Overview
The mission of AMOK is to provide professional and non-professional traders with a cross-platform futures trading protocol that is accessible to all, can handle any amount of liquidity, provides 10x leverage, and has significantly lower fees compared to trading protocols build on Ethereum or any other platform. Avalanche has made strides in building an advanced bridging infrastructure that makes the platform accessible to all traders, by enabling those invested in other platforms such as Ethereum to trade leaner and more efficiently. No other Protocol can offer a more trading-friendly environment than Amok Exchange.
On AMOK, trades are settled in USDC. This means that all of the collateral used on this exchange is stored and protected.
This protocol allows traders to deposit USDC into Metamask or other compatible wallets without having to set up a new wallet.
Stakers on AMOK will not be exposed to any risk of losing their tokens while earning rewards and fees since none of the AMOK tokens are used for liquidity or stored in vAMM. The tokens are stored in the smart contract vault and as such not exposed to impermanent loss.
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