BTSE is pleased to bring LeverFi (LEVER) onto its platform, growing the selection of quality digital assets available to its users:
LEVER is native to LeverFi, a platform that allows traders to trade at up to 10x leverage and earn yields on their collateral at the same time. Users can also be lenders on the platform by depositing and lending funds to traders to enjoy various lending rates.
LEVER, the platform’s governance token, can be staked for 6 to 48 months for users to participate in governance. Users who stake LEVER would receive xLEVER token in return, which each represents one vote in governance and can oversee the following activities:
- Addition or removal of collateral
- Addition or removal of tradable assets
- Addition or removal of lending pools
- Changes to risk management parameters and policies
- Distribution of protocol fees to xLEVER stakers
LEVER currently has a circulating supply of around 13 billion tokens out of a total of 35 billion, trading at $0.003 as of August 4, 2022.
Deposit LEVER here
Sign up for a BTSE account here
Trade on the go — download the BTSE mobile app (iOS/Android)
Our aim is to create a platform that offers users the most enjoyable trading experience. If you have any feedback, please reach out to us at firstname.lastname@example.org or on Twitter @BTSE_Official.
Note: BTSE Blog contents are intended solely to provide varying insights and perspectives. Unless otherwise noted, they do not represent the views of BTSE and should in no way be treated as investment advice. Markets are volatile, and trading brings rewards and risks. Trade with caution.