# Fulcrom Finance

Cross-chain decentralized perpetual exchange for crypto leverage trading with minimal fees and price impact, and staking with real yield.

## What is Fulcrom?

Fulcrom is a decentralized perpetual exchange on Cronos, zkSync Era, and Cronos zkEVM that allows users to trade leveraged positions with low fees and zero price impact, whilst having the peace of mind that all trades and collateral are stored transparently on-chain.

Whilst we understand that Perpetuals are indeed a major form of innovation in the space, we also recognise that many of such perpetual contracts are being traded on centralized exchanges, many of which may not be transparent with usage of funds. The team is a strong believer of decentralization and transparency and with the vision of bringing perpetuals on-chain, Fulcrom was born.

### How Does Fulcrom Work?

Trading on Fulcrom works as per any Perpetual exchange. Trades are initiated with user’s collateral and are supported by a multi-asset pool - known as the Fulcrom Liquidity Pool (“FLP”), that earns fees from automated market making, swap fees and leverage trading.&#x20;

Pricing on our exchange is supported by various price feeds from large exchanges, as well an on-chain prices - this is done with the goal to prevent manipulation and ensure accurate pricing is achieved.

### Check out Fulcrom Finance today!

📍Main site: <https://fulcrom.finance/>

📍Fulcrom Analytics: <https://stats.fulcrom.finance/>

[Discord](https://discord.gg/7cTMWnpAfd) | [Twitter](https://twitter.com/FulcromFinance) | [Telegram Announcement](https://t.me/FulcromFinanceAnn) | [Medium](https://medium.com/@FulcromFinance)

{% content-ref url="/pages/BalpOvBovcZUqUvTWaDy" %}
[Tokenomics](/fulcrom-finance/about-fulcrom/tokenomics)
{% endcontent-ref %}


# What is perpetual trading

## Introduction

Perpetual contracts have given the web3 space a much needed instrument to take directional bets and execute hedges in a seamless manner.

A perpetual contract is a derivative product that is similar to a futures contract but has no expiration date. What’s so significant about this versus traditional spot markets or futures can be broken down to 3 main things:

1. **Capital Efficiency via Leverage:** The advantage of trading a perpetual contract over a spot contract is that perpetuals offer the trader the ability to trade on margin: Rather than having to fund the full cost of the trade (eg. 10 ETH) , the trader has the option to put down only part of the notional in margin (eg. 1 ETH), opening up capital to be allocated elsewhere
2. **No Requirement to hold Underlying Assets:** A perpetual future is a derivative, which means that while the profits or losses of the trade depend on the price of the underlying - like ETH for example, there is no real need to own ETH in order to trade it. As long as there is sufficient collateral provided and a price feed, a perpetual contract can be traded for almost any token.
3. **No Physical Settlement of Underlying Assets:** Trades can be held with leverage in perpetuity as long as the trader has sufficient collateral to pay for ongoing fees. There is no physical settlement of the underlying - for example, ETH, as there is no expiration date. This makes trading perpetuals much easier as when a trade is closed, it can be settled straight in USDC on your account, rather than having to deal with multiple tokens or selling the futures before they expire.

{% hint style="success" %}
All users can leverage their position up to 25x, and you can unlock 100x leverage trading with 300 FLP staked on Fulcrom.
{% endhint %}


# Spread

## 1. Spread in indexed tokens (i.e BTC, ETH)

Spread refers to the range of difference between max and min prices for an asset. In DeFi, this is related to the possible variance of price from the prices quoted by our oracle source.

## 2. Spread in stablecoin (i.e USDC, USDT)

To avoid unnecessary spread and slippage on stablecoins, Fulcrom applied a mechanism to maintain stablecoin swap price at 1 usd when executing positions. For example, if the USDC price is close to $1, you will be opening position with rate at usdc = $1

However, to ensure trades are aligned with market situations, Fulcrom will also apply the spread mechanism onto stablecoins, same as the indexed tokens.

When stables’ market price deviates from $1 (i.e. >1%), spread mechanism will be applied on Fulcrom, transactions involving stables will follow market prices with spread.

## Understanding prices on Fulcrom

* Entry price in long positions = max price
* Entry price in short position = min price

## Understanding liquidation process on Fulcrom

* Long position: Liquidation will happened when market reaching the Min price
* Short position: Liquidation will happened when market reaching the Max price

{% hint style="info" %}
Slippage may occur when opening positions.
{% endhint %}


# Slippage

Slippage refers to the difference between the expected price of a trade and the actual execution price of the trade due to market volatility and liquidity. To mitigate slippage, users can use limit order, which allows you to set max/min price for a trade.

**Slippage may occur in the following scenarios**

* Buy/stake FLP
* Sell/unstake FLP
* Market swap
* Market open/increase position
* Market close/decrease position

**However, there is no slippage in**

* Limit order for swap
* Limit order to open/increase position
* Limit order to close/decrease position

**You may adjust the slippage tolerance via Setting:**

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FcqKf3mqIMGMlck7VRoPk%2FScreenshot%202023-10-02%20at%2010.14.14%20PM.png?alt=media&amp;token=d81daeaa-4419-4cc8-827a-6361a00e88fe" alt=""><figcaption><p>Default slippage is set at 0.50% when opening a position.</p></figcaption></figure>


# Fees

{% hint style="info" %}
🎉 **Trading fee discount** 🎉

To celebrate the launch of Fulcrom on Cronos zkEVM, we are lowering the trading fee to **0.05% of your position size across all chains**.&#x20;

Limited time only!
{% endhint %}

## Cronos

<table><thead><tr><th width="151.5">Type of Fee</th><th>Amount</th></tr></thead><tbody><tr><td><strong>Trading Fee</strong><br><strong>(Opening or closing positions)</strong></td><td>0.05% of position size</td></tr><tr><td><strong>Borrowing Fee</strong></td><td>(assets borrowed) / (total assets in pool) * 0.01% per hour</td></tr><tr><td><strong>Swap Fee</strong></td><td><p>Non-stables: 0 - 0.8% of trade size, depending on FLP capacity</p><p></p><p>Stables<strong>:</strong> 0 - 0.06% of trade size</p></td></tr><tr><td><strong>Buy/Sell FLP</strong></td><td>0 - 0.75%<strong>,</strong> based on individual token's weightage in FLP</td></tr><tr><td><strong>Execution Fee</strong></td><td>0.6 CRO as Keeper's network fees (gas) for executing positions and orders</td></tr><tr><td><strong>Liquidation Fee</strong></td><td>USD 5 (for full liquidation only)</td></tr></tbody></table>

## zkSync Era

| Type of Fee                                    | Amount                                                                                                         |
| ---------------------------------------------- | -------------------------------------------------------------------------------------------------------------- |
| **Trading Fee (Opening or closing positions)** | 0.05% of position size                                                                                         |
| **Borrowing Fee**                              | (assets borrowed) / (total assets in pool) \* 0.01% per hour                                                   |
| **Swap Fee**                                   | <p>Non-stables: 0 - 1% of trade size, depending on FLP capacity<br></p><p>Stables: 0 - 0.06% of trade size</p> |
| **Buy/Sell FLP**                               | 0 - 0.75%, based on individual token’s weightage in FLP                                                        |
| **Execution Fee**                              | 0.0001 ETH as Keeper’s network fee (gas) for executing positions and orders                                    |
| **Liquidation Fee**                            | USD 5 (for full liquidation only)                                                                              |

## Cronos zkEVM

| Type of Fee                                    | Amount                                                                                                         |
| ---------------------------------------------- | -------------------------------------------------------------------------------------------------------------- |
| **Trading Fee (Opening or closing positions)** | 0.05% of position size                                                                                         |
| **Borrowing Fee**                              | (assets borrowed) / (total assets in pool) \* 0.01% per hour                                                   |
| **Swap Fee**                                   | <p>Non-stables: 0 - 1% of trade size, depending on FLP capacity<br></p><p>Stables: 0 - 0.06% of trade size</p> |
| **Buy/Sell FLP**                               | 0 - 0.75%, based on individual token’s weightage in FLP                                                        |
| **Execution Fee**                              | 1 zkCRO as Keeper’s network fee (gas) for executing positions and orders                                       |
| **Liquidation Fee**                            | USD 5 (for full liquidation only)                                                                              |

{% hint style="info" %}
If you have fee related questions, please check our [FAQ page](/fulcrom-finance/additional/faq).
{% endhint %}


# Revenue Share

Fulcrom aims to provide a sustainable share of protocol revenue to our $FUL and FLP holders.&#x20;

Revenue from all the fees collected are distributed as follows:

* 20% shared to **Staking Pool ($FUL Stakers)**
* 20% shared to **Fulcrom** **Treasury**
* 60% shared to **Fulcrom Liquidity Pool ($FLP Holders)**

{% content-ref url="/pages/BalpOvBovcZUqUvTWaDy" %}
[Tokenomics](/fulcrom-finance/about-fulcrom/tokenomics)
{% endcontent-ref %}


# Liquidation

<table><thead><tr><th width="211.5">Item</th><th>Details</th></tr></thead><tbody><tr><td><strong>Minimum Margin Ratio</strong></td><td>1%</td></tr><tr><td><strong>Liquidation Fee</strong></td><td>USD 5 (for full liquidation only)</td></tr><tr><td><strong>Liquidation Scenario</strong></td><td><p><strong>Full Liquidation</strong> - there is no remaining user collateral remaining </p><ul><li>original collateral &#x3C; loss</li><li>(original collateral - loss) &#x3C; (borrowing fee + margin fee)</li><li>(original collateral - loss) &#x3C; (borrowing fee + margin fee + fixed liquidation fee)</li></ul><p><strong>Partial Liquidation</strong> - there is remaining user collateral</p><ul><li>(original collateral - loss) * 100 &#x3C; position size</li></ul></td></tr></tbody></table>


# Tokenomics

$FUL is the native governance token of Fulcrom with a total supply of 20,000,000,000 (20 billion). It can be staked within the Fulcrom ecosystem to earn protocol rewards and revenue. $FUL will have more utilities on the trading platform in the future.

## Cronos

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FWTVBQMzJmIewDaSkR2Jn%2Fimage.png?alt=media&amp;token=a9221366-ecf7-45d5-96f9-29c04619785d" alt=""><figcaption></figcaption></figure>

* 12% of the total supply will be locked on Cronos and minted on zkSync Era
* Another 12% of the total supply will be locked on Cronos and minted on Cronos zkEVM

## zkSync Era

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2F33z8tefHKmV7ABGn9GEX%2FzkSync%20Token%20Distribution%20(1).jpg?alt=media&amp;token=401d2b77-4b45-4c41-9099-2b30d230734d" alt=""><figcaption></figcaption></figure>

## Cronos zkEVM

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FMtTAEmlmpUq2GrgUtrVo%2FCronos%20zkEVM%20Token%20Distribution.jpg?alt=media&amp;token=4859f68d-3bfb-4325-8fa5-2feb164c77a3" alt=""><figcaption></figcaption></figure>


# Roadmap

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2F7qb7M6l2QKsSuWfsRhuO%2FFulcrom%20Roadmap%202025.jpg?alt=media&amp;token=133de825-05f3-41ef-8483-f2cd5275db11" alt=""><figcaption></figcaption></figure>

## **Feb 2025**

📊 PnL and Earn charts are dropping to help you track your bag like a pro. No more guessing, just pure analytics for clear tracking

## **Mar 2025**

🪙 Say goodbye to gas fee headaches. Paymaster integration lets you trade on #Cronos #zkEVM with any token, not just the native one.

💲 Volume-based fee tiers are coming. The more you trade, the lower your fees.

🐳 🐳  Big players, this one’s for you. 🐳 🐳

## **April 2025  & Beyond**

🚀 Fulcrom V2 with synthetic pool is dropping

* For liquidity providers, you can provide liquidity in isolated pools to customize your exposure to the preferred tokens 🦺
* For traders, expect more high-volatility tokens to trading and new opportunities to profit from market movement 🏄

💰 Short on funds? Don't worry as borrow-to-trade/earn will be coming

💱 Soon you will also be able to trade on Fulcrom with your $FLP and DCA in FLP and swap

What excites you most? What’s missing? Let’s build Fulcrom together and let us know what you think on our [Discord server.](https://discord.com/invite/7cTMWnpAfd)


# Trading Module

{% content-ref url="/pages/D7CL8PMYskLgTZVRAGT6" %}
[Trading Module Features](/fulcrom-finance/core-modules/trading-module/trading-module-features)
{% endcontent-ref %}

{% content-ref url="/pages/N8goxb1F6HRLLEX43kjm" %}
[Trade Lifecycle](/fulcrom-finance/core-modules/trading-module/trade-lifecycle)
{% endcontent-ref %}

{% content-ref url="/pages/tRaQd6Krx2RjuOhzgljz" %}
[Price Oracle and Spread Mechanism](/fulcrom-finance/core-modules/trading-module/price-oracle-and-spread-mechanism)
{% endcontent-ref %}


# Trading Module Features

<table><thead><tr><th width="196.5">Features</th><th>Details</th></tr></thead><tbody><tr><td><strong>Open Order</strong></td><td><p><strong>Buy and Sell with the following order types</strong></p><ol><li><strong>Market Order</strong> - opens at current price + spread</li><li><p><strong>Limit Order</strong> - opens at desired price + spread if user wants to:</p><ul><li>Long at a lower price than now</li><li>Short at a higher price than now</li></ul></li><li><p><strong>Stop Limit</strong> - opens at desired price + spread if user wants to:</p><ul><li>Long at a higher price than now</li><li>Short at a lower price than now</li></ul></li></ol></td></tr><tr><td><strong>Collateral</strong></td><td><p><strong>The maximum value a trader is willing to risk on a trade</strong></p><ul><li>Any token within the FLP can be deposited as collateral</li><li>A min of $10.1 worth of collateral is required</li></ul><p><strong>Collateral deposited is converted to required collateral token on the backend</strong></p><ul><li>If trade is long of a FLP index token, e.g. $ETH, convert collateral to $ETH if required</li><li>If not, convert to stablecoin if required</li></ul></td></tr><tr><td><strong>Leverage Trading</strong></td><td><p><strong>Additional volatility trader is willing to take on top of his deposited collateral value</strong></p><ul><li>Capped at <strong>25x</strong> for all tokens</li></ul><p><strong>Insane Mode</strong> Leverage</p><ul><li>Unlock <strong>200x</strong> leverage after you've staked at least <strong>300 FLP</strong> on Fulcrom</li><li>Max leverage is capped at 100x on zkSync Era and Cronos zkEVM</li></ul></td></tr><tr><td><strong>Max Slippage</strong></td><td><p><strong>Maximum price deviation from your expected execution price you are willing to accept</strong></p><ul><li>1% max slippage means trade will not go through if the price moves more than 1% beyond your desired open price before you open the trade</li></ul></td></tr><tr><td><strong>Close Order</strong></td><td><p><strong>Additional orders to prevent excessive losses or to take profit automatically</strong></p><ol><li><p><strong>Market Close</strong> - closes at current price</p><ul><li>Quick way to exit position</li><li>Can receive in any supported tokens</li></ul></li><li><p><strong>Trigger Close</strong> - closes at desired price</p><ul><li>Position is open until trigger price is activated or closed</li><li>Only receive in stablecoins (USDC, USDT)</li></ul></li></ol></td></tr></tbody></table>

{% hint style="info" %}
The execution of limit order and trigger order depends on the price captured on-chain. If there is a sudden and large price fluctuation, the protocol might not be able to catch the set price and execute the order.
{% endhint %}

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FJpOkhjWDvQ8xepAheeOC%2Fpbp%20(1).svg?alt=media&amp;token=c8f2d301-2cdf-435b-8391-66068f40ed62" alt="" width="150"><figcaption></figcaption></figure>

Fulcrom's price feed is powered by [**Pyth**](https://pyth.network/) - the largest first-party financial oracle solution delivering real-time market data to over 40 blockchains in a secure, transparent manner.


# Trade Lifecycle

How your trades and positions are working

<table><thead><tr><th width="181">Stage</th><th>Details</th></tr></thead><tbody><tr><td><strong>Opening a trade</strong></td><td><p><strong>First, set up a position with a desired leveraged pair, and set slippage tolerance</strong></p><ul><li>Deposit a min of $10.1  worth of collateral</li><li>Collateral deposit is taken and converted to required FLP index token</li></ul><p><strong>Pay Trading fee and Swap fee</strong></p><ul><li>If user deposits collateral <em>outside</em> what’s required (e.g. longing ETH with USDC as collateral), user pays a swap fee to swap their token to the required collateral (e.g. protocol automatically swap USDC to ETH to complete the open position process)</li><li>Relevant fees are added to required collateral, deducted and transferred to fee pool, ultimately goes to FLP/FUL stakers and protocol treasury (as shown in <a href="https://docs.fulcrom.finance/fulcrom-finance/about-fulcrom/revenue-share">profit sharing session</a>)</li><li>See "<a href="/fulcrom-finance/about-fulcrom/fees">Fees</a>" page for details</li></ul></td></tr><tr><td><strong>During a trade</strong></td><td><p><strong>Paying Borrowing Fee on an hourly basis</strong></p><ul><li>Paid by both longs and shorts to fee pool, updated on an hourly basis</li><li>The borrowing fee is a function of the utilisation of the asset. The higher the token utilisation, the higher the borrowing fee.</li><li><strong>Borrowing fee</strong>: <br>(assets borrowed) / (total assets in pool) * <strong>0.01%</strong> per hour</li></ul><p><strong>(Optional) You are able to manage your position size and leverage level by:</strong></p><ul><li>Depositing/Withdrawing collateral to/from existing position</li><li>Creating a new position under the same long/short strategy on top of current position for the same indexed token. The newly created position will merged with the existing one and form a combined position with updated position size and leverage level</li></ul><p></p></td></tr><tr><td><strong>Closing a trade</strong></td><td><p><strong>Closing your position at your desired price</strong></p><ul><li>A user can choose what token to receive their profits / collateral in</li><li>By default, a user receives profit in index token (if you long ETH, you get ETH) or stables (if you short / long other non index tokens)</li><li>Relevant fees are taken from collateral and sent to fee pool</li></ul><p><em><strong>*Therefore, insufficient collateral may cause inability to repay fees, which could trigger liquidation!</strong></em></p><p></p><p><strong>Paying Trading fee and Swap fee</strong></p><ul><li>If user deposits collateral outside what’s required (e.g. ETH long requires ETH collateral), user pays a swap fee to swap their token to the required collateral ETH</li><li>Relevant fees are added to required collateral, deducted and transferred to fee pool</li><li>See "<a href="/fulcrom-finance/about-fulcrom/fees">Fees</a>" page for details</li></ul></td></tr><tr><td><strong>Liquidation</strong></td><td><p><strong>If the user's position falls below liquidation price or collateral left is insufficient to cover fees, the position will be liquidated and closed.</strong></p><ol><li><strong>Full Liquidation - there is no remaining user collateral</strong></li></ol><ul><li>original collateral &#x3C; loss </li><li>(original collateral - loss) &#x3C; (borrow fee + margin fee) </li><li>(original collateral - loss) &#x3C; (borrow fee + margin fee + fixed liquidation fee) </li></ul><ol start="2"><li><strong>Partial liquidation - there is remaining user collateral</strong></li></ol><ul><li>(original collateral - loss) * 100 &#x3C; position size</li></ul><p><em><strong>*User’s collateral will be utilised to pay off losses to the FLP and taken as liquidation fees which will be transferred to liquidation vaults</strong></em></p></td></tr></tbody></table>


# Price Oracle and Spread Mechanism

While Fulcrom’s trade prices and liquidations are determined by our own internal oracle, we actively reference the Pyth price feed to validate and calibrate our pricing for accuracy and reliability..&#x20;

This means that while Fulcrom isn’t directly priced by Pyth, Pyth plays a critical role in ensuring our pricing remains fair and aligned with the broader market.

