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Cascade
Perpetual Markets, Engineered for America.
Backed by @polychain, @variantfund & more.
The $1M pre-allocation cap has been filled. A total of 237 users filled in 6 seconds.
Fairness safeguards were enforced to today’s allocations.
Stay tuned for further announcements.
Jan 8, 00:59
Pre-allocations into Cascade’s Liquidity Strategy (CLS) are open again.
An additional $1M is now available in pre-allocations for eligible users.
There is a $10k per-account limit for all new pre-allocations.
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Ahead of today’s cap increase, we saw a sharp acceleration in demand. To improve fairness, we’re making two adjustments:
1. The CLS will reopen at 12pm ET tomorrow with an additional $1M allocation under the same rules.
2. A $10k per-account cap will apply to all pre-allocations going forward.
Demand materially exceeded expectations, and we’re adjusting the structure accordingly.
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