11:20 PM

TLX - Leveraged Tokens

Benjamin Sturisky
Benjamin Sturisky

TLX is a leveraged tokens protocol on Optimism that launched on 05/16/2024.

Leverage tokens utilize reactive rebalancing, which means no liquidations or margin management.

Let’s assume a BTC long is minted.

As BTC declines in price, the leverage inherently increases in price. This is because the money borrowed is fixed, but the collate

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