In Progress

Token Symbol: RATS3L

Brief:

RATS is a popular BRC-20 token project based on Ordinals.

RATS3L is a leveraged token that goes long on RATS with 3x leverage, which means that for every increase in the price of RATS in the market, the leveraged RATS token seeks a 3x increase in its price. RATS3L is required to maintain its target leverage and does so through dynamic rebalancing to gain a net value increase by 3% when the price of RATS goes up by 1%.

Due to such rebalancing and investment costs, RATS3L may suffer a net value loss when the market fluctuates. Please note, AscendEX’s leveraged tokens are not suitable for long-term investment. Investors must be cautious while investing in leveraged tokens and manage their investment risks in a timely manner.

Official Website:https://unisat.io/brc20/rats
Whitepaper:https://unisat.io/brc20/rats

Risk Disclosure:

Leveraged tokens differ from regular tokens for spot trading in that there is higher risk and volatility, which could bring about great returns or losses in a single day. Please learn more about leveraged tokens in our help center before making an investment.

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