Rave

RAVE is a Layer-2 application chain built on the Initia framework that allows the use of tokens as collateral without permission, utilizing quantitative contracts for trading in the perpetual market. RAVE introduces dual-currency contracts onto the chain, enabling any token to be used as collateral for trading perpetual futures. RAVE Trade enables anyone to use any token as collateral to gain leverage exposure to the perpetual market in dual-currency derivatives, or to deposit tokens into unilaterally managed liquidity pools (LPs) to provide liquidity and earn profits.