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Topic: [ANN] Lever Network - The first AMM-based decentralized margin trading platform (Read 187 times)

sr. member
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Hodlers Network
The full recap is as follows, for those who haven’t been able to catch the whole AMA on Jun. 16, 5 PM SGT, right after Lever V2 successfully launched on Heco chain.

read Full Transcript of Lever AMA with HECO by click the link below
https://levernetwork.medium.com/lever-heco-ama-jun16-70f202860d83
sr. member
Activity: 1092
Merit: 250
Hodlers Network
Lever Weekly Report Jun.10 — Jun.16

Technical Progress
1. Lever V2 launched on HECO. What’s NEW: https://levernetwork.medium.com/lever-v2-launch-on-heco-c0f8280513ab
2. Lever V2 code audit complete. Full audit report by Certik https://lever.network/CertiK%20Audit%20Report%20for%20Lever%20V2.pdf
3. Several UI bug fixes.
4. Listing of new assets.

Marketing & Operations
Confirmed: Chainlink
In progress: Substrate, etc.
more information visit https://levernetwork.medium.com/weekly-report-jun-10-jun-16-5d8fb2167581
sr. member
Activity: 1092
Merit: 250
Hodlers Network
good news!! Lever2 now ready and the first launched will be on HECO on Jun. 16, 8:00 AM UTC.

Know more about LEVER2 :

  • Optimization of Open/Close Position: for easier understanding and better user experience, Open & Close Position are both available under the Margin tab.
  • Market Order: You can now place a market order on Lever. A market order is an order to quickly buy or sell at the best available current price. It needs liquidity to be filled, meaning that it is executed based on the limit orders that were previously placed on the order book.
  • Limit Order: You can now place a limit order on Lever. A limit order is an order that you place on the order book with a specific limit price. The limit price is determined by you. So when you place a limit order, the trade will only be executed if the market price reaches your limit price (or better). Therefore, you may use limit orders to buy at a lower price or to sell at a higher price than the current market price.
  • Stop-limit Order: You can now place a stop limit order on Lever to either take profit or stop loss. The best way to understand a stop-limit order is to break it down into stop price and limit price. The stop price is simply the price that triggers a limit order, and the limit price is the specific price of the limit order that was triggered. This means that once your stop price has been reached, your limit order will be immediately placed on the order book. (For more example: https://bit.ly/3gpPyjP)
  • Optimization of Service Fee: For a healthier and more sustainable growth of the Lever protocol, a 0.3% service fee is applied to your loan, which will be collected when repaying your debt. The fees collected will be used for future LEV buyback.
read the full article here https://levernetwork.medium.com/lever-v2-launch-on-heco-c0f8280513ab
sr. member
Activity: 1092
Merit: 250
Hodlers Network
Jun.10 New Listing Coming.03 12,000 $LEV in Reward

Lever initiated the second Governance Event to vote for the asset listing on Jun.8th.
To celebrate six of the new trending assets listing on Lever, we are holding another round of Liquidity Mining for these 6 listed altcoins to offer a total of 🎁12,000 $LEV for Lever’s loyal users!

Liquidity Mining
Duration: Jun. 10, 8:00 AM UTC to Jun. 13, 8:00 AM UTC.
Allocation: 2,000 $LEV for each asset (1,000 $LEV for Depositing, 1,000 $LEV for Borrowing)
more information https://levernetwork.medium.com/jun10-new-listing-8611a09f106


sr. member
Activity: 1092
Merit: 250
Hodlers Network
Lever Weekly Report Jun. 3— Jun. 9

read about Technical Progress, Marketing & Operations, Market Data, Community, from Jun. 3 - jun. 9
about Partnerships
  • Confirmed: HECO Chain
  • In progress: ChainLink, Substrate, etc.
read the details here https://levernetwork.medium.com/lever-weekly-report-jun-3-jun-9-95d526d8311a
sr. member
Activity: 1092
Merit: 250
Hodlers Network
Jun.4 New Listing Coming 1 12,000 $LEV in Reward