When the difference between our oracle price and Pyth’s price exceeds a certain threshold (currently 2.5%), a price spread may be applied. This spread helps protect the liquidity providers and maintain platform stability during volatile market conditions. Liquidation is triggered when price reaches the minimum value in that spread range.&#x20;

For example, if our oracle price is close to Pyth’s price within the threshold, we use our oracle price directly. But if the difference is larger, we adjust the price by applying a spread to manage risk.

This mechanism can sometimes cause slight differences in price action and liquidation points compared to what users see on charts that rely solely on Pyth prices.

We are continuously reviewing and optimizing this system to balance user experience with platform safety.

{% hint style="info" %}
**TLDR** = Fulcrom uses its own oracle, but checks Pyth to stay accurate. If our price is >2.5% from Pyth, we apply a spread to protect LPs and the platform. This can cause minor price or liquidation differences vs. Pyth-based charts. We're fine-tuning the system for fairness and safety.
{% endhint %}

<details>

<summary><strong>Why doesn’t Fulcrom just use Pyth’s price oracle directly?</strong></summary>

While Pyth is a highly reliable and respected price source, relying on a single external oracle alone can expose the platform to risks like delays, outages, or price manipulation attempts.

By maintaining our own internal price oracle and comparing it with Pyth’s prices, we create an additional layer of security and control. This approach helps us:

* Ensure price stability and protect liquidity providers
* Quickly detect and respond to unusual price movements
* Apply protective spreads when there’s significant price difference, reducing unexpected liquidations

**TLDR** = Using both oracles together helps us provide a safer, more reliable trading experience for you.

</details>


# Fulcrom Liquidity Pool (FLP)

## Overview

The Fulcrom Liquidity Pool ("FLP") is an index of tokens used for swaps and leverage trading. It can be minted using any index asset and burnt to redeem any index asset.&#x20;

The price for minting and redemption is calculated based on:

***Total worth of assets in index including profits and losses of open positions / FLP Supply***

## Trading Counterparty

The purpose of the FLP is to provide a counterparty to the trading activity of traders on the platform. What this means is that when trades profit and close their position, their profit is taken from the FLP, decreasing FLP’s value. Likewise, if a trader makes a loss and closes their position or gets liquidation, their losses are taken from their collateral and given to the FLP, increasing FLP’s value.

## Real Revenue and Yield

Furthermore, FLP holders are also rewarded with 60% of all the fees paid by traders on the platform, making FLP holders the largest beneficiaries of the transaction volume generated on Fulcrom.

{% hint style="info" %}
:bulb: **Cronos zkEVM Exclusive** :bulb:

All vETH & vUSD yields earned by our smart contracts on Cronos zkEVM will be deposited into FLP automatically, which increases the AUM and price of FLP, in turn rewarding FLP stakers.

Note that the yields are deposited via the direct deposit function, so we won’t dilute the rewards earned by the FLP stakers in our community. :muscle:

Past deposit record can be accessed via this API: <https://token-rewards-api.zkevm.cronos.org/distribution-history/0x4bb74a27bfe30afd8974ac84cfea62f3e4515a7c?page=0&size=50>
{% endhint %}

## Rebalancing to achieve ideal FLP state&#x20;

Similar to LPs of stable swaps, there is no fixed proportion of tokens to be held in the pool. However, there will be costs and incentives associate with minting/redeeming FLP for tokens that have weights that vary from the ideal state of the FLP

Token weights are adjusted to help hedge FLP holders based on the open positions of traders. For example, if a lot of traders are longing ETH, then ETH would have a higher token weight, if a lot of traders are shorting, then a higher token weight will be given to stablecoins.

On a downtrend (shorting positions expected to increase), a larger weight will be given to stablecoins, intrinsic FLP value decrease is minimised, as compared to if a higher weightage of non-stablecoins were held. This works vice versa, if more traders are longing, a higher weightage will be given to non-stables.

{% hint style="success" %}
Token swapping rates in FLP are determined according to FLP targeted state where token weights will be adjusted to help hedge FLP holders.
{% endhint %}

You can check **FLP Index Composition** under ***Analytics > FLP Pool***

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2Fx8U1x5WsOcfga0bm4VAe%2FScreenshot%202023-11-08%20at%204.44.43%20PM.png?alt=media&amp;token=b430be4c-fb28-43c7-939a-c34d098b67a8" alt=""><figcaption></figcaption></figure>

### Buffer Amount

Fulcrom has set Buffer Amount for each indexed token according to their supply figures on Fulcrom.&#x20;

{% hint style="info" %}
The Buffer Amount is used to safeguard the fund in pool, protecting users by monitoring the amount of a token that is **reserved only for trading**.
{% endhint %}

When the Pool Amount is under the Buffer Amount:

1. &#x20;You will see an “insufficient liquidity” warning message under the trading pair when trying to open a position.
2. You can only open a Short Position on that trading pair. Opening Long Position will be temporarily disabled.
3. Existing positions will not be affected.
4. Swapping the affected token out of FLP will be temporarily disabled. Swapping the affected token into FLP will not be affected.

$$
SwapOutAvailableAmount = PoolAmount - BufferAmount
$$

**Once the Pool Amount is larger than the Buffer Amount, swapping and trading will resume automatically.**

You may check the composition and performance of FLP on our [Analytics](https://fulcrom.finance/analytics-our-tokens/) page.

{% hint style="success" %}
The team is also doing weekly review for this Buffer Amount parameter according to market situation and do manual adjustment if needed.
{% endhint %}

{% embed url="<https://fulcrom.finance/analytics-our-tokens/>" %}


# Liquidation Engine

## When will liquidation happen?

It is determined using the following formula:

$$
Net Collateral = Initial Collateral + Unrealized PnL - Fees
$$

*Only unrealized loss will be considered in this calculation. Any unrealized profit will not be taken into consideration*

**When Net Collateral <= 0, liquidation will be triggered.**

Under a very simplified situation:

User A opened a long position of BTC at 100 today with $10 as collateral with liquidation price showed on UI is 80

Position Fee: $0.09\
Borrow Fee: $0.01\
Liquidation Fee: $5, or 5% of collateral

User A could get liquidate if:

1. BTC price is below 80;
2. BTC price is at 85, but the leverage is high, and the unrealised loss is $20 (which will show on UI), it may cause full/partial liquidation, since collateral ($10) cannot payoff the Loss + Fees ($20+$5+$0.09+$0.01)

## How does Fulcrom calculate the liquidation price?

**Condition A: Full Liquidation**

For long positions, when markPrice is less than entryPrice, users will have negative PnL.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FXtLULx57N9JO0buLAVHf%2FScreenshot%202023-11-27%20at%205.17.55%20PM.png?alt=media&amp;token=2fb97d3f-ec48-4a86-a36f-bd602ed8b3a1" alt=""><figcaption></figcaption></figure>

When the collateral minus fee and PnL reaches 0, the position will be liquidated.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FlEo02MRP7uZNnrVyKn7C%2FScreenshot%202023-11-27%20at%205.19.29%20PM.png?alt=media&amp;token=2e8ac4fd-27c4-4ac2-8fef-3d406fe464bc" alt=""><figcaption></figcaption></figure>

When the markPrice continues to drop, the negative PnL will increase. When the remainCollateral finally reaches 0, the position will be liquidated. markPrice at that point will be the liquidation price.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2F57s0pW9GFP1R1HulP7gJ%2FScreenshot%202023-11-27%20at%205.21.00%20PM.png?alt=media&amp;token=12019d29-cc37-4658-a257-ac8ef8e519e4" alt=""><figcaption></figcaption></figure>

The liquidation price can be calculated as:

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FznPlv3lwdLULNU6lkZTt%2FScreenshot%202023-11-27%20at%205.21.35%20PM.png?alt=media&amp;token=f3f9de45-31fc-46b0-b634-b05c4177dbef" alt=""><figcaption></figcaption></figure>

**Condition B: Partial Liquidation**

For partial liquidation, fee is not taken into consideration when calculating the remainCollateral.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FFYe7gvgYPF95ECp7HSfq%2FScreenshot%202023-11-27%20at%205.22.52%20PM.png?alt=media&amp;token=a67a9fd8-e879-4f72-93f5-b5872b163b5e" alt=""><figcaption></figcaption></figure>

When the remainCollateral reaches the maxLeverage required collateral, the position will be liquidated.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FT775xxCpqhKDoxkUl3hD%2FScreenshot%202023-11-27%20at%205.24.30%20PM.png?alt=media&amp;token=d68a78eb-fd4e-4e96-a809-2921489a8aaf" alt=""><figcaption></figcaption></figure>

The liquidation price can be calculated as:

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FWMngX30eL4fTXIzVsOnq%2FScreenshot%202023-11-27%20at%205.25.34%20PM.png?alt=media&amp;token=640e3f0c-1249-4f7e-8114-06671f9f0982" alt=""><figcaption></figcaption></figure>

liquidationPrice B will be used when the following condition is met:

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FugXrfoaEUfcSyLQYtJOs%2FScreenshot%202023-11-27%20at%205.26.13%20PM.png?alt=media&amp;token=0346d397-4eed-461b-b3f9-34f4c43a7f5c" alt="" width="252"><figcaption></figcaption></figure>

Otherwise, liquidationPrice A will be used

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FJp3lio9tAdcQ9vwAj2Hs%2FScreenshot%202023-11-27%20at%205.26.57%20PM.png?alt=media&amp;token=eea22113-0794-49a4-bd33-c9f4fba56a92" alt=""><figcaption></figcaption></figure>

#### Final liquidation price is calculated as the following:

For long position:&#x20;

Liquidation price = Math.max (Liquidation price A or Liquidation price B)&#x20;

For short position:&#x20;

Liquidation price = Math.min (Liquidation price A or Liquidation price B)

where

* fees = position\_fee + liquidation\_fee + borrow\_fee
* position\_fee = position\_size \* 0.1%
* liquidation\_fee = USD 5
* borrowing\_fee is calculated based on the borrowing time and borrowing rate.

When the market is fluctuating, the [spread](/fulcrom-finance/about-fulcrom/spread) of the asset may be high, giving a higher chance of liquidation, meaning liquidation trigger point (spread + market price) could be lower than expected in a short position and vice versa.

{% hint style="warning" %}
There is possibility that your position is not liquidated at the expected specific price due to very sharp price changes.
{% endhint %}

{% hint style="warning" %}
When your position has reached the liquidation condition, you may not be able to manage your collateral / close your position as it is already pending liquidation.
{% endhint %}


# Staking Module

## Cronos

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FnjH265NpD174bRkjPz7Z%2FCronos%20Staking%20Cycle%20(1).jpg?alt=media&amp;token=c7ce8444-61a4-4ca5-8a5d-d588b6358221" alt=""><figcaption></figcaption></figure>

{% hint style="info" %}
CRO rewards are accumulated and distributed daily. \
FUL, esFUL and Boost Points are distributed based on real-time emission.
{% endhint %}

## zkSync Era

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2F2j9FIGveYKD9lSPxDneM%2FzkSync%20Staking%20Cycle.jpg?alt=media&amp;token=2d24a6ee-88a7-4805-a1ce-fc42baf70684" alt=""><figcaption></figcaption></figure>

{% hint style="info" %}
ETH rewards are accumulated and distributed daily.&#x20;

FUL, esFUL and Boost Points are distributed based on real-time emission.
{% endhint %}

## Cronos zkEVM

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FZjqmi2o7Fg51yuvq4AeD%2FCronos%20zkEVM%20Staking%20Cycle.jpg?alt=media&amp;token=c8f45645-e5a0-4b96-b546-af4fb5aa90cf" alt=""><figcaption></figcaption></figure>

{% hint style="info" %}
zkCRO rewards are accumulated and distributed daily.&#x20;

FUL, esFUL and Boost Points are distributed based on real-time emission.
{% endhint %}


# $FLP

**Fulcrom Liquidity Pool ($FLP)** is the native liquidity token of Fulcrom. It is an index token that comprises a series of bluechip assets like $BTC, $ETH, $ATOM and Stablecoins. As such, its value is partially derived from the price of its underlying assets.

$FLP acts as the counterparty of all trades that are executed on Fulcrom and earns a larger proportion of protocol revenue as compared to $FUL.&#x20;

You can buy $FLP with any of the supported assets in the FLP pool, and the $FLP will be automatically staked to earn:

* Escrowed $FUL ($esFUL)
* Protocol revenue ($CRO/$ETH/$zkCRO)

**Insane Mode Trading** will be unlocked after you've staked at least 300 $FLP on Fulcrom. It allows you to trade at up to 200X leverage on all supported assets.

{% hint style="info" %}
Note: Max leverage is capped at 100x on zkSync Era and Cronos zkEVM.
{% endhint %}

{% hint style="info" %}
:bulb: **Cronos zkEVM Exclusive** :bulb:

All vETH & vUSD yields earned by our smart contracts on Cronos zkEVM will be deposited into FLP automatically, which increases the AUM and price of FLP, in turn rewarding FLP stakers.

Note that the yields are deposited via the direct deposit function, so we won’t dilute the rewards earned by the FLP stakers in our community. 💪

Past deposit record can be accessed via this API: <https://token-rewards-api.zkevm.cronos.org/distribution-history/0x4bb74a27bfe30afd8974ac84cfea62f3e4515a7c?page=0&size=50>
{% endhint %}


# $FUL

$FUL is the native governance token of Fulcrom that can be staked within the Fulcrom ecosystem to earn protocol rewards and revenue.&#x20;

You can earn the following rewards by staking $FUL:

* Escrowed $FUL ($esFUL)
* Protocol revenue ($CRO/$ETH/$zkCRO)
* Boost Points

Read more about $FUL tokenomics here:

{% content-ref url="/pages/BalpOvBovcZUqUvTWaDy" %}
[Tokenomics](/fulcrom-finance/about-fulcrom/tokenomics)
{% endcontent-ref %}


# $esFUL

Escrowed FUL ($esFUL)

#### $esFUL is a time-locked version of $FUL, which can be:

1. Staked for rewards similar to regular $FUL
2. Vested to become actual $FUL over a period of one year
3. 1 : 1 value of $FUL

#### Staking $esFUL receives three types of rewards:

* Escrowed $FUL ($esFUL)&#x20;
* Boost Points
* Protocol revenue ($CRO/$ETH/$zkCRO)

Each staked $esFUL will enjoy the same APRs for $esFUL, protocol revenue and Boost Points as when $FUL is staked. Thus for a user with $esFUL, staking it actually increases their share of rewards similar to if they actually had staked more $FUL into the staking pool.

{% hint style="info" %}

* $esFUL rewards generated by staking $FLP will be **given at a fixed rate per second at launch**.
* You will be able to check esFUL APR and vest it into FUL after FUL IGO.
* **$esFUL is not transferable between wallets.**
  {% endhint %}


# Boost Points

Boost Points introduce the idea of protocol loyalty. Boost Points reward long term holders without inflation. When you stake $FUL or $esFUL, you receive Boost Points every second at a fixed rate of 100% APR. For example, 1000 $FUL staked for one year would earn 1000 Boost Points.

Boost Points are accrued and can be staked. Each boost point will earn the same amount of $CRO rewards as when $FUL is staked. For example, having 1000 Boost Points and 1000 $FUL staked is similar to having 2000 $FUL staked for $CRO.

When $FUL or $esFUL is unstaked, the **proportional amount of Boost Points are** **burnt**. The burn will apply to the total amount of Boost Points which includes both staked and unstaked Boost Points.

{% hint style="info" %}
For example, if 1000 $FUL is staked and 500 Boost Points have been earned so far, then unstaking 300 $FUL would burn 150 (300 / 1000 \* 500) Boost Points.&#x20;
{% endhint %}

***Boosted APR = Original APR \* (Staked Boost Points / (Staked FUL + Staked esFUL))***

<table><thead><tr><th width="228">Items</th><th>Details</th></tr></thead><tbody><tr><td><strong>Boost Points APR</strong></td><td><p>Boost Points every second at a fixed rate of <strong>100% APR.</strong></p><p></p><p>e.g. 1000 $FUL staked for one year would earn 1000 Boost Points.<br></p></td></tr><tr><td><strong>Boost Points Utility</strong></td><td>Earns the same amount of revenue as a staked token or $esFUL</td></tr><tr><td><strong>Burning Boost Points</strong></td><td><p>Unstaking $FUL or $esFUL will burn proportional amount of Boost Points</p><p>Eg. user has 1000 staked $FUL and 100 Boost Points</p><ul><li>Unstaking 500 $FUL would burn (500/1000)*100 = 50 Boost Points</li></ul></td></tr></tbody></table>


# Vesting $esFUL

Convert your $esFUL to $FUL

**$esFUL can be vested into $FUL** through depositing into $**FUL Vault** or **$FLP Vault**.&#x20;

The vesting process will happen linearly on a daily basis over the course of a year. When vesting is initiated, the initial amount of $FUL that was used to earn the $esFUL rewards will be ***reserved***.&#x20;

If you do not have enough $FUL/$FLP to be ***reserved***, you’ll either have to reduce the number of $esFUL you want to vest, or purchase more $FUL/$FLP to initiate the vesting process.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2Fjt0RniFwkD9e2oM2lL6G%2FScreenshot%202023-02-14%20at%205.54.19%20PM.png?alt=media&amp;token=9ec47c4e-903e-4e9b-bd43-61dd29034c33" alt=""><figcaption></figcaption></figure>

For example, if you earned 100 $esFUL by staking 1000 $FUL, then 1000 $FUL will be reserved to vest 100 $esFUL.

You can increase you converting power by staking $FLP/$FUL in respective vesting vault.

## How to convert $esFUL to $FUL?

1. Go to "Vest" page
2. Select FLP or FUL Vesting Vault
3. Enter the esFUL amount you would like to convert
4. Review the minimum FLP/FUL reserved amount required to initiate vesting
5. Review daily FUL vesting rate and total receivable amount in 365 days
6. Click Confirm to start vesting

## Vault Capacity and Reserve

Vault Capacity and Reserve amount are two different concepts.

* Vault Capacity means how many esFUL can be deposited in this vault for vesting.
* Reserve amount means how many staked esFUL/FUL/BP will be reserved for esFUL vesting.

