Introducing LevSwap, A Novel Decentralized Synthetic Leveraged Token Exchange for Any Asset.
Leverage on Any Asset! $BTC $ETH $SNX $ALPHA
Anyone Can Add #LeveragedToken!
No KYC!
No Forced Liquidation!
**LevSwap Coming Soon**
https://t.co/PriI32BMAB
LevSwap is participating in the Binance Smart Chain hackerlink Grant program, invite you and your friends to vote for our Grant. We will reward the addresses for participating in support. Love you~~
https://t.co/ORFrPCnjZP
@cryptopotato5 In the early days of the test network, the leverage ratio would be set to 3 times. More leverage ratio options will be launched one after another.๐
LevSwap will deploy the testnet within a week.
ETH #LeveragedToken trading pairs would be provided at first, Users can directly buy ETHBull, ETHBear to short or long ETH.
Come and Join us! Experience the next generation of leveraged product. LevSwap will remember the community
Core products and developers are discussing the product principle, long-short balance, risk and benefit, and rate setting mechanisms.
#LeveragedToken#ETH#SNX
Dynamic leverage ratio around a specified value (e.g. 3X) is designed based on the long and short market forces to build a zero-sum game between long and short.
k1, k2 are the leverage ratio for long and short
Our Ethereum RPC provider QuikNode is down due to overloaded traffic. We're switching to Infura and will take few minutes. We will then post the ITO Tweet. Sorry of the inconvenience.
$BTC3XLONG and $BTC3XSHORT are debts of LevSwap based on the same ETH collateral pool, such that the long and short #leveragedToken holders are the game's opponents while the BTC's price changing.
$BTC $ETH $SNX $UMA
The UMAโs liquidation and DVM mechanism are useful, and we drafted "a Novel Long-short balance and no ImpermanentLoss Synthetic asset product" based on it. We will discuss this idea with @UMAprotocol community.
https://t.co/RwLKnu6cxY
If you asked me how to create a crypto community where people did Haiku bounties for $250, I'm not sure I could tell you.
But that's what's going down in @UMAprotocol's Discord sub-community by @youmychicfila.
#LeveragedToken are issued based on ETH's value, such as $BTC3XLONG and $BTC3XSHORT at the price decided by the pricing equdation. Anyone can use $ETH to buy $BTC3XLONG to long BTC or $BTC3XSHORT to short BTC just like buying a ERC20 token on uniswap.
No KYC, No Liquidation !
The core of the #LeveragedToken design is the elegant and powerful equation below which decides the price of leveraged token.
**LevSwap Coming Soon**
#FTX#BinanceSmartChain#NASA
We are working our hardest to provide an elegant leverage trading experience, here is what we are doing:
+ Elegant leveraged token pricing and trading system
+ Price oracle optimizations @chainlink@Uniswap
+ easy-to-use UI/UX
**LevSwap Coming Soon**
#LeveragedToken
LevSwap is a decentralized Leveraged Token Exchange, support assets like ETH 3x Long.
LevSwap offers features like low-slippage, no force liquidation & community asset listing. #BinanceSmartChain#Ethereum
https://t.co/ORFrPCnjZP
Thanks @BinanceChain
https://t.co/wgdLg2TfKV