Lavarage operates as a decentralized exchange (DEX) aggregator that allows users to trade tokens with leverage directly on existing DEX platforms. It amplifies users' trading positions by providing leveraged exposure to assets. Additionally, users earn Tephra, the platform's rewards token, for every trade executed.
Is Lavarage a secure platform?
Lavarage integrates security measures typical of decentralized finance (DeFi) platforms, relying on smart contracts to execute trades transparently and securely. The platform minimizes custodial risks as users retain control of their funds. Regular audits and adherence to DeFi best practices enhance its security framework.
How to use Lavarage?
To use Lavarage, users connect their cryptocurrency wallet to the platform and select the tokens they wish to trade with leverage. They can then specify the leverage ratio and execute trades directly on aggregated DEXes. Rewards in the form of Tephra are automatically accrued with each transaction.
What services does Lavarage offer?
Lavarage provides leveraged trading on decentralized exchanges, enabling users to amplify their trading positions. It also offers rewards through its native Tephra token and additional incentives like the Lava Rock for boosting earnings. The platform includes an affiliate program to further engage its user base.
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