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73_Futures_upgrade_announcement.md

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Futures upgrade announcement

To provide better service, a new version of decentralized futures, NESTFi futures, will go live on January 13, 2023.

The new version makes the following adjustments:

New features.

  1. Limit orders to open positions
  2. Stop loss & Take profit order to close positions

Adjustments to the current function.

  1. The same position can open a new separate position
  2. Open position with 0 slippage
  3. Position's status is retained after being liquidated

Futures Service Fee

  • Position fee: 0.2% of the position
  • Limit order: 15 NEST execution fee + Position fee
  • Stop order: 15 NEST execution fee + Position fee

NESTFi future upgrade does not affect trading, after the upgrade, old orders can not use the new functions.

NEST DAO

January 13, 2023