# ❓ | FAQ

### **What is Unlimited Leverage?**

{% hint style="info" %} <mark style="color:blue;">**Unlimited Leverage**</mark> is an on-chain leverage trading platform that offers <mark style="color:blue;">**gasless, synthetic trading with zero price impact, minimal slippage, and up to 100x leverage**</mark>.
{% endhint %}

### **What is Unlimited Network?**

{% hint style="info" %} <mark style="color:blue;">**Unlimited network**</mark> is a <mark style="color:blue;">**DeFi**</mark> ecosystem designed for anyone who wants to engage in decentralized finance. It offer a variety of DeFi <mark style="color:blue;">**applications**</mark> that are <mark style="color:blue;">**user-friendly**</mark> and accessible to <mark style="color:blue;">**everyone**</mark>.
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### **How long has the project been under development and how can I stay up to date with the development?**

{% hint style="info" %} <mark style="color:blue;">**The project**</mark> has been in development for over <mark style="color:blue;">**1 year**</mark> and is constantly evolving with <mark style="color:blue;">**new features.**</mark> To keep up-to-date with the latest developments of the project, we recommend following the [<mark style="color:blue;">**Twitter**</mark>](https://twitter.com/unlimited_defi) or joining the [<mark style="color:blue;">**Discord**</mark>](https://discord.com/invite/unlimitednetwork)<mark style="color:blue;">**.**</mark>&#x20;
{% endhint %}

### **On what blockchain does Unlimited Leverage operate?**

{% hint style="info" %} <mark style="color:blue;">**Unlimited Leverage**</mark> currently <mark style="color:blue;">**runs on Arbitrum**</mark>, but we plan to expand to other chains like <mark style="color:blue;">**Polygon**</mark> and <mark style="color:blue;">**Binance Smart Chain**</mark> in the <mark style="color:blue;">**future**</mark>.
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### Do I need KYC to access?

{% hint style="info" %} <mark style="color:blue;">**No, KYC**</mark> is not required to access Unlimited Leverage.
{% endhint %}

### Key Advantages of UL?

{% hint style="info" %}
Some of the key advantages of Unlimited Leverage are&#x20;

1. <mark style="color:blue;">**High leverage**</mark>: traders can enjoy up to 100x leverage.
2. <mark style="color:blue;">**No KYC**</mark>: users can trade without going through a time-consuming and privacy-invasive KYC process.
3. <mark style="color:blue;">**Gasless trading:**</mark> to save on transaction costs
4. <mark style="color:blue;">**User-friendly interface**</mark>: the platform is designed to be intuitive and easy to use, even for beginners.
5. <mark style="color:blue;">**Fast and reliable:**</mark> Unlimited Leverage is built on Arbitrum, a Layer 2 scaling solution, providing fast and reliable trading through a high performance signature based orderbook.&#x20;
6. <mark style="color:blue;">**Support**</mark>: Unlimited Network has a dedicated Discord community where users can get support from core contributors.
   {% endhint %}

### How does it differ from other competitors like GMX and gTrade?

{% hint style="info" %} <mark style="color:blue;">**Unlimited Leverage**</mark> platform differentiates itself from competitors by <mark style="color:blue;">**offering**</mark> <mark style="color:blue;">**gasless trading, isolated positions**</mark> for the same trading pairs, <mark style="color:blue;">**advanced**</mark> trade <mark style="color:blue;">**editing**</mark> capabilities, and a new <mark style="color:blue;">**tri-pool**</mark> LP model. \
\
Additionally, Unlimited Leverage provides community-focused support through <mark style="color:blue;">**Discord**</mark> and other social media channels.
{% endhint %}

### Is Unlimited Leverage a fork of an existing codebase?

{% hint style="info" %} <mark style="color:blue;">**No**</mark>, the code for <mark style="color:blue;">**Unlimited Leverage**</mark> was <mark style="color:blue;">**created**</mark> from <mark style="color:blue;">**scratch**</mark> by core contributors and [<mark style="color:blue;">**Solidant**</mark>](https://www.solidant.io/)[.](https://www.solidant.io/)
{% endhint %}

### **Is Unlimited Leverage audited?**

{% hint style="info" %} <mark style="color:blue;">**The**</mark> code has been reviewed and <mark style="color:blue;">**audited**</mark> by [<mark style="color:blue;">**PeckShield**</mark>](https://peckshield.com/) and [<mark style="color:blue;">**Halborn**</mark>](https://www.halborn.com/)<mark style="color:blue;">**.**</mark>
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