Example 1

1. Base on your reserving amount , you can vest 10 esFUL
2. Base on your Vault Capacity, you can vest 9 esFUL
3. Then converting power will be 9 esFUL

Example 2

1. Base on your reserving amount , you can vest 9 esFUL
2. Base on your Vault Capacity, you can vest 10 esFUL
3. Then converting power will be 9 esFUL

{% hint style="info" %}

* The actual Reserve Required is depending on your average staked amount and cumulative rewards earned.&#x20;
* There is **no locking period on staked $FLP/$FUL**, but for user who wants to vest their earned $esFUL from staking $FUL, they will need to maintain certain amount of reserved $FUL.&#x20;
* The **reserved amount will be** **based on token amount**, the price of staked token will not affect vesting process as long as users have sufficient reserved token amount.
  {% endhint %}

With the principle above, as long as a user has never sold any of their initial $FUL, they will have sufficient $FUL to be reserved for vesting purposes.

**Staked tokens that are reserved for vesting will continue to earn rewards.** $esFUL that have been unstaked and deposited in vault(s) for vesting will not be earning staking rewards.

**$esFUL which has been locked in the vault can be withdrawn at any point of time.** However, partial withdrawals are not supported, so withdrawing will withdraw and unreserve all tokens as well as pause vesting. All $esFUL tokens that had been vested into the $FUL/$FLP vaults will remain as $FUL tokens.

<table><thead><tr><th width="215">Item</th><th>Details</th></tr></thead><tbody><tr><td><strong>Vesting Style</strong></td><td>1 year, linearly per second</td></tr><tr><td><strong>Reserved Tokens</strong></td><td><p>Average amount of token that earned the $esFUL rewards will be kept in reserve during the vesting period</p><ul><li>Users need to have a certain amount of token in order to vest their $esFUL</li><li>Users who have sold their tokens have to buy the required amount back if they wish to vest</li><li>Reserved tokens will continue earning rewards, but cannot be withdrawn</li></ul></td></tr></tbody></table>

* esFUL vest to FUL per day = total token / 365
* Duration (Days to vest all esFUL in vault) = unconverted esFUL / esFUL vest to FUL per day

{% hint style="info" %}
Deposit more in vault would update the current vesting speed.

Claiming the vested FUL will not affect the current vesting speed.
{% endhint %}

## Vesting Scenarios

### 1. If you claim your FUL during vesting period

**The speed or duration will not changed**

Day 1: stake 365esFUL to vest, receive 1 FUL per day

* Vesting speed = 365 esFUL/365 days = 1 FUL per day

Day 10: claim 10 FUL to wallet&#x20;

* Convert 10 esFUL to 10 FUL, 355 esFUL left
* To vest amount = 355 esFUL
* Vesting duration left = 355 days to vest remaing 355 esFUL

### 2. If you deposit more during vesting period

**Both speed and duration will change**

Day 1: stake 365esFUL, receive 1 FUL per day

* Vesting speed = 365 esFUL/365 days = 1 FUL per day

Day 10: Deposit additional 10 esFUL

* Tokens in vault = 375 esFUL
* Incorporate an update from the newly added 10 esFUL
* Vesting duration left: unconverted esFUL / FUL per day = 355.2667

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2Fo0DRca84H6xsV8Wg5nZF%2Fimage.png?alt=media&amp;token=9005bf69-2fcb-45a1-9397-82449701c52f" alt=""><figcaption><p>You can check how much FUL you can convert per day when you confirm to start the vesting process</p></figcaption></figure>


# Staking Parameters

More details to be announced soon

<table><thead><tr><th width="195.5">Staking</th><th>Details</th></tr></thead><tbody><tr><td><strong>Revenue Share</strong></td><td><ul><li><strong>20%</strong> to $FUL stakers</li><li><strong>20%</strong> Protocol treasury</li><li><strong>60%</strong> of fees directed to $FLP holders</li></ul></td></tr><tr><td><strong>Boost Points APR</strong></td><td><p>Boost Points every second at a fixed rate of <strong>100% APR</strong>. </p><p></p><p>e.g. 1000 $FUL staked for one year would earn 1000 Boost Points.</p></td></tr><tr><td><strong>$esFUL Vesting Period</strong></td><td>1 year, linearly per second</td></tr></tbody></table>


# Referral Program

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FQ2oWCyxFa3qhvZejq6rT%2FReferral%20Program.jpg?alt=media&amp;token=5333baff-33cb-4edb-bc14-574f1995b32d" alt=""><figcaption></figcaption></figure>

**Referral Program** allows you to refer other users to trade on Fulcrom. Both Referrers and Referees can earn rewards through such referrals. By sharing and/or applying unique referral codes, both parties can receive trading discounts and rebates on trade volumes.&#x20;

**Referrers** are users who generate and share their unique referral code with other users to earn rebates from those users’ trades. Users who use the referral code to trade with fee discount are **Referees**. All Fulcrom users can be both a Referrer and a Referree.

The Referral Program is subject to the [Fulcrom Terms of Use](https://fulcrom.finance/docs/termsandconditions.pdf). By participating in the Referral Program, all Referrers and Referees agree to accept the Terms of Use.

## How does it work?

**Referees**: Get position fee discounts automatically when opening and closing positions after applying a referral code. The discount rate depends on the Referrer's tier.

**Referrers**: Earn rebates on the total position fees generated from Traders using your unique referral code. Rebates are paid in the traded token by the Traders. Total Rebates will be accumulate in your "Claimable Rebates" and can be withdrawn via “Dashboard”.&#x20;

**Tiers**: Higher tiers provide better rewards.&#x20;

Referrers must&#x20;

* Meet and maintain the FLP staking requirement to activate their referral code
* Fulfill Active Trader requirement to upgrade tiers over time
* Ensure the prerequisites are met, so that Traders can enjoy the fee discounts while Referrers can earn the rebates

{% hint style="info" %}
🎉 **Limited Time Offer** 🎉

To celebrate our achievements in 2023,

you can now earn up to **15% rebates** by referring your friends to Fulcrom,

while they can enjoy up to **10% discount** on position fees from our revenue pool.
{% endhint %}

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FqoViqJYKbOUkxouMfXok%2FREFERRAL%20TABLE%20(1).png?alt=media&amp;token=e055d330-eccb-4d81-8c4c-6e0838c08194" alt=""><figcaption></figcaption></figure>

**Active Trader definition**: The Trader has opened/closed at least 1 position with referral code applied within the past 30 days. This includes either market orders or limit orders.

**Tiering** will be based on the number of active traders using the referral code within the last 30 days. FLP staking requirement will affect the active/inactive status of the relevant tier.

For example, if a Referrer is in Black Tier, once they unstake 300 FLP, their Black Tier will become inactive, rather than being downgraded to no tier at all.

However, if Referrer is in Black Tier and doesn't fulfill the requirement of having 5 active traders using his referral code within the last 30 days, it will be downgraded to Gold or Silver Tier, depending on the number of active traders using his referral code.

{% hint style="info" %}
Note that the Referral Program is chain-specific. You will need to generate/apply separate codes for Cronos, zkSync Era, and Cronos zkEVM respectively.
{% endhint %}


# How to apply referral code?

**Step 1.** Go to Fulcrom homepage. Click on “Referrals” and click on “Input Referral Code”.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FwrHYrVlXtolwvoanBpDC%2FReferral-Quick-link-Mobile%20(1).png?alt=media&amp;token=fc0ea84d-103a-4aa4-9cc2-527fc151e132" alt="" width="375"><figcaption></figcaption></figure>

**Step 2.** Enter your referral code and click on the right arrow.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FWfGToKmCJeu6fBZn0RNs%2FReferral-Referral-page-default-Mobile.png?alt=media&amp;token=4ea1ad00-3666-4a27-a222-cd9d893d1281" alt="" width="374"><figcaption></figcaption></figure>

You may also remove the referral code or apply another code here.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FAxlWYRJboYvK8RucScrv%2FReferral-Remove-applied-code.png?alt=media&amp;token=3c6a6bab-c1ed-4c24-b750-dff2e2134c1f" alt="" width="373"><figcaption></figcaption></figure>


# How to generate my referral code?

**Step 1.** Go to Fulcrom homepage. Click on “Referrals”.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FwrHYrVlXtolwvoanBpDC%2FReferral-Quick-link-Mobile%20(1).png?alt=media&amp;token=fc0ea84d-103a-4aa4-9cc2-527fc151e132" alt="" width="375"><figcaption></figcaption></figure>

**Step 2.** Click on “Generate My Code” and approve the transaction on your wallet. Gas fee will be applied.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FWfGToKmCJeu6fBZn0RNs%2FReferral-Referral-page-default-Mobile.png?alt=media&amp;token=4ea1ad00-3666-4a27-a222-cd9d893d1281" alt="" width="374"><figcaption></figcaption></figure>

**Step 3.** Your referral code has been generated successfully, and you can now share the referral code with your friends via direct link or Twitter.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FMeSFENftIKjT9jEV0zyv%2FReferral-Share-code.png?alt=media&amp;token=70ed7787-2bab-40de-b0af-5d74d4395063" alt="" width="374"><figcaption></figcaption></figure>

{% hint style="info" %}
Please note that while you can still share your referral code with your friends, you need to stake at least 300 FLP to start enjoying rebates.
{% endhint %}

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FzEDmHuIL16o1yYCl7mZy%2FReferral-Share-my-code-One-more-step.png?alt=media&amp;token=62d97dd4-4058-44fa-b3d8-c12181ad2734" alt="" width="375"><figcaption></figcaption></figure>


# How to claim my rebates?

**Step 1.** Go to “Dashboard”. Under “Total Available Rewards (Earn & Referrals)”, click on “Claim/Compound”.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2F00srGogAr75eWuFyjujO%2FClaim%202.png?alt=media&amp;token=dfcfa824-7e0b-4eda-aa11-adf35bd4d1af" alt="" width="375"><figcaption></figcaption></figure>

**Step 2.** Review the breakdown of the rewards available and select claim or compound. Approve the transaction on your wallet.

**Note:**

1. Rebate Rewards can only be claimed to your wallet directly.
2. Claiming earn and rebate rewards will trigger two transactions

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FAjkdvsSmkhLPPC4g8Ack%2FClaim%203.png?alt=media&amp;token=a7466c6f-82a2-4b5e-9b81-3d67b3db7fca" alt="" width="375"><figcaption></figcaption></figure>


# How to check my membership tier and earnings?

**Step 1.** Go to “Dashboard” and click on the Referral Program card.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2F00srGogAr75eWuFyjujO%2FClaim%202.png?alt=media&amp;token=dfcfa824-7e0b-4eda-aa11-adf35bd4d1af" alt="" width="375"><figcaption></figcaption></figure>

**Step 2.** Under “Membership Center”, you can&#x20;

* Check your membership tier
* Access your referral code and share with your friends
* Track your progress of membership tier upgrade
* View the breakdown of your referral earnings

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FiEMcyQy20OebiC8XkjeY%2FMembership.png?alt=media&amp;token=4f8fd5b4-6c53-4215-bf72-97cc4209f0c3" alt="" width="374"><figcaption></figcaption></figure>


# FAQ

**1. Must I fulfill the prerequisites of Silver Tier in order to generate a referral code?**

No. All Fulcrom users are free to generate a referral code. However, you will need to fulfill the prerequisites in order to start earning rebates as Referrers / enjoy fee discounts as Referees.

**2. I’m a Trader and I’ve already applied a referral code. Can I apply a new referral code from another Referrer?**

Yes. You can apply a new referral code to your wallet. The latest code and its corresponding discount will override the previous code. Please note that the fee discount depends on the tier of the Referrer.

**3. I’m a Referee and I’ve applied a referral code, but why can’t I enjoy fee discounts on my trades**

Your fee discounts depend on the tier and status of the Referrer’s referral code. It is possible that the Referrer fails to meet the staking requirement of having at least 300 FLP staked, leading to an inactive referral code. In this case, Referees will not be able to enjoy fee discounts, while Referrers will not be able to earn rebates.

**4. I’m a Referrer and I perform trades on my own as well. Can I use my own referral code to enjoy fee discounts?**

No. Once your wallet is registered as a Referrer on our referral smart contract and you have created your unique referral code, you will not be able to apply the same code as a Referee.

While all Fulcrom users can be both Referrers and Referees, they will not be entitled to their own referral code discount. They are, however, welcome to use a referral code from other Referrers.

**5. How often will the rebates be distributed to the Referrer?**

Rebate rewards are earned automatically when the Traders open and close positions. They will accumulate under “Claimable Rewards” on “Dashboard”, and you are free to withdraw the rewards anytime.

**6. Is there a limit to the number of referrals for each Referrer?**

No. You can refer as many users as you want using the same referral code.

<br>


# Terms of Use

The Referral Program is subject to the [Fulcrom Terms of Use](https://fulcrom.finance/docs/termsandconditions.pdf). By participating in the Referral Program, all Referrers and Referees agree to accept the Terms of Use.

{% file src="/files/stUInOfVtTUsyS4xpn4g" %}


# Trade Square

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FBbKWYqYrT09rsY5uMbUA%2FTrade%20Square.jpg?alt=media&amp;token=6d5b705a-95b9-4478-a1a8-91845e7cbb45" alt=""><figcaption></figcaption></figure>

Introducing **Trade Square** - Fulcrom's New Social Trading Feature

Trade Square introduces an exciting new social trading environment where you can explore top traders, follow their every move, and even mirror their winning strategies. It's your chance to step out of the shadows and into a vibrant community that will take your trading to the next level.

Here's how Trade Square enhances your trading experience:

**Trending in the Spotlight**

The Explore page spotlights top and trending traders, so you can discover who's the hot favorite traders right now and follow their footsteps.&#x20;

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FetgnCmo23hOguGKIPDdk%2FTrending%20Traders.png?alt=media&amp;token=01921fcb-3815-4618-a417-befc194dacb4" alt=""><figcaption></figcaption></figure>

**Follow the Big Winners**

Dig into traders' stats and track records to find the most profitable players. With our leaderboards ranked by PnL, volume and more, you'll be able to identify winners worth following. Analyze their performance and strategies to determine if they're a trading talent to emulate.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FGrKRFEcwlb1YP0zB1ch2%2FTop%2050%20traders.png?alt=media&amp;token=fccba2b2-82fb-4199-868a-ff0f6a364b45" alt=""><figcaption></figcaption></figure>

**Mirror Their Moves**&#x20;

When you follow a trader, you can see every trade they make in real-time. Mirror their positions to execute the similar trades and capitalize on their winning formula.

**Show Off Your Skills**

Build your personal brand and showcase your talent by climbing Trade Square's leaderboards. With our stats tracking, your trading performance will speak for itself. Gain a following, then share and discuss strategies with your new fans!

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2F6VU8PWt3N9ghDxHasBvM%2FMirror%20their%20moves.jpg?alt=media&amp;token=05fc8f81-c34e-4cb7-a2d3-2761d3e79e84" alt=""><figcaption></figcaption></figure>

Step into the Trade Square to advance your skills while immersing yourself in an exciting community of perpetual traders now: <https://fulcrom.finance/en/leader-board/>

Don’t forget to join our Discord forum to exchange trading strategies and insights as well: <https://discord.com/invite/7cTMWnpAfd><br>


# Circuit Breaker

Security and stability

{% hint style="success" %}
Circuit Breaker aims to protect Traders and FLP holders under temporary market fluctuations.
{% endhint %}

## What is Circuit Breaker?

Circuit Breaker is designed to minimize the impact of market volatility on trading activity and protect users from significant losses. When triggered, Circuit Breaker will pause trading activity and prevent any new orders from being placed until market conditions stabilize.

## When will Circuit Breaker be triggered?

Circuit Breaker will be triggered under two conditions:

### Condition 1: Market volatility

Our keeper bot monitors individual token price in real time. When there is a 20% drop in price of token(s) within 5 minutes, Circuit Breaker will be triggered and applied to the affected token(s).

### Condition 2: Imbalanced short-to-long open interest ratio

When a token's short open interest is over a set threshold, and if the ratio of short-to-long open interest is larger than a set value, Circuit Breaker will be triggered and users will not be able to open short positions on the token(s) temporarily.&#x20;

{% hint style="info" %}
Circuit Breaker does NOT apply when the ratio of long-to-short open interest is larger than the set value.
{% endhint %}

See the table below for details:

**Cronos**

<table><thead><tr><th width="107.33333333333331" align="center">Token</th><th width="286" align="center">Max Short Open Interest</th><th align="center">Max Short-to-long Open Interest Ratio</th></tr></thead><tbody><tr><td align="center">AAVE</td><td align="center">USD 150,000</td><td align="center">2</td></tr><tr><td align="center">ADA</td><td align="center">USD 150,000</td><td align="center">2</td></tr><tr><td align="center">ATOM</td><td align="center">USD 150,000</td><td align="center">2</td></tr><tr><td align="center">BCH</td><td align="center">USD 150,000</td><td align="center">2</td></tr><tr><td align="center">BTC</td><td align="center">USD 200,000</td><td align="center">2</td></tr><tr><td align="center">CRO</td><td align="center">USD 150,000</td><td align="center">2</td></tr><tr><td align="center">DOGE</td><td align="center">USD 150,000</td><td align="center">2</td></tr><tr><td align="center">ETH</td><td align="center">USD 200,000</td><td align="center">2</td></tr><tr><td align="center">HBAR</td><td align="center">USD 150,000</td><td align="center">2</td></tr><tr><td align="center">LION</td><td align="center">USD 150,000</td><td align="center">2</td></tr><tr><td align="center">LTC</td><td align="center">USD 150,000</td><td align="center">2</td></tr><tr><td align="center">NEAR</td><td align="center">USD 150,000</td><td align="center">2</td></tr><tr><td align="center">PAXG</td><td align="center">USD 150,000</td><td align="center">2</td></tr><tr><td align="center">PENGU</td><td align="center">USD 150,000</td><td align="center">2</td></tr><tr><td align="center">PEPE</td><td align="center">USD 150,000</td><td align="center">2</td></tr><tr><td align="center">SHIB</td><td align="center">USD 150,000</td><td align="center">2</td></tr><tr><td align="center">SOL</td><td align="center">USD 150,000</td><td align="center">2</td></tr><tr><td align="center">SUI</td><td align="center">USD 150,000</td><td align="center">2</td></tr><tr><td align="center">TRUMP</td><td align="center">USD 150,000</td><td align="center">2</td></tr><tr><td align="center">UNI</td><td align="center">USD 150,000</td><td align="center">2</td></tr><tr><td align="center">WIF</td><td align="center">USD 150,000</td><td align="center">2</td></tr><tr><td align="center">XRP</td><td align="center">USD 150,000</td><td align="center">2</td></tr></tbody></table>

**zkSync Era**

<table><thead><tr><th width="101" align="center">Token</th><th width="295" align="center">Max Short Open Interest </th><th align="center">Max Short-to-long Open Interest Ratio</th></tr></thead><tbody><tr><td align="center">BTC</td><td align="center">USD 200,000</td><td align="center">3</td></tr><tr><td align="center">ETH</td><td align="center">USD 200,000</td><td align="center">3</td></tr><tr><td align="center">ZK</td><td align="center">USD 100,000</td><td align="center">3</td></tr></tbody></table>

**Cronos zkEVM**

<table><thead><tr><th width="104.12890625" align="center">Token</th><th width="296.2734375" align="center">Max Short Open Interest</th><th align="center">Max Short-to-long Open Interest Ratio</th></tr></thead><tbody><tr><td align="center">BTC</td><td align="center">USD 200,000</td><td align="center">2</td></tr><tr><td align="center">vETH</td><td align="center">USD 200,000</td><td align="center">2</td></tr></tbody></table>

## What will happen when Circuit Breaker is triggered?

### Condition 1: Market Volatility

Trading activities of the affected pair(s) will be paused for 15 minutes. During the period:

* You will not able to open new market order for the affected token(s)
* You will not able to open new limit order for the affected token(s)
* You will be able to close existing position for the affected token(s)

It has a predetermined time-out period for **15 minutes**, after which it will be automatically lifted and trading activities will resume.

