Welcome

Thanks boss man, just seeing this. More greens ♥️

plaza finance

The Public Square for On-Chain Bonds and Leverage 📈 | Live on @base Sepolia Testnet 🚀 | https://plaza.finance | Yapping here /plazafinance

How is levETH liquidation-free?

The leverage is market-set and dynamic based on the relative amount of levETH and bondETH created. This encourages levETH to delever as ETH price falls and lever up as ETH price rises. This slows losses and accelerates gains. ⚖️

The Plaza AMM allocates returns of the ETH LST and LRT vault such that  there are always ETH LSTs and LRTs backing levETH so you never get stopped out of your trade. 🛡️

Your position may fall to 1.0x ETH and asymptotically approach zero as ETH price falls significantly, but you're in the game to play for a recovery 🐎

Technowatermelon. Elder Millenial. Building Farcaster. 

nf.td/varun

Yesterday was the biggest liquidation event in crypto history. Today prices recovered. 🙏

We designed levETH exactly for this scenario - so you don't get stopped out of your trade during a short-term drawdown, and can play for the recovery 🥽

Launching on Base soon and expanding everywhere 🚀

Yesterday was the biggest liquidation event in crypto history. Today prices recovered. 🙏

We designed levETH exactly for this scenario - so you don't get stopped out of your trade during a short-term drawdown, and can play for the recovery 🥽

Launching on Base soon and expanding everywhere 🚀

https://cointelegraph.com/news/crypto-market-liquidation-bybit-10b

Fremzy

@fremzy