Borrow with Thousands of Assets

According to OpenLeverage, most lending protocols, like AAVE and Compound, have limited token support for deposits and borrowing, leaving over 99% of tokens without access to these activities. They boast of breaking this limitation by allowing any user to create a lending marketplace for any token pair. This enables users to put both tokens of the pairs as collateral and borrow against other tokens. Users can even deposit altcoins as collateral and borrow majors.

Limitless Opportunities for Users

OpenLeverage introduces even more opportunities for users :

• Unleash Your Altcoin Holdings: OpenLeverage’s over-collateralized borrowing allows users to obtain additional funds using their existing token holdings as collateral. This enables them to diversify their portfolio and invest in a wider range of tokens, spreading risk and optimizing potential returns.
• Farm/LP Without the Price Impact: By borrowing risky assets with stables, users can provide liquidity to various pools and farms in other DeFi platforms, earning alpha and additional rewards without having to expose to price volatility.
• Borrow Instead of Swapping: Users can borrow tokens of their choice to take advantage of arbitrage opportunities without having to pay for the cost of fees, slippage, or price movement. Instead, users only need to pay a small amount of borrowing interest.
• Risk Management: Over-collateralized borrowing allows users to hedge their positions by borrowing tokens that are inversely correlated with their current holdings. This helps to mitigate potential losses in case of market volatility.

Providing Support for Projects

OpenLeverage supports projects and communities by providing them with the tools and resources they need to succeed in today’s dynamic crypto landscape. Their over-collateralized borrowing feature empowers these projects and communities to take control of their token economics, enabling them to thrive in a highly competitive market:

• Reducing Selling Pressure: Over-collateralized borrowing allows communities to access liquidity without having to sell their assets, which helps to reduce selling pressure in the market.
• Enhancing LP Liquidity: Over-collateralized borrowing with project tokens can help the community borrow project tokens or majors to provide liquidity on DEX, creating a deeper depth of liquidity that can lead to higher trading volumes and better price discovery for the project’s token.
• Improved Tokenomics: As more users engage in borrowing and lending activities involving a project’s token, the demand for the token may increase, potentially boosting its value. This can positively impact the project’s tokenomics, making it more attractive to investors and users alike.
• Access to Capital: Projects can leverage their native tokens as collateral to secure funding through over-collateralized borrowing. This provides an alternative financing option to traditional fundraising methods, such as initial coin offerings (ICOs) or venture capital, with more flexible terms and fewer restrictions.

About OpenLeverage ‍

OpenLeverage is a permissionless margin trading protocol that enables traders or other applications to be long or short on any trading pair on DEXs efficiently and securely. One of it’s key features is :Margin Trading with Liquidity on DEX, connecting traders to trade with the most liquid decentralized markets like Uniswap, Pancakeswap, and more.

SOURCE:

https://openleverage.medium.com/openleverage-launches-permissionless-liquidity-market-cb8163d924d1

The post OpenLeverage Launches Permissionless Liquidity Market appeared first on Smart Liquidity Research.

OpenLeverage and Arbitrum communities have greatly anticipated this deployment to materialize opportunities within the long-tail market. As the leading Ethereum rollup, Arbitrum has over $2.9B in TVL and is optimal for DeFi adoption but lacks a truly permissionless lending and margin trading protocol. Deploying OpenLeverage on Arbitrum would fill this void and mutually benefit both communities. OpenLeverage is the best protocol to support the long-tail market with upcoming or trending tokens with its permissionless margin trading and lending infrastructure.

Their deployment will provide more support for long-tail tokens. Users can access more decentralized exchanges such as Uniswap V3, SushiSwap, and more and create any pair with depth, as well as open long or short positions. Arbitrum users will have more support for long-tail tokens they like — $MAGIC, $GNS, $RDNT, $GRAIL, and more.

They are deeply integrated within the Arbitrum ecosystem and will connect to many partners to expand their network within the upcoming weeks. They welcome all Arbitrum communities and projects to work and partner with them in enhancing the ecosystem.

