Every defi project has its own major goal or major service such as AMM DEX, yield farming, lending, trading, NFT and so on. Some developers also take into account a mix of multiple items to offer end users more options and therefore increase their project revenues and TVL. Lever Network is such a unique BSC project which provides defi users to earn interest as well as to trade as they want. In particular, it is also a lending platform bounding with trading features.
Think about the scenario that a user might deposit some crypto assets. Then the user is automatically earning the reward, which is given as LEV tokens, the native tokens of Leven Network. Also, the user could borrow certain amount of crypto assets from the platform if they have deposited some tokens into Lever lending pool. Remember to keep the risk rate higher than 100% is required to avoid liquidation. Both depositing and borrowing crypto assets are able to earn LEV token as a reward. So, if you don’t think about trading, make use of this feature to maximize your profit.
For those who want to do margin trading with crypto assets could also take advantage of the lending feature. A user could buy the target asset such as BNB with borrowed asset (BUSD). In other words, if a user deposits more assets, he could buy more target assets with up to 3x leverage. However, the risk rate should be considered to avoid liquidation. Lever Network gives away LEV tokens on every trade as an incentive to encourage users making use of margin trading more often.
In addition to trading and lending features mentioned above, two kinds of staking pools are available for LEV holders. This is a pretty good design which provides more application scenario of LEV tokens.
To sum up, there are three ways to earn LEV tokens.
1. Staking / Liquidity Mining
2. Deposit / Borrow assets
3. Margin Trading
Earning LEV is handy. Lever Network offers multiple decentralized finance solutions for people, and they choose where to start based on their preference. Be a happy farmer or a happy trader on Lever.
