Account Management (FAMS)

FAMS, which stands for Futures Account Management System, enables features such as stop and limit orders on Oracle-based system . FAMS is a middle-layer smart contract system that allows Oracle-based system's traders to intelligently manage their margin across perpetual futures markets by automatically performing multi-step operations by batch executing these actions in a single transaction, improving the overall UX for the user.

The Account Manager includes pages for Overview, Deposit, Withdraw, and Keeper.

Using FAMS in Oracle-based system

FAMS make Limit and Stop Loss possible by automating the multi-step transactions via batch execution.

FAMS is a part of Futures trading on Oracle-based system. Every user is required to set up a non-KYC account on Oracle-based system before they can start trading.

Setting up your account includes the following steps:

1. Create Account - Approve the FAMS middle-layer to act on your behalf to automate actions such as limit and stop-loss orders. Requires signing with your wallet.

2. Deposit Margin - deposit the funds you want to use in Oracle-based system s. Only the funds deposited can be used by FAMS. It cannot touch other assets in your wallet.

3. Fund Keeper - to access limit and stop-loss orders, the Keeper must be funded. The Keeper is what is used to automate and batch-execute multi-step operations on your behalf. Without funding the Keeper, you will be limited to just Market actions without Take Profit/Stop Loss orders.

Deposit Funds into your Keeper (BNB for BNB Chain)

Learn more about the Account Setup process here: 2. Set up your Account.

Future Development

Oracle-based system's FAMS is flexible and fully upgradeable, meaning further multi-step operations can be implemented and integrated seamlessly.