OpenLeverage is a decentralized margin trading protocol that enables users to long or short any trading pair on DEXs without needing permission. The project aims to create a native financial layer on the internet that provides decentralized lending, derivatives trading, and asset management infrastructure, which integrates with the global DeFi ecosystem. Users can create a new trading pair lending pool between tokens, as long as the pair exists on the DEX. OLE is the utility and governance token for OpenLeverage, providing users with benefits such as governance over protocol decisions, reduced trading fees, and boosted lending rewards.
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