OpenLeverage is Launching on December 20!

OpenLeverage mainnet will be launched on Ethereum, Monday, December 20 at 2 PM UTC.

The permissionless design of OpenLeverage will allow their community members to launch a leverage margin trading market for arbitrary trading pairs, integrating with the liquidity provided on decentralized exchanges.

At launch, OpenLeverage will be integrating with Uniswap V2 and V3.

Since the introduction of their testnet, more than 37,000 unique addresses have tried their lending and margin trading, with over 124,000 transactions processed from 226 markets with overwhelmingly positive feedback from users.

To encourage their community to participate in their launch, they will retroactively reward their community based on protocol usage, for example, margin trading, lending, market creation, and liquidation facilitation. The reward will be in their native token, $OLE.

OpenLeverage launched a community vote on the Genesis Markets on December 10, and their community picked the tokens they wanted to trade or lend at the protocol launch. Results of the Genesis Markets and tokenomics will be announced before launch.

📰 INFO

https://openleverage.medium.com/get-ready-openleverage-launch-on-december-20-c763ed0bbf47