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Author Topic: What is Openleverage (OLE)? Information about the Openleverage project!  (Read 35 times)
GALIKI (OP)
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November 16, 2021, 06:14:19 PM
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After nearly a year, the keyword Defi is no longer hot, but it has officially existed and is recognized for its influence. In parallel with the use of DEXs, AMMs became familiar. However, margin trading is not allowed, allowing traders to buy or sell any trading pair on the DEX efficiently and securely which is quite new to the masses in the market.This article would like to share with everyone the Openleverage project. A pioneering project in unauthorized margin trading.

What is Openleverage?
OpenLeverage is a permissionless margin trading protocol that allows traders to buy or sell any trading pair on the DEX efficiently and securely.
OpenLeverage Protocol's mission is to create a completely permissionless decentralized margin trading infrastructure. Therefore, no permission is required to create a margin trading market for any pair. This is the stance that the development team took into the design of the protocol.

Highlights of OpenLeverage Kiss
* Liquidity margin trading on DEX, connecting traders to trade with the most liquid decentralized markets like Uniswap and other AMMs. It is possible to buy and sell all existing cryptocurrencies.
* Risk-isolating loan pools, which have two distinct pools for each pair and different risk and interest parameters for each, allowing lenders to invest in a risk-reward ratio.
* Real-time AMM Price risk calculation, real-time AMM collateral ratio calculation for any pair available from the DEX.
*2 Liquidation Phase, forcing completion of liquidation in two different transactions to avoid flash lending attacks and cascade liquidation events.
* Friendly platform, easy to use and experience

Information OLE Token
Currently, the project has no official announcement. However, here is some information:

OLE Key Metrics
• Ticker: OLE
• Blockchain: Updating...
• Token Standard: Updating...
• Contract: Updating...
• Token Type: Governance, Utility
• Total Supply: Updating...
• Circulating Supply: Updating...

OLE Token Allocation
• Rewards for Mining: 70%
• Founding team and investors: 30%

OLE Token Sale
Updating...
OLE Token Use Case

OLE is a token used to:
• Participate in project management.
• Join staking and receive rewards from the project.

Project team, investors & partners
Project team
Updating...

Investors
OpenLeverage has completed a $1.8 million seed funding round led by Signum, LD Capital and FBG, Continue Capital, YBB Foundation...

Partner
Updating...

Above is information about the OpenLeverage project so that everyone can have their first assessment of the project. Hopefully this article will help people learn information and experience about the project.
Currently the project is for testnet so that everyone can have the best testing and experience before it is mainnet.
About OpenLeverage:
Website: https://openleverage.finance/
Discord: https://discord.gg/PR2fTwr8
Twitter: https://twitter.com/OpenLeverage
Telegram: https://t.me/openleverage
https://docs.openleverage.finance/main/
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