#SOON3S SOON3S platform customer service, come out and explain. If 3S doesn't rise, are you just fooling us? Buying SOON3S at a price of 4U, now the coin has big dump to 2.6U, and SOON3S surprisingly hasn’t risen, and we are still losing money, come out and explain.
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Asricm
· 11-19 09:48
Bull Run 🐂
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Mecky
· 11-14 22:19
long answer but useless.
why only whendump, and always happen to S or L. why not when pump ? that's because when dump, retailer loose money. of course exchanger will avoid pay profit as possible, with ETF as mask
Reply0
XiaoYi
· 11-14 21:51
Hello, the trading price of leveraged tokens is determined by market supply and demand, which may lead to a premium or discount relative to its net value, causing its price movement to not completely synchronize with the underlying asset. Additionally, due to the compound interest effect, the actual leverage multiple of long-term holdings will also change. What you observed is the difference between the market price and the underlying net value, which is mainly caused by three factors: 1. Premium/Discount caused by market supply and demand: The trading price of leveraged tokens on the exchange is determined by the buyers and sellers in the market, known as the market price. Its true value is the reference net value calculated by the fund company. When market sentiment is exuberant and buying demand far exceeds selling, the market price will be higher than the net value, known as "premium"; conversely, when there is panic selling, the market price will be lower than the net value, known as "discount". This price difference can cause the Candlestick movement to deviate from the underlying asset. 2. Long-term result of the compound interest effect: As mentioned earlier, the change in net value of leveraged tokens is the result of daily compound accumulation, not a simple daily instantaneous multiple. After holding for a long time, the cumulative rise and fall will naturally not maintain a fixed relationship of 3 times or 5 times with the cumulative rise and fall of Spot. 3. The change in the net value of leveraged tokens is "path-dependent", not a simple linear addition of rises and falls. It calculates the compound rise and fall after each rebalancing period. (In simpler terms, the rise and fall of leveraged tokens is calculated based on the previous balance point price, unlike other products, such as contracts and spot, which simply calculate the rise and fall based on a 24H rolling basis.) Leveraged tokens provide a multiplicative exposure to price changes of the underlying asset through their operational mechanism. In a clearly directional market, they can provide opportunities for amplified returns, while in extreme market conditions, high leverage can lead to a sharp decline in asset value. I hope the above explanation helps you understand the leveraged token product. For more information about the product mechanism, please refer to the documentation.
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GateUser-8fee1349
· 11-14 21:50
No point asking the customer service. suggest it to report it to relevant authorities. I will be doing so this weekend.
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Geryibrahim36
· 11-14 21:01
never play with ETF coins, Gate is just deceiving you😅😅
#SOON3S SOON3S platform customer service, come out and explain. If 3S doesn't rise, are you just fooling us? Buying SOON3S at a price of 4U, now the coin has big dump to 2.6U, and SOON3S surprisingly hasn’t risen, and we are still losing money, come out and explain.