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SYMMIO offers a tool that seamlessly integrates bilateral over-the-counter derivatives and intent execution. This provides a convenient way for permissionless leveraged trading of any asset, supported by highly efficient and timely liquidity.
In this system, Party A initiates a trade and Party B responds. Once a successful match is made, both parties deposit collateral for the trade. Subsequently, they must maintain sufficient collateral and margin at all times. Third-party liquidators and regulatory bodies ensure that all participants have the ability to pay. The system operates on a trustless and permissionless basis. During the liquidation process, each party is treated fairly and independently, ensuring that losses are limited to the specific trading pair. Furthermore, it can operate without relying on oracles, highlighting its capital efficiency. |
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Post time 5-9-2023 10:52:55