Hi Lever Community,

As you may have already known, our protocol was recently hacked. A total of 32.78 ETH, 1,068.05 BAKE, 167.25 XVS, 1,042.89DAI, 64,157.79 BUSD, 54,335.19USDT ,2.8806 BTC, 1,930.01CAKE, 463.0078DOT, and 332.9184 WBNB were stolen from our liquidity pool. While we are trying our best to track the hacker and retrieve the funds, we would also like to put forward our compensation plan for the community.

In the following days, we will use our own funds to reinject the exact amount of stolen tokens to the liquidity pool. By then you will be able to withdraw your full deposits. With that said, the Lever team will cover your loss. Of course, before we start the injection, we will need some time to fix the loophole and re-audit the contract. So please kindly wait and thanks for your support & understanding.

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Technical Progress

  1. Minor bug fixed
  2. Daily technical maintenance.

Market Data

Cross-chain Deposit Pool: $2,060,890
Cross-chain Loan Pool: $1,341,828
Overall Loan-deposit Ratio: 57.54%
Cross-chain Assets: 44
Cross-chain Trades: 5,706
Cross-chain Margin Trading Volume: $$42,168,311.49

Community

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Technical Progress

  1. Minor bug fixed
  2. Daily technical maintenance.
  3. Implemented the new NFT system.

Market Data

Cross-chain Deposit Pool: $2,039,582
Cross-chain Loan Pool: $1,340,155
Overall Loan-deposit Ratio: 57.54%
Cross-chain Assets: 44
Cross-chain Trades: 5,684
Cross-chain Margin Trading Volume: $42,081,221.83

Community

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Technical Progress

  1. Minor bug fixed
  2. Daily technical maintenance.

Marketing

  1. Trading event ongoing.

Market Data

Cross-chain Deposit Pool: $2,651,831
Cross-chain Loan Pool: $1,519,395
Overall Loan-deposit Ratio: 57.3%
Cross-chain Assets: 44
Cross-chain Trades: 5,640
Cross-chain Margin Trading Volume: $41,634,446.71

Community

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Dear Lever traders:

Who is the most profitable trader among us? Our new event will find out!

Event:

We will select 5 positions with the highest-earning percentage during the event period.

Time:

Starting from 5th Nov until 12th Nov.

Rules:

  1. In order to participate, you will need to have at least one closed position during the event.

2. Only one position will be selected for each wallet address.

3. The ranking is based on profit percentage, not profit.

4. Winners will be given $Lev which equals 20% of their position’s profit.

5. $Lev rewards are calculated based on real-time values, and it is decided when the reward is sent.

Join LEVER Community:

Site: https://lever.network/
Telegram Chat: https://t.me/LeverNetwork
Telegram Ann: https://t.me/levernetwork_ann
Twitter: https://twitter.com/LeverNetwork
Discord: https://discord.gg/vfKupyqq2V

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Technical Progress

  1. Minor bug fixed
  2. Daily technical maintenance.

Marketing

  1. New event regarding trading coming later this week

Market Data

Cross-chain Deposit Pool: $2,126,512
Cross-chain Loan Pool: $1,368,617
Overall Loan-deposit Ratio: 64.36%
Cross-chain Assets: 44
Cross-chain Trades: 5,578
Cross-chain Margin Trading Volume: $40,996,797.43

Community

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Technical Progress

  1. Minor bug fixed
  2. Daily technical maintenance.

Market Data

Cross-chain Deposit Pool: $2,210,265
Cross-chain Loan Pool: $1,357,666
Overall Loan-deposit Ratio: 61.43%
Cross-chain Assets: 44
Cross-chain Trades: 5,517
Cross-chain Margin Trading Volume: $40,661,230.03

Community

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Technical Progress

  1. Minor bug fixed
  2. Daily technical maintenance.

Market Data

Cross-chain Deposit Pool: $2,381,649
Cross-chain Loan Pool: $1,441,841
Overall Loan-deposit Ratio: 60.54%
Cross-chain Assets: 44
Cross-chain Trades: 5,453
Cross-chain Margin Trading Volume: $40,466,165.10

Community

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Technical Progress

  1. Minor bug fixed
  2. Daily technical maintenance.

Market Data

Cross-chain Deposit Pool: $2,458,583
Cross-chain Loan Pool: $1,62,993
Overall Loan-deposit Ratio: 59.51%
Cross-chain Assets: 44
Cross-chain Trades: 5,394
Cross-chain Margin Trading Volume: $40,280,590.98

Community

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Lever

Lever

759 Followers

The First AMM-Based Decentralized Margin Trading Protocol.