Leverage.art: A New Approach to NFT Trading with Leverage

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by Giorgi Kostiuk

2 years ago

Leverage.art is opening new horizons in NFT trading by offering high leverage levels for trading top collections like Azuki and BAYC.

A New Platform for NFT Trading

Leverage.art offers the opportunity to trade popular NFT collections like Azuki, BAYC, and Pudgy Penguins with up to 100X leverage. This platform fills a gap in the market by providing a mechanism that was not well implemented before.

Technological Features of Leverage.art

Leverage.art operates on Solana's blockchain, known for its fast and low-cost transactions. The platform uses perpetual contracts, allowing traders to go long or short without worrying about expiration dates. The $LEVER token underpins all trades, ensuring a smooth and efficient trading process.

Financial Model and Usage Risks

The project raised $250,000 in an internal funding round for development, and these funds are being repaid through a 50% hold on the platform's revenue. The remaining funds are allocated to $LEVER's buyback model. However, users should be mindful of the risks associated with NFT volatility and the possibility of quick position liquidation in unfavorable market movements.

Leverage.art provides innovative opportunities in the NFT trading world, combining cutting-edge technology with high leverage limits. Users should carefully assess associated risks and always act prudently.

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