Company Performance Metrics
Schalk Dormehl: CEO and Chief engineer
Levr.ly is a platform that allows anyone to create a leveraged token set. Its future dashboard will have an intuitive interface, easily guiding users to create new sets. No developer knowledge will be required.
The platform uses AAVE and Compound to borrow additional capital against the user's collateral. This allows a user to create a
leveraged token set.
Other users can purchase the set, allowing them to partake in the same leveraged position. Both long and short positions can be created, making it a bear and bull market product.
Levr.ly is unique because it participates in trading the real underlying token and is not cash-settled.
Because secondary loan markets are used, massive liquidity is already available to the user.
The platform has Zero holding Fees and is built on top of chains where AAVE and Compound are available.
Token sets can be created using any asset where the loan market provides liquidity, making levr.ly a many-many token platform. The project is currently in its ICO stage. The sale captures ETH tokens and distributes them into even liquidity pools. Follow the link to this PDF for more details on how the sale works - https://drive.google.com/file/d/1Kc_wMZ_023X8BPDvNgbLYvB_JIJhbTv9/view?usp=sharing
The sale interface can be accessed here - https://sale.levr.ly/.
In addition to the above, the LEVR treasury, which holds LEVR tokens, will be managed by the token holders as a fully-fledged DAO with imminent token voting. The treasury is governed by the governance interface, which runs on the Arbitrum chain.
Arbitrum has guarantees on its bridge and boasts low transaction fees, making frequent rebalancing of the pools possible.
Once a sufficient amount of tokens has been sold, the team will begin developing the generic long-short pair dashboard.
