Introduction to hedge app

The FORT protocol is a decentralized financial protocol that uses an original algorithm mechanism (discount computer) to integrate all financial applications, and provides unlimited liquidity for all financial applications in the protocol through a unique balanced currency (DCU token)

Hedge App is a decentralized financial derivatives application developed based on the Fort protocol. Positions can be opened and closed at any time, without handling fees. The current products are options and perpetual contracts. Participation method is that participants conduct transactions with the system. Participants pay DCU tokens to start options or futures trading, and the system (DAO) automatically completes the settlement of products based on the profit and loss of the participants’ products. The paid DCU tokens will be destroyed, and the settled DCU tokens will be provided by the system. It has the characteristics of unlimited liquidity and system game.

Transaction Introduction:
1. The user obtains DCU Token through SWAP transaction, and currently supports ETH<=>DC and NEST<=>DCU.
2. The user can choose options or buy perpetual contracts, choose the bullish and bearish directions, and use DCU pays and obtains options or perpetual contract positions.
3. Option, the user can sell the option to the system at any time and obtain the DCU, or exercise the option after the exercise date. Selling or exercising will call the NEST price oracle machine for settlement.
4. Perpetual contracts, when the position are lower than a certain amount, liquidation will be triggered. Any third party can initiate a debt warehouse liquidation to the system. After the liquidation is successful, the position will be destroyed, and the liquidator can obtain a certain amount of remaining liquidated positions DCU as a clearing reward.

Product documentation:https://docs.hedge.red/