TLM3LPrice

(TLM3L)

TLM3L is a leveraged token designed to provide amplified exposure to the price movements of Trilium (TLM), the native cryptocurrency of the Alien Worlds metaverse game. The '3L' in its name signifies that it aims to offer a 3x long leveraged return. This means that if TLM's price increases by 1%, TLM3L is engineered to increase by 3%, and vice-versa, making it a tool for seeking amplified gains or hedging in a specific direction.

Leveraged tokens such as TLM3L employ derivatives to maintain their target leverage ratio. They feature an automatic rebalancing mechanism, typically on a daily basis or under specific market conditions. This process helps to manage risk and consistently aim for the amplified returns without requiring users to engage in complex margin trading directly. This design simplifies access to leveraged exposure, abstracting the complexities of underlying derivatives and rebalancing.

Trading TLM3L, like other leveraged tokens, carries significant risks. Due to the compounding effect, the token's performance can deviate considerably from the underlying asset's performance over extended periods, especially in volatile, sideways, or trending markets. While designed to simplify amplified exposure, rapid and substantial losses are possible. Users should understand that these tokens are generally suited for short-term trading strategies rather than long-term holding due to daily rebalancing and path dependency.

TLM3L is available for spot trading directly on LBank. Traders can access this leveraged token through the platform's spot market, allowing them to engage with the amplified movements of TLM without the complexities of managing leveraged positions on their own. LBank provides a secure and convenient environment for users looking to trade TLM3L.

TLM, or Trilium, is the native cryptocurrency and a fungible ERC-20 token for Alien Worlds, a blockchain-based metaverse game. It serves as the primary economic driver within the game's ecosystem, enabling various in-game activities. As the core asset, TLM facilitates player interactions, resource acquisition, and governance decisions across the Alien Worlds universe, connecting players to its decentralized finance (DeFi) and non-fungible token (NFT) components.

TLM plays a crucial role in the Alien Worlds metaverse. Players can mine TLM using NFT tools from virtual planets. It is used for staking on planets, allowing holders to earn rewards and participate in planetary governance through Decentralized Autonomous Organizations (DAOs). TLM also enables in-game purchases and upgrades of virtual assets like tools and weapons, and it can be earned by sending spacecraft on missions, connecting users to new NFTs and further TLM rewards.