You will see the following pop-up for the affected trading pair(s):

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FsMwqaHLgEhR0BzUyGuWe%2FCircuit%20Breaker%20UI.jpg?alt=media&amp;token=e47d762a-d3d6-482b-87d8-a8405b29ab0e" alt=""><figcaption></figcaption></figure>

{% hint style="warning" %}
There will be a manual feature to override the predetermined timeout period if it requires more time to implement a solution.
{% endhint %}

### Condition 2: Imbalanced short-to-long open interest ratio

Opening short position on the affected trading pair will be prohibited until the triggering conditions are not longer satisfied.&#x20;

## How will this benefit me as a Fulcrom user?

## As a Trader

When token price drops for 20% in 5 mins, there is a high chance that the price spread is large, causing users to accidentally open trade or swap tokens at an unfavourable price.

Circuit Breaker protects traders from sudden and drastic price movements. They provide a temporary halt in trading, which allows investors to regroup, evaluate their strategies, and make more informed decisions. This helps prevent investors from making rushed or emotionally-driven trades during highly volatile market conditions.

## As a FLP holder

Circuit Breaker will help stabilize FLP status from market volatility and prevent the liquidity on our FLP pool to be drained away.


# Notifications

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FJ0srm9QRBOkc3wdoEMsL%2FNotification.jpg?alt=media&amp;token=f928358a-4c24-4a5b-8a7d-5bd78f7bd7be" alt=""><figcaption></figcaption></figure>

Introducing **Fulcrom Notification** powered by [Cronos ID](https://notification.cronosid.xyz/) :bell::calling:

Get **real-time trade updates** on your Telegram or our website with Fulcrom Notification, and enjoy a seamless experience keeping up with your positions across channels and devices.

## Key Features

:calling: **Real-Time Trade Alerts on Telegram**&#x20;

Get notified on Telegram for any opening, closing, liquidation or PnL changes for your positions in real-time. Stay on top of your trades wherever you are.

:bell: **In-App Notifications**

Receive notifications directly within the Fulcrom interface so you won’t miss a single update.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2F8JP1hnQoazePkbznUK02%2FCommunuty-Search-Desktop%20(2).png?alt=media&amp;token=98c128c1-e435-44c4-a037-f14376236337" alt=""><figcaption></figcaption></figure>

📝 **Universal Notification Board**

View all your trade notifications from both the Cronos and zkSync Era chains in one centralized board on Telegram and Fulcrom website.

## How will this benefit me as a Trader?

🔔 **Increased productivity**

Check updates seamlessly from your Telegram without needing to constantly stay on the trade page. Stay on top of trades while on the go.

**🏃Faster response times**

Receive alerts in real-time so you can take immediate actions to manage your positions.

**📝 Centralized activity feed**

Have a single board to view all your trade history, updates and announcements in one organized place.

**📱Convenience across devices**

Access your Fulcrom activity from any channel or device.&#x20;

We're committed to providing active traders with the best tools to manage their positions. More capabilities will be introduced to this notification feature.&#x20;

Enable Fulcrom Notification today to take your trading to the next level 🚀

:link: <https://fulcrom.finance/>

{% hint style="info" %}
RealizedPnL on Telegram Notifications is the value before deducting fees.
{% endhint %}


# How to start receiving notifications on Fulcrom?

**Step 1.** Click on the bell icon.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FwX8xQw7gDkYXQjqC8Y77%2FScreenshot%202024-03-18%20at%202.57%201%20(1).png?alt=media&amp;token=f8365c60-7c9a-4a16-86e0-208a66f7fc36" alt=""><figcaption></figcaption></figure>

**Step 2.** Click on “Accept the Terms” and approve on the wallet.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2F5Tg2b2vxfbcQtt7pQ2MV%2FScreenshot%202024-03-18%20at%202.57%202.png?alt=media&amp;token=b1ac101e-1b5a-4c1d-b376-f653b102cb9b" alt=""><figcaption></figcaption></figure>

**Step 3.** Click on “Subscribe” and approve on the wallet.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FJkw7ujozMaN4bwtKHXXm%2FScreenshot%202024-03-18%20at%202.58%202.png?alt=media&amp;token=5a9b8c3b-17f8-4d25-8b2a-853ce7c9c495" alt=""><figcaption></figcaption></figure>

You have successfully subscribed to the Fulcrom notifications channel. You will start receiving real-time alerts on your trades in the notifications center!

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2F8JP1hnQoazePkbznUK02%2FCommunuty-Search-Desktop%20(2).png?alt=media&amp;token=98c128c1-e435-44c4-a037-f14376236337" alt=""><figcaption></figcaption></figure>


# How to start receiving notifications on Telegram?

{% hint style="info" %}
RealizedPnL on Telegram Notifications is the value before deducting fees.
{% endhint %}

**Step 1.** Click on the bell icon.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FwX8xQw7gDkYXQjqC8Y77%2FScreenshot%202024-03-18%20at%202.57%201%20(1).png?alt=media&amp;token=f8365c60-7c9a-4a16-86e0-208a66f7fc36" alt=""><figcaption></figcaption></figure>

**Step 2.** Click on Log in with Telegram. and click “Accept” on the same website.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FYJjMvNea7IS7u2otZstZ%2FScreenshot%202024-03-18%20at%202.58%204.png?alt=media&amp;token=ccf6426c-5d9b-4878-9ea6-999cc058bcf7" alt=""><figcaption></figcaption></figure>

**Step 3.** Enter your phone number and stay on this website. Give approval on your Telegram account via another device.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FBpjPXFXKRxNTr9D2j8WG%2FCommunuty-Search-Desktop.png?alt=media&amp;token=106f6b1f-d3fa-42c9-834a-df0bfb540c74" alt=""><figcaption></figcaption></figure>

**Step 4.** Click on “Accept” to proceed.You have successfully connected your Telegram account to Fulcrom notification channel. You will start receiving notifications on your trades via Telegram.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FUkjEx2PWSEjaKkZZmeZn%2FCommunuty-Search-Desktop%20(1).png?alt=media&amp;token=7cd60453-25a2-4f7f-9bbb-81ada7b61d87" alt=""><figcaption></figcaption></figure>


# How does the liquidation warning notification work?

## What are the settings available?

1. the percentage above/below the liquidation price of your position at which a warning notification will be sent to you
2. the expiry date of your liquidation reminders
3. the frequency of liquidation reminders per position

## When will the liquidation warning notifications be triggered based on the percentage set?

**Long Positions**

*warning\_price = liquidation\_price \* (1 + threshold\_percentage / 100)*

Notification will be sent when the market price is ***less than or equal to*** the warning price.

**Short Positions**

*warning\_price = liquidation\_price \* (1 - threshold\_percentage / 100)*

Notification will be sent when the market price is ***greater than or equal to*** the warning price.


# Take Profit & Stop Loss Orders

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FMc6aHj19X0cyOcUU7TTb%2FTPSL.jpg?alt=media&amp;token=a8355aa0-1860-469b-a37e-9aad822150c4" alt=""><figcaption></figcaption></figure>

Introducing our latest feature - **Take Profit and Stop Loss Orders** :tada:

This new feature allows users to automatically close their position when predefined profit or loss thresholds are reached, so you can lock in gains and mitigate losses from open positions.<br>

## What are Take Profit and Stop Loss Orders?

**Take Profit** orders are orders placed to automatically close a position and realize profits when the market price reaches a predefined price level:

* Long Position: higher than entry price
* Short Position: lower than entry price

**Stop Loss** orders are orders placed to automatically close a position and minimize losses when the market price reaches a predefined price level:

* Long Position: lower than entry price
* Short Position: higher than entry price

✅ **Benefits**: It allows (1) better risk management and (2) flexibility to set specific buying/selling prices.&#x20;

❌ **Limitation**: This can limit your profitability if the price moves in your favor.

## How should I set the Take Profit and Stop Loss Orders?

| Direction           | Take Profit Order                                                                                         | Stop Loss Order                                                                                                                                                                                                                                                                                         |
| ------------------- | --------------------------------------------------------------------------------------------------------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| **Long Positions**  | Set it at a price level ***above*** the **entry price** where you wish to close the trade and take profit | <p>Set it at a price level</p><ul><li> <em><strong>below</strong></em> the <strong>entry price</strong> where you wish to close the trade and avoid further losses, and</li><li><em><strong>above</strong></em> the liquidation price to prevent liquidation instead of just closing position</li></ul> |
| **Short Positions** | Set it at a price level ***below*** the **entry price** where you wish to close the trade and take profit | <p>Set it at a price level </p><ul><li><em><strong>above</strong></em> the <strong>entry price</strong> where you wish to close the trade and avoid further losses, and</li><li><em><strong>below</strong></em> the liquidation price to prevent liquidation instead of just closing position</li></ul> |

## When will the Take Profit and Stop Loss Orders be triggered?

**Take Profit (TP)**

| Scenario              | Triggering Condition (Long Positions)                  | Triggering Condition (Short Positions)               |
| --------------------- | ------------------------------------------------------ | ---------------------------------------------------- |
| TP Price < Mark Price | N/A                                                    | Take Profit is triggered where Mark Price = TP Price |
| TP Price > Mark Price | Take Profit is triggered where Market Price = TP Price | N/A                                                  |

**Stop Loss (SL)**

| Scenario              | Triggering Condition (Long Positions)              | Triggering Condition (Short Positions)             |
| --------------------- | -------------------------------------------------- | -------------------------------------------------- |
| SL Price < Mark Price | Stop Loss is triggered where Mark Price = SL Price | N/A                                                |
| SL Price > Mark Price | N/A                                                | Stop Loss is triggered where Mark Price = SL Price |

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FBERh5SEgCrfuGKE1oYJj%2FTP%20SL.jpg?alt=media&amp;token=2af7d8cf-bea7-4953-bafe-6b1ccb6ebc16" alt=""><figcaption></figcaption></figure>

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FQ9ckjuFqAkYDiE5lZR1F%2FTP%20SL%20(1).jpg?alt=media&amp;token=e2aed2dd-cadd-4644-a30b-92d2587f53c1" alt=""><figcaption></figcaption></figure>

## What is Stop-Market Order?

**Stop-Market Order** is a stop order that is set to buy or sell a cryptocurrency at the market price once it has hit a specified stop price.

**Example**: You own 1 BTC, and you want to sell it only if the price drops to $45,000 or you want to buy BTC above $70000 as you predict it will break above .

✅ **Benefits**:&#x20;

* Helps protect profits and limit losses
* Can be used for both buying and selling
* Provides a layer of automation to your trading strategy

❌ **Limitations**:

* Not guaranteed to execute if the stop price is not reached
* Vulnerable to slippage, similar to market orders

## When will Stop-Market Order be triggered?

| Scenario                | Triggering Condition (Long Positions)                        | Triggering Condition (Short Positions)                       |
| ----------------------- | ------------------------------------------------------------ | ------------------------------------------------------------ |
| Stop Price < Mark Price | Placed as Market Order                                       | Stop-Market Order is triggered where Mark Price = Stop Price |
| Stop Price > Mark Price | Stop-Market Order is triggered where Mark Price = Stop Price | Placed as Market Order                                       |

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2F2JR8fPEehoTZXVihKiEU%2FSTOP%20ORDER.jpg?alt=media&amp;token=423f7fc6-b760-4bb6-abdc-a73f01c6e05e" alt=""><figcaption></figcaption></figure>

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2Fj8gzkDfDJAMKZ4cN9fPB%2FSTOP%20ORDER%20(1).jpg?alt=media&amp;token=80ce8d89-0d6b-4690-a497-e3da31f53ff9" alt=""><figcaption></figcaption></figure>

{% hint style="info" %}
Stop-Limit Order is coming soon. Stay tuned! :loudspeaker:
{% endhint %}


# How to set Take Profit/Stop Loss Orders when creating new positions?

**Step 1.** Go to “Trade” page and open a position using Market/Limit Order as usual. Then hover over the Stop Loss/Take Profit section.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FGBZ6GwDD7qBWfm2SIceE%2FOpen%20Position%201.png?alt=media&amp;token=1ad3d18d-568f-47a6-a630-cde1a9b4b43d" alt="" width="281"><figcaption></figcaption></figure>

**Step 2.** Toggle Stop Loss and Take Profit on/off based on your preference.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2Fk4Onn9e11mxZM9zBj2S7%2FOpen%20Position%202.png?alt=media&amp;token=1ab2f1cc-628e-4dd4-975b-c0f87b62728f" alt="" width="281"><figcaption></figcaption></figure>

**Step 3.** Enter the Stop Loss/Take Profit price based on your preference. Then click “Create Order”.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2F9d4ftIa5P0fbhaeeyi1k%2FOpen%20Position%203.png?alt=media&amp;token=6d7ffecd-c58b-46d4-8689-de3a6735b5a8" alt="" width="281"><figcaption></figcaption></figure>

**Step 4.** Review the order details and click “Confirm Order”. Proceed with the transaction approval on your wallet.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FFaOZsJqnWDDQBgdcjGB1%2FOpen%20Position%204.png?alt=media&amp;token=afe483db-4106-4e87-8c43-d3dd16d780ac" alt="" width="281"><figcaption></figcaption></figure>


# How to set Take Profit/Stop Loss Orders after opening positions?

**Step 1.** Go to “Trade” page and go to the “Position” tab. Under the open position you wish to close, click “Close Position” and select “Set Stop Loss/Take Profit”.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FQvUc3KFAqLKgiFctbO7y%2FClose%20Position%201.png?alt=media&amp;token=62c46525-04d5-4dd9-9595-1bfc960973e4" alt="" width="281"><figcaption></figcaption></figure>

**Step 2.** Enter the Stop Loss/Take Profit Price. Review the transaction details and click “Confirm”.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2F5EVL9h3tHTyW5YRrAMvs%2FClose%20Position%202.png?alt=media&amp;token=752fb2e3-482e-45b5-b6f9-e23588681924" alt="" width="281"><figcaption></figcaption></figure>

**Step 3.** Proceed with the transaction approval on your wallet.


# How to view the existing Take Profit/Stop Loss Orders?

**1. Chart under the trading pair**

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FQLPxs5ji2s95A6HTm9bc%2FView%201.png?alt=media&amp;token=dce1bfb3-af23-4d63-bcad-39e071182df2" alt="" width="281"><figcaption></figcaption></figure>

**2. “Order” tab under “Trade” page**

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2F2KOJT3lsS9bZlXj2VaLT%2FView%202.png?alt=media&amp;token=6d4278ef-11fd-4fbb-9a0a-cab30d84a240" alt="" width="278"><figcaption></figcaption></figure>


# Trading Competition (Cronos)

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FwNmKmC2lOD3oidnZq2ko%2FGeneral%20Template%202.jpg?alt=media&amp;token=a91a895f-ab20-4716-aa3d-1bed14045f20" alt=""><figcaption></figcaption></figure>

Trading Competition is hosted from time to time on Fulcrom. It is a great chance for our traders to learn from each other, improve their trading strategies, and win some $FUL!

Make sure you follow our [Twitter](https://twitter.com/FulcromFinance) and [Discord](https://discord.com/invite/7cTMWnpAfd) so you won't miss our next Trading Competition.


# Aug 2023

:tada:**Trading Competition Aug 2023 has ended. Congratulations to all the winners!** :tada:

Check the result here! <https://fulcrom.finance/trading-competition/>

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FKTvFIPTQyVQgA3YI31h2%2FTrading%20Competition%20Aug%202-16%20(3).jpg?alt=media&amp;token=7e5cd8e2-169f-40b6-b25a-a9795e0c1d67" alt=""><figcaption></figcaption></figure>

Trading Competition is back for our Fulcrom traders! :trophy:

**USD 10,000 worth of $FUL for the Top 20 Traders.** Only the skilled traders can ride the wave and bring the prizes home. Are you ready for this challenge?

## Trading Competition Details <a href="#dfcb" id="dfcb"></a>

⏳ **Duration**: Aug 2, 2023 9am UTC — Aug 16, 2023 9am UTC

📍 **Where**: <https://fulcrom.finance/>

:moneybag:**Prize**: **USD 10,000 worth of $FUL** for the top 20 traders on the leaderboard

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FcxubJgzgPSJRIFzIaCov%2FTrading%20Competition%20Prizes.jpg?alt=media&amp;token=dc97954f-5983-4f26-b2ca-5a5d3691774c" alt="" width="507"><figcaption></figcaption></figure>

📝 **How to participate?**

1\. Connect your crypto wallet with [Fulcrom Finance](https://fulcrom.finance/)

2\. Fund your account

* No min/max limit on how much to trade during the trading competition
* No additional entry fee or changes for you to join the competition.

3\. Start trading

* Simply open position(s) of your desired pairs as usual. Both market order or limit order will be counted into your Trading Score.&#x20;
* Your trading score will be earned automatically\*. The more trading score you earned, the higher you rank on the leaderboard.&#x20;

4\. Check your performance

* Visit our leaderboard to check your rank against the other traders

*\*Trading score will be updated every 60 seconds. Leaderboard ranking will be refreshed daily at 00:00 am UTC.*

📜 **Rules**

To ensure a fair trading competition for all participants, please take note of and follow the rules below:

* Only trades made during the competition period will be counted towards the trading volume competition.
* The use of bots or any attempts at market manipulation are forbidden and may result in disqualification.
* The competition organizer reserves the right to disqualify any participant who violates the competition rules.
* The competition organizer reserves the right to change the competition format, rules, or prizes at any time without prior notice.
* Participants are responsible for any tax liabilities arising from the prizes they receive.
* Fulcrom Finance reserves the right to make the final decision upon any dispute.

🧮 **How is Trading Score calculated?**

Below is the Trading Score formula we use for the competition. Pick your strategy to get the highest Trading Score!