SOURCE:

https://openleverage.medium.com/openleverage-is-coming-on-arbitrum-2a956fbe0b5a

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This partnership provides OpenLeverage with a headquarter space and virtual billboards inside the USM Metaverse. Inside the HQ, community members will be able to follow OpenLeverage for latest and exciting updates, engage with other players, and experience OpenLeverage content including graphics, videos, and NFTs. As USM.World announced its Partnership with OpenLeverage.

USM is building a large collaborative and multichain sector of Defi, with major decentralized finance protocols of the crypto ecosystem. The partnership with Open Leverage, is a huge milestone for USM.

What does OpenLeverage offers?

• Trade Any Token – Leverage thousands of tokens on OpenLeverage and trade with integrated liquidity from top DEXs like Uniswap, Sushiswap, PancakeSwap, Biswap and more.
• Fully Permissionless – Anyone can create lending and trading pools for any trading pair available on a DEX, with default interest rate and risk parameters, in a single click.
• Single-Sided Lending – Isolated and independent lending pools facilitate single-sided token lending with minimal risk.
• Multichain – Connecting to top AMM DEXs on Ethereum, BNB Chain, and Kucoin Community Chain.

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About OpenLeverage

OpenLeverage is a permissionless lending margin trading protocol that enables traders or other applications to long or short on any trading pair on DEXs efficiently and securely.

­Website | Twitter

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About USM Metaverse

The USM Metaverse is comprised of certain states with limited parcels for free purchase and ownership. Each state is rich in characteristics to be explored, where you may take a trip, make friends, create value, and build a real metaverse.

­Website | Twitter

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About RACA

Boasting a large and experienced development team, hundreds of community volunteers, and a vast fanbase, RACA has become a leading Web 3.0 solutions provider. They are a people’s DAO that has been with the community from the very start.

Website | Twitter

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SOURCE: MEDIUM

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With an extremely successful OpenLeverage Trading Campaign for PancakeSwap $CAKE Lockers, they are extending their original campaign to allow new & current lockers to earn more rewards by staking their CAKE.

Addresses holding locked CAKE (snapshot taken on July 17th at 12 PM UTC) are invited to join our Trading Campaign for $CAKE Lockers, which will last for 14 days, starting on July 18th, 12 PM UTC, and ending on August 1st, 12 PM UTC.

The OpenLeverage will distribute 1,700,000 OLE rewards for the CAKE campaign per week. There are a total of 1,190,000 OLE for trading rewards, and 510,000 OLE for lending rewards.

Users who have held locked CAKE prior to the July 17th snapshot will be eligible for an additional 10% in rewards. Users who hold locked CAKE and execute trades via PancakeSwap will be eligible for an additional 5% in rewards. This means PancakeSwap-aligned users are eligible to receive up to 15% more OLE rewards.

Rewards will be reduced by 5% each day, meaning users are encouraged to trade early.

About PancakeSwap

PancakeSwap decentralized exchange and 1st Automated Market Maker and Yield Farming on Binance Smart Chain.

PancakeSwap uses an automated market maker (AMM) model. That means that while you can trade digital assets on the platform, there isn’t an order book where you’re match with someone else. Instead, you trade against a liquidity pool.

Website | Twitter |

About OpenLeverage

OpenLeverage, a permissionless lending and margin trading protocol, on Ethereum, BNBChain, and KCC, with future multi-chain deployments planned. The permissionless design allows users to launch a leverage trading market for arbitrary pairs, integrating with liquidity provided on DEXs. OpenLeverage provides a permissionless, decentralized, scalable, and secure leveraged trading facility that serves the long tail and fast-growing DeFi market.

Website | Twitter |

Source

The post OpenLeverage Trading Campaign For PancakeSwap Lock CAKE to Earn More appeared first on Smart Liquidity Research.

Construction has begun on the OpenLeverage storefront in Sky City, where players can learn about the platform, trade with margin, and open long or short positions on nearly any trading pair from decentralized exchanges.

