LEVER Discussion

LEVER---The First AMM-Based Decentralized Margin Trading Platform
Lending and trading are two of the pillar businesses in the current DeFi space with the most TVL. However, they are practically isolated from each other, leading to extremely low capital efficiency. Rare lending protocols support sport or even margin trading and most DEXes don’t provide loans. Also, even though users get transferable and tradable deposit certificates after depositing in lending protocols, there are few platforms to actually facilitate the financial use of them.
Therefore, Lever is developed to bridge the gap between lending protocols and DEXes, increasing capital efficiency in DeFi.

Lever’s Solution and Features
Quick & Convenient Trading — Borrowing and trading are seamlessly integrated within Lever. Traders can easily borrow and trade assets in just one place. Lever also offers a visualized operation interface for position management.
High Capital Efficiency — Other than native tokens, lenders can deposit AAVE’s aTokens and Compound’s cTokens to earn extra interest in Lever. This makes double interest possible, as lenders can first deposit their assets in AAVE/Compound, then use the aTokens/cTokens they receive to redeposit in Lever. Moreover, these tokens can also be used as collateral to take out loans.
Margin Trading and Enormous Liquidity. Thanks to Lever’s powerful margin pool, traders can easily open leveraged positions to either long or short an asset. In addition to WBTC and ETH, many DEFI and ERC20 assets like SNX, UNI and AAVE now can be shorted at Lever. Furthermore, by relying on AMMs like Uniswap, Lever can provide enough liquidity and reduce slippage for positions of any size.

About the Team
Core team members were from one of the top-notch financial technology companies in the world with an average of 3 years of blockchain development experience. The team’s previous products include:
A lending protocol with TVL of 100 million USD and 0 security incidents.
A dAPP with the greatest transaction volume on TRON.
A Bitmain funded NFT sandbox game with over 10,000 active users.