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Chaotic is the first community-driven delta one asset protocol on the Kusama network via Moonriver. Chaotic allows its users to get exposure to various synthetic assets by letting them trade long and short positions with up to four times leverage.
CHAOS is Chaotic's native token. Users who hold CHAOS can stake their tokens on Chaotic Buildr and mint cUSD, the protocol's stablecoin. On top of earning CHAOS weekly rewards for building debt in cUSD, Chaotic users will be able to use their minted cUSD to trade long and short positions of their favorite tokens with up to 4x leverage on the Chaotic Exchange.
Chaotic is developed by the team at Linear Finance which always believed in building on the Kusama and Polkadot networks since the project started back in 2020. Now that Moonriver is live on Kusama we considered it was the best time to build and launch Chaotic.
Chaotic is a community-driven delta one asset protocol. It allows its users to trade synthetic versions, both long and short positions, of their favorite cryptocurrencies with up to 4x leverage!
The crew behind Chaotic will continue building. Athos will be the team's integration on the Polkadot network through Moonbeam.