Lever.Network

Lever.Network

The #1 AMM-Based Decentralized Margin Trading Platform.

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Lever.Network, which has rebranded to LeverFi, operates as a decentralized finance (DeFi) platform focused on margin trading. The company addresses a key challenge in the DeFi space: the separation of lending and trading, which leads to low capital efficiency. LeverFi bridges this gap by creating an environment where users can lend, borrow, and perform leveraged trades within a single platform.

In April 2021, Lever.Network announced a successful seed funding round of $600,000, led by prominent venture capital firms in the crypto space, including NGC Venture, ArkStream Capital, LD Capital, and AU21 Capital. This funding was intended to support the protocol's growth on the Ethereum blockchain and Binance Smart Chain. The platform allows users to lend their crypto assets to earn interest or use them as collateral for loans. For traders, it offers the ability to open long or short positions on various assets with up to 3x leverage after depositing margin. To ensure liquidity for these trades, LeverFi integrates with external Automated Market Makers (AMMs) like Uniswap, SushiSwap, and PancakeSwap.

The platform's native token, LEVER, plays a central role in its ecosystem. It is used for governance, allowing token holders to vote on protocol-related decisions, and for staking to earn a share of the protocol's rewards. Holding the token can also provide traders with discounts on trading fees. The business model appears to be centered on the activities within its ecosystem, likely generating revenue from trading fees and other platform-related charges. The platform is designed as a peer-to-peer marketplace, utilizing smart contracts for lending and borrowing without taking custody of user tokens.

Keywords: decentralized finance, DeFi, margin trading, crypto lending, leveraged trading, blockchain, Ethereum, Binance Smart Chain, AMM, Uniswap, crypto borrowing, LEVER token, yield farming, decentralized exchange, smart contracts, crypto collateral, liquidity pools, staking, governance token, open source finance

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