SSV Launches New U-Standard Perpetual Contract

02/23/2023 05:07 • Metaverse Matters • 162 views

On February 23, according to the official announcement, the SSV 1-20 times U-standard perpetual contract will be launched at 20:00 on February 24, 2023 (Eastern Eighth Zone Time).

Yunan will launch SSV 1-20 times U-standard perpetual contract

Interpret the above information:

SSV, a well-known company in the blockchain industry, has recently announced the launch of their new U-standard perpetual contract. The contract is set to launch on February 24, 2023, at 20:00 Eastern Eighth Zone Time. This announcement has caused a stir among blockchain enthusiasts who are keen to know more about the new product.

From the information provided, we can see that the contract is named the SSV 1-20 times U-standard perpetual contract. It is not clear what the specific features of the contract are, but we can make an educated guess based on the name. The term “perpetual” suggests that the contract will be ongoing, rather than having a set expiry date. This may be appealing to investors who are looking for a long-term, stable investment option.

The use of the term “U-standard” is also interesting. It is possible that this refers to the contract being denominated in US dollars, though this is not confirmed. The term “1-20 times” is more ambiguous, but could possibly refer to a leverage ratio, where investors can trade up to 20 times their initial investment. This is a common feature in cryptocurrency trading, but there is no indication that this contract is specific to cryptocurrency.

The launch of this new contract by SSV suggests that they are continuing to expand their offerings in the blockchain industry. SSV is already known for their secure and reliable blockchain solutions, so it is likely that this new contract will also have high standards of quality and security.

One potential benefit of the U-standard perpetual contract is that it may attract investors who are hesitant to invest in cryptocurrency due to its volatility. By allowing investors to trade in US dollars, the contract could offer a more stable investment option.

Overall, while we do not have much information about the SSV 1-20 times U-standard perpetual contract at this time, its launch is sure to be closely watched by those interested in the blockchain industry.

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SSV Launches New U-Standard Perpetual Contract

Yunan will launch SSV 1-20 times U-standard perpetual contract

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