Lever initiated the first Governance Event to vote for the asset listing on Jun.2nd.
To celebrate six of the most trending assets listing on Lever, we are holding another round of Liquidity Mining for these 6 listed altcoins to offer a total of 12,000 $LEV for Lever’s loyal users!
Liquidity Mining
Duration: Jun. 4, 8:00 AM UTC to Jun. 7, 8:00 AM UTC.
Allocation: 2,000 $LEV for each asset (1,000 $LEV for Depositing, 1,000 $LEV for Borrowing)
How to participate:
Depositing: deposit any mentioned assets on Lever and you will start earning $LEV. Your rewarded $LEV is calculated in real-time based on your proportion in the deposit pool of the asset.
Borrowing: borrow any mentioned assets on Lever and you will start earning $LEV. Your rewarded $LEV is calculated in real-time based on your proportion in the loan pool of the asset.
read the detail here https://levernetwork.medium.com/jun4-new-listing-1e00737a17c3
sr. member
Activity: 1092
Merit: 250
Hodlers Network
Lever Weekly Report May 27 — Jun.2


Technical Progress
  • Code auditing of Lever V2 is near completion.
  • Several bug fixes.
  • Implemented online support on the site.
  • $DOGE, $DOGGY and $BAKE listing on BSC version.
  • HECO launch delayed due to change in schedule.
read the full report here https://levernetwork.medium.com/lever-weekly-report-may-27-jun-2-5cdad727e918
sr. member
Activity: 1092
Merit: 250
Hodlers Network
$LEV Governance Plan, Cast Your Vote for Asset Listing Now!


The launch of $LEV governance is to encourage the participation of all Lever users and empower users to take ownership of Lever upgrade, parameter adjustment, and the release process. Learning how decentralization works is a continuous process for the Lever team, and the Lever community as well. We sincerely welcome valuable advice and suggestions to build a full-on-chain governance application and model.
more information https://levernetwork.medium.com/lev-governance-plan-3f2e963d3308
sr. member
Activity: 1092
Merit: 250
Hodlers Network
Margin Trading on Lever 101: How to Carry out Margin Trading on Lever?

Margin Trading
What is Margin Trading?
Margin Trading means borrowing from the Lever protocol and using the borrowed asset to perform leverage trading, which you can either long or short any supported assets.
Margin trading is a form of leverage, which users use to magnify their returns, however, the losses can be magnified as well.
full information https://levernetwork.medium.com/margin-trading-on-lever-101-how-to-carry-out-margin-trading-on-lever-ffb67d8f7150
sr. member
Activity: 1092
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Hodlers Network
Lever & Suterusu Partnership🤝New Era of DeFi Privacy


About Suterusu
Suterusu built a Layer-2 privacy protection protocol based on the original ZK-ConSNARK technology. It does not require a trusted setup ceremony which has been a big criticism to other zk-proof based solutions, and the proofs generated have a near-constant size with limited overhead generated through large input, and both proof generation and proof verification times have been reduced by over an order of magnitude compared to previous state-of-the-art benchmarks. The core technical papers were presented at one of the three flagship meetings of the International Society of Cryptography, the top meeting of the field of cryptography, known as Omicron 2021.
more information https://levernetwork.medium.com/lever-suterusu-partnership-fd79ad1d8dcc
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★Bitvest.io★ Play Plinko or Invest!
So has anyone here used this margin trading platform? How much is the gas delegation fee as compared to using uni or sushiswap directly? And also, since all IDO are already finished based on the dates, how much was collected by this project?
sr. member
Activity: 1092
Merit: 250
Hodlers Network
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Activity: 294
Merit: 10
Lever Network is the #1 AMM-Based Decentralized Margin Trading Platform. What makes Lever so special?
- Efficient Asset Utilization
- Quick and convenient trading experience
- Enormous liquidity
- Much more tokens can be shorted
- More collateral options for loans

Lever Network has clean UI and great UX, very comfortable for trading. This is the UI looks like. Lever network will launch on Mainnet May 9, 12:00PM UTC.



LeverNetwork is backed by big VCs, which is very great for this project!!



Lever Network will launch IDO on several platform:
- May 3rd on BSCPAD: https://t.co/aCR3CHbyts?amp=1
- May 3rd on DAOmaker SHO: https://t.co/Hsa7Cy9bOy?amp=1
- May 3rd on Westarter: https://t.co/ODPRKFBtOO?amp=1
- May 5th on Gate io: https://t.co/irLOKnWw27?amp=1

Relevant Links:
- Twitter: https://twitter.com/LeverNetwork
- Telegram: https://t.me/LeverNetwork
- Website: https://www.lever.network/
- Lightpaper: https://www.lever.network/Light-Paper.pdf 
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