Quick Reference

This quick reference guide provides essential information for trading on MegaTAO in a convenient format.

Essential Information

Network Configuration

Network Name: Bittensor EVM
RPC URL: https://lite.chain.opentensor.ai
Chain ID: 964
Currency Symbol: TAO
Block Explorer: https://explorer.chain.opentensor.ai

Key Parameters

• Maximum Leverage: 3x (will increase later)

• Collateral Deposit Cap: Currently limited (will be removed later)

• Maintenance Margin: 20%

• Trading Fee: 0.5% per trade

• Liquidation Fee: 5% of remaining margin

• Funding Rate: Every 8 hours (00:00, 08:00, 16:00 UTC)

Trading Basics

Position Sizing

Position Size = Margin × Leverage
Risk Amount = Position Size × Risk Percentage

Margin Ratio

Margin Ratio = (Position Value - Unrealized Loss + Available Margin) / Position Value

Liquidation Price

Long Position:

Liquidation Price = Entry Price × (1 - Maintenance Margin / Leverage)

Short Position:

Liquidation Price = Entry Price × (1 + Maintenance Margin / Leverage)

Risk Management

Margin Ratio Levels

• Healthy: > 35%

• Caution: 25-35%

• Danger: 20-25%

• Liquidation: < 20%

Position Sizing Guidelines

• Conservative: 1-3% risk per trade

• Moderate: 3-5% risk per trade

• Aggressive: 5-10% risk per trade

• NEVER: Risk more than you can afford to lose

Leverage Guidelines

• Beginners: 1x (start here)

• Intermediate: 1x-2x

• Advanced: Up to 3x (current maximum)

• Note: Maximum leverage is 3x currently, will increase later

Cost Calculations

Trading Fees

Trading Fee = Position Size × 0.005

Funding Costs

Funding Cost = Position Size × Funding Rate × Number of Payments

Gas Costs

Gas Cost = Gas Used × Gas Price

Common Commands

CLI Commands

# Connect wallet
megatao connect

# Check balance
megatao balance

# Open position
megatao open --asset ALPHA_TOKEN --direction long --size 1000 --leverage 5

# Close position
megatao close --position-id 123

# List positions
megatao positions

# Check price
megatao price ALPHA_TOKEN

SDK Commands

// Connect to MegaTAO
const sdk = new MegaTAOSDK(config);

// Open position
const position = await sdk.openPosition({
  asset: 'ALPHA_TOKEN',
  direction: 'long',
  size: 1000,
  leverage: 5
});

// Get price
const price = await sdk.getPrice('ALPHA_TOKEN');

Emergency Procedures

Liquidation Prevention

1. Check Margin Ratio: Monitor margin ratio regularly

2. Add Margin: Deposit more TAO if ratio gets low

3. Close Position: Close position if necessary

4. Emergency Fund: Keep emergency margin available

Crisis Response

1. Assess Situation: Evaluate current position status

2. Add Margin: Deposit more TAO if possible

3. Close Position: Close position if necessary

4. Reduce Size: Reduce position size if possible

5. Seek Help: Contact support if needed

Important Addresses

Contract Addresses

• Alpha Futures Contract: [Contract Address]

• Oracle Contract: [Oracle Address]

• Vault Contract: [Vault Address]

RPC Endpoints

• Mainnet: https://lite.chain.opentensor.ai

• Testnet: https://test.chain.opentensor.ai

Block Explorers

• Mainnet: https://explorer.chain.opentensor.ai

• Testnet: https://test-explorer.chain.opentensor.ai

Support Contacts

Emergency Contacts

• Technical Support: Community channels

• Security Issues: [email protected]

• General Questions: Community support

Resources

• Documentation: [Documentation URL]

• Community: [Community URL]

• GitHub: [GitHub URL]

Formula Reference

Risk-Reward Ratio

Risk-Reward Ratio = Potential Reward / Potential Risk

Required Win Rate

Required Win Rate = Risk / (Risk + Reward)

Position Size (Risk-Based)

Position Size = (Total Capital × Risk Percentage) / (Entry Price - Stop Loss Price)

Kelly Criterion

Position Size = (Win Rate × Average Win - Loss Rate × Average Loss) / Average Win

Time Zones

Funding Schedule (UTC)

• 00:00 UTC: First funding payment

• 08:00 UTC: Second funding payment

• 16:00 UTC: Third funding payment

• 24:00 UTC: Cycle repeats

Trading Hours

• 24/7: MegaTAO operates 24/7

• Market Hours: Alpha token markets operate 24/7

• Support Hours: Community support available 24/7

Quick Tips

Before Trading

• Understand the risks

• Set up proper risk management

• Start with small amounts

• Have an exit strategy

During Trading

• Monitor positions regularly

• Use stop losses

• Manage margin ratios

• Stay disciplined

After Trading

• Review performance

• Learn from mistakes

• Adjust strategy

• Keep records

Common Mistakes to Avoid

Trading Mistakes

• ❌ Over-leveraging

• ❌ Ignoring funding rates

• ❌ No exit strategy

• ❌ Emotional trading

• ❌ Poor position sizing

Risk Management Mistakes

• ❌ Not using stop losses

• ❌ Ignoring margin requirements

• ❌ Concentrating risk

• ❌ Chasing losses

Technical Mistakes

• ❌ Poor entry timing

• ❌ Ignoring market conditions

• ❌ Over-optimization

• ❌ Ignoring transaction costs

Safety Checklist

Before Trading

• Read all documentation

• Understand the risks

• Set up proper risk management

• Start with small amounts

• Have an exit strategy

During Trading

• Monitor positions regularly

• Use stop losses

• Manage margin ratios

• Stay disciplined

• Avoid emotional decisions

After Trading

• Review performance

• Learn from mistakes

• Adjust strategy

• Keep records

• Plan for next trades

Glossary Quick Reference

Key Terms

• Alpha Token: Synthetic token representing subnet performance

• Funding Rate: Periodic payment between longs and shorts

• Liquidation: Forced closure of undercollateralized positions

• Margin: Collateral required to open and maintain positions

• Perpetual Futures: Derivatives without expiration dates

• TAO: Native token of Bittensor used as collateral

Risk Terms

• Leverage: Multiplier of position size relative to margin

• Margin Ratio: Percentage of margin remaining

• Liquidation Price: Price at which position liquidates

• Stop Loss: Order to limit losses

• Take Profit: Order to lock in profits

Next Steps

Now that you have the quick reference, continue to:

• Getting Started - Prerequisites for trading

• Risk Management - Essential safety practices

• Trading Strategies - Various trading approaches

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⚠️ Important Note: This quick reference is for convenience only. Always refer to the full documentation for complete information and understanding. Trading involves substantial risk of loss.