plaza finance

levETH is levered ETH 🚀

Liquidation-free and cross-chain composable 🤝

How? Read below 👇

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 🐎