Overview

Fa.cash is the world's first cross-chain 10 times leveraged revenue aggregation Defi protocol with self-growing liquidity, the original "holding is mining", "self-growing liquidity", and "double burn "The product model and economic model are all automatically completed by smart contracts, open source on the chain, and have passed security audits by authoritative institutions.

1. Basic information

fa.cash is the first cross-chain 10x leveraged revenue aggregation DeFi protocol with self-growing liquidity, the original "hold to mine", "self-growing liquidity", and "double burn " (transaction burn + buy back burn) three economic mechanisms. A 10% fee is levied on each FA transaction, of which 3% is redistributed to all existing FA holders, 2% is automatically destroyed through a "black hole address" strategy (which will increase as the project grows), and 5% is split 50/50 and automatically added to the liquidity pool by the smart contract. Users can use up to 10x leverage to earn a quadruple benefit of interest on borrowing, liquidity mining, token mining rewards, and leveraged long or short gains by mining single coins, leveraged liquidity mining, or leveraged trading with fa.cash. fa.cash will capture a portion of the proceeds earned by users and use 80% of them to buy back destroyed FAs, contributing to their intrinsic value enhancement and deflation.

2. Development vision

To create a leveraged income aggregation base layer in the DeFi space. The crypto asset management market is hundreds of billions of dollars in size, while the decentralised lending and financial derivatives market is still in its infancy and is now showing exponential growth. fa.cash is committed to providing investors with an easy-to-understand interface to help borrowers and lenders achieve a safer, higher yield and more flexible asset allocation.

3. Difficulties faced by the Defi market

Many users have insufficient funds on hand but have a strong desire to participate in DeFi mining to earn income. fa.cash offers up to 10x leverage to help users achieve higher returns. However, there are certain shortcomings in the current market offerings, such as: no-loss mining returns are too low to meet lenders' revenue needs; the lack of combinability and variety of leveraged liquidity mining products; and the lack of leveraged trading products to meet users' needs to go long and short.

4. fa.cash's solution

The fa.cash leveraged income aggregation protocol allows lenders to use leverage for liquidity mining or leveraged long and short trading by establishing a pool of borrower funds and a lender leveraged lending contract. Up to 10x leverage is supported, the best of its kind on the market.