> ***Each trade PnL% =*****&#x20;PnL before fees / collateral of each trade**
>
> ***Trading Score =*****&#x20;Sum of \[each trade: (PnL %) \* sqrt(volume)]**

For example, you performed 3 trades:

Trade 1: PnL 10% , volume 50K\
Trade 2: PnL -2%, volume 10K\
Trade 3: PnL 7%, volume 12K

Your trading score would be:

10% \* sqrt(50K) — 2% \* sqrt(10K) + 7% \* sqrt(12k)

{% hint style="success" %}
By using higher leverage on trades where you feel confident, you can increase your probability of winning the competition.
{% endhint %}

### &#x20;<a href="#id-1cc7" id="id-1cc7"></a>


# Jun 2023

:tada:**Trading Competition Jun 2023 has ended. Congratulations to all the winners!** :tada:

Check the result here! <https://fulcrom.finance/trading-competition/>

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FcJJEAeVNlDcZbB8RB7F0%2FTrading%20Competition%20Jun%201-14%20(3).jpg?alt=media&amp;token=6df05787-63de-448f-b803-e015a1a6218b" alt=""><figcaption></figcaption></figure>

Fulcrom will be hosting our first trading competition on Jun 1, 2023!

Not only is it a thrilling experience, but it’s also a chance to learn from other traders and improve your own strategies. We will be launching a leaderboard with the Trading Competition for you to check other traders’ performance and ranking.

The final top 20 traders on the leaderboard will be rewarding $FUL in a total of USD 10,000!

So why wait? Join the competition on 1st Jun, 2023 and take your trading skills to the next level!

## Trading Competition Details <a href="#dfcb" id="dfcb"></a>

Place: <https://fulcrom.finance/>

Duration: 1st Jun, 9am UTC — 14th Jun, 2023, 9am UTC

**How to participate in the competition?**

1. Connect your crypto wallet with [Fulcrom Finance](https://fulcrom.finance/)
2. **Fund your account**\
   There is no min/max limit on how much to trade during the trading competition, and there is no additional entry fee or changes for you to join the competition.
3. **Start trading**\
   Simply open position(s) of your desired pairs as usual, both market order or limit order will be counted into your **Trading Score**. Your trading score will be earned automatically, the more trading score you earned, the higher you rank on the leaderboard. \
   See trading score formula 👇
4. **Check your performance**\
   You will see your rank on the top bar, or more intriguingly, go to the Leaderboard page to view top traders’ performances!

*\*Trading score will be updated every 60 seconds and Leaderboard ranking will be refreshed daily at 0:00 am UTC.*

### Trading Score Formula <a href="#id-4323" id="id-4323"></a>

Below is the Trading score formula we will use for the competition. Decide your best strategy to get the highest Trading score!

> ***Each trade PnL% =*****&#x20;PnL before fees / collateral of each trade**
>
> ***Trading Score =*****&#x20;Sum of \[each trade: (PnL %) \* sqrt(volume)]**

For example, you performed 3 trades:

Trade 1: PnL 10% , volume 50K\
Trade 2: PnL -2%, volume 10K\
Trade 3: PnL 7%, volume 12K

Your trading score would be:

10% \* sqrt(50K) — 2% \* sqrt(10K) + 7% \* sqrt(12k)

{% hint style="success" %}
By using higher leverage on trades where you feel confident, you can increase your probability of winning the competition.
{% endhint %}

To ensure the fairness of the trading competition, there are few basic rules as below and Fulcrom reserve the right to make the final decision upon any dispute:

* Only trades made during the competition period will be counted towards the trading volume competition.
* The use of bots or any attempts at market manipulation are forbidden and may result in disqualification.
* The competition organizer reserves the right to disqualify any participant who violates the competition rules.
* The competition organizer reserves the right to change the competition format, rules, or prizes at any time without prior notice.
* Participants are responsible for any tax liabilities arising from the prizes they receive.

### Dates and Time <a href="#id-1cc7" id="id-1cc7"></a>

Trading Competition starts on 1st Jun, 2023 and ends on 14th Jun, 2023

## Prizes <a href="#id-8a6d" id="id-8a6d"></a>

We are giving out USD 10,000 worth of $FUL for the top 20 traders on the leaderboard

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FcxubJgzgPSJRIFzIaCov%2FTrading%20Competition%20Prizes.jpg?alt=media&amp;token=dc97954f-5983-4f26-b2ca-5a5d3691774c" alt=""><figcaption></figcaption></figure>


# zkMania (zkSync Era)


# zkMania Season 1

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2F8LDRZwii68WBtPKDu5td%2FzkMania%20Season%201.jpg?alt=media&amp;token=bff6452f-7558-4df6-bde0-689e6087a838" alt=""><figcaption></figcaption></figure>

To celebrate Fulcrom's launch on zkSync Era, we are giving away $FUL! The more you trade, the more trading points and FUL rewards you can get.

## Event Details

⏳ **Campaign Period:** Oct 5, 2023 11am UTC — Jan 5, 2024 11am UTC.&#x20;

📍 **Where:**[ https://fulcrom.finance/](https://fulcrom.finance/) - zkSync Era

💰 **Prize:** **USD 100,000 worth of $FUL** to be distributed to all eligible users based on their share of the total trading points during the Campaign Period.

:dollar: **Trading Fee:** 0.07% of position size for *limited time only*!

:currency\_exchange: **Tradable Assets**: BTC, ETH. More coming soon!

## 📝 How to participate?

**1. Connect your crypto wallet on**[ **Fulcrom Finance**](https://fulcrom.finance/) **- zkSync Era network**

**2. Fund your account**

**3. Start trading**

* Go to Fulcrom website and connect to zkSync Era network: <https://fulcrom.finance/>
* Simply open position(s) of your desired pairs as usual. Both market order or limit order will be counted into your Trading Score for the Campaign Period.
* Your trading points will be calculated automatically\*.&#x20;

**4. Check your performance**

* Visit our leaderboard to check your rank against other traders
* You can also track your trading points using the Dashboard

*\* Trading score will be updated every 60 seconds. Leaderboard ranking will be refreshed daily at 00:00 am UTC. Rankings on the leaderboard do not automatically qualify or entitle users to any trading points or rewards. Involvement in any campaign, program or competition (“Competition”) is contingent on satisfying the particular eligibility and participation rules and criteria established for that Competition. Final determination of eligibility for any Competition is subject to the sole discretion and confirmation of Fulcrom Finance.*

## 📜 Rules

To ensure a fair trading event for all participants, please take note of and follow the rules below:

* Only trades made during the event period will be counted towards the trading volume competition.
* The use of bots or any attempts at market manipulation or other bad trading practices in the event organizer’s absolute discretion (including, without limitation, wash trades, false trading, self-dealing) are forbidden and may result in disqualification.
* The event organizer reserves the right to disqualify any participant who violates the competition rules, in the event organizer’s absolute discretion.
* The event organizer reserves the right to change the competition format, rules, mechanics or prizes in its sole and absolute discretion, at any time without prior notice.
* Participants are solely responsible for any tax and reporting liabilities, and any other costs or expenses arising from the prizes they receive.
* Fulcrom Finance reserves the right to make the final decision upon any dispute.

## 🧮 How is Trading Points calculated?

Every valid trading volume of USD100 will give you 10 trading points.

For example: User A trades USD1000. They will gain (1000/100) \* 10 points = 100 points

## 💰How much FUL will I be rewarded?

It depends on your share of the total trading points gained by all traders during the Campaign Period. The more an eligible user trades, the more trading points hence FUL rewards will be claimable.

60% of the FUL rewards will be claimable via the [Dashboard](https://fulcrom.finance/en/dashboard/)  directly during the Reward Redemption Period, while the remaining 40% will be vested over 4 months (10% per month) from the time of the user’s Reward Redemption, which shall also be claimable via the [Dashboard](https://fulcrom.finance/en/dashboard/) once vested.&#x20;

The “Reward Redemption Period” is the period during which eligible recipients can claim up to 60% of their FUL rewards from the dashboard on fulcrom.finance (each such claim being a “Reward Redemption”), and it shall begin within fourteen (14) days of the end of the Campaign Period and end on a date as announced by Fulcrom Finance in its sole discretion.

## 🔍How can I check my trading points?

You can check the trading points using [Dashboard](https://fulcrom.finance/en/dashboard/) or [Trade Square Leaderboard](https://fulcrom.finance/en/trade-square/)\*. &#x20;

*\* Rankings on the leaderboard do not automatically qualify or entitle users to any trading points or rewards. Involvement in any campaign, program or competition (“Competition”) is contingent on satisfying the particular eligibility and participation rules and criteria established for that Competition. Final determination of eligibility for any Competition is subject to the sole discretion and confirmation of Fulcrom Finance.*


# zkMania Season 2

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FuvzyinyvIdHpsvjBdXLJ%2FzkMania%20Season%202%20(3).jpg?alt=media&amp;token=6573a5f2-1932-47f5-b7d6-2f7a1d4627fb" alt=""><figcaption></figcaption></figure>

zkMania is back with Season 2 this time round to incentivise our traders and stakers!  Prize money will be **USD 50,000 worth of $FUL**. The more you trade, and the more FLP you stake, the more points and FUL rewards you can get.&#x20;

## Event Details

⏳ **Campaign Period**: Feb 6, 2024 9am UTC — May 6, 2024 9am UTC.&#x20;

📍 **Where**:[ https://fulcrom.finance/](https://fulcrom.finance/) - zkSync Era

💰 **Prize**: **USD 50,000 worth of $FUL** to be distributed to all eligible users based on their share of the total points during the Campaign Period.

## 📝 How to participate?

**1. Connect your crypto wallet on**[ **Fulcrom Finance**](https://fulcrom.finance/) **- zkSync Era network**

**2. Fund your account**

**3. Start staking FLP and trading on Fulcrom**

* Open position(s) of your desired pairs as usual. Both market order or limit order will be counted into your Trading Score for the Campaign Period.
* Buy and stake FLP by purchasing with any of the supported tokens in our FLP pool.
* Your points will be calculated automatically\*.&#x20;

**4. Check your performance**

* Visit our leaderboard to check your rank against other traders
* You can also track your trading points using the Dashboard

*\*Points will be updated every 60 seconds. Leaderboard ranking will be refreshed daily at 00:00 am UTC. Rankings on the leaderboard do not automatically qualify or entitle users to any trading points or rewards. Involvement in any campaign, program or competition (“Competition”) is contingent on satisfying the particular eligibility and participation rules and criteria established for that Competition. Final determination of eligibility for any Competition is subject to the sole discretion and confirmation of Fulcrom Finance.*

## 📜 Rules

To ensure a fair trading event for all participants, please take note of and follow the rules below:

* Only trades and staking made during the event period will be counted towards the competition.
* The use of bots or any attempts at market manipulation or other bad trading practices in the event organizer’s absolute discretion (including, without limitation, wash trades, false trading, self-dealing) are forbidden and may result in disqualification.
* The event organizer reserves the right to disqualify any participant who violates the competition rules, in the event organizer’s absolute discretion.
* The event organizer reserves the right to change the competition format, rules, mechanics or prizes in its sole and absolute discretion, at any time without prior notice.
* Participants are solely responsible for any tax and reporting liabilities, and any other costs or expenses arising from the prizes they receive.
* Fulcrom Finance reserves the right to make the final decision upon any dispute.

## 🧮 How do I earn Points?

You can earn points by (A) trading or (B) staking FLP on zkSync Era.

### (A) Trading

Every valid trading volume of USD100 will give you 10 points.

For example: User A trades USD1000. They will gain (1000/100) \* 10 points = 100 point

### (B) Staking FLP

Every valid FLP staking volume of USD100 will give you 5 points. Points will be calculated to the nearest USD 100 of staking volume.&#x20;

To calculate the points earned from staking:

***Points = \[(Total FLP amount staked - Total FLP amount unstaked) \* TWAP / 100] \* 5***

* Total FLP amount staked - Total FLP amount unstaked = Net FLP amount staked
* Net FLP amount staked \* TWAP = Total USD value staked
* Total USD value staked / 100 = Number of USD 100 units
* Number of USD 100 units \* 5 points per USD 100 unit = Total points

Price of FLP is calculated using TWAP from the first deposit to the end of event, in which TWAP represents the average price point from each FLP staking during the event period:\
(USD amount staked / Amount of FLP staked) / Total number of stakes

* For each staking transaction, the price point is calculated as:\
  (USD amount staked) / (Amount of FLP staked)
* These price points from all staking transactions are then averaged to calculate the TWAP, in which the total number of staking transactions is used as the denominator to calculate the average

{% hint style="info" %}
An **additional 50,000 points** will be allocated to the **top FLP staker** at the end of the event, which will significantly boost his share of the FUL reward allocation 💰
{% endhint %}

## 💰 How much FUL will I be rewarded?

It depends on your share of the total points gained by all participants during the Campaign Period. The more an eligible user trades and stakes, the more points hence FUL rewards will be claimable.

60% of the FUL rewards will be claimable via the [Dashboard](https://fulcrom.finance/en/dashboard/)  directly during the Reward Redemption Period, while the remaining 40% will be vested over 4 months (10% per month) from the time of the user’s Reward Redemption, which shall also be claimable via the [Dashboard](https://fulcrom.finance/en/dashboard/) once vested. The “Reward Redemption Period” is the period during which eligible recipients can claim up to 60% of their FUL rewards from the dashboard on fulcrom.finance (each such claim being a “Reward Redemption”), and it shall begin within fourteen (14) days of the end of the Campaign Period and end on a date as announced by Fulcrom Finance in its sole discretion.

## 🔍 How can I check my points?

You can check the trading points using [Dashboard](https://fulcrom.finance/en/dashboard/) or [Trade Square Leaderboard](https://fulcrom.finance/en/trade-square/)\*. &#x20;

\
*\*Rankings on the leaderboard do not automatically qualify or entitle users to any points or rewards. Involvement in any campaign, program or competition (“Competition”) is contingent on satisfying the particular eligibility and participation rules and criteria established for that Competition. Final determination of eligibility for any Competition is subject to the sole discretion and confirmation of Fulcrom Finance.*


# croMania (Cronos Exclusive)

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FBDviNZGIElpaQjdnCTQg%2FcroMania.jpg?alt=media&amp;token=1b6197e9-dc5b-4e6f-9994-be48fc1e61ed" alt=""><figcaption></figcaption></figure>

We are launching **croMania - an exclusive airdrop just for the #CROFAM**! Traders and stakers on Cronos, get ready!

Total prize pool will be **USD 50,000 worth of $FUL**. The more you trade, and the more FLP you stake, the more points and FUL rewards you can get.

## Event Details

⏳ **Campaign Period**: Feb 28, 2024 9am UTC — May 28, 2024 9am UTC.&#x20;

📍 **Where**:[ https://fulcrom.finance/](https://fulcrom.finance/) - Cronos

💰 **Prize**: **USD 50,000 worth of $FUL** to be distributed to all eligible users based on their share of the total points during the Campaign Period.

## 📝 How to participate?

**1. Connect your crypto wallet on**[ **Fulcrom Finance**](https://fulcrom.finance/) **- Cronos network**

**2. Fund your account**

**3. Start trading and staking FLP**

* Open position(s) of your desired pairs as usual. Both market orders or limit orders will be counted into your Trading Score for the Campaign Period. Only executed orders will be allocated with points.
* Buy and stake FLP by purchasing with any of the supported tokens in our FLP pool.
* Your points will be calculated automatically\*.&#x20;

**4. Check your performance**

* Visit our leaderboard to check your rank against other traders
* You can also track your trading points using the Dashboard

*\*Points will be updated every 60 seconds. Leaderboard ranking will be refreshed daily at 00:00 am UTC. Rankings on the leaderboard do not automatically qualify or entitle users to any trading points or rewards. Involvement in any campaign, program or competition (“Competition”) is contingent on satisfying the particular eligibility and participation rules and criteria established for that Competition. Final determination of eligibility for any Competition is subject to the sole discretion and confirmation of Fulcrom Finance.*

## 📜 Rules

To ensure a fair trading event for all participants, please take note of and follow the rules below:

* Only trades and staking made during the event period will be counted towards the competition.
* The use of bots or any attempts at market manipulation or other bad trading practices in the event organizer’s absolute discretion (including, without limitation, wash trades, false trading, self-dealing) are forbidden and may result in disqualification.
* The event organizer reserves the right to disqualify any participant who violates the competition rules, in the event organizer’s absolute discretion.
* The event organizer reserves the right to change the competition format, rules, mechanics or prizes in its sole and absolute discretion, at any time without prior notice.
* Participants are solely responsible for any tax and reporting liabilities, and any other costs or expenses arising from the prizes they receive.
* Fulcrom Finance reserves the right to make the final decision upon any dispute.

## 🧮 How do I earn Points?

You can earn points by (A) trading or (B) staking FLP on Cronos.

### (A) Trading

Every valid trading volume of USD100 will give you 10 points.

For example: User A trades USD1000. They will gain (1000/100) \* 10 points = 100 points

### (B) Staking FLP

Every valid FLP staking volume of USD100 will give you 5 points. Points will be calculated to the nearest USD 100 of staking volume.&#x20;

To calculate the points earned from staking:

Points = \[(Total FLP amount staked - Total FLP amount unstaked) \* TWAP / 100] \* 5

* Total FLP amount staked - Total FLP amount unstaked = Net FLP amount staked
* Net FLP amount staked \* TWAP = Total USD value staked
* Total USD value staked / 100 = Number of USD 100 units
* Number of USD 100 units \* 5 points per USD 100 unit = Total points

Price of FLP is calculated using TWAP from the first deposit to the end of event, in which TWAP represents the average price point from each FLP staking during the event period:\
(USD amount staked / Amount of FLP staked) / Total number of stakes

* For each staking transaction, the price point is calculated as:\
  (USD amount staked) / (Amount of FLP staked)
* These price points from all staking transactions are then averaged to calculate the TWAP, in which the total number of staking transactions is used as the denominator to calculate the average

{% hint style="info" %}
An **additional 50,000 points** will be allocated to the **top FLP staker** at the end of the event, which will significantly boost his share of the FUL reward allocation 💰
{% endhint %}

## 💰How much FUL will I be rewarded?

It depends on your share of the total points gained by all participants during the Campaign Period. The more an eligible user trades and stakes, the more points hence FUL rewards will be claimable.

60% of the FUL rewards will be claimable via the [Dashboard](https://fulcrom.finance/en/dashboard/)  directly during the Reward Redemption Period, while the remaining 40% will be vested over 4 months (10% per month) from the time of the user’s Reward Redemption, which shall also be claimable via the [Dashboard](https://fulcrom.finance/en/dashboard/) once vested. The “Reward Redemption Period” is the period during which eligible recipients can claim up to 60% of their FUL rewards from the dashboard on fulcrom.finance (each such claim being a “Reward Redemption”), and it shall begin within fourteen (14) days of the end of the Campaign Period and end on a date as announced by Fulcrom Finance in its sole discretion.

