Advantages of Logium
Some of the features that make Logium stand out:
- You do not need to create an account with Logium, just connect your web3 wallet. It enables you to use the platform without hassle, and your data will not slip into unauthorized hands if our systems are ever compromised.
- Users control their funds fully in contrast to centralized exchanges.
- Bets can be taken without any deposit on the platform.
- We support all tokens available on Uniswap v3.
- You can short or long any token with a multiplier.
- Low commissions. The Logium fee is paid in full by the winning user from their share of the prize pool. We only deduct a 5% success fee from the winning bet. Depending on the multiplier, the fee constitutes from 0,33% to 4,2% of the total bet size.
- A single collateral deposit can back an unlimited number of awaiting bets on multiple tokens. For example, if the total value of your collateral is $1000, you can issue bets on WETH, WBTC, MKR, WLTC, and UNI each with a bet size of up to $1000. Once $1000 of any of these bets is taken by other users, the remainder will be automatically delisted from Logium.
- We are planning to reward early users in the future.