The DeepBook Protocol is taking significant steps to bolster security and user engagement in margin trading. According to the official information, with the introduction of a multilayered security framework and an innovative points system, the protocol aims to enhance the overall trading experience for its users.
New Security Framework
The new security framework features dynamic collateral requirements and isolated position management, which are designed to provide users with greater control and protection during trading activities. An automated liquidation engine has also been implemented to safeguard users' investments, ensuring that their positions are managed effectively even in volatile market conditions.
Introduction of Points System
In addition to these security measures, the DeepBook Protocol has launched a points system that rewards users for their trading activity. Participants in the margin trading feature will accumulate points, which could potentially lead to future token distributions or governance rights within the ecosystem. This initiative is expected to not only enhance user engagement but also attract a broader audience to the Sui DeFi ecosystem, fostering a more vibrant trading community.
Trojan has introduced a new gamified rewards system called The Arena, which aims to enhance user engagement in trading. This initiative contrasts with the recent security enhancements by the DeepBook Protocol. For more details, see read more.
