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New assets and pairs available for margin trading: 0G, SKY, QNT!

1 hour ago 3 min read
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Here’s some more information about the tokens:

0G (0G) is a modular blockchain network focused on AI and data processing. Its architecture includes the 0G Chain (an EVM-compatible Layer 1), 0G Storage (for large datasets), 0G Data Availability (for scalable data access), and 0G Compute (for AI model training and inference). It uses Proof of Random Access (PoRA) to incentivize storage nodes and leverages Ethereum’s EigenLayer for shared security.

Sky (SKY) is the governance token of the Sky Ecosystem, replacing Maker’s MKR token at a rate of 1:24,000. It enables users to participate in decentralized governance, trade for USDS, and accumulate rewards through the Sky Token Rewards module. Holders of SKY can vote on protocol updates and changes, and it will also serve as the mechanism for earning Activation Token Rewards in the future.

Quant (QNT) is a distributed ledger technology focused on building connections between existing blockchains.  Quant’s Overledger software provides organizations with a cross-chain infrastructure to link their enterprise software system with multiple distributed networks. QNT is the native token of the protocol which is used to access the platform and pay for the products and services found on the network.

Before you start, what you should know:

In order to trade using margin, you will need to hold at least one collateral currency.

The availability of margin trading services is subject to certain limitations and eligibility criteria.

Margin trading incurs additional fees for opening, closing and holding a position. Learn more about the different rates and fees.

Will Kraken offer more pairs on margin?

Yes! But our policy is to never reveal any details before launch – not even which pairs we are considering. All of Kraken’s listed margin pairs are available on our website. Our client engagement specialists cannot answer any questions about which pairs we may be listing in the future.

Trade with caution

There is no guarantee that a limit order will execute. There is no guarantee of margin pool availability at all times. There is also no guarantee of a market order executing at a certain price. The availability and liquidity of the particular digital asset will impact these types of orders.

Ready to trade but don’t have a Kraken account yet? Sign up today !

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Availability of margin trading services is subject to certain limitations and eligibility criteria . Trading using margin involves an element of risk and may not be suitable for everyone. Read Kraken’s Margin Disclosure Statement to learn more.

The post appeared first on Kraken Blog.

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