## 🔍 How can I check my points?

You can check the trading points using [Dashboard](https://fulcrom.finance/en/dashboard/) or [Trade Square Leaderboard](https://fulcrom.finance/en/trade-square/)\*. &#x20;

*\*Rankings on the leaderboard do not automatically qualify or entitle users to any points or rewards. Involvement in any campaign, program or competition (“Competition”) is contingent on satisfying the particular eligibility and participation rules and criteria established for that Competition. Final determination of eligibility for any Competition is subject to the sole discretion and confirmation of Fulcrom Finance.*

<br>


# zkEVM Frenzy (Cronos zkEVM)

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FYHiBczZsEID1u1Gb2bLV%2FzkEVM%20Frenzy%20(1).jpg?alt=media&amp;token=a3edc4ae-aa81-4bd2-833b-046025e9c86a" alt=""><figcaption></figcaption></figure>

To celebrate our launch on Cronos zkEVM, we are running zkEVM Frenzy - a trading & staking competition! Prize will be **USD 20,000 worth of $FUL**. Trade & stake more FLP to earn points and climb the leaderboard :man\_climbing:

## Campaign Details

⏳ **Campaign Period**: Aug 15, 2024 9am UTC — Oct 15, 2024 9am UTC.

📍 **Where**:[ https://fulcrom.finance/](https://fulcrom.finance/) - Cronos zkEVM

💰 **Prize**: **USD 20,000 worth of $FUL** to be distributed to the **top 20 participants** based on their total points earned during the Campaign Period.

| Rank  | Prize                  |
| ----- | ---------------------- |
| 1     | USD6,000 worth of $FUL |
| 2     | USD4,000 worth of $FUL |
| 3     | USD3,000 worth of $FUL |
| 4-10  | USD600 worth of $FUL   |
| 11-20 | USD280 worth of $FUL   |

## :pencil: How to participate?

**1. Connect your crypto wallet on**[ **Fulcrom Finance**](https://fulcrom.finance/) **- Cronos zkEVM network**

**2. Fund your account**

(a) Bridge assets via [Cronos zkEVM Bridge](https://zkevm.cronos.org/bridge/)&#x20;

* Bridge assets if you have existing assets on Ethereum&#x20;

(b) Swap tokens via [H2 Finance](https://h2.finance)&#x20;

* Users can swap tokens if they have existing assets on Cronos zkEVM to start trading/staking on Fulcrom

**3. Start staking FLP and trading on Fulcrom**

* Open position(s) of your desired pairs as usual. Both market order or limit order will be counted into your Trading Score for the Campaign Period.
* Buy and stake FLP by purchasing with any of the supported tokens in our FLP pool.
* Your points will be calculated automatically\*.

**4. Check your performance**

* Visit our leaderboard to check your rank against other traders
* You can also track your trading points using the [Dashboard](https://fulcrom.finance/en/dashboard/)

*\*Points will be updated every 60 seconds. Leaderboard ranking will be refreshed daily at 00:00 am UTC. Rankings on the leaderboard do not automatically qualify or entitle users to any trading points or rewards. Involvement in any campaign, program or competition (“Competition”) is contingent on satisfying the particular eligibility and participation rules and criteria established for that Competition. Final determination of eligibility for any Competition is subject to the sole discretion and confirmation of Fulcrom Finance.*

## :scroll: Rules

To ensure a fair trading event for all participants, please take note of and follow the rules below:

* Only trades and staking made during the event period will be counted towards the competition.
* The use of bots or any attempts at market manipulation or other bad trading practices in the event organizer’s absolute discretion (including, without limitation, wash trades, false trading, self-dealing) are forbidden and may result in disqualification.
* The event organizer reserves the right to disqualify any participant who violates the competition rules, in the event organizer’s absolute discretion.
* The event organizer reserves the right to change the competition format, rules, mechanics or prizes in its sole and absolute discretion, at any time without prior notice.
* Participants are solely responsible for any tax and reporting liabilities, and any other costs or expenses arising from the prizes they receive.
* Fulcrom Finance reserves the right to make the final decision upon any dispute.

## :abacus: How do I earn Points?

You can earn points by (A) trading or (B) staking FLP on Cronos zkEVM.

### (A) Trading

***Trading Score of each trade = (PnL %) \* sqrt(volume)***

* where PnL% of each trade = PnL before fees / collateral of each trade
* PnL = realized PnL
* If user’s PnL% is negative, the score will be 0 and it will not go below 0.

{% hint style="info" %}
By using higher leverage on trades where you feel confident, you can increase your probability of winning the competition.
{% endhint %}

{% hint style="success" %}
**💰 Early Bird Bonus 💰**

Connect your wallet and start trading **within the first 24 hours** to receive an **additional 10% bonus** on your trading volume points **throughout the competition period**, i.e. ALL trades until the end of the campaign period will receive the 10% bonus
{% endhint %}

### (B) Staking FLP

Every valid FLP staking volume of USD100 will give you 10 points. Points will be calculated to the nearest USD 100 of staking volume.

To calculate the points earned from staking:

***Points = \[(Total FLP amount staked - Total FLP amount unstaked) \* TWAP / 100] \* 10***

* Total FLP amount staked - Total FLP amount unstaked = Net FLP amount staked
* Net FLP amount staked \* TWAP = Total USD value staked
* Total USD value staked / 100 = Number of USD 100 units
* Number of USD 100 units \* 10 points per USD 100 unit = Total points

Price of FLP is calculated using TWAP from the first deposit to the end of event, in which TWAP represents the average price point from each FLP staking during the event period:

(USD amount staked / Amount of FLP staked) / Total number of stakes

* For each staking transaction, the price point is calculated as:
* (USD amount staked) / (Amount of FLP staked)
* These price points from all staking transactions are then averaged to calculate the TWAP, in which the total number of staking transactions is used as the denominator to calculate the average

{% hint style="info" %}
If you unstake during the Campaign Period, your points will be affected as it is calculated based on ***Net** FLP amount staked \* average TWAP*.
{% endhint %}

## 🔍 How can I check my points?

You can check the trading points using [Dashboard](https://fulcrom.finance/en/dashboard/) or [Trade Square Leaderboard](https://fulcrom.finance/en/trade-square/)\*. &#x20;

\
*\*Rankings on the leaderboard do not automatically qualify or entitle users to any points or rewards. Involvement in any campaign, program or competition (“Competition”) is contingent on satisfying the particular eligibility and participation rules and criteria established for that Competition. Final determination of eligibility for any Competition is subject to the sole discretion and confirmation of Fulcrom Finance.*


# Fulcrom Mayhem

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FqOlfNjZsNRO0gmTi80i6%2FFulcrom%20Mayhem.jpg?alt=media&amp;token=fcfa5cd8-4914-4373-80cc-4e6e7efdd8b7" alt=""><figcaption></figcaption></figure>

We’re back with another season of **trading competition with USD30,000 worth of $FUL** up for grabs! Trade to climb 3 separate leaderboards — **each chain has its own pool**. Simply trade to rack up points and the top traders will win their share of incredible prizes 🧗

## Campaign Details

⏳ **Campaign Period**: Feb 24, 2025 9am UTC — Mar 24, 2025 9am UTC.

**📍 Where**:[ https://fulcrom.finance/](https://fulcrom.finance/) - all 3 chains: Cronos EVM, Cronos zkEVM, zkSync Era

**💰 Prize**: There will be 3 different prize pools for the 3 chains.

### Cronos EVM

**USD 20,000 worth of $FUL** to be distributed to the **top 20 participants** based on their total points earned during the Campaign Period.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FkbVEasVNFcRFrFQbCtAX%2FFulcrom%20Mayhem%20-%20Cronos%20EVM.jpg?alt=media&amp;token=e77f4eea-9997-4c71-84e8-8f62a934b9f0" alt="" width="507"><figcaption></figcaption></figure>

### Cronos zkEVM

**USD 5,000 worth of $FUL** to be distributed to the **top 10 participants** based on their total points earned during the Campaign Period.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FWshb1n6FrEtaqoC211hX%2FFulcrom%20Mayhem%20-%20Cronos%20zkEVM.jpg?alt=media&amp;token=1a94a781-f8fb-4602-9bd5-a77dcbc74459" alt="" width="507"><figcaption></figcaption></figure>

### zkSync Era

**USD 5,000 worth of $FUL** to be distributed to the **top 10 participants** based on their total points earned during the Campaign Period.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FxbQ65jjnPusBDRxVj2Yy%2FFulcrom%20Mayhem%20-%20zkSync%20Era.jpg?alt=media&amp;token=f49f3960-37bb-4923-9405-2fefba3dc807" alt="" width="507"><figcaption></figcaption></figure>

## 📝 How to participate?

**1. Connect your crypto wallet on**[ **Fulcrom Finance**](https://fulcrom.finance/) **and select the network you want to trade on**

**2. Fund your account**

**3. Start trading on Fulcrom**

* Open position(s) of your desired pairs as usual. Both market order or limit order will be counted into your Trading Score for the Campaign Period.
* Your points will be calculated automatically\*.

**4. Check your performance**

* Visit our leaderboard to check your rank against other traders
* You can also track your trading points using the Dashboard

*\*Points will be updated every 60 seconds. Leaderboard ranking will be refreshed daily at 00:00 am UTC. Rankings on the leaderboard do not automatically qualify or entitle users to any trading points or rewards. Involvement in any campaign, program or competition (“Competition”) is contingent on satisfying the particular eligibility and participation rules and criteria established for that Competition. Final determination of eligibility for any Competition is subject to the sole discretion and confirmation of Fulcrom Finance.*

## 📜 Rules

To ensure a fair trading event for all participants, please take note of and follow the rules below:

* Only trades made during the event period will be counted towards the competition.
* The use of bots or any attempts at market manipulation or other bad trading practices in the event organizer’s absolute discretion (including, without limitation, wash trades, false trading, self-dealing) are forbidden and may result in disqualification.
* The event organizer reserves the right to disqualify any participant who violates the competition rules, in the event organizer’s absolute discretion.
* The event organizer reserves the right to change the competition format, rules, mechanics or prizes in its sole and absolute discretion, at any time without prior notice.
* Participants are solely responsible for any tax and reporting liabilities, and any other costs or expenses arising from the prizes they receive.
* Fulcrom Finance reserves the right to make the final decision upon any dispute.

## 🧮 How do I earn Points?

You can earn points by **trading** on your selected network.

***Trading Score of each trade = (PnL %) \* sqrt(volume)***

* where PnL% of each trade = PnL before fees / collateral of each trade
* PnL = realized PnL
* If user’s PnL% is negative, the score will be 0 and it will not go below 0.

{% hint style="info" %}
By using higher leverage on trades where you feel confident, you can increase your probability of winning the competition.
{% endhint %}

## :question:FAQ

**1. Must the position be opened after the campaign start date?**

No. As long as the position is closed during the campaign period, points will be earned as points are calculated based on realized PnL during campaign period.

**2. For existing positions that are closed after the campaign start time, will points be earned?**

Yes.

**3. If I have an existing position before the campaign start date and I increase the position after the campaign has started, will points be earned?**

No. Only closing a position and getting realized PnL will give you points.


# Get Started on Cronos zkEVM

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2Fpnn6PjTeALxANGOyYdhR%2FFulcrom%20on%20Cronos%20zkEVM%20(1).jpg?alt=media&amp;token=bd0d6546-61dc-459d-af10-6ca221ae51cc" alt=""><figcaption></figcaption></figure>

**Fulcrom has expanded to Cronos zkEVM** 🎉 Here’s what you can do on Cronos zkEVM:

* Trade BTC and ETH at up to 100x leverage, with a wide range of advanced trading tools
* Provide liquidity to FLP, stake FUL and esFUL to earn fees & emission
* While holding vETH and vUSD earns you yield, maximize your return now by staking in FLP to earn fees & emission. What’s more is that the vETH & vUSD yield earned by our smart contracts will be auto-deposited into FLP, rewarding all FLP stakers!

{% hint style="info" %}
:fire: **Limited Time Offers** :fire:

To celebrate our launch, we have prepared these special offers for our community as well:

* [zkEVM Frenzy - Trading & Staking Competition](/fulcrom-finance/other-features/zkevm-frenzy-cronos-zkevm)
* [Trading fees lowered to 0.05% of position size across all chains](/fulcrom-finance/about-fulcrom/fees)
  {% endhint %}

Before you can start trading & staking on Cronos zkEVM, you need to fund your account on this chain. This can be done by one of the following ways:

1. [Bridge your asset via the official bridge if you have assets on Ethereum](/fulcrom-finance/additional/get-started-on-cronos-zkevm/bridge-asset-via-official-bridge)
2. [Swap tokens via H2 Finance if you have existing assets on Cronos zkEVM](/fulcrom-finance/additional/get-started-on-cronos-zkevm/swap-via-h2-finance)

{% hint style="info" %}
If you want to understand more about Cronos zkEVM, its yield-bearing tokens, and the bridge, please visit their official documentations here: <https://docs-zkevm.cronos.org/>

If you want to check the past deposit record of the vUSD & vETH yield earned by our smart contract, you may visit this API:[ https://token-rewards-api.zkevm.cronos.org/distribution-history/0x4bb74a27bfe30afd8974ac84cfea62f3e4515a7c?page=0\&size=50](https://token-rewards-api.zkevm.cronos.org/distribution-history/0x4bb74a27bfe30afd8974ac84cfea62f3e4515a7c?page=0\&size=50)
{% endhint %}


# Bridge Asset via Official Bridge

You can bridge assets from Ethereum to Cronos zkEVM to obtain zkCRO, vETH, and vUSD.

* zkCRO can be used to pay fees
* vETH and vUSD can be used for trading & staking


# How to deposit CRO for zkCRO

zkCRO can be used across the Cronos zkEVM ecosystem. Apart from using it to pay gas fees, you can also earn yield just by holding it. Depositing CRO also earns you points in the [pioneer program](https://blog.cronos.org/p/announcing-the-cronos-zkevm-pioneer).

## Before depositing CRO via the bridge

First, you need to hold CRO on Ethereum. You can purchase CRO via one of the following ways:

1. Swap on [Uniswap](https://app.uniswap.org/swap)
2. Buy on a centralized exchange and withdraw to Ethereum

## Bridging CRO from Ethereum to Cronos zkEVM

1\. Head to <https://zkevm.cronos.org> and connect your wallet.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FlQTRSnYA3EOscp7ITdJg%2Fwallet%20connection.png?alt=media&amp;token=68b0fb2a-8600-4bba-b424-058159cb725c" alt="" width="563"><figcaption></figcaption></figure>

2\. On the “Deposit” tab, in the “FROM” field select CRO. zkCRO will be automatically selected in the “TO” field.<br>

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2Faz7XXBv080DyEUgKVMdo%2Fselect%20token.png?alt=media&amp;token=b00f0f97-fec6-45e8-8828-253c9f5240cb" alt="" width="563"><figcaption></figcaption></figure>

3\. Enter the amount of CRO to bridge. Keep in mind that some additional CRO is needed to pay the gas fees.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2Fv3ANq26E5O5OrnCwNRWz%2Fenter%20CRO%20amount.png?alt=media&amp;token=57508f3b-2f55-4102-84cf-12cd4e008b0d" alt="" width="563"><figcaption></figcaption></figure>

4\. Click “Deposit”&#x20;

5\. Confirm (1) approval transaction for the bridge to spend your CRO and (2) CRO deposit transaction

6\. Your zkCRO should arrive in less than 10 minutes. You can check your zkCRO wallet balance in the top right hand corner.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2F00c7oFsOcKesqlPauMnj%2Fcheck%20zkCRO%20balance.png?alt=media&amp;token=84b89c4e-886c-4a35-bd6a-26b29f3aa408" alt="" width="563"><figcaption></figcaption></figure>


# How to deposit ETH for vETH

vETH can be used across the Cronos zkEVM Ecosystem. It is pegged 1:1 to ETH but you can earn yield just by holding it. Depositing ETH also earns you points in the [pioneer program](https://blog.cronos.org/p/announcing-the-cronos-zkevm-pioneer).

## Before depositing ETH via the bridge

First, you need to hold ETH on Ethereum. You can purchase ETH via one of the following ways:

1. Swap on [Uniswap](https://app.uniswap.org/swap)
2. Buy on a centralized exchange and withdraw to Ethereum

## Bridging ETH from Ethereum to Cronos zkEVM

1\. Head to <https://zkevm.cronos.org> and connect your wallet<br>

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FlQTRSnYA3EOscp7ITdJg%2Fwallet%20connection.png?alt=media&amp;token=68b0fb2a-8600-4bba-b424-058159cb725c" alt="" width="563"><figcaption></figcaption></figure>

2\. On the “Deposit” tab, in the “FROM” field select ETH. vETH will be automatically selected in the “TO” field.<br>

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FG3qXpwB7oCo2MvxiRpT6%2Fselect%20token.png?alt=media&amp;token=9821ee0f-c08b-44d9-9019-56c36b10812f" alt="" width="563"><figcaption></figcaption></figure>

3\. Enter the amount of ETH to bridge. Keep in mind that some additional ETH is needed to pay the gas fees.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FCIIqLEv8og20bi0iB05v%2Finput%20ETH%20amount.png?alt=media&amp;token=7f9a4641-91ed-452e-82a6-23e85dbd2744" alt="" width="563"><figcaption></figcaption></figure>

4\. Click “Deposit”.&#x20;

5\. Confirm ETH deposit transaction

6\. Your vETH should arrive in less than 10 minutes. You can check your vETH wallet balance in the top right hand corner.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FyrquihG6crx4XqjvVulv%2Fcheck%20vETH%20balance.png?alt=media&amp;token=546420d4-a695-4eaa-b8da-dfd245a0b326" alt="" width="563"><figcaption></figcaption></figure>


# How to deposit USDC for vUSD

vUSD can be used across the Cronos zkEVM Ecosystem. It is pegged 1:1 to USD but you can earn yield just by holding it. Depositing USDC also earns you points in the [pioneer program](https://blog.cronos.org/p/announcing-the-cronos-zkevm-pioneer).

## Before depositing USDC via the bridge

First, you need to hold USDC on Ethereum. You can purchase USDC via one of the following ways:

1. Swap on [Uniswap](https://app.uniswap.org/swap)
2. Buy on a centralized exchange and withdraw to Ethereum

## Bridging USDC from Ethereum to Cronos zkEVM

1\. Head to <https://zkevm.cronos.org> and connect your wallet.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FlQTRSnYA3EOscp7ITdJg%2Fwallet%20connection.png?alt=media&amp;token=68b0fb2a-8600-4bba-b424-058159cb725c" alt="" width="563"><figcaption></figcaption></figure>

2\. On the “Deposit” tab, in the “FROM” field select USDC. vUSD will be automatically selected in the “TO” field.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2F2EffD7YKmz455qJURRWz%2Fselect%20token.png?alt=media&amp;token=1efeb5e5-9a2b-4e2a-8d4f-61b1aa8cbb65" alt="" width="563"><figcaption></figcaption></figure>

3\. Enter the amount of USDC to bridge. Keep in mind that ETH is needed to pay the gas fees

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FA7HpYG7OWYIVzbOulHzj%2Fenter%20USDC%20amount.png?alt=media&amp;token=447f75ac-41ae-472d-b047-cf1aa49259c3" alt="" width="563"><figcaption></figcaption></figure>

4\. Under the hood, the bridge will swap the USDC for DAI for you before it deposits it into vUSD. Check that the slippage, price impact, and min received amount are to your liking. You may change the slippage by clicking on it.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2F1oUH4bCYN69651DyNMUH%2Fset%20slippage.png?alt=media&amp;token=3ef5dfe1-2bae-4d54-8b7e-9b3c87a7f122" alt="" width="563"><figcaption></figcaption></figure>

5\. Click “Deposit”&#x20;

6\. Confirm (1) approval transaction for the bridge to spend your USDC and (2) DAI deposit transaction

7\. Your vUSD should arrive within less than 10 minutes. You can check your vUSD wallet balance in the top right hand corner.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2F7fJFOFdzgIZVOfRiASPA%2Fcheck%20vUSD%20balance.png?alt=media&amp;token=601306a9-a35a-488b-bb0f-470efa410477" alt="" width="563"><figcaption></figcaption></figure>


# How to deposit USDT for vUSD

vUSD can be used across the Cronos zkEVM Ecosystem. It is pegged 1:1 to USD but you can earn yield just by holding it. Depositing USDT also earns you points in the [pioneer program](https://blog.cronos.org/p/announcing-the-cronos-zkevm-pioneer).

