Leverj is a decentralized leveraged crypto exchange that provides solutions to the inherent risks seen in centralized trading platforms. Leverj provides decentralized identity to avoid identity leaks and multi-signature accounts to provide complete user control over account funds. LEV is an Ethereum-based ERC20 token and it is the primary token in Leverj's two-level token system.
The LEV token represents a license to transact on the platform proportional to the percentage ownership of the token supply. The second token, FEE, can be generated by LEV token holders by freezing the LEV token in a smart contract for a fixed duration, allowing them to trade on the Leverj platform without having to pay fees in ETH.
|Mkt.Cap||$ 10.09 M||Volume 24H||0.00000000 LEV|
|Market share||0%||Total Supply||1000 M LEV|
|Proof type||Open||$ 0.01|
|Low||$ 0.01||High||$ 0.01|
In Leverj, the so-called asset hosted contract is actually unmanaged. Its purpose is to keep the user’s assets, while ensuring that only the user himself can access the funds.
And the secondary token FEE acts as an exchange fee, avoiding volatility and reducing speculation in the primary currencies. The LEV token represents a license to transact on the platform proportional to the percentage ownership of the token supply. The second token, FEE, can be generated by LEV token holders by freezing the LEV token in a smart contract for a fixed duration, allowing them to trade on the Leverj platform without having to pay fees in ETH.
Leverj is building a fully decentralized trading model that will provide an unprecedented level of security and efficiency. The primary token LEV is of fixed supply and represents a license to transact on the platform proportional to the percentage ownership of the token supply. The secondary token FEE is the accounting mechanism to ensure the right of FEE can be exercised fully in a decentralized manner. LEV can be utilized to stake and receive the FEE created proportional to platform volume.
Leverj REST and Websocket API enable access to all features of the platform. The testnet and live sites are built entirely using this API and should be seen as one of the many possible platform implementations. The API could be leveraged to power a comprehensive set of tools and utilities, including automated trading clients and bots.
In the future, ICORoot team will continue to track and report the progress of the project. Among the decentralized exchanges in the industry, Leverj has the advantage of providing a decentralized leveraged transaction that allows it to achieve high-speed trading and leverage trading at the same time.
Leverj 24h Vol $0
Leverj replaces the typical username and password based authentication scheme with a triplet of your account id, an apikey and a secret associated with the apikey. There is absolutely no need for the system to know about your account’s private key. The apikey’s secret is used to sign and confirm your identity but is not transfered over to the server either.
The Leverj solution is an interesting platform that aims to combine the best elements of both decentralized and centralized exchanges. If you’re looking for an unique approach to the practice of decentralizing exchanges, the Leverj ICO is worth keeping an eye on. In the current state of the bitcoin network, the decentralized model has become prohibitively expensive. Ethereum transactions are faster and cheaper, making it the natural step forward for further developing a decentralized trading platform.
Leverj decentralizes the most desirable features of derivatives trading by implementing them in cryptocurrencies and eliminating points of friction. With a tight focus on derivatives trading and the supporting ecosystem, Leverj has taken the approach of defining the product first. We have built a functioning exchange with a usable UI (user interface), decentralized identity, and provable audit. We plan to decentralize the back-end and add ecosystem features that will enable large players to move into the cryptocurrency world. Leverj is a token project to create a decentralized leveraged exchange complete with position management and near instant settlement.
Current decentralized exchanges are not suitable for trading, and they do not support risk hedging. Leverj’s goal is to meet these real-world transaction needs in a decentralized system which achieves a distributed contract that executes on-chain and verifies off-chain. In the White Paper, Leverj fully considered various security issues that may be encountered during the execution of the contract, as well as illustrating the corresponding solutions and the deficiencies of Leverj itself.
- The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion).
- Leverj REST and Websocket API enable access to all features of the platform.
- The leverage platform is made with the great combination of the best elements of the centralized and decentralized exchanges.
- Therefore, with dual tokens, the primary token acts as a symbol of stock equity in representing the future value of the project will be increasing.
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If you are interested in the both these exchanges, then you can consider spending on Leverj. This platform is user-friendly and can help you to get maximum benefits while utilizing your money in the right direction.
The cryptocurrency exchange BitFlyer has received a license to work in the EU
We also provide rich advertisement campaings to advertise your bussiness on this website. The leverage platform is made with the great combination of the best elements of the centralized and decentralized exchanges.
The CEO, chief technician and operators have been working at Leverj for more than a year, but there are too few introduction about leverage. The CEO had a 10-year software engineering development experience at an investment bank on Wall Street, so the technical architecture will not be high. And there are financial product expert, crypto derivatives veteran and founder of Whalepool in the team.
Leverj reached its highest price on 16 January, 2018, when it was trading at its all-time high of $ 0.443124. The hosted contracts add up the transaction cost and sent it to the equity contract. Based on the amount and time of tokens held by the user, the equity contract regularly calculates the user’s allocated profit based on the equity formula, and the equity contract will produce new tokens on demand.
When the user deposits cryptocurrency to the contract, the hosted contract will allocate the corresponding amount of token to the sending address and records the amount that the user can withdraw. In the early days of the development of the digital encryption industry, there exist problems in current centralized exchanges, like high risk of hack attack and low liquidity.
The loginless system relies on ECDSA (Elliptic Curve Digital Signature Algorithm). The scheme involves signing message payload using an apikey’s secret and subsequently using the elliptic curve signature elements to derive or recover the apikey. This pair of actions involving signing and recovery establishes trust and identity to facilitate authentication.
The fee paid with ETH will be sent to the Leverj team and a portion of the cost will be allocated to the user (no specifics mentioned). Leverj includes on-chain asset custody and equity contracts, as well as off-chain centralized or decentralized order book and matching engine.
You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens.
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Overall, the project did not have too much celebrities endorsement, so the team background is merely general. The future project landing can be expected, and ICORoot will continue tracking the aspects related to the exchange structure. Although the cryptocurrency industry has been booming, the market is still in its early stage and has many imperfections, including the security of cryptocurrencies. For example, large exchanges like MtGox and Bitfinex have experienced hack attack, causing a large amount of funds loss. In addition, the traditional financial stock market are trading in the country’s exchanges with the Commission’s control.
However, Leverj can greatly reverse the original centralized industry and its ecosystem. Although Leverj claims itself as a decentralized leveraged exchange, there is nothing related to leverage structure in the framework. The author personally believes that if the platform aims to be a decentralized leveraged exchange, it should acts as an independent third party to trade in the chain. The profit of the investor’s means the loss of the platform, so the platform can only control the risk through the chain and make the manipulating more transparent. And the project has a relatively new point, that is, the dual tokens mechanism.
Today Leverj price in US dollars is currently 0.0156 USD, and if converted to Bitcoin is 0. Leverj prices are currently experiencing a change of 0.00 %, check all cryptocurrency.
Over the past 24 hours 0.000 M US dollars Leverj has been traded on Crypto Exchanges. Get Leverj's progress by adding it to your favourites and creating a free portfolio if you wish. Leverj, the decentralized platform for cryptocurrency derivatives trading, plans to unveil its highly-anticipated system to novice, experienced, and institutional traders interested in leveraged cryptocurrency transactions.