Margin Trading allows users to amplify their trading profits through borrowed funds during both up and down market movements.
OpenLeverage is a permissionless margin trading protocol, which enables traders to long or short any trading pair on DEXs easily.
Key features:
Margin Trading with Liquidity on DEX, connecting traders to trade with the most liquid decentralized markets like Uniswap and other DEXs.
Risk Isolation Lending Pools, have two separate pools for each pair, and different risk and interest rate parameters for each pool, which allows lenders to invest according to the risk-reward ratio.
Risk Calculation with a Real-time AMM Price, calculates collateral ratio with real-time AMM pricing for any pair available from a DEX.
2 Phases Liquidations, forces a liquidation to be completed in two different transactions to avoid flash loan attacks and cascading liquidation events.
LToken, an interest rate bearing token for each lending pool, allows tokenomics integration with projects.
OLE Token, a governance token, minted by protocol usage which allows holders to vote or stake to get rewards and protocol privileges.
User-friendly UI designed for decentralized margin trading, common easy to use trading panels.
These features make OpenLeverage the most scalable margin trading protocol:
Anyone can create lending pools for any trading pair available on a DEX, with default interest rate and risk parameters, which the community can change via the governance process.
Lenders can earn higher yields by depositing assets into the lending pools, earning interest from borrowed assets, receiving OLE rewards, or receiving rewards by re-staking their LTokens to join other projects’ reward programs.
Traders can borrow and trade all with one click in a single transaction.
Projects can integrate with the OpenLeverage protocol to facilitate leverage trading on specific trading pairs by integrating LToken.
Liquidators can trigger liquidations to earn rewards based on gas prices if the trade’s collateral ratio falls below the market limit.
Audits
Currently OpenLeverage have completed few Audit reports.
Security reviews included:
A full-length audit from Certik
https://twitter.com/OpenLeverage/status/1412009688326021127?s=20An audit by Peckshield is underway
A comprehensive test suite, including automated tests with Truffle
Major bugs discovered as part of the testing and auditing process were fixed.
To help find any remaining vulnerabilities, a public bug bounty is undergoing, $USD rewards offered. More detail on the public bug bounty can be found here
https://twitter.com/OpenLeverage/status/1417135072386420737?s=20.
What's your thought on margin trading of any crypto pair? Please share with us!
Test-net address:
openleverage.financeGet some test ETH tokens before you try:
https://linkfaucet.protofire.io/kovan
