[ANN] (LEV) Lever - The #1 AMM-Based Decentralized Margin Trading Platform

[schumytw]

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.

Feature List

1. Multiple collateral options
Lever gives users flexibility when supplying collateral. For example, a user can use Ethereum as collateral to margin trade WBTC against USD. This gives traders a high degree of choice and lowers the barrier to entry significantly.

2. Non custodial leverage trading
Currently available margin trading platforms are centralized and require their users to create accounts and often provide sensitive personal information. Since Lever is a decentralized protocol, a Web3 enabled cryptocurrency wallet is all that is required to participate.

3. Earn interest on deposits
Since every deposit to the network improves liquidity and strengthens the protocol, users earn interest on their collateral deposits by default.

4. World class liquidity
By sourcing liquidity from the world’s largest AMM exchanges like Uniswap, SushiSwap and PancakeSwap, Lever allows users to open long and short positions on wide variety of assets without worrying about excessive slippage.

5. Easy to use interface
A visualized position management interface is designed to help users easily open or close positions in just one click. In addition, TradingView is integrated to provide a professional candlestick chart to ensure the best trading experience.

About Lever: https://levernetwork.medium.com/introducing-lever-90f37fdd10d5
Official Website: https://lever.network
Litepaper: https://lever.network/Light-Paper.pdf