Automated Stop-Loss

Mime’s that have a stop-loss set will automatically close when a certain amount of deposited capital is lost due to changes in the reference-price of a Pantomime.

For example: If Bob opens a bullish long position with $100 worth of collateral, and he sets a stop-loss of 20%, then his position will close automatically whenever the Pantomime reference-price moves down such that his losses, including his exit fee and Balancer tip, are equal to $20.

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