ONUS Pro offer to you VNDC Margin Futures products.

VNDC-Margined Futures contracts on ONUS Pro offer the following characteristics

  • Settlement in VND-pegged assets: contracts are denominated and settled in VNDC. To avoid unexpected exchange rate change causing difficulties, or even loss for users, ONUS Pro will fix the exchange rate between VNDC and USDT at 24,000 VNDC / 1 USDT. This rate is subject to change by ONUS Pro team and will be specifically notified to all users if change occur. 
  • Expiration: Perpetual.
  • Pricing rules: each futures contract stipulates the quantity of the underlying asset to be delivered to a single contract, also known as the "Contract Unit". For example, the BTCUSDT, ETHUSDT, and SOLUSDT futures contracts represent only one unit of the contract's underlying asset, similar to the spot market.

Advantage of USD-Margin Futures

One of the benefits of collateralizing as well as paying in VNDC is that you can easily calculate your profit in fiat, which makes VNDC margin contracts more intuitive. Example: When you make a profit of 500,000 VNDC, you may know that you are making a profit of approximately 500,000 VND since the value of 1 VNDC is pegged to 1 VND.

In addition, using only 1 asset class as a common payment currency also gives you more flexibility. You only need VNDC to pay for different futures contracts (BTC, ETH, …). That way you don't have to buy the base coin to fund your futures positions. As a result, you will not incur excessive fees as there is no need for additional conversions when trading in VNDC.

During periods of high price volatility, VNDC margin futures can help reduce the risk of large price fluctuations because you don't need to worry about hedging the underlying asset, as they are stablecoins.