👣Core Features

BullNow is the most powerful trading AlphaLand on Sui Network combining the state-of-art DEX tools together, which makes the most seamless and powerful trading platform. These core features are as followes:

• Cross-Margin

• Spot Trading

• Perps Trading

• Money Market

• Liquid Staking

To elaborate, there are primarily four types of actions within the system:

1. Deposit: Users deposit their funds to automatically earn yields. This process resembles lending assets into a Lend/Borrow protocol, enabling users to earn yields while also granting them the ability to borrow from the money market or engage in leveraged trading. Depositing serves as the foundational method for providing liquidity, thereby ensuring the security and robustness of the entire BullNow system.

2. Borrow: Users must first deposit funds, which are then used as collateral to borrow assets. Each type of fund has a distinct Loan-to-Value ratio (LTV), which can be found in the "Supported Assets" section for further details. The borrowed asset is directly sent to the user's wallet balance, with their Trading Account reflecting a negative balance of the borrowed asset to indicate the debt.

3. Trade: Traders also initiate their trades by depositing funds first, using them as collateral for trading. Leveraged trading automatically borrows assets against the deposited collateral.

4. Stake: Staking is a mechanism aimed at maximizing asset efficiency and earning staking rewards. For instance, users stake their SUI into the staking pool with an Annual Percentage Rate (APR) of 3.5% and receive buSUI in return, representing their staking position. Subsequently, they can deposit buSUI as collateral for borrowing or trading purposes.