/biz/ - Business & Finance

>>24949128
ABE COMING THROUGH WITH THE FAT CHRISTMAS PRESENTS FOR CAPPAS

>>24949096
+ the fact that you can choose to either 1x leverage your assets for comfy holding or 100x for an instant 100% loss is what really sells it

>>24923593
y-yes

>>24759274
the partner got $6M worth of CAP for almost no cost, surely 100k DAI seedfunding will not be a problem

What is CAP Protocol?
>Cap is a decentralized trading platform where you can trade synthetics of any crypto (BTC, ETH, LINK, RSR, XRP etc) or traditional asset (TSLA, KO, AAPL, PLTR, AMZN etc) up to 100x leverage without needing to KYC/AML. The contracts are can only be changed via governance, which means they can't be shut down by a regulator (think Uniswap with degen leverage).
Every time a trader on the platform loses a trade, excess revenue from the CLP (Cap Liquidity Pool containing DAI) will get used for a buyback, creating constant Cap buying pressure.
There's a relatively high probability that Cap will replace Bitmex as the default margin trading platform. There are ~30 known VCs in the TG keeping a close eye on it.

Why I know it's undervalued and will 10x? Lets compare the evaluation to some of the competitors:
1) Cap Protocol (CAP) - $14.2M fully diluted market cap
2) Linear Protocol (LINA) - $89M fully diluted market cap
3) SynLev (SYN) - $46M fully diluted market cap
4) Synthetix (SNX) $998M fully diluted market cap

Cap is expected to launch mainnet in December with full functionality and its on native oracles. Beta has been tested in Ropsten for a long time now with amazing results.

Their roadmap also includes a regular decentralized exchange, lending/borrowing, staking, asset management, prediction markets, identity, insurance etc etc:
https://blog.cap.finance/2020/09/02/the-roadmap.html

If you miss out on this, it's on you frens.

>>24544455

>>24506907

>>24459629
Christmas about to be renamed to Capmas