LBank will launch the SAVMU perpetual contract today.

Jiten171

LBank announced that the SAVM U perpetual contract will debut on LBank at 18:00 on January 22nd with a maximum leverage of 50x. SatoshiVM is a decentralized layer 2 solution for Bitcoin, employing ZK Rollup technology compatible with the Ethereum Virtual Machine. It allows the development of applications and asset issuance within the Bitcoin ecosystem, utilizing native BTC as gas. Key features include ZK EVM for Ethereum-like interactions, transaction bundling for verification on the main network, ZK fraud proofs with Taproot and Bitcoin script, ensuring data availability, and using BTC as transaction gas.

Indra55

It's worth checking out and understanding the contract.

Jafar224

Whether it's issued or not, does it have any significant impact?

Isha000

Maximum leverage of 50x? Isn't that another way to cut losses for investors?

977Iti

I wonder how long this contract will be in existence.