LeverFi, an emerging player in the decentralized finance (DeFi) ecosystem, recently unveiled an innovative feature called ‘Staking Multiplier’. This feature offers users the ability to potentially triple their returns through the stake of their $LEVER tokens. In detail, LeverFi facilitates the betting and redeployment of assets, especially the LEVER and XLever tokens. The platform, in providing a clear overview, presents an estimated Global Effective Annual Rate (APR) that ranges from 236% to
708% for these activities.
Table of Contents:
LeverFi Price Prediction: 2023-2030
- LeverFi’s 2023 price prediction stands at $0.00226.
- In 2024, it is expected to be worth $0.00384, followed by $0.00485 in 2025.
- Upward prospects continue with forecasts of $0.00685 in 2026 and $0.00785 in 2027.
- In 2028, a value of $0.00985 is expected, followed by $0.0140 in 2029 and $0.0208 in 2030.
Will it ever reach 1 Dollar? An Objective Analysis
For LeverFi to reach 1 dollar, it should register an increase of 545 times compared to its current value. This would result in a market capitalization of 25.9 billion dollars. With an annual growth of 25%, it would be estimated that there would be a period of about 48 years to achieve this goal. The quality of the investment is moderate, but achieving 1 dollar is feasible only under extremely favorable market conditions
.
LeverFi: An Overall Perspective
LeverFi, formerly known as RAMP DEFI, is a decentralized platform for leverage trading. Recently rebranded to face the challenges of the DeFi landscape, its mission is to act as a bridge between Ethereum and EVM-compatible chains. It presents a unique approach to leverage trading, allowing users to trade and earn returns simultaneously, while lenders
earn interest.
Usefulness of the LEVER Token and Investment Opportunities
The LEVER governance token, with a total supply of 35 billion, offers an attractive investment opportunity. Its functions include locking for periods of 6-48 months, voting power in governance, and discounts on trading fees for XLever token holders. Overall, LEVER appears to be a moderate-good investment, considering its utility and
past performance.
Where to Buy LEVER Tokens?
LEVER tokens are now available on Bybit Exchange and several other major exchanges, including Binance, BTSE, Bithumb, Bitget, BingX, Gate.io, and MEXC.
In conclusion, LeverFi emerges as a dynamic platform with a unique model, offering trading and investment opportunities in a decentralized environment. We are looking forward to seeing the evolution of LeverFi in the DeFi landscape and its future
developments.
LeverFi Exchanges FAQs
On which exchanges can I buy LeverFi?
You can buy LeverFi on cryptocurrency platforms such as Tapbit, Binance, Binance Futures, Indodax, and Bitget. Currently, LeverFi is traded on 20 exchanges. The most popular exchange for LEVER at the moment is Tapbit
.
What is the best exchange to buy LeverFi?
Currently, the best exchange to buy LEVER is Binance, which has recorded a LeverFi trading volume of $175.65 million in the last 24 hours. However, you can also choose from other exchanges that list LEVER, such as Bybit, gate.io, Binance Futures, CoinEx,
and Tapbit.
Where can I buy LeverFi with Fiat currency?
If you want to buy LeverFi with fiat currency, you can do so on Kraken, one of the most established platforms in the cryptocurrency industry. Currently, Kraken quotes LeverFi in pairs with the US Dollar, Euro, British Pound, Australian Dollar and Japanese Yen. You can buy cryptocurrency on Kraken with a Visa or Mastercard card, or you can fund your account via bank transfer or
other methods.
Where can I buy LeverFi with USDT?
You can buy LeverFi with USDT on the Binance cryptocurrency exchange platform. Binance is one of the most popular exchanges in the world and has managed a LeverFi trading volume of $175.65 million in the last 24 hours. Binance also lists a large number of other cryptocurrencies, offering many trading options in addition to LeverFi
.
On which exchange can I buy LeverFi with a credit card?
You can buy LeverFi with a credit card on Binance and other exchanges such as [add name]. Using a credit card is a quick and convenient payment method for buying cryptocurrency, but it usually involves higher fees than other ways of buying cryptocurrency with fiat currency.
What is LeverFi’s trading volume over the last 24 hours?
LeverFi’s trading volume over the past 24 hours is $1.25 billion. LeverFi is listed on 20 exchanges with 21 trading pairs.
Which exchange has the highest trading volume than LeverFi?
Currently, the most popular exchange for LeverFi is Binance, which has handled $175.65 million worth of LEVER trades in the last 24 hours.
What is the most popular trading pair for LeverFi?
The most popular trading pair for LeverFi is LEVER/USDT. In the last 24 hours, LEVER/USDT registered a trading volume of $544.54 million on 20
different cryptocurrency platforms.