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Plaza Finance
@plazafinance
levETH is cross-chain composable levered exposure to $ETH LSTs and LRTs 🧐 More below 👇
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Plaza Finance
@plazafinance
Who is levETH for? levETH is designed investors who are bullish on ETH over a long time horizon, want extra exposure, but don't want to worry about getting stopped out of their trade in a short term market drop. 🔭
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Plaza Finance
@plazafinance
What are the advantages of levETH over perps? Cross-chain Composability - your assets aren't trapped in an exchange and are free to move across DeFi 🦅 Liquidation-Proof - the Plaza AMM protects you from getting stopped out of your trade 🛡️ Asset-Backed - Not synthetically tied to ETH where the exchange can socialize price jump losses among trade winners. Backed by actual ETH LSTs and LRTs 🧱 Convexity - potentially more leverage as prices go up, and less leverage as prices go down 📈 Decentralized - no need to trust a bank or institution, including Plaza 🏦
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Plaza Finance
@plazafinance
What are the risks? levETH is levered ETH. If ETH goes down, you can take an L in the short-run. The good news is you are never stopped out, so you can play for a recovery if ETH goes back up. 👀
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