Degen Portfolio
Hey Degenerate,
How are the trenches treating you?
It's a fast, fun market, and there is always something to do, you know that. Where normies hide from the volatility, you thrive in it. You see an opportunity in every move. You know how to profit from it, and that's what you do. You don't hold onto losing plays, and the spoils - they go to the victor.
With the Degen Account, you can pump your Degen portfolio and its profits even more. The Degen Account allows you to leverage up your trading strategy. With 10x leverage (and later 25x or more), you can 10x your returns. That goes for profits and losses, but who cares about the downside when a single moonshot can set you up for life?
In the Degen Account, you have full freedom to design your trading strategy. You have the control, and no one else. You can see your Degen Account as your own Degen portfolio, but more: more capital, more opportunities, higher returns.
Good-to-knows
The Degen Account does have some unique features to it, but I bet you didn't read the intro, huh? Heck, I don't even want to know the answer. Well then, here is some essential information you will want to know before you start:
Dedicated Smart Contract: Or in other words, your own personal Degen wallet. It is created for you when you set up your Degen Account. Anything you do on your Degen Account, this is the contract you interact with. And as the sole owner, only you decide what the funds are used for.
Built-in safety measures: As a smart contract, the Degen Account has certain safety features directly built into it as well. You can for example only trade tokens or LP in pools that are whitelisted for the Degen Account, and not send tokens to an address outside of the DegenPrime ecosystem (such as your wallet). These features do allow you to go as hard with your trading strategy as you want, while never risking more than your collateral since liquidation bots monitor your Degen Account.
Cross-margin: The Degen Account is fully cross-margin. This too means it works just like your wallet. No matter which tokens you borrow, hold, trade or LP; the total value and health of your Degen Account is calculated over all your positions. With cross-margin, your trades and positions aren't siloed, they are combined. As a result, you can mix and match trades and bets to perform better risk management. Of course, with high conviction, you don't need risk management.
That said, don't overthink your Degen Account: just be the Degenerate you are and win.
Last updated