Baumz Secures $500K in Angel Funding to Transform Perpetual Trading

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max.vaultMember
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#1Oct 6, 2018, 01:26 AM
Baumz, a new decentralized exchange aimed at high-leverage perpetual trading, just wrapped up a $500,000 angel funding round with some savvy crypto investors. This cash injection will help speed up the development of their main platform, dubbed "Pro," which comes with some cool features like the Pop-Net+ carry fee model, Tri-Proof Oracle setup, and the ability to leverage up to 1024× on order books. Shifting the Focus to Trader-Friendly Economics Perpetual futures are where the action is in crypto derivatives, but most DEXs just copy business models that prioritize churn over trader success. Baumz is flipping that script. You only get charged fees based on the 24-hour average profit, not for every single trade or winning trade. Expect performance on par with institutional standards, targeting latency of 10 ms or less and handling up to 250,000 orders per second. The Tri-Proof Oracle (TPO) design serves synthetic markets that cover crypto, stocks, and real-world assets. In Pro mode, you can leverage up to 1024×, plus they’ll be launching RWAs like SPX500 and NAS100, with complete cross-chain compatibility. Why Angels are Excited About Baumz The early backers were really interested in Baumz’s fresh approach to economic alignment: when traders win, the protocol profits totally flipping the usual incentive model. They've got a revamped business model that tackles ongoing trader issues like fee drag, latency risks, and oracle failures. A solid technical plan that connects high-quality execution from CEXs with the trust of DeFi. They’ve also gained some traction with their community reward system and token-points setup, positioning Baumz as more than just a product it's turning into a movement.
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