LeverFi

LeverFi, previously RAMP DEFI, is a decentralized platform for leveraged trading. The RAMP DEFI team decided to redesign their business in March 2022 in order to address the changing DeFi industry. The branding intends to address problems with the present DeFi market, namely a lack of useful and sustainable TVL. By enabling customers to trade and yield farm simultaneously, the LeverFi team intends to develop a solution that adds value. Investors who borrow money to trade with leverage up to 10X pay interest to lenders who deposit money into lending pools. In order to increase yield, any liquidity from lenders that is not utilised would be put into other DeFi protocols. LeverFi aims to serve as a bridge for Ethereum and EVM-compatible chains like BNB Chain, Avalanche, Polygon, Arbitrum, Optimism and more.