LEVER
It was founded by Lawrence Lim and Loh Zheng Rong, founders of RAMP DEFI, based in Singapore. Lawrence has experience in the financial sector, while Loh Zheng Rong graduated from Singapore Management University and founded a blockchain company called NOX. Together, they launched LeverFi in 3 years.
It is LeverFi’s governance token. LeverFi is a decentralized, on-chain leveraged trading platform built on Ethereum. The platform aims to solve various decentralized finance (DeFi) problems through an intuitive solution suite.
Users have the opportunity to earn returns while trading on the LeverFi platform. Lenders who deposit their funds into the lending pool can earn interest from traders who want to trade with up to 10x leverage by taking out loans. The liquidity obtained from lenders but not used and remaining idle in the pool is invested in other DeFi protocols to generate more returns. In addition, LeverFi; It acts as a bridge between Ethereum and BNB Chain, Avalanche, Polygon, Arbitrum, Optimism and other EVM (Ethereum Virtual Machine) compatible chains.
What Does It Promise to Investors?
LeverFi offers its investors many features for leveraged trading and farm trading. One of these is that it has a technical infrastructure that allows users to do non-PVP leveraged spot trading. Investors on the platform deposit collateral before starting to trade. The deposited collateral is redistributed to provide returns from other DeFi protocols. In this way, the advantage of obtaining returns from collateral deposits arises.
LeverFi is a project that focuses on taking advantage of the advantages that decentralized technologies provide to the financial world.
