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Content
@
https://warpcast.com/~/channel/plazafinance
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Plaza Finance pfp
Plaza Finance
@plazafinance
levETH is levered ETH πŸš€ Liquidation-free and cross-chain composable 🀝 How? Read below πŸ‘‡
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Plaza Finance pfp
Plaza Finance
@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. βš–οΈ 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. πŸ›‘οΈ 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 🐎
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thefairman.base.eth πŸͺ§πŸŽ© pfp
thefairman.base.eth πŸͺ§πŸŽ©
@fairman
I always thought it was leveraged ETH good to know
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NONSOL
@nonsol
I think I found a bug I was able to initiate more than 4 transactions and 1 coupon in a day!
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Udoph Nyaknno pfp
Udoph Nyaknno
@udophia
The riskiest of them all
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Skenshy
@skenshy
πŸ‘
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Manyoen pfp
Manyoen
@manyoen
Got it sir
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Kingsley Nguzodem pfp
Kingsley Nguzodem
@nguzodem
Sure, we're here for it
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Trung HiαΊΏu pfp
Trung HiαΊΏu
@trunghieu96
Nice
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Cristian pfp
Cristian
@cristianquero
Sounds good!
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Victor Ogunnaike
@web3protocols
Well done team
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