RISE Token (2X Long Token)

2x Long Token or TOKENRISE is a type of Fuse Leveraged Token that represent 2x Long leveraged position.

Overview

RISE Token (2x Long token) is ERC20 tokens that represents 1.7x-2.5x long exposure to specified collateral in Rari Fuse Pool. It simplify the process of opening, managing, closing leveraged long position and protect users from the liquidation.

Responsibilities

It is responsible for:

• Positions

  • User can buy the RISE Token to open new leveraged position

  • User can sell the RISE Token to close leveraged position

• Rebalancing

  • Market Maker can execute the rebalance in exchange for a discount