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At its core, LeverFi is a DeFi platform that allows users to engage in leveraged trading, affording them the capability to capitalize on market fluctuations with borrowed funds—up to 10x leverage. In addition, it enables traders to earn yield on their collateral deposits, thereby creating a dual-income opportunity within a single platform. This intermediary role is crucial, as it facilitates interactions between traders looking for credit and lenders seeking returns on their deposited assets.
LeverFi stands out by addressing prominent issues within the DeFi realm, such as a lack of sustainable Total Value Locked (TVL) and inadequate utility for tokens. By focusing on these areas, the platform aspires to foster greater user engagement and liquidity, ultimately leading to a more robust DeFi ecosystem.