Trade Groups TLDR

UNIFUND
1 min readSep 18, 2020

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For Group Leaders

  • The more UPP you put as collateral, the more people will be willing to join
  • You MUST trade back to ETH before the end or it counts as a loss
  • Fees are HIGHER than on Uniswap, and you are saving users ALL their trade fees, research time, and effort
  • Opening a group is expensive, so it trading, adjust profit share % accordingly
  • 10% profit share is more than reasonable, we think higher is fine as well
  • trade pairs are limited right now, custom list creation in next release

For users joining groups

  • Pay attention to leader collateral, low collateral means low refund if leader trades poorly
  • Dont ape into badly set up groups, such as 1 UPP vs 100 ETH
  • Money you put into a group is LOCKED until the group is over
  • You must withdraw your money at the end of the group
  • Leaders can close groups early, you need to check back

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UNIFUND
UNIFUND

Written by UNIFUND

A Decentralized Cryptocurrency Mutual Fund Trading Platform for the open creation of trustless social trading groups utilizing Uniswap Protocol Tokens.

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