Bitcoin Forum
May 07, 2024, 11:21:24 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Alternate cryptocurrencies / Service Announcements (Altcoins) / New good project - Lever on: May 04, 2021, 07:48:51 PM
   Hello everyone, today I will tell you about a project called lever network. The project is interesting, I think you should pay attention to it. Now he has an ido, soon there will be a public sale, in 2 days. If you find the project interesting, you can take part. This is not an investment advice, I just recommend that you take a closer look at this project. It has good investors, such as DAO Maker, Arkstream Capital, and other large investors and platforms that invest in this project.

ABOUT 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.

HOW LEVER WORKS

Lever Instruction
1.Deposit: First you need to deposit any supported asset in Lever. The platform supports various assets to be used as collateral, which can start earning interest after depositing.
2.Margin: After depositing, simply head to the Margin section and click on Sell(Short)/ Buy(Long)for the asset pair you want to trade.
3.Opening a Position: Set the amount you need based on your available deposit that would be used as collateral for the loan. Then select the leverage ratio, the system will
automatically convert the maximum amount that can be used for this trade. Users can make a deposit through the Markets and the Dashboard page based on their need for depositing and/or trading. The loan-to-value (LTV) ratio varies from asset to asset. Here are the full steps to use Lever.
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!