2025-12-30 05:21:47

CLS (Cascade) reopens liquidity provision capacity again in the early hours of January 7, releasing a total of 1.5 million USD deposit quota this time. Funds deposited in advance can accumulate platform points early, which is a good benefit for participants.

It is important to note that CLS's deposit mechanism is similar to the vault operation logic of other derivatives exchanges—such as Lighter and EdgeX, which also have similar designs. These liquidity pools are essentially infrastructure used to deepen order book liquidity and support the platform's clearing system, rather than guaranteed principal and interest financial products. In simple terms, your principal faces market fluctuation risks, and you need to fully understand this before deciding whether to participate. Although various point incentives launched by the platform later are attractive, they should be based on a clear understanding of the risk mechanisms.

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SwapWhisperer

· 10h ago

It's the old vault routine again. A credit limit of 1.5 million sounds like a lot, but when divided among participants, it's only a few dollars each. Points are tempting, but as always—don't throw money around until you understand the liquidation logic. It's not a financial product, so don't treat it as one. Learned my lesson this time.

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NewDAOdreamer

· 10h ago

It's the same scheme again. A credit limit of 1.5 million sounds like a lot, but how many people can actually benefit from it? The points incentive is indeed attractive, but don't be fooled by the tricks. The principal risk is on you.

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MoonWaterDroplets

· 10h ago

It's the same old trick again, vault pools sound tempting but the risks are hidden deep. ngl, point incentives are indeed attractive, but we all know this isn't a financial product. Lighter, EdgeX, CLS—all the same, they use your money to pile up liquidity, and you have to bet on the market correctly to make money. 150,000 quota sounds like a lot, but in reality, it's not that quick for us to get it. The principal can evaporate along with the market at any time, which is ridiculous. Compared to blindly rushing in, it's better to first understand how much you can lose. Releasing quotas at midnight is really a killer; only those who wake up early can grab them. There are really many pitfalls, but the returns are not exaggerated—it's all about whether you can afford to gamble. Another new trick to cut leeks? Still the same old story.

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WalletAnxietyPatient

· 10h ago

Isn't it just a disguise for liquidity mining? Here we go again. Starting to mine again? Still the same old story, don't be blinded by points. A limit of 1.5 million sounds like a lot, but only a few can actually make money. This thing is just liquidity mining, don't treat it as financial management. I've known for a long time that vaults are risky, I'll stay on the sidelines and not participate. Following the trend to deposit, you should be clear about what will happen, don't cry. No matter how many points you have, you can't spend them as money, brother.

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