OpenLeverage is rich with features that enable users to lend and margin trade in a permissionless infrastructure:

• Trade Any Token: Leverage thousands of tokens on OpenLeverage and trade with integrated liquidity from top DEXs like Uniswap, Sushiswap, PancakeSwap, Biswap and more.
• Fully Permissionless: Anyone can create lending and trading pools for any trading pair available on a DEX, with default interest rate and risk parameters, in a single click.
• Single-Sided Lending: Isolated and independent lending pools facilitate single-sided token lending with minimal risk. Margin interest incurred by leveraged traders is paid out to lenders.
• Multichain: Connecting to top AMM DEXs on Ethereum, BNB Chain, and Kucoin Community Chain.

Built with Unreal Engine 5, AlterVerse is an immersive metaverse gaming experience. Players can buy land, build, shop, socialize, gather resources, craft non-fungible tokens (NFTs), trade items, & play-and-earn in many ways.

The AlterVerse team is progressing through Season 4 of the Binance Labs Incubation Program. This exclusive, flagship incubator program includes eight weeks of guided mentorship from a wide range of experts, introductions to an extensive network of industry leaders, and holistic support around regulatory/legal advice, recruiting, technical execution, PR, marketing, and more.

About OpenLeverage

OpenLeverage is a permissionless margin trading protocol. That enables traders or other applications to long or short any trading pair on DEXs efficiently and securely.

Website | Twitter

About Alterverse

SOURCE: MEDIUM

The post OpenLeverage X AlterVerse Partnership appeared first on Smart Liquidity Research.

OpenLeverage uses an innovative price reference mechanism called ‘OnDemand Oracle’, which is free from oracle creation and maintenance, accurate, and fast-tracking to protect lender and trader positions. OpenLeverage provides access-free markets; any user who wants to create a new market can add token addresses for an existing tradable token pair from a DEX. As part of the Incubation Program, OpenLeverage attended to VivaTech, Europe’s biggest startup and tech event. And presented its pitch in front of the tech industry leaders.

The proceeds from the raise will be used to strengthen OpenLeverage’s presence on the BNB chain and develop a multi-chain ecosystem with planned expansions to other EVM-compatible chains like Polygon, and Avalanche in the second half of 2022, and Ethereum Layer 2 solutions, Arbitrum, and Optimism.

OpenLeverage also plans to incorporate more DEX partners and build new features such as limit orders for trades, over-collateralized lending, smart vaults for optimized liquidity routing, decentralized asset management, and social trading via NFTs.

Jackie, CEO of OpenLeverage, commented: “We are committed to our protocol’s permissionless and transparent values. With BinanceLab’s support, OpenLeverage will unleash its fullest potential and enable more users to experience permissionless lending and margin trading. We have so much more in store for our users, with many exciting features under development and ambitious road map. We remain focused on building and deploying high-quality user products despite the challenging market conditions ahead.”

Since launching in December 2021, OpenLeverage has scaled aggressively, reaching more than $500 million in trading volume. With over 17,000 active users and 240 unique markets at press time.

About Binance Labs

Binance Labs identifies, invests, and empowers viable blockchain entrepreneurs, startups, and communities, providing financing to industry projects that help grow the wider blockchain ecosystem.

WEBSITE | TWITTER

About OpenLeverage

OpenLeverage is a permissionless margin trading protocol that enables traders or other applications to long or short any trading pair on DEXs efficiently and securely. The mission of OpenLeverage Protocol is to create an entirely permissionless decentralized margin trading infrastructure. Therefore, no permission is necessary to create a margin trading market for any pair, with isolated and market-adjusted risk controls. For the long term, OpenLeverage aims to build a decentralized crypto securities service to retail. And institutional clients, providing decentralized lending, derivatives trading, and asset management infrastructure, which integrates with the global DeFi ecosystem. They believe that the transition to a native financial layer on the internet is an essential step for humanity. It is free, frictionless, and not controlled by anyone.

WEBSITE | TWITTER

SOURCE: MEDIUM

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