Coming Soon: MBLUSDT Perpetual Swap Listing with Up to 10x Leverage
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MBLUSDT Contract Specs
MBLUSDT is a linear perpetual swap, margined in USDT. This allows users to gain exposure to the price of the MovieBloc token and trade it with leverage, without needing to have any MBL holdings.
Key contract details for our MBL token listing:
Symbol: MBLUSDT
Margin Currency: USDT
Contract Size: 1 MBL
Lot Size: 1000
Minimum Trade Amount: 1000 MBL
Underlying: .BMBLT
Max Leverage: 10x
Maker Fee: -0.015%
Taker Fee: 0.02%
Base Initial Margin: 10.00%
Base Maintenance Margin: 5.00%
You will be able to trade the MBLUSDT perpetual contract here, or refer to the full contract specs here.
What is MBL?
MBL is the native digital token of MovieBloc – an extensive participant-centric movie ecosystem that has been created to offer transparent revenue share, audience data, and equal screening opportunities to creators. It is intended that intermediaries in the industry are removed, and a direct distribution channel between creators and their audiences is created. Symbiotically, viewers can access various films and content.
MBL is used for economic activity and for making payments by users to watch premium content, with paid tokens distributed to contributors, including creators and curators, through the smart contracts. Creators can also pay translators and designers, and as donations by users to other participants, including creators, translators, designers, reviewers, etc.
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