some ques on how this works / impact my bag 👇
how does margin shorting work
say u hv 100 dollar wanna short $agent 3x, opening a $300 notional short
u transfer 100 usd to smart contract
u will get liquidated aka losing your 100 usd if $agent price pamp >33%
the smart contract at the same time borrow 300 usd worth of $agent from folks who deposited for yield
300 usd worth of $agent token is now sold on the market
the smart contract now holds your 100usd plus the 300usd proceeds from selling $agent (total 400 usd)
and price pamp 30%! smart contract market buy the same amount of $agent token back at 400 usd and return to the lender (plus yield)
shorter: u lose ur 100 usd but u had fun
$agent believer: the lender who deposited $agent now makes some interest income while being a diamond hand believer of $agent
agent team: gets more trading fee
Long, short, and farm agents, all live on Virtuals.
Agent is building? Go long on agents you trust.
See founders soft rugging? Short them to zero.
Strong fundamentals? Provide agent tokens to earn and farm daily yield.
Margin trade with up to 3× leverage to amplify conviction or hedge risk. Yield rewards accrue automatically and compound daily.
Available today for 8 agents, $AXR, $ETHY, $FACY, $GAME, $LUNA, $PREDI, $TIBBIR, $WAVE, with more opening soon.
All directly inside Virtuals Protocol.
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