## Before depositing USDT via the bridge

First, you need to hold USDT on Ethereum. You can purchase USDT via one of the following ways:

1. Swap on [Uniswap](https://app.uniswap.org/swap)
2. Buy on a centralized exchange and withdraw to Ethereum

## Bridging USDT from Ethereum to Cronos zkEVM

1\. Head to <https://zkevm.cronos.org> and connect your wallet.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FlQTRSnYA3EOscp7ITdJg%2Fwallet%20connection.png?alt=media&amp;token=68b0fb2a-8600-4bba-b424-058159cb725c" alt="" width="563"><figcaption></figcaption></figure>

2\. On the “Deposit” tab, in the “FROM” field select USDT. vUSD will be automatically selected in the “TO” field.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FOxoh26M2gYQwiPyFVFwk%2Fselect%20token.png?alt=media&amp;token=0b0f2f6b-b600-4bba-a5a3-ae079801b2ab" alt="" width="563"><figcaption></figcaption></figure>

3\. Enter the amount of USDT to bridge. Keep in mind that ETH is needed to pay the gas fees.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FXTlIsYHhYOzRvhL8dKCa%2Fenter%20USDT%20amount.png?alt=media&amp;token=607a1a3e-6c71-4a42-b293-1fc22408636e" alt="" width="563"><figcaption></figcaption></figure>

4\. Under the hood, the bridge will swap the USDT for DAI for you before it deposits it into vUSD. Check that the slippage, price impact, and min received amount are to your liking. You may change the slippage by clicking on it.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FS4VMpLguLj0zwaZsL9bh%2Fset%20slippage.png?alt=media&amp;token=b28d6cd8-fce1-4285-9f76-411908edcaf7" alt="" width="563"><figcaption></figcaption></figure>

5\. Click “Deposit”&#x20;

6\. Confirm (1) approval transaction for the bridge to spend your USDT and (2) DAI deposit transaction

7\. Your vUSD should arrive within less than 10 minutes. You can check your vUSD wallet balance in the top right hand corner.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FqR8xgW0vlFTQ4m3XIamN%2Fcheck%20vUSD%20balance.png?alt=media&amp;token=466f2bdc-01c2-408a-9c70-a6ecad60754e" alt="" width="563"><figcaption></figcaption></figure>


# How to deposit DAI for vUSD

vUSD can be used across the Cronos zkEVM Ecosystem. It is pegged 1:1 to USD but you can earn yield just by holding it. Depositing DAI also earns you points in the [pioneer program](https://blog.cronos.org/p/announcing-the-cronos-zkevm-pioneer).

## Before depositing DAI via the bridge

First, you need to hold DAI on Ethereum. You can purchase DAI via one of the following ways:

1. Swap on [Uniswap](https://app.uniswap.org/swap)
2. Buy on a centralized exchange and withdraw to Ethereum

## Bridging DAI from Ethereum to Cronos zkEVM

1\. Head to <https://zkevm.cronos.org> and connect your wallet.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FlQTRSnYA3EOscp7ITdJg%2Fwallet%20connection.png?alt=media&amp;token=68b0fb2a-8600-4bba-b424-058159cb725c" alt="" width="563"><figcaption></figcaption></figure>

2\. On the “Deposit” tab, in the “FROM” field select DAI. vUSD will be automatically selected in the “TO” field.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FeXX4MZeoblYmNWHd4gU4%2Fselect%20token.png?alt=media&amp;token=c88061da-a39f-4f40-b974-04809f18a1e3" alt="" width="563"><figcaption></figcaption></figure>

3\. Enter the amount of DAI to bridge. Keep in mind that ETH is needed to pay the gas fees.<br>

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2Fvbc85CXelGIlwUnGCqVc%2Finput%20DAI%20amount.png?alt=media&amp;token=e3f8f245-038c-40d0-b44d-727d7c415d1b" alt="" width="563"><figcaption></figcaption></figure>

4\. Click “Deposit”&#x20;

5\. Confirm (1) approval transaction for the bridge to spend your DAI and (2) DAI deposit transaction

6\. Your vUSD should arrive within less than 10 minutes. You can check your vUSD wallet balance in the top right hand corner.

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FqfpaHTpVUzyTAUduffvW%2Fcheck%20vUSD%20balance.png?alt=media&amp;token=37135c0c-68d2-418d-ab0d-91ba08fd29e7" alt="" width="563"><figcaption></figcaption></figure>


# Swap via H2 Finance

If you have existing assets on Cronos zkEVM, you can swap tokens via [H2 Finance](https://h2.finance/) - the first DEX on the Cronos zkEVM chain.

Please refer to their [official documentations](https://docs.h2.finance/features/trade) to learn how to swap tokens.


# FAQ

<details>

<summary>My trade shows a profit, but my wallet balance seems lower. Why?</summary>

Similar to the above question, this can happen if external wallet fees are deducted directly from your wallet but not reflected in the PnL shown on the interface. Always account for both Fulcrom and external platform fees.

</details>

<details>

<summary>How can I see the Trading fees that were charged?</summary>

**Option 1: Fulcrom UI**\
To view the breakdown of all fees:

1. Visit[ fulcrom.finance](https://fulcrom.finance)
2. Connect your wallet
3. Navigate to Trade > History
4. Find the relevant transaction and expand the details
5. In the top right of the page, click the Settings logo and check the toggle for Display PnL after fees.

**Option 2: On-Chain Event Log (Advanced)**

1. Search the transaction on a block explorer like[ CronoScan](https://cronoscan.com)
2. In the Logs section, look for the following fee-related event keys:
   * `brokerFee` = Fee charged by the interface routing the transaction (e.g., On-Chain Wallet)
   * `marginFee` = Fulcrom’s open/close fee (0.05% of position size per leg) + any borrowing fees
   * `swapFee` = Applied if your margin asset was swapped during trade
   * `realizedPnL` = Actual profit/loss from the position
3. All values are in 30-decimal precision, so convert them by multiplying the raw number by `10^-30`.
   * Example: `brokerFee = 1780000000000000000000000000000` → $1.78
4. Sum these fees
   * Note: Not all costs may be visible as standalone entries. Some components, such as borrow fees, may be reflected within other values like `marginFee` or deducted over time.&#x20;

</details>

<details>

<summary>How can I avoid extra fees?</summary>

To ensure you're only paying Fulcrom’s standard fees, consider trading directly through the official Fulcrom app. If you prefer using a different interface, be sure to review their fee policies before placing a trade.

</details>

<details>

<summary>Who do I contact for support about missing funds or unclear fees?</summary>

If the issue relates to Fulcrom’s protocol (e.g. PnL, liquidation, leverage, collateral), contact Fulcrom support on Discord.\
If the issue involves missing funds, unexpected fees, or non-Fulcrom UI behavior, please contact the support team of the platform you used to initiate the trade.

</details>

<details>

<summary>Can users have multiple positions appear for the same token?</summary>

Yes, but only for short positions.&#x20;

Each position is identified by:

* indexToken (the asset you're trading, e.g., ETH)
* collateralToken (what you're using as margin, e.g., USDC or USDT)
* userAddress
* isLong (true/false)

For **shorts**, if users select different stablecoins as collateral (a short on ETH with USDC, and another with USDT), it will show up as **separate positions**.

\
For longs, the system always uses the index token as collateral (e.g., if you're long ETH, ETH is your collateral). Therefore, the collateral token = the index token. So all long positions on the same token are merged into one.

</details>


# Team

Fulcrom is led by a team of experienced professionals who are passionate in transparency and decentralisation. Our team has a strong background in finance, computer science, blockchain technology and experience in the crypto industry.&#x20;

We are committed to build a platform that meets the needs of pro traders.


# Team Wallets

<table><thead><tr><th width="185">Purpose</th><th width="265">Wallet Address</th><th>Remarks</th></tr></thead><tbody><tr><td>Team Wallet</td><td>0xFF7BBa181023a637E6F9fFfF5554C41dbb4981f4</td><td>Linear daily release over 36 months</td></tr><tr><td>Community Reserve</td><td>0x0a1e78e5e7229dec075745fa4286d6e4fd86f950</td><td></td></tr><tr><td>Marketing and Ecosystem</td><td>0x877edf10e971c0a6f19926177000aa2eba25946c</td><td></td></tr><tr><td>Partnerships</td><td>0xd35f94689329396879c5f141a06c079950903c55</td><td></td></tr><tr><td>Liquidity Management &#x26; Incentives</td><td>0x21902b3d060e190ac9284795b9e92110b4ce0718</td><td></td></tr><tr><td>Protocol Treasury</td><td>0x3E3856A57d045e5112DaED0983dF5Dd807A1Cf28</td><td></td></tr><tr><td>Team Vesting Contract</td><td>0x27E51D2B5A3283bEF4014519F095AB8dDCf023F6</td><td></td></tr></tbody></table>

{% hint style="success" %}
Above wallets are secured by team and being used according to our tokenomics.&#x20;
{% endhint %}


# Socials and Partnerships

Keep an eye on Fulcrom updates

**Discord:** <https://discord.gg/7cTMWnpAfd&#x20>;

**Telegram Announcement:** <https://t.me/FulcromFinanceAnn>

**Twitter:** <https://twitter.com/FulcromFinance>

**Medium:** <https://medium.com/@FulcromFinance>

{% hint style="danger" %}
If you have any question, do reach out to our community administrators for support and please be aware that our Community Managers will **NEVER DM you first.**
{% endhint %}

## **Partnerships**

If you're interested in collaborating with us, please complete the followingpartnership application form to reach us!

<https://airtable.com/shrJLYVyQSXykJ0X4>


# Smart Contracts

## Cronos

<table><thead><tr><th width="282">Name</th><th>Contract</th></tr></thead><tbody><tr><td>Vault</td><td>0x8C7Ef34aa54210c76D6d5E475f43e0c11f876098</td></tr><tr><td>Router</td><td>0xcC46b79eBEaA1D834B707624977Ec261592E0C9a</td></tr><tr><td>Vault Price Feed</td><td>0xa8bEA47BCFc17Bb95f9510516B648833E3Cd0446</td></tr><tr><td>Vault Error Controller</td><td>0x68F8a5D214Ce3eeCD8AC8ebD92f58842413c9d40</td></tr><tr><td>FLP</td><td>0xE789D5a4256bB4273dac49dC112c597a327ef92d</td></tr><tr><td>FLP Manager</td><td>0x6148107BcAC794d3fC94239B88fA77634983891F</td></tr><tr><td>Shorts Tracker</td><td>0xd996bE6DBdEaa8429Ff9E2D86725197Eb663148a</td></tr><tr><td>Order Book</td><td>0x1c29aeE30B5B101eDEa936Cd0cAeEc724e3B0045</td></tr><tr><td>Position Router</td><td>0x27fb69422c457452D8b6FDcb18899D9B53C3f940</td></tr><tr><td>Position Manager</td><td>0xFC399dbb0Ed942D206Ee34Cc6FcbaF1CFd60dB16</td></tr><tr><td>Reader</td><td>0x3881df9c3115aA4a2E35C080764B5Dd8112dE177</td></tr><tr><td>Order Book Reader</td><td>0x1db915E37889521e05332928F54C7c49Bd876af7</td></tr><tr><td>Vault Reader</td><td>0x2C2e10eb9f3f9D33cdE957E6d5A767b4feEE1bdA</td></tr><tr><td>Fast Price Events</td><td>0x8268Fe583bb27528CB86fFb622Fe496EeaF77022</td></tr><tr><td>Fast Price Feed</td><td>0x54a16dc46dB7Fc5DC99E41d9d464196b06c74e6e</td></tr><tr><td>Timelock</td><td>0x880a34751D8452df466ae27Ac341F987f0dAf3AE</td></tr><tr><td>Vault Utils</td><td>0x725c5AF8bb360816C8ad2Cca020f9C63B83ABccb</td></tr><tr><td>FUL</td><td>0x83aFB1C32E5637ACd0a452D87c3249f4a9F0013A</td></tr><tr><td>esFUL</td><td>0x09d7C9f284686C27A2CAFf3f2fF12e5cD3Dfe20f</td></tr><tr><td>bnFUL</td><td>0x2571470249273C7D4Ef5b531bEc539Cd6026Ce8B</td></tr><tr><td>Reward Reader</td><td>0x2275b50e92AD58787838261F06C005EAe1F0691c</td></tr><tr><td>Staked FUL Tracker</td><td>0x2a628916F85CaaF21daBa223ff2d93aA07816652</td></tr><tr><td>Staked FUL Distributor</td><td>0xF5027eaA9EC25056262b747Ab113CB48F5924050</td></tr><tr><td>Bonus FUL Tracker</td><td>0xe006ab8c1796674786Ad8cf5937EfF1baA59fA15</td></tr><tr><td>Bonus FUL Distributor</td><td>0xD8ddC6b6EDDd7A33bAcc4cE580596C7Fa351BC4D</td></tr><tr><td>Fee FUL Tracker</td><td>0x8fbD95D76EDe5a0d7EeBea756515F1A363A7f6f7</td></tr><tr><td>Fee FUL Distributor</td><td>0x1154973F8944751272EA2A19B9a9C5FB91135e4C</td></tr><tr><td>Fee FLP Tracker</td><td>0xd2985b8EBC2ce32664EF235ca1d16e5FE8AE13fD</td></tr><tr><td>Fee FLP Distributor</td><td>0xE0037027e9Ff83720f6Fa235c4C129169f690567</td></tr><tr><td>Staked FLP Tracker</td><td>0x6fCFD36A7D705608146cdD7773b531301952507E</td></tr><tr><td>Staked FLP Distributor</td><td>0x629A8dd6BfF07844b25130ed659990d65e22Baaa</td></tr><tr><td>FUL Vester</td><td>0xA461fA4BF68C72369DB4fA8eD7cba4796598F2B0</td></tr><tr><td>FLP Vester</td><td>0x27E51D2B5A3283bEF4014519F095AB8dDCf023F6</td></tr><tr><td>Reward Router</td><td>0x133B7f9570b3be8e51CCd5DA4654C3DDe7657Ae1</td></tr><tr><td>FUL Vesting</td><td>0xFF7BBa181023a637E6F9fFfF5554C41dbb4981f4</td></tr><tr><td>Fee Distributor</td><td>0x390340ecbB495aE20137E94b3a0c945f9b51e0Ef</td></tr><tr><td>Circuit Breaker</td><td>0x963c77444fbB29C2E943fFe91353AaC390588C2E</td></tr><tr><td>ReferralManager</td><td>0xd565CB10930f63FC9B5244310Aa74bFD22069934</td></tr></tbody></table>

## zkSync Era

<table><thead><tr><th width="283">Name</th><th>Contract</th></tr></thead><tbody><tr><td>Vault</td><td>0x7d5b0215EF203D0660BC37d5D09d964fd6b55a1E</td></tr><tr><td>Router</td><td>0x850Fe8be964cC5Feb3dd00CfE1364590B45e3926</td></tr><tr><td>Vault Price Feed</td><td>0x93140f8d96F6819c84FAc476E09110490E51b325</td></tr><tr><td>Vault Error Controller</td><td>0xb3Fb42b17c3f2c3d93Ea1E5413Bca01949d913DD</td></tr><tr><td>FLP</td><td>0xD939BAE19dD60634E70c8A866C1b11477fC72954</td></tr><tr><td>FLP Manager</td><td>0x84DD021B2FCA11ef1bcCADF4231c75989516308b</td></tr><tr><td>Shorts Tracker</td><td>0xBca6063d860dc9c58aE495e10634EE50bEDc71Ec</td></tr><tr><td>Order Book</td><td>0xc1088d3DD3E997aAe11F0fACb328843bAA698464</td></tr><tr><td>Position Router</td><td>0x99819F0e0927718f5FbC73d3327FF7691D0243d6</td></tr><tr><td>Position Manager</td><td>0xf2220Ae74866FF181B5922613F94d92E84f2491f</td></tr><tr><td>Reader</td><td>0xE9db75426dE53E103DBb095926f09109Df562825</td></tr><tr><td>Order Book Reader</td><td>0x64B394b7b81873e0d4b884C3A7A597BA8F21dBc1</td></tr><tr><td>Vault Reader</td><td>0xfA54f2d28D11DcE314fCd32D450c7d6faD7AD12f</td></tr><tr><td>Fast Price Events</td><td>0xf6003427174287ebB28d00AC4133d45FD4828078</td></tr><tr><td>Fast Price Feed</td><td>0x873534b54BE5a0C900798B0F775b2f0eB238e89f</td></tr><tr><td>Timelock</td><td>0x88CA1fB542A8c45cCcb0ee43042bAC616319761b</td></tr><tr><td>Vault Utils</td><td>0xe89969e752f0253Cd693a414dB780947dEdab297</td></tr><tr><td>FUL</td><td>0xe593853b4d603d5b8f21036Bb4AD0D1880097a6e</td></tr><tr><td>esFUL</td><td>0x1886DFA728ed34A1b46dECf7211Cb643a844b982</td></tr><tr><td>bnFUL</td><td>0x1C25E8dbcBa47f53e9f38aE15EE1E9528fa32709</td></tr><tr><td>Reward Reader</td><td>0x539734C868C20e2eb12C0Ab0cE84800CD53164A4</td></tr><tr><td>Staked FUL Tracker</td><td>0x54E710b22D688DF71FDB98571E2066BEE66C45dE</td></tr><tr><td>Staked FUL Distributor</td><td>0x12dde9fE177c239337F761161DCcd8C79ACD7864</td></tr><tr><td>Bonus FUL Tracker</td><td>0x1768F42e953A4C082E63597FE90A873Ed61bC3b8</td></tr><tr><td>Bonus FUL Distributor</td><td>0xd136CB555211660f7f7123fC9B3103EB92B002fD</td></tr><tr><td>Fee FUL Tracker</td><td>0x4bC4635D7bD964D7e3a1D9b471d55C092a781e3f</td></tr><tr><td>Fee FUL Distributor</td><td>0x16dB001EC85E831f0aBb5634CCDca8db385e228F</td></tr><tr><td>Fee FLP Tracker</td><td>0xc76B7152A418EB1b1f444cc65f8a7f745D6Eb609</td></tr><tr><td>Fee FLP Distributor</td><td>0x9f370F220774bf947E79759db735ed12BE00f8E3</td></tr><tr><td>Staked FLP Tracker</td><td>0x6f8681f8A33a549ADB8b906dB49BA39957C5AaF2</td></tr><tr><td>Staked FLP Distributor</td><td>0x3a4d4E42Fc56210F8AE513bB8b233F9067A46F41</td></tr><tr><td>FUL Vester</td><td>0x4d9193D87C57c0839157F8EfDE0A6Aa8f4118a33</td></tr><tr><td>FLP Vester</td><td>0x2Fb40160020Ca0F87f3D2169e2Af74F0706Ef561</td></tr><tr><td>Reward Router</td><td>0x76dF63db845027965b7f2DA9acbD5994F3524c16</td></tr><tr><td>FUL Vesting</td><td>0x233d74078c939FD3daEa5CC62cfF56dB9d2C251F</td></tr><tr><td>Fee Distributor with Vault Swap</td><td>0x022B94188219dbaFc501Abad95a6B61DF5A17E3e</td></tr><tr><td>Circuit Breaker</td><td>0x4bB06ef0FA3a1F2E5Be97741779c7170018382EF</td></tr><tr><td>Access Control Multicall 2</td><td>0xE6c1D52D1461E95dd75e497e9Ed2267c39D31E15</td></tr><tr><td>Sidechain Bridge</td><td>0x471037F3a0Ed0c4536dE7dD2302c9001954FBEd5</td></tr><tr><td>ReferralManager</td><td>0x0CF43637c3040Cf27a0b66d559e2dafaE4105992</td></tr></tbody></table>

