1. Buy long or sell short certain assets with leverage.
Users are mainly borrowing for unexpected expenses, leveraging their holdings or for new investment opportunities.
For instance, if you are long holding asset A and are bullish on asset B, in this case, you can deposit your asset A on Lever as collateral and borrow a stablecoin like USDT or DAI with or without leverage depending on your reference, then swap it to asset B. Once both prices go up, your gains will be amplified.
2. Earn more passive incomes.
Other than receiving interest on your deposit, you can earn LEV token rewards through Lever’s liquidity mining program.