LeverFi is a decentralized finance (DeFi) platform built on the Ethereum blockchain, offering leveraged trading with up to 10x leverage and simultaneous yield farming of assets.
Key Features:
• Leveraged Spot Trading: Users can engage in leveraged spot trading, where the underlying asset is purchased on the liquid secondary market via decentralized exchanges (DEXs) when trades are executed.
• Yield on Collateral Deposits: Traders deposit collateral before trading, which LeverFi redeploys to generate yield on other DeFi protocols. Traders can claim the generated yield separately.
• Governance and Staking: LEVER token holders can lock up their tokens for periods ranging from six months to two years to earn xLEVER, granting voting power in protocol governance. Longer lock-up periods yield more xLEVER, increasing voting influence.
• Trading Fee Discounts: Traders holding xLEVER in their wallets receive trading fee discounts between 20-60% on trades executed through the LeverFi platform.
• LeverPro Launchpad: Users can lock up LEVER to earn LEVERPRO•POINTS, guaranteeing priority allocation on the LeverPro Launchpad for new project listings.
• OmniZK: LEVER can be staked to become an OmniRelayer, contributing to the security and governance of the network. Users may delegate their LEVER to OmniRelayers aligning with their governance preferences.
N.B. Do your own Research
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