## Cronos zkEVM

<table><thead><tr><th width="288">Name</th><th>Contract</th></tr></thead><tbody><tr><td>Vault</td><td>0xdDDf221d5293619572616574Ff46a2760f162075</td></tr><tr><td>Router</td><td>0x925C9a84Cc47A0fC43eFfFBE1d8Bb381D61f0333</td></tr><tr><td>USDG</td><td>0x31eb925496C9F46f21a333963F564Fae3A884327</td></tr><tr><td>VaultPriceFeed</td><td>0xf33bCB80dd694b85f22F89C99894e622D916F676</td></tr><tr><td>VaultErrorController</td><td>0xfeeeb762667054085929C1aEC392aF11cE0c3133</td></tr><tr><td>FLP</td><td>0xFA7F38321974d304A583d6e21964869ec37786a1</td></tr><tr><td>FlpManager</td><td>0x5649EBBb8f2784D08f4932a89F9e127b8338a3e5</td></tr><tr><td>ShortsTracker</td><td>0xcD1fd146F60A266c91439bD750E51eed2b9eBD90</td></tr><tr><td>OrderBook</td><td>0x1F1650cc835F28dE73dC425Ffb372A0eFD2Ec572</td></tr><tr><td>PositionRouter</td><td>0x770b88688d13C82E72B431744fA37ac92bd265ef</td></tr><tr><td>PositionManager</td><td>0x822421feeD7Bd922ea0d069fdfC8c9802a168Da5</td></tr><tr><td>Reader</td><td>0xB8C34b5c180e13D2F5460F91E47F9dd217Ce77b1</td></tr><tr><td>OrderBookReader</td><td>0xC32358B90131CA682BAEDfF4E86cF26893dd21b6</td></tr><tr><td>VaultReader</td><td>0x89B58b648592C7b5Db134C361F71f10648D0B1aC</td></tr><tr><td>FastPriceEvents</td><td>0x4dEC9CfE3E8f4f4c34135fF281d7274e970635b8</td></tr><tr><td>FastPriceFeed</td><td>0x11e3bf3cacC607D4aB3B810d20A43D95092d26ef</td></tr><tr><td>CronosOracle</td><td>0x63ce4d8698A1628e44737E869622F084B24C7c1a</td></tr><tr><td>Timelock</td><td>0x02aB5dB5888cCbA5c9C9c32b55B3393a15ca4B8A</td></tr><tr><td>VaultUtils</td><td>0x7Baa329293ACa87f31E44d610c0e95065eA024Bc</td></tr><tr><td>FUL</td><td>0xFB3338E2cA713B344D6A45B36525c3db156e492F</td></tr><tr><td>esFUL</td><td>0xBF8E3ddf0E64b1a2FD35572F0e36bF17b0316F51</td></tr><tr><td>bnFUL</td><td>0xE7222f933952bF1B06fc6eD360eE7eD92855Fa91</td></tr><tr><td>RewardReader</td><td>0x5BCF4A45516176c63448c6Be3cAB9603f1C46dC2</td></tr><tr><td>StakedFULTracker</td><td>0x0366Cf13eFaa80ee7127B63061cD167375541513</td></tr><tr><td>StakedFULDistributor</td><td>0x0790F016918aA5d1Ac62938331fEE34D5B043Cd8</td></tr><tr><td>BonusFULTracker</td><td>0x8D7FF55CA4B85853C0BBBED4D2e2BC4Ef643E433</td></tr><tr><td>BonusFULDistributor</td><td>0xF04c42578daa0Be9A5756F667958385DcC159CED</td></tr><tr><td>FeeFULTracker</td><td>0x2Cf7F3Ae56aF353b2aa1c92439f372c2c75Aa080</td></tr><tr><td>FeeFULDistributor</td><td>0xca4880458d287dE7fc079cE0f4dfD5c10d56a1a5</td></tr><tr><td>FeeFLPTracker</td><td>0xEeb08cDa02EDef325A86Ee3A3FA2c46da8987a68</td></tr><tr><td>FeeFLPDistributor</td><td>0xdEcddfF446B4bbc01a02B46E1c2712752A31cABb</td></tr><tr><td>StakedFLPTracker</td><td>0xbc77810a9258Fbf1AD48aA3C2D695F35d47B0353</td></tr><tr><td>StakedFLPDistributor</td><td>0xA74a066C15873efA7330DBE5E05fe1282bFCC25d</td></tr><tr><td>FULVester</td><td>0xf53B6BEd5A6FdFd5f12F984DEf19BF284fE41389</td></tr><tr><td>FLPVester</td><td>0x26a70f97494776942F32eF52D82e686B35203b6D</td></tr><tr><td>RewardRouter</td><td>0x3D0c3D1373010557A5D97b9D3D61C56CE4C74a51</td></tr><tr><td>FeeDistributor</td><td>0xC383bB82cDEC5C3f5296aa4e7D3F19c56A0C4D0B</td></tr><tr><td>CircuitBreaker</td><td>0x3a93C3c70321E3020a036FFAf4214E15d6AF117E</td></tr><tr><td>AccessControlMulticall2</td><td>0xa84dd5C68758B7c665006Ae692D210312Fa1515B</td></tr><tr><td>ReferralManager</td><td>0xCfd984f26b4B59591F7fa9EeFCe8d1f298BAebfB</td></tr></tbody></table>


# Supported Tokens

## Cronos

<table><thead><tr><th width="150.5">Token</th><th>Contract</th></tr></thead><tbody><tr><td>FLP</td><td>0xE789D5a4256bB4273dac49dC112c597a327ef92d</td></tr><tr><td>FUL</td><td>0x83aFB1C32E5637ACd0a452D87c3249f4a9F0013A</td></tr><tr><td>esFUL</td><td>0x09d7C9f284686C27A2CAFf3f2fF12e5cD3Dfe20f</td></tr><tr><td>AAVE</td><td>0xE657b115bc45c0786274c824f83e3e02CE809185</td></tr><tr><td>ADA</td><td>0x0e517979C2c1c1522ddB0c73905e0D39b3F990c0</td></tr><tr><td>ATOM</td><td>0xb888d8dd1733d72681b30c00ee76bde93ae7aa93</td></tr><tr><td>BCH</td><td>0x7589B70aBb83427bb7049e08ee9fC6479ccB7a23</td></tr><tr><td>wBTC</td><td>0x062e66477faf219f25d27dced647bf57c3107d52</td></tr><tr><td>wCRO</td><td>0x5c7f8a570d578ed84e63fdfa7b1ee72deae1ae23</td></tr><tr><td>DOGE</td><td>0x1a8e39ae59e5556b56b76fcba98d22c9ae557396</td></tr><tr><td>wETH</td><td>0xe44fd7fcb2b1581822d0c862b68222998a0c299a</td></tr><tr><td>HBAR</td><td>0xe0C7226a58f54db71eDc6289Ba2dc80349B41974</td></tr><tr><td>LION</td><td>0x9D8c68F185A04314DDC8B8216732455e8dbb7E45</td></tr><tr><td>LTC</td><td>0x9d97Be214b68C7051215BB61059B4e299Cd792c3</td></tr><tr><td>NEAR</td><td>0xafe470ae215e48c144c7158eae3ccf0c451cb0cb</td></tr><tr><td>PAXG</td><td>0x81749e7258f9e577f61f49ABeeB426b70F561b89</td></tr><tr><td>PENGU</td><td>0x769409037336430A1a5890065B7853f0D1D8b58f</td></tr><tr><td>PEPE</td><td>0xf868c454784048af4f857991583e34243c92ff48</td></tr><tr><td>SHIB</td><td>0xbed48612bc69fa1cab67052b42a95fb30c1bcfee</td></tr><tr><td>SOL</td><td>0xc9DE0F3e08162312528FF72559db82590b481800</td></tr><tr><td>SUI</td><td>0x81710203A7FC16797aC9899228a87fd622df9706</td></tr><tr><td>TRUMP</td><td>0xd1D7A0Ff6Cd3d494038b7FB93dbAeF624Da6f417</td></tr><tr><td>UNI</td><td>0x16aD43896f7C47a5d9Ee546c44A22205738B329c</td></tr><tr><td>WIF</td><td>0x25e8c72d267b96e757875d8b565a42c0e3b8f12f</td></tr><tr><td>XRP</td><td>0xb9ce0dd29c91e02d4620f57a66700fc5e41d6d15</td></tr><tr><td>USDC</td><td>0xc21223249ca28397b4b6541dffaecc539bff0c59</td></tr><tr><td>USDT</td><td>0x66e428c3f67a68878562e79a0234c1f83c208770</td></tr></tbody></table>

## zkSync Era

<table><thead><tr><th width="156">Token</th><th>Contract</th></tr></thead><tbody><tr><td>FLP</td><td>0xD939BAE19dD60634E70c8A866C1b11477fC72954</td></tr><tr><td>FUL</td><td>0xe593853b4d603d5b8f21036Bb4AD0D1880097a6e</td></tr><tr><td>esFUL</td><td>0x1886DFA728ed34A1b46dECf7211Cb643a844b982</td></tr><tr><td>BTC</td><td>0xBBeB516fb02a01611cBBE0453Fe3c580D7281011</td></tr><tr><td>ETH</td><td>0x5AEa5775959fBC2557Cc8789bC1bf90A239D9a91</td></tr><tr><td>ZK</td><td>0x5a7d6b2f92c77fad6ccabd7ee0624e64907eaf3e</td></tr><tr><td>USDC</td><td>0x1d17CBcF0D6D143135aE902365D2E5e2A16538D4</td></tr><tr><td>USDC.e</td><td>0x3355df6d4c9c3035724fd0e3914de96a5a83aaf4</td></tr><tr><td>USDT</td><td>0x493257fd37edb34451f62edf8d2a0c418852ba4c</td></tr></tbody></table>

## Cronos zkEVM

<table><thead><tr><th width="158">Token</th><th>Contract</th></tr></thead><tbody><tr><td>FLP</td><td>0xFA7F38321974d304A583d6e21964869ec37786a1</td></tr><tr><td>FUL</td><td>0xFB3338E2cA713B344D6A45B36525c3db156e492F</td></tr><tr><td>esFUL</td><td>0xBF8E3ddf0E64b1a2FD35572F0e36bF17b0316F51</td></tr><tr><td>BTC</td><td>0xD65E5DbA71231D35A5802bA83dC6cB6746c9758d</td></tr><tr><td>vETH</td><td>0x271602A97027ee1dd03b1E6e5dB153eB659A80b1</td></tr><tr><td>vUSD</td><td>0x5b91e29Ae5A71d9052620Acb813d5aC25eC7a4A2</td></tr></tbody></table>


# Security and Audits

{% file src="/files/iecgKxvW6WUjyMZUFdf2" %}


# RPC

Fulcrom Finance relies on an RPC URL to query data and submit transactions as we are a decentralized exchange. Sometimes this RPC can become slow or unresponsive, which may cause issues loading data on the website - e.g. your positions and orders not showing under "Trade".&#x20;

If you notice slow loading or missing data on Fulcrom Finance, follow these steps if you're using **Metamask**:

1\. Open your wallet and go to Network Settings, then click on "Add network"

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2Fs7RFG4KBzFGwdcNuXJib%2FScreenshot%202023-08-07%20at%205.51.31%20PM.png?alt=media&amp;token=0a21f597-e106-4f68-aeeb-f1693aa9f1e3" alt="" width="563"><figcaption></figcaption></figure>

2\. Click on "Networks"

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2FlYAQQJXTr5kgaEUV9xrH%2FScreenshot%202023-08-07%20at%205.51.48%20PM.png?alt=media&amp;token=ddb0ab4d-0cf2-4ebf-99ce-c08aa5cd6f28" alt="" width="563"><figcaption></figcaption></figure>

3\. Change the RPC URL to to the following depending on the network used, then click "Save" to proceed.

* Cronos: <https://evm.cronos.org>&#x20;
* Cronos zkEVM: <https://mainnet.zkevm.cronos.org>

<figure><img src="https://1647136421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPkF01syfy7zFMzhDL9cH%2Fuploads%2F7Z7GONf2kQTmPYWJnAgf%2FScreenshot%202023-08-07%20at%205.54.13%20PM.png?alt=media&amp;token=eae196b9-96ec-4fc6-ab1e-114ed494cdfc" alt="" width="563"><figcaption></figcaption></figure>

4\. Hard refresh your browser window or tab with Fulcrom Finance open.&#x20;

*\* Please note the manual update of RPC is currently not supported on Crypto.com Defi Wallet.*

Switching to this alternative RPC URL should significantly improve the loading speed and data connectivity issues on Fulcrom Finance during affected performance of our primary RPC.


# Cronos Labs Incubation

Fulcrom is part of the [Cronos Labs incubation](https://www.cronoslabs.org/) program.

The protocol has received great support from the Cronos Labs and the Cronos ecosystem.&#x20;

We are dedicated to Cronos ecosystem mass audiences, and will work with our partners to provide an end-to-end seamless DeFi experience.


# Risk Disclosures

The Fulcrom Finance protocol (“**Protocol**”) is a set of smart contracts made available by Fulcrom Finance on a voluntary, “as-is” and “as available” basis. It is not a service of any kind and you should not rely on Fulcrom Finance to assist you to evaluate the Protocol, assess its fitness for any purpose or comply with any requirements. You assume all risks arising from interactions with the Protocol including without limitation all applicable legal and regulatory risks in connection with the use and interaction with the Protocol, including with respect to any transactions. Nothing stated relating to the Protocol is a prospectus nor a solicitation for investment and does not pertain in any way to an offering of securities in any jurisdiction. Nothing stated related to the Protocol constitutes a recommendation or advice of any kind. Fulcrom Finance is not liable for any claim, damages or other liability, whether in contract, tort or under any other theory of liability, arising from, out of or in connection with the Protocol.

There are several risks when using the Protocol. These risks include inherent risks associated with the use of a virtual platform, the decentralized nature of the Protocol, and participating in virtual asset transactions. Risks include, without limitation:

* Partial or total loss of virtual assets, including any value attributed to virtual assets;
* Collapse in liquidity with respect to virtual assets;
* Changes in compatibility of a virtual asset with the Protocol;
* Changes in the smart contracts;
* Regulatory uncertainty and government action against virtual assets and persons involved in virtual asset activities;
* Extreme volatility with respect to transaction parameters and value attributed to virtual assets;
* Possibility of market misconduct by participants including for example market manipulation, trading on the basis of non-public information, and front running;
* Delays in or complete failure of virtual asset transactions being confirmed;
* Counterparty risk;
* Faults, defects, hacks, exploits, errors or unforeseen circumstances occurring in respect of the platform or the technologies that the Protocol depends on;
* Loss of private keys; and
* Attacks on the Protocol or the failure of the technologies that the Platform depends on including for example distributed denial of service, sybil attacks, phishing, social engineering, hacking, smurfing, malware, double spending, majority-mining, consensus-based or other mining attacks, misinformation campaigns, forks, and spoofing.

This list of potential risks is not exhaustive and is not intended to capture the extent of all possible risks. In the event of any of the above occurring, you may lose your virtual assets entirely. Participants should consider all of the above and assess the nature of, and their own appetite for relevant risks independently and consult their own professional advisers before making any decisions to participate in the Protocol. PARTICIPANTS USE THE PROTOCOL AT THEIR OWN RISK.

*\*Native ETH needs to be wrapped into WETH before it can be used on Fulcrom Finance*


# Usage Disclaimer

OUR SERVICES ARE NOT OFFERED TO PERSONS OR ENTITIES WHO RESIDE IN, ARE CITIZENS OF, ARE INCORPORATED IN, OR HAVE A REGISTERED OFFICE IN THE UNITED STATES OF AMERICA OR ANY RESTRICTED TERRITORY, AS DEFINED BELOW (ANY SUCH PERSON OR ENTITY FROM THE UNITED STATES OF AMERICAN OR A RESTRICTED TERRITORY, A “RESTRICTED PERSON”). WE DO NOT MAKE EXCEPTIONS; THEREFORE, IF YOU ARE A RESTRICTED PERSON, THEN DO NOT ATTEMPT TO USE OR USE THE INTERFACE. USE OF A VIRTUAL PRIVATE NETWORK (E.G., A VPN) TO USE OUR SERVICES AS A RESTRICTED PERSON OR FROM THE UNITED STATES OF AMERICA OR A RESTRICTED TERRITORY IS PROHIBITED.

| Prohibited Territory     |
| ------------------------ |
| Afghanistan              |
| Burma (Myanmar)          |
| Burundi                  |
| Central African Republic |
| China, People's Republic |
| Congo, Dem. Rep.         |
| Crimea Region            |
| Cuba                     |
| Eritrea                  |
| Guinea-Bissau            |
| Guinea, Republic of      |
| Iran                     |
| Iraq                     |
| Korea, North             |
| Lebanon                  |
| Libya                    |
| Mali                     |
| Somalia                  |
| South Sudan              |
| Sudan                    |
| Syria                    |
| Venezuela                |
| Yemen                    |
| Zimbabwe                 |


# Terms of Use

{% file src="/files/stUInOfVtTUsyS4xpn4g" %}


