Margin trading on a decentralized exchange

[abspeedy]

I came across this project called lever.network and they're about to launch in a few days. The native coin that fuels the exchange is on sale now in a public auction. I'm contemplating buying in the public auction but wasn't sure how much of a demand the exchange will be. The current price is about $3. Could this project be of potential? The margin feature allows you to short or long a 3x leverage.