Therefore, Lever is developed to bridge the gap between lending protocols and DEXes, increasing capital efficiency in DeFi.
As mentioned above, according to our observation, the problems in DeFi mainly lays in the following aspects:
Welcome to LEVER
Lever is essentially an open-source margin trading platform where you can lend, borrow and perform leveraged trading to either buy long/sell short an asset in just one place.
For lenders/borrowers, you can lend your idle crypto assets (including your deposit certificates from other lending protocols) to earn interest or use them as collateral to take out loans.
And for traders, after making a margin deposit in the margin pool, you will be able to open either long or short positions in a supported asset in Lever with up to 3X leverage. The platform makes use of external AMMs like Uniswap to provide surplus liquidity for margin traders to open positions of any size.
Using Lever, you can comfortably leverage your available capital for larger gains.
Lever’s Solution and Features
The project is being managed by experienced experts in the field of Blockchain development. As the first AMM-based decentralized lending and margin trading platform, Lever serves as a pioneer to other decentralized exchanges. Also, the innovative features and benefits that come with using Lever, it is sure to lead DeFi to the next level and enrich the ecosystem.
Lever has already gone testnet live and will be ready for its mainnet launch and IDO soon. Join the Lever community for more updates:
Disclaimer: This is a paid post and should not